The importance of the 2024 elections cannot be understated, with some voters waiting for over six hours just to cast their vote.
He goes on to explain that immediately after elections, the property market may experience some short-term volatility as investors react either positively or negatively to the new political landscape. “However, long-term stability and growth depend on the elected government's ability to implement effective policies and make good on any pre-election promises,” Goslett notes.
Unsure of how citizens will react to the election results, Goslett adds that foreign investors also tend to adopt a ‘wait and see’ approach when it comes to investing until they can be more certain of political stability in the country.
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