A slowdown in the property sector will have an effect on a lot of businesses, no doubt.
Of course, it will have a more pronounced effect on real estate agencies, developers and other businesses involved in the transacting, construction & marketing of real estate.
We must also remember thought that OTH are not directly reliant on property sales to make their income.
Personally, we rely on one of their products regardless of market conditions - the Console Gateway product. It manages our trust accounts, assists us in the management of tenancies and helps us automate the majority of our processes within the business.
Downturn or boom, we rely on that particular product on a daily basis.
Fairly diverse company that is not reliant on one segment of the property industry to make its money.
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