Hemline Indicator Going Up in Morocco

When hemlines go up, so does the market.  Well, in Morocco, djellaba hemlines for both men and women have come way up in the past few years.  From ankle-length, they have now come up to mid-calf length. But what’s been going up in Morocco is real estate prices!

With the worldwide economic slowdown, I imagine it will affect Morocco, even though it hasn’t yet done so very much.  Tourists are still coming, and according to a friend I know who owns a travel agency, Europeans don’t seem to be cancelling their holidays to Morocco, at least not yet.

So, if and when the economic downturn hits Morocco, will hemlines come down again?  We’ll see.

–Margot

Explore posts in the same categories: Africa, Hemline Indicator, Investing in Morocco, Investment Banking, Investment in Morocco, Investments, Moroccan Business, Moroccan Hemlines, Morocco, Moving to Morocco, Real Estate, Real Estate in Morocco, Uncategorized