كراتشي باكستانhttps://online-stock-exchange.com/stocks/LEV/r313777_/Pakistan.html

Most of the housing stock up there is very old... 

Should I just stock this money in a bank account for that specific property? 

I'm just starting out in real estate and I'm blessed to have about $160k sitting in dividend paying stock.

NPR says the major stock indexes are down about 3% today.I generally pump some extra money into my IRA account when stuff like this happens.

@Tim Johnson All the major banks are predicting that rates will be significantly lower over the coming year.

I've seen the stock market take a big hit so far this past week (08.01.19) and I'm a bit nervous if I should buy property now or wait after the outcomes of the Trade War?

Most of the housing stock dates from postwar through the 80's,  so lots of mid century type stuff with good bones and fairly modern systems but ready for its first major overhaul.   

Look online,  but what to look for is 8 x8 or 9 x 9 floor tiles (fine if undisturbed) some black floor adhesives, some of the white covering on heat pipes, vermiculite insulation, popcorn ceilings, some non-wood siding. most is fine if not disturbed.I live in the Northeast where most housing stock is old, you just deal with it.

The experts do a poor job of predicting recessions, but are for the most part not predicting a recession.