House prices still 50% over-valued...
#1
House prices still 50% over-valued...
...according to the Economist
http://www.economist.com/node/165428...ry_id=16542826
UK's better, just 34% overpriced. The report's based on comparing the current ratio of house prices to rents with its long-term average
http://www.economist.com/node/165428...ry_id=16542826
UK's better, just 34% overpriced. The report's based on comparing the current ratio of house prices to rents with its long-term average
#2
Re: House prices still 50% over-valued...
...according to the Economist
http://www.economist.com/node/165428...ry_id=16542826
UK's better, just 34% overpriced. The report's based on comparing the current ratio of house prices to rents with its long-term average
http://www.economist.com/node/165428...ry_id=16542826
UK's better, just 34% overpriced. The report's based on comparing the current ratio of house prices to rents with its long-term average
Buy to lets have been a bad investment on the Costas for a long time , a scabby terraced house in Lancashire is a better investment but most investors buy with their heart.
#4
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Joined: Aug 2009
Location: Costa Blanca
Posts: 3,143
Re: House prices still 50% over-valued...
#5
Re: House prices still 50% over-valued...
Only if its for the buyer to live in but not if its for a buy to let , the annual return of a 300k costa apartment is very poor compared to certain UK houses.
Gibraltar also appear very good for buy to let but Ive not looked into it properly yet.
Gibraltar also appear very good for buy to let but Ive not looked into it properly yet.