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House prices still 50% over-valued...

House prices still 50% over-valued...

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Old Jul 26th 2010, 4:45 pm
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Default 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
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Old Jul 27th 2010, 9:18 am
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Default Re: House prices still 50% over-valued...

Originally Posted by steviedeluxe
...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

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.
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Old Jul 27th 2010, 10:26 am
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Default Re: House prices still 50% over-valued...

A house is worth what somebody is willing to pay
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Old Jul 27th 2010, 10:49 am
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Default Re: House prices still 50% over-valued...

Mark Stucklin does not agree:

http://www.spanishpropertyinsight.co...ou-believe-it/
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Old Jul 27th 2010, 12:11 pm
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Default Re: House prices still 50% over-valued...

Originally Posted by cymruambyth
A house is worth what somebody is willing to pay
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.
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