Saturday, Jan 02, 2010
Falling £ unlikely to boost City Centre flat prices
Times: Country homes forecast to rise 10%
"Continued demand from foreign buyers will push up the price of country homes by as much as 10 per cent this year but the outlook for the property market as a whole is more mixed, according to leading estate agents". "Rob Bruce, head of research at Hamptons International, is among those tipping country homes to outstrip the market, partly because of interest from Middle Eastern and Asian buyers"
Posted by alan @ 09:11 AM (583 views) Add Comment
5 Comments
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1. paul said...
They could have used the phrase "tipped to rise 10%" or even "set to rise 10%".
It all means the same thing though - a hack's wishing on a star to fatten his portfolio.
2. will said...
So what if a handful of Asianand Middle Eastern investors choose ,buy in the UK? They hardly make a market, do they?
What about the millions of UK buyers on average wages?
Pitiful comment from Hamptons who won't survive on foreign buyers alone.
3. estrader said...
Brilliant...now it is the City Property VI's versus the Country property VI's, fighting each other for foreign investors and bugger the British people. It's clear that Estate agents are giving up on the British because they are all broke.
4. tyrellcorporation said...
Can't see many Arabs desperate to buy Crediton!
5. doomwatch said...
The dim hack wrote "peak prices of 1997". Mmm Freudian slip ?