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Long Term Property Investment Abroad, I'm Confused.

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A little while ago i read an article on Dubai, and how they were going to make it a major international holiday resort to provide income when the oil ran low.

This made me think though - when UAE runs low on oil, oil per se will be getting less plentiful, and therefore more expensive.

Therefore how are people going to get cheaply to Dubai to take their holiday or visit their holiday home? I suppose the argument applies to all long (or medium) haul destinations?

Holiday homes in Dubai are there to generate income when oil runs low, but when oil runs low getting there will be much more, maybe prohibitively expensive.

Am i missing something, or is long term property investment abroad purely about short term gain and a world size bubble is in the process of being created?

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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