Tuesday, Oct 10, 2006

Too skint for Boreham Wood? Try Beijing

Daily Telegraph: Britain 'Can't Compete'

Buy to let isn't an investment it's an addiction, or perhaps just a disturbing example of crowd psychology. If you can't afford to pay 1700 psf in West London try buying in an exotic location where you don't know the laws, understand the culture or even speak the same language as your tenants. All I can say as someone who lives in Malaysia and knows something of the market here is more fool you if you jump in without knowing intimately every aspect of the market you're buying into. I think 'piffle' is the kindest word I have for Knight Frank.

Posted by freewheelin franklin @ 01:27 PM (476 views)
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1. Cstanhope707 said...

Go for it guys increase the inflation in China and India then the UK will have to start raising IR's very dramatically since we have kept it too low for too long.

Wednesday, October 11, 2006 01:08PM Report Comment
 

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