Friday, December 7, 2007
To what extent does history repeat itself?
May 2002: "People who have bought properties in the UK specifically to make money from renting them out - known as buy-to-let investors - have been urged to take a more cautious approach. Income from rental properties has fallen for the fifth quarter in a row, the Royal Institution of Chartered Surveyors (RICS) has said. There is a waiting list of landlords. Normally there is a waiting list of tenants Rental yields in the central London market have been under pressure for several months because a slump in corporate lettings has led to too many properties on the market."