Wednesday, July 22, 2009

Spin and more spin. Last chance to burn some cash…

Property investors are back in profit as buy-to-let booms

Cash on deposit is earning next to nothing and the stock market is becalmed, with many companies unable to afford to pay dividends. So where do you go if you want a reliable income? Believe it or not, the answer for some people is property. Yes, house prices are still falling and taxpayers continue to pick up the pieces of some of the big lenders that destroyed themselves in pursuit of property-related profits. And yes, thousands of amateur buy-to-let landlords and distressed homeowners face repossession and bankruptcy. But many of those currently eyeing property investments are cautious investors. They don't aim to make quick money from rising property prices, but just want a steady income - and they believe current investment opportunities are outstanding.

Posted by hotfoot @ 11:55 AM (600 views)
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