Originally posted by courtg9000
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The Official UK house prices DOOM thread
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News piece on at lunchtime says the residential property market is booming with Rightmove having its busiest period ever (measured since lockdown eased and estate agents able to do more business), driven by people looking to move out of London and other cities for various reasons discovered during lockdown, and the likely change to more WFH so may as well work from somewhere with a decent garden.
It may be short lived and requires someone to be willing to buy in a now less desirable location at a higher price than the more desirable properties they'll be fighting over in the sticks, but it shows that no matter the predictions, reality is all that matters.
Maybe they'll find buyers abroad if the government attract 'key worker' immigrants from HK and other places with various visa/points system incentives. Alternatively, maybe the government will buy all those expensive city properties for the homeless and other social dependents. Seems the only prediction worth making is that things are going to change.Last edited by Hobosapien; 3 June 2020, 13:23.Maybe tomorrow, I'll want to settle down. Until tomorrow, I'll just keep moving on.Comment
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Originally posted by TheGreenBastard View PostDo you operate in any of the residential markets I mentioned above?
Commercially I have something in Greece on just on to advertising.
I have several things in Spain. from £14k - £1,000,000
I had discussions about a golf course in Portugal but no instruction or the relevant yet.
If you are after residential portfolios in these locations I might be able to help.Former IPSE member
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