Property investors seem oblivious to the perilous situation they now find themselves. Median priced houses attracting median priced rents are showing the worst returns after all outgoings that I can ever remember .... all this whilst interest rates are at record lows? The addiction to cheap money has seen the fundamentals of sound property investment thrown out the window. It will end very badly for those highly leveraged.
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- The Property bears make me laugh all the way to the bank.
The Property bears make me laugh all the way to the bank., page-36
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