Wednesday, October 14, 2009
UK - investor confidence returns for overseas property
There's a touch of Mandy Rice-Davies' "well he would say that wouldn't he" about this but it's worth repeating.
Nick Clark, managing director of the Property Investor Show has commissioned some research which shows that investors think that confidence has risen by 43% over the past three months. He says:
"There has been a strong shift in the market, with savvy UK investors beginning to explore overseas opportunities as they search for sound investments with better returns than the other poor performing investment vehicles such as bank savings and the stock market".
Strangely he failed to mention either John Profumo or Christine Keeler.