It was not so long ago when you could walk down any UK street and be hard-pushed to find a single "to let" sign.
To Let signs are much more common than a decade ago
These days, there are forests of them in some areas - well outnumbering homes for sale.
Behind the signs are a new breed of landlord, people who have lost faith in pensions and other investments to deliver, and are putting their faith in property.
People like Patrick Macvean, who has just bought his third property - a small Victorian terraced house in Chatham, Kent.
more ...
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Check out the rest of this blog here.
I started this blog in June 2007 asking these questions: Are we in a massive asset bubble that will blow up in our faces ??? - ANSWERED YES ! Is western and particularly British society on the verge of social collapse??? What are the best common sense long term investment strategies to keep you rich? When will consumption/debt bubble economics end and a real savings/production economy begin ???
Thursday, 21 June 2007
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