drbubb Posted December 6, 2010 Author Report Share Posted December 6, 2010 There are a lot of people retiring at the moment (demographic bulge), and most will be aware of the banking/soveriegn debt crisis unfolding. Many will look at property investment as a way of "inflation proofing" their capital, while deriving a better yeild than is available through saving accounts or annuities. Also because of the building restrictions in the UK, there may well not be an oversupply of housing despite the bubble. That rents are proving "sticky" would support this. Banks own estate agency/lettings agency chains and could simply rent out reposessed homes rather than become glutted with decaying houses as in America/Spain. Makes some sense, But why then, are prices sliding, and days-to-sell picking up? (see charts, above) Given the Bearish evidence, the Burden of proof is now on the Bulls to find something that supports their case. Link to comment Share on other sites More sharing options...
This topic is now archived and is closed to further replies.