Property Hotspots 2012

LoadingFavourite

This topic contains 5 replies, has 5 voices, and was last updated by Profile photo of peterhun peterhun 4 years, 11 months ago.

  • Author
    Posts
  • #56469
    Profile photo of angie
    angie
    Spectator

    From today’s Yahoo page is an article regarding best and worst value countries to invest in for price compared to both rent and income.

    For example:

    Spain is overvalued 32% against rents and 30% against income
    Britain is overvalued 28% against rents and 20% against income

    Japan is best undervalue for both with a figure of -36% against rent and income
    USA undervalued -8% against rent and -22% against income

    So if these figures are fairly accurate, it looks like another hard year for Spanish property.

    Now off to Japan for my 1st inspection flight 😆

  • #107330
    Profile photo of Chopera
    Chopera
    Participant

    The USA is beginning to look attractive both in terms of property and the economy in general. It’s a pity I know bugger all about how to invest in property over there!

  • #107332
    Profile photo of Anonymous
    Anonymous
    Participant

    I suspect that extracting any sort of data out of Spain and making a meaningful comparison with other countries is useless.

    The figures banded around seem to indicate that Spanish property has fallen 20~30% since peak. In reality this figure is much higher. Properties that sell (which are few and far between) are going upwards of 50% from peak.

    All the Spanish stats are based from advertised prices and we all know that most are pure fiction with regards to reality in the wider world.

  • #107334
    Profile photo of angie
    angie
    Spectator

    The Link to the stats:

    http://uk.finance.yahoo.com/news/property-hotspots-in-2012.html

    You need to scroll right down to find these overseas stats 😉

  • #107336
    Profile photo of Anonymous
    Anonymous
    Participant

    @jp1 wrote:

    I suspect that extracting any sort of data out of Spain and making a meaningful comparison with other countries is useless.

    The figures banded around seem to indicate that Spanish property has fallen 20~30% since peak. In reality this figure is much higher. Properties that sell (which are few and far between) are going upwards of 50% from peak.

    All the Spanish stats are based from advertised prices and we all know that most are pure fiction with regards to reality in the wider world.

    Hear ye hear ye.

    This doesn’t take into account high unemployment though.

  • #107339
    Profile photo of peterhun
    peterhun
    Participant

    Look how cheap Germany is.

You must be logged in to reply to this topic.