Reply To: Spain, Ireland and threats to the property boom

#70174
Anonymous
Participant

Interesting posts/articles.
Going on the old theme of supply and demand – am I right in thinking that the main differences between the future property markets Spain vs. UK is that Spain is wallowing in a massive over-supply at the moment, whereas the UK, according to one report, needs at least 250,000 new houses a year just to keep abreast of demand (about 30% of which is fuelled by imigrant population).
On that basis, prices of UK stock are kept high in the foreseeable future despite all other economic factors?
Would be interested to know what you experts think.
Will shortly have some money to invest and don’t know where to put it!