Reply To: Spanish property market 2007/2008 report discussion

#79040
Anonymous
Participant
Just Frank wrote:
My property in the U.K will probably fall in value this year in fact I am 100% sure it will but by how much is just guessing 😉 .

Frank, you are not a BTL investor. If you were a BTL investor who bought in 2007, a 10% reduction in your UK property would not let you sleep at night.

Considering that you have a huge aount of equity in your UK house (as you told us), a 10% reduction is just a piece of cake.

This is the difference between an investor and somebody who has good equity in their houses/apartments.