Volatility abroad drives an interest in English property. But domestic demand for housing is just as strong – and long-term – a factor for investors.
Seven years after the global financial crisis and the recession that followed, the times could not be more challenging for investors. There is much uncertainty and fear in global markets.
We don’t have to look far to see major economic problems in Europe with the situations in Greece, Ukraine & Russia all well documented. The opportunist has always looked to the BRIC economies for reliable growth. Today, however, we see that despite a new government, Brazil is still struggling with no signs of improvement and Russia is having to deal with UN sanctions & falling investment. Whilst India has had a bad time, it is showing signs of growth but the once reliable Chinese markets are in a state of disarray. A bear market and a devalued Yuan do not bode well. Even in the U.S. where markets have shown steady growth toward record highs, there is cause for major concern due to a combination of China’s slide and historically low global oil prices. Both Warren Buffett and Gerald Celente (Trends Research Institute) are forecasting a crash or major correction in the US Market before the end of 2015. Only time will tell if they are correct but their records are pretty good!