PURE+ The International Property Forum
PURE+ is designed as an information sharing platform for customers of PURE, and all those interested in international property investment.
This will be an opportunity to learn more about the industry, download podcasts and webcasts and to take part in our blogs concerning areas of interest in the investment world.
This will be an opportunity to learn more about the industry, download podcasts and webcasts and to take part in our blogs concerning areas of interest in the investment world.
Rise of the BARBies
20.04.2007
How will the rise of BARBies (Buy Abroad Rent in Britain) affect the UK and Overseas property market?
Sean Collins, PURE International:
Consistently high property prices are driving potential UK first time buyers out of the domestic property market with 40% of young people considering buying abroad instead of at home while continuing to rent in the UK. The overseas property market has the attraction of affordable properties, holiday home appeal and good rental potential which has seen an increasing number of young people opting to rent in the UK and invest their money in property abroad. How will this affect the UK and Overseas markets in the long term?
Sean Collins, PURE International:
Consistently high property prices are driving potential UK first time buyers out of the domestic property market with 40% of young people considering buying abroad instead of at home while continuing to rent in the UK. The overseas property market has the attraction of affordable properties, holiday home appeal and good rental potential which has seen an increasing number of young people opting to rent in the UK and invest their money in property abroad. How will this affect the UK and Overseas markets in the long term?