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24-Nov-2008
Rental Market Booms in Brazil’s North East
The north east region of Brazil is not only seeing a remarkable boom in new housing, but it is also experiencing a large increase in the home rental market, according to an article printed in one of the region’s leading newspapers.
The number of British property buyers willing to purchase abroad could be set to double
Thursday, 09th October 2008
According to research carried out by Cater Allen Private Bank, the domestic credit squeeze has caused more potential investors to look further afield, and three million Brits now say they are likely to buy a foreign property in the next two years. Steve Dawkins, managing director of Real Estate TV, said that people were becoming ‘disillusioned’ with the UK property market.
He said: “Overseas bargains become more appealing at times like this and people are beginning to realise that there is investment potential out there, it just may not currently be on their doorstep.” The Cater Allen study revealed that 2.3 million British people already own an overseas property, with Londoners the most likely to buy abroad.
Source: yourmortgage.co.uk
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