With the property market in a state of flux, it is difficult to know whether there is any profit in domestic property acquisition or commercial real estate. The commercial and domestic property markets seem to move as one, with no real distinction. The buy-to-let market in the UK is a dead duck at the moment, and from what I can tell, the ‘buy-to-renovate’ enthusiasts are having a really hard time producing a profit for all their efforts.
I am convinced however, that property remains a good investment for the long-term, short-term is a very different matter.
Sunday 22 June 2008
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