DSR Asset Management Overseas Property Investments

3Sep/090

DSR Essay – Houses are still a safe bet – if the time and place is right" href="http://www.dsrassetmanagement.co.uk/dsr-essay-%e2%80%93-houses-are-still-a-safe-bet-%e2%80%93-if-the-time-and-place-is-right/" rel="bookmark">DSR Essay – Houses are still a safe bet – if the time and place is right

It was not until July 1997 that median house prices in the UK broke the 60K bar­rier, hav­ing lan­guished for sev­eral years in the 50K’s. Prices were 50% higher 4 years later, and over 100% higher 2 years after that. Finally when the bub­ble peaked in mid 2007, prices had jumped by over 200% — to £184,000. Since then we have dropped back to a low of £150,000 early this year, with some improve­ment seen lately.

Safe as Houses’ was a say­ing before this last hous­ing bub­ble peaked and burst. Now peo­ple have been shocked into ques­tion­ing this old par­a­digm. How­ever, just as a few decent sum­mers should not be taken as con­fir­ma­tion of Global Warm­ing, so a few bad months or years for estate agents should not be extrap­o­lated into a sit­u­a­tion where nice homes become unde­sir­able per se.

For sure prop­er­ties in run down or over­priced city cen­tres may lose some, or as in the case of Detroit USA – all of their value. But peo­ple will always want to live, work and vaca­tion in com­mer­cially thriv­ing or nice places.

With­out a doubt as glob­al­i­sa­tion – what­ever that is – pro­ceeds apace cit­i­zens increas­ingly look beyond national bound­aries to the future. The inter­net and inter­na­tional jet travel bring far flung lands into view. In a sym­bi­otic rela­tion­ship these beau­ti­ful but rel­a­tively unde­vel­oped nations look to over­seas wealth com­ing in as a domes­tic eco­nomic dri­ver and respond favourably.

Just as in the sec­ond half of the last cen­tury charm­ing vil­lage homes were bought, ren­o­vated and restored back to life, engen­der­ing huge value add, so we will see in the present cen­tury an imper­a­tive to find prime real estate on every shore where intrin­sic value will even­tu­ally bleed through into price.

DSR Asset Man­age­ment Ltd have already iden­ti­fied the nascent echo boom in over­seas prop­erty, and are in prime posi­tion to help investors take advan­tage with a select port­fo­lio of prop­er­ties in the best regions around the globe for growth, income and qual­ity of life.

For more infor­ma­tion about Invest­ment Prop­erty or Aus­tralia Property

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