andyoz
pfm Member
Hmmm....so what's the best way to short everything....with security that you won't lose the lot through banks/trading platforms etc..?
andyoz...I'm afraid I take the view that UK property is massively overvalued - an asset bubble if ever there was one - due to years of govt 'interference'. Worse than Oz IMHO. So not convinced that it will escape a hiding. Though at least it's tangible and not in some online account somewhere that could just disappear...
Burying bullion in the garden appears increasingly attractive ..
Not in NI it isn't if you bought in 2011/12. Alot of NI property was bought by people from Ireland and some had fallen by 70% by 2012 as the banks pulled the rug from under them....it was a total fire sale. If you want an example of how property is sentiment driven, that is a textbook case.