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Thread: Overseas Property Investment

  1. #1
    Join Date
    Apr 2008
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    69

    Default Overseas Property Investment



    Now that global market into correction. Anyone have any idea, is it good time to buy property in England, Australia and Japan ?



  2. #2
    Join Date
    Jan 2007
    Posts
    4

    Default

    Well at this time, if you are a short term investor how do you see the market in the next 3 months. If it is down, which looks more likely. It may be more prudent to wait.

    Generally, property prices laggs behind the stock market and a sustained or consistent movement upwards in the stock market would indicate a less risky purchase in the property sector.

    However, Australia may be an area to look at as the weakened A$ offers a somewhat 20-30% discount off the purchase price.

    Even with all that being said, the property market looks soft. My guess - don't be in too much of a hurry - look out for the tell tale signs of a more positive economy.

  3. #3
    Join Date
    Feb 2008
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    393

    Default

    Cannot agree more to Passionate.

    The market is gloomy, the laggs time from what I understand is as long as 6 months.

    I think better to stay clear off property for the time being as property is not liquid.

    Whereas I think best time to look into buying some shares.

  4. #4
    Join Date
    Apr 2008
    Posts
    69

    Default

    Quote Originally Posted by Passionate View Post
    Well at this time, if you are a short term investor how do you see the market in the next 3 months. If it is down, which looks more likely. It may be more prudent to wait.

    Generally, property prices laggs behind the stock market and a sustained or consistent movement upwards in the stock market would indicate a less risky purchase in the property sector.

    However, Australia may be an area to look at as the weakened A$ offers a somewhat 20-30% discount off the purchase price.

    Even with all that being said, the property market looks soft. My guess - don't be in too much of a hurry - look out for the tell tale signs of a more positive economy.


    Checking the Australia Market now, have a friend staying there who is keeping a lookout for me, he thinks better wait for next year.

    The exchange rate is certainly a factor to consider, thanks for highlighting that Passionate.


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