Saturday, 4th July 2009
Britons are growingly eyeing the overseas real estate markets as an investment option, a new study carried out by Cater Allen Private Bank has claimed, according to a report in Save Borrow Spend.
The research said that more than three million people are planning to buy a home abroad, with 42% of these individuals looking to use the property as an investment opportunity.
Banks have never been shy of firing staff at the merest whiff of a downturn. First the fat, then the muscle and finally the bone. In the past, cuts have been so deep that firms have found it hard to benefit when the markets rebounded, paying over the odds to restaff at speed. Such wild oscillations in staffing numbers are known as “doing a Merrill”.
Donald Trump set a record when he sold a house for $95 million last year. It was, he proudly pointed out, the largest amount paid in the U.S. for a single-family home.
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