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Old 16-08-2008, 10:49 AM
iced iced is offline
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Join Date: Jul 2008
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Quote:
Originally Posted by M.O.B View Post
I completely agree with you I actually sell property in the UK (more like trying to sell in the last 5 months) and this has been the worst market ive worked in for the last 5 years ive been working as real estate broker. Money is to be made abroad and I personally still think Dubai is a safe bet and like you said taking advantage of a forward contract may even benefit you more if the dollar continues to gain strength.
With all the uncertainty in the world probably the best thing is to do is hold on to your money and wait for prices to fall, see if you still have a job and make sure that you dont lose your existing home. Not a good time for investing overseas if you are in the UK.
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