looking for a villa

[Investy]

Warren Buffets other principle is my own:

"I get scared when everyone else is buying, I get interested when everyone else is scared"

That motto tells you all you need to know about my view on Dubai, the UK, USA, Spain and Bulgaria.
I had quite heated debates with fund managers in the last 2 years asking them why they are so exposed to US and UK property when clearly they ought to be getting into German, Moroccan, Slovenian.
Exactly as I thought, prices in the US and to a lesser extent the UK are now in great danger.

You NEVER buy when everyone else is.

[Rammah]

Originally Posted by Investy

Im on here because when we make investment decsions we must have ALL the info to hand.

Warren Buffet the worlds richest man has a basic principle - "keep open minded - hear everyones view"

Only a fool would want to hear halve the story!

Give us your half story about renting a flat for £27000 per year!
Did Warren Buffet invest in Morocco?
How about in Dubai?

So far, the only proven half of the Dubai story has been the positive one [extremely high returns on capital and rental yields]. Therefore, fools are those who wasted their time listening to half stories and didn't make the right decision of investing there.

Rammah

[Investy]

Rammah, it is surely inevitable that not every one of the tens of thousands of properties completing will find a tenant. Simple laws of supply and demand.

People kept telling me US and UK property can only ever be a winner and that there are never any losers - a one way bet, a guarantee to make simple money.

Thoughtful investors do not simply follow a herd and expect a guaranteed return.
I can find empty new properties in cities all over the UK, those investors are losing money every day. They did'nt do thier homework, they instead listened to salesmen that told them they could'nt loose, the party will never end!