10.10.2008 - Frightened investors ‘pile into property’
From Times Online: Investors who have lost faith in the banking system are turning to property as a safe haven for their cash.Estate agents have identified a growth in interest from cash buyers, who want something tangible for their money rather than depositing it with banks they no longer trust. The trend is emerging in all corners of the property market, according to one nationwide agent, from high-end mews houses in Knightsbridge to dilapidated two-up two-downs in the East Midlands..... Full Article: Source
Print