Tuesday, June 24, 2008
Generalities are dangerous
Just having read through the various posts, I think that one thing is clear. How any one landlord is doing it totally dependent on the particular type and location of property that that person owns. At one end of the scale is the frightening media hype over new build apartments in central Leeds quartering in value in a year and at the other is the well researched, sympathetically renovated terrace in an up and coming part of London near to a hugely improved school or tube or such like. Even if bought in the last couple of years, the right purchase will remain as such. I think this market is a good lesson in research, research, research - know your market and play for the long term.
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