Property investing - don't believe the hype

Remember when every property magazine was full of adverts promoting the incredible investment opportunities of Dubai property?

I think, like me, most property investors could see that it was an opportunity built on sand.

This perception has been confirmed with the 47% falls in property prices that have been seen over the past 12 months and a report from Jones Lang LaSalle indicating that this situation will continue to worsen because of 'oversupply'.

And the lesson is - 'Don't believe the hype!'

And this lesson is just as relevant to UK property investing, I had an email from one of those awful property gurus this morning "how do I exploit these rock bottom house prices"

Rock bottom prices? I don't think so - Don't believe the hype!

Read the mass of property price articles to make your own mind up.

But remember - Don't believe the hype!
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