Old investing habits die hard

The Brits don’t give up on their passions easily. A survey just out from Fidelity asked “property or portfolio”? UK adults “overwhelmingly chose to invest in buy-to-let property” over the UK stockmarket – even though equities have hugely outperformed the property market over the last few years.

The poll also comes against a pretty dodgy background for buy-to-let investing (buy-to-let tax-relief cuts are kicking in) and for house prices in general. Rents in London are falling. They are, says HomeLet, 1.2% lower than they were in April last year. Across the southeast they are [...]