Don’t rush into fashionable property markets

The British love to buy second homes ¬– 230,000 Brits own one abroad. But with property in the UK, the US and across much of western Europe looking frighteningly overpriced, they’ve started to look further afield for good deals.

The British love to buy second homes 230,000 Brits own one abroad. But with property in the UK, the US and across much of western Europe looking frighteningly overpriced, they've started to look further afield for good deals. But is that such a good idea? Here, we look at three property markets that are not the bargains they look.

Dubai

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Emma Thelwell

Emma is a former digital journalist with more than 15 years of experience in national news in the UK and overseas. She was an assistant editor at MoneyWeek, covering property, funds, alternative investments and the share tips pages, then Emma moved on to The Daily Telegraph, first as a personal finance reporter and then as a business reporter. 

Emma also worked as a finance correspondent for Ninemsn (Australia’s Channel 9 online) in Sydney, Australia for just over a year, and since then Emma has worked at Channel 4 News as a reporter and producer, and she spent more than 4 years at BBC online. At present Emma is a senior manager for content and thought leadership at PwC.