MoneyWeek map: Where property is cheapest
House prices in Britain remain overpriced by more than 20%. But where in the world could you find the best property deals? And where are prices going through the roof?
Houses across the globe are crawling back towards fair value, says The Economist, but there's still some way to go. The magazine looked at how house prices compare to rents and incomes in various countries.
Judging by long-term averages, prices look more reasonable in some former bubble countries, including America and Ireland. The most bubbly markets are Hong Kong, Singapore and Belgium, while property in Britain remains overpriced by more than 20%.
*The second figure in each case shows the change in house prices since the fourth quarter of 2010.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
FTSE 100 hits record highs – why is it rising and will we see more gains?
Advice UK equities have been described as unloved for a long time but as the FTSE 100 hits new highs, we explain if now is the time to buy British.
By Marc Shoffman Published
-
How to invest in copper
It may be time to invest in copper as the red metal appears poised for a big jump. Dominic Frisby looks at what should investors should buy
By Dominic Frisby Published