Economics: Investors go international after UK property slowdown

Predictions of cooling UK housing markets are driving investors to look to international property op...

Predictions of cooling UK housing markets are driving investors to look to international property opportunities. Economists and analysts have recently warned of a cooling housing market due to increasing UK interest rates set against a global economic slowdown and concerns of a UK property market correction. Justin Modray, investment adviser at Bestinvest, says Germany, Australia and possibly Japan are currently thought to be good value. There is also a natural bias from investors toward the US property market because of the country’s strong Reit structure, he says. The UK property ...