In reply to your quote
Nottingham was once a low-cost city, but a huge expansion in the student population over the past 15 years, including the creation of Nottingham Trent University, has led to the city being touted to investors as a buy-to-let hotspot. At a property investment show in 2005, Nottingham was being sold alongside Brazil and Bulgaria as a hugely profitable destination.
It is consumer demand that drives any property market and it seems the student population of a city or town do have an impact on the buy to let market, but as for comparing Nothingham to Brazil or Bulgaria, I think is really interesting. In my opinion the UK market is dry and boring, yes your may feel safer and can actually go and check up on your property easier and yes the right type of property will generate rental income But come onoverseas property in emerging markets is a lot more exciting especially in terms of capital growth, some Brazil property in the northeast of Brazil near Natal have increased in value but 100% in less than 3 years and the trend shows no sign opf slowing down. same as Bulgaria in the capital Sofia some properties have increased in value by 100% in the last year. Crazy values and earning potential. And of course these destinations are a lot more exotic and exciting for your own personal enjoyment.
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Reena Malra
Reena Malra BMV Properties
If educational policies insist that almost the entire population goes to university, someone has to house them. The cheapest and sometimes only option is to share a rented house.
These sound like the sort of people who would complain about council or housing association properties near their home. Supporting them as community activists would give the Guardian pause, hencethe shift of target from “students”- with whom Guardian readers would probably have soem sympathy – to buy to rent landlords – a suitable hate target for the more knee-jerky readers.
What are you reading Money for anyway? It’s barely two steps above Family and even lower than Sport in the supplement readability scale.
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