Investment Analysis
Asian property markets, though still relatively unaffected by the credit crunch, will soon be affected by inflation and higher interest rates, warns the Global Property Guide, because of rising food, fuel and other commodity prices.
Rent control, seen by many economists as old-fashioned, has recently made a surprising comeback in one group of high-growth, dynamic economies – the Gulf.
The Caribbean, the playground of the rich and famous, has been getting more affordable. The depreciation of the US dollar against major currencies such as the British pound and the euro, has made Caribbean properties more attractive from a European point of view.
London, New York and Moscow are the world’s most expensive cities for residential apartment buyers.
Residential apartments or flats in Prime Central London are among the priciest in the world, at US$21,800 to US$36,200 (£10,960 - £18,214 or €16,305 - €27,095) per sq. m. Prime central London include Belgravia, Chelsea, Mayfair, Notting Hill, Knightsbridge, Regent's Park, South Kensington, St. John's Woods, and St. James.
- Gloomy days ahead for Asia's housing markets
- The pros and cons of rent control
- Buying a piece of the Caribbean
- Most expensive cities in 2008
- Global housing markets in review and some forecasts for 2008
- Buy to let investing in the Middle East
- Asia Pacific leads house price boom
- Global rental income tax comparison
- Housing transaction costs in the OECD
- Global housing boom shifts focus
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