 Property |
| Search News |
|
|
| Find an IFA |
|
|
| Browse |
|
| UK Spotlight |
It has been announced that the central bank of Australia has cut base rates in the country by one full percentage point overnight to try and avert a banking crisis in Australia. While this move...
→
Read More
|
|
| Disclaimer |
| Financialadvice.co.uk adheres to the Financial
Services and Markets Act 2000. This site contains only factual and
readily available public information. |
|
|
| |
|
|
|
|
Sunday 22nd June 2008
Like a knight on his charger the infamous Donald Trump is riding to the rescue of the UK government suggesting that UK property will not suffer the same fate as US property where prices have collapsed over the last 12 months. Trump, who is in the process of finalising a £1 billion golfing development in Scotland, believes that the UK property market has not been over developed during the last decade, leaving a healthy gap between natural demand and natural supply (the UK has always had a system where the balance is always in favour of demand).
While some may laugh off the comments of Trump, it may be useful to remember that he has seen a number of serious economic downturns in the US, been on the verge of bankruptcy and bounced back to be more successful than ever before. While some are surprised that he is being so vocal about the UK, he does have something of a vested interest in his golfing development (assuming it is given the green light).
Very often we seem to listen to MPs and so called experts who have not experienced events such as Donald Trump, and ignore those who have been there and seen it all. A cool head and good judgement is vital in these situations and Donald Trump seems to tick all of the boxes. |
→ Full Property News Archive
→ Return to Homepage |
|
|
|
| Other top stories in this section:
|
|
|
|
