"Anita Palley" wrote in message
oups.com...
On 8 Nov, 15:24, Man at B&Q wrote:

House prices aren't the only issue here though. You also have to
consider the rental returns (which are suffereing) and whether your
money would be better somewhere else.

Fair point, although even small capital growth can more than make up
for mediocre rental returns. Also I'd steer well clear of city centre
2 bed "luxury apartments". These are notoriously overpriced, you're
competing with every other landlord in the block to get them let, and
they've been falling in value while the rest of the market has boomed.

Liverpool and Manchester promoted lots of new city centre blocks to get
middle class, high expendable income people in the centres. It worked.
There is a glut at the mo' with these. When the city centre industries
catch up and demand increases, the market for these will increase. Many
companies rent these out rather than stick people in hotels. Also, many of
these apartments will be sold off for owner/occupation.