It was Japan first, now it is USA second. 

Both these countries have set their rates to 0%.

So will the UK be third? If not third it will either be 4^th, 5^th or 6^th!

This is a massive turning point for our whole economy but more importantly for property investment.

All those of you who have masses of cash in the bank then this may not be such a great time.  For those of you who are massively in debt (like me!) then the next 2 years are going to be great.  For those of you in neither of these positions then consider investing in property as it could never look better.

It is time to go shopping for those low low mortgage rates and low low property purchase prices.

 

Posted on: 17th Dec 2008