“House prices in the UK had doubled within three years, sound familiar? This was 1989.”
“Twenty years on and again house prices more than doubled in three years, and again the bubble has burst, so what can we learn from the past? Firstly, that recessions don’t last for ever and the market will recover. Secondly, that France is probably the most stable country to buy property in, with none of the risks of so-called emerging markets nor the problems that have dogged the Spanish market for years such as properties with no planning permission being bulldozed by the authorities. Thirdly, prices are coming down and there is a good range of property for sale, so now is as good a time as any to buy.”
Dick Schrader, Founder, French Property News
Property in France insightinvest/france
