The British Are Comming!
September 9, 2009 by Perry Corneau · Leave a Comment
Consumer confidence is up in the UK. The rating is now at the highest levels seen in the past three years. Also the legislature there has pledged to limit public spending as their economy improves. The British are known for a much higher savings rate than Americans and are generally in a better position to purchase properties at times like these. I recently sold a golf course condo to a British couple who paid cash. They tell me that many of thier countryman will be making investments here as their economy rebounds.