Investing properties overseas ? Sick of price doubling in 7 years if it acutally happens. Too slow.

Discussion in 'Where to Buy' started by Kangaroo, 4th Nov, 2015.

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  1. geoffw

    geoffw Moderator Staff Member

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    Which raises another issue.

    Investing overseas has currency exchange issues associated with it- you're investing in currency as well as property. This can go two ways.

    When we were in England they revalued the pound by some reasonable amount. Then later the same day this was not only reversed- they revalued it in the opposite direction.
     
    geoffw, 9th Nov, 2015
    #21
  2. melbournian

    melbournian Well-Known Member

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    Very true both currency and property have appreciated. As they're not mortgaged the dilemma is to free up cash reserves to fund other devs in Aus but also the negatives would be lost Future capital growth issues
     
    melbournian, 9th Nov, 2015
    #22
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