I would not touch property with a fuckin barge pole at the moment
House sales are plummeting and they estimate almost 1 in 4 mortgages will be in negative equity within the next few months. Unemployment lines are going no where and defaulting on mortgages has reached such epic proportions that banks have stopped foreclosing simply because they no longer want the asset on their books.
I would rather consider living in the place they have given you, and use that cash you save in rent to start a business of some sort. Property is a great investment, just not for the next 4-5 years
House sales are plummeting and they estimate almost 1 in 4 mortgages will be in negative equity within the next few months. Unemployment lines are going no where and defaulting on mortgages has reached such epic proportions that banks have stopped foreclosing simply because they no longer want the asset on their books.
I would rather consider living in the place they have given you, and use that cash you save in rent to start a business of some sort. Property is a great investment, just not for the next 4-5 years