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Saturday, 6 February 2010
The £100,000 question
“Once bitten twice shy” encapsulates the current mood of many property investors. That is especially true of those who bought at the height of the boom only to discover that what they thought would be a launchpad was the edge of a precipice.
With bonuses back, better job security and low interest rates, however, the damage to pockets and egos is healing. Many investors are actively looking for nuggets of property gold and will be following Warren Buffett’s rule for buying: “Be fearful when others are greedy and be greedy when others are fearful”.
Here, 10 property industry insiders reveal how they would spend £100,000, if they had it. Where in the world and into what kind of property would they invest for the best likely return?
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