Of course, if we rely solely on the British natives, the aforementioned situation of short supply may not happen. The harsh land use conditions are enough to meet the housing needs of the locals.
But in fact. The United Kingdom now maintains an average of 230,000 new housing units per year. It is not only for the indigenous peoples, but the long-term wealthy and stable United Kingdom is attracting tens of thousands of immigrants from all over the world to find opportunities. These houses are For new immigrants and new long-term residents here.
The population of the United Kingdom has risen from more than 50 million to more than 60 million in the past ten years. Coupled with the relationship with the European Union, residents of member states can go to other member states to work and live at will. As one of the member states, the United Kingdom is relatively economical. Stability. In recent years, more EU immigrants from economically difficult European countries have flocked to find jobs. These have increased the UK’s demand for housing.
Of course, this situation may slow down with the Brexit incident, but as I said before, this will not hinder the continued rise of the London housing market.
Because large investors will use their massive amounts of funds to support the real estate market in London and the entire UK.
The demand of investors is much greater than that of new immigrants, because investors have money in their hands and use leverage!
And the use of leverage in the UK real estate market may be the least risky place in the world.
How to use small control to increase the return of investment, there is a very important condition-the return of the investment project is higher than the cost of borrowing, otherwise the use of borrowing to invest is just a loss of work for the bank.
One of the attractions of investing in British real estate is that the return on real estate investment is higher than the bank interest rate, especially in recent years, the interest rate has been particularly low, which is very helpful for investors to expand the return on real estate investment in the UK.
During the financial tsunami, the Bank of England reduced its interest rate from the historical high of 5.75% to a historical low of 0.5% and maintained it at this level for 7 years. The reduction in interest rates also reduced the cost of borrowing from banks to buy properties.
At present, the cost of borrowing money to buy a property in the UK is generally around 4%, but properties with a return rate of more than 6% can be found at any time.
In other words, the landlord can enjoy an interest margin of more than 2% by borrowing money from the bank to invest in a property to collect rent.
Some people may be worried that if interest rates rise sharply in the future and the cost of borrowing rises to eliminate this interest rate differential, even higher than the return of the property, then the property will not become a heavy burden.
However, given the current financial situation of ZF in the UK, there is no need to worry too much about this situation.
In the financial tsunami, in addition to the Bank of England's sharp interest rate cut to rescue the market, the British ZF also borrowed substantially to inject funds into the market at the same time, saving several major banks that were facing failures, and greatly increasing the debt of the British ZF, accounting for 80% of GDP. the above.
If the Bank of England starts to raise interest rates at this time, the borrowing cost of UK ZF will rise and there will be a serious financial deficit. This is a situation that ZF is extremely unwilling to see.
Therefore, the UK ZF is working hard to control spending and hope to reduce debt. Only in this way can the UK be able to withstand the deficit caused by interest rate hikes.
However, spending cuts cannot be done overnight. It requires long-term efforts. Before that, any increase in interest rates will postpone this time.
Therefore, in the short to medium term, the UK will maintain a low interest rate environment. Even if interest rates rise, it will be very mild, so that real estate investment can continue to charge interest rates.
Smart people around the world don’t know where they are, and fools know that now is a good time to invest in the UK, let alone private investors, the Hong Kong Monetary Authority has been unable to bear it.
In the past few years, the Monetary Authority mobilized US$500 million from the Exchange Fund to invest in London’s real estate market, and joined forces with the British Land Snake to jointly develop and hold the London West Hanover Square project with a joint venture company each holding 50% of the shares. Located at Bond Street Station, which will cross the railway in the future, three high-level new buildings will be built in the future.
With the Hong Kong Monetary Authority taking the lead, private capital will naturally follow behind and scream. Just near Hanover Square, a rich Hong Kong man bought three commercial properties on Oxford Street in London for 2 billion. A few years have passed, whether it is the Monetary Authority or the private sector. The rich have earned a lot, and they can withdraw away calmly, and they can still hold on to their ambitions.
With so many jewels ahead, Yang Cheng has no reason to let go of this good financial management project.
Every year, a large number of students go to the UK. Therefore, the local property rental situation in the UK is very satisfactory. The return on residential properties is generally above 5%, which is good.
If inflation is factored out, the actual prices of many residential houses in England and Wales are even lower than 10 years ago!
Since the 2008 financial crisis, the real housing price increase has been mainly confined to London and other areas in the east and south of the UK. Of course, compared with the housing prices in country Z, London has no eye to see, that is cabbage!
When the house is bought, it can be rented out after resale. The time is right, or when the money is in a hurry, it is easy to sell it.
With huge capital, you will be able to take your order easily, so there is no need to worry about the house being sold out!
So Yang Cheng completely figured it out, so he clung to the London housing market, and bought a house if he didn't look at the stock market or precious metals!
He is planning to spend 200-300 million pounds to acquire properties in the core area, as well as school district apartments. These are places that will never worry about selling. For ordinary people, the houses here are sky-high prices, but for Yang Cheng , Smashing hundreds of millions of pounds, how can it set off a big wave!
After a wave of economics classes, Yang Cheng waited for Jeff, the boss of C~I~A in the UK, who was a Texas red neck with the breath of an ancient British gentleman.
This is a bit contradictory at first, but it is not. The gentleman's breath is his disguise, and the red neck is his inner gene.
When you are in the UK, you naturally have to pretend to be an Englishman. Although in his position, the intelligence agencies of various countries in the world may know in their hearts that their identity has long been exposed, but sometimes the drama has to be performed. It is a matter of face.
Yang Tianbao's sentence is worth 80 million, so he has to act in person to get it, right? Even if it acts like a dead person.
But there is one thing to say, the stage of playing the little three in the building is absolutely wonderful, which is a bit of a true character.
Pulling away, back to the red neck of a suit.
When they first met and shook hands, Yang Cheng felt that it was a pity that this guy didn't go to shoot the death squad with Stallone. With that burst of muscles, protein powder was definitely a drink by the catty, and one or two less could not achieve this effect.
Of course, Zhuang is useless, and Yang Cheng is not going to challenge him one-on-one.
"Sit down, Jeff, what to drink?" Yang Cheng called to the other party to sit down.
Jeff behaved very casually, it didn't seem to be a surrender.
"Let’s have a cup of black tea. After so many years in the UK, the only thing I like in this country is black tea~"
"Don't you like football?" Yang Cheng just said smoothly.
Who would have thought that Jeff thought about it very seriously for a few seconds, and despised, "I don't like the sport of mother-in-law, or American football is suitable for me~"
Yang Cheng almost choked to death with her own saliva. Damn, this guy is still a sports fan?
As expected to be the boss of the agent, he has personality!
"Okay, let's talk about something nutritious. Your subordinates are drinking coffee in the basement. Would you like to go down and see him?" Yang Cheng asked actively. He wanted to tell the other party that your subordinates are alive.
Jeff waved his hand casually, "No, let him drink slowly~"
Yang Cheng smiled, "Let's talk about it, now we are face to face, please let me know if you have any conditions~"
"Mr. Yang, in fact, we paid attention from the first day you arrived in the UK, but at that time, we didn't investigate in depth, just made some file records according to the usual practice.
But I did not expect you to have a close relationship with Prince William so quickly, and even further intervened in the British Zheng Bureau, which made us have to spend time and energy to keep track of your affairs. "
Yang Cheng tightened his eyebrows. He knew where his problem was. He was ambushing pawns in the British zheng arena, and competing with the king and the national team for overseas projects is actually a nature, a bit of a touch.
Of course, the difference lies in the fact that Da Lao Wang was quickly beaten back, and Yang Cheng benefited from the solid foundation laid in the United States over the past two years, which made C~I~A afraid to investigate himself blatantly. I never noticed that I almost fell into the abyss.
After figuring out the problem, Yang Cheng's back was wet, wet with cold sweat.
Again, people must learn to be fearful in this world, otherwise they are really not far from death.
Yang Cheng also knew that he was afraid, which proved that he hadn't drifted to the point of hopelessly.
Subconsciously wanted to reach out and take out a cigarette, but it was empty. Old Carson understood Yang Cheng. When he saw his movements, he immediately took out half a box of good-color cigarettes from his pocket, and took out one, like Doraemon. Pass it to Yang Cheng.
Yang Cheng thanked her eyes, the probe was lit by the fire, and after taking a few sips, she calmed down slowly and asked, "Then? Why did you suddenly kill Recosta? A warning to me?"
Jeff moved his fingers unconsciously. Yang Cheng was obviously aroused by the addiction to cigarettes. He gestured in embarrassment, "Can you give me one?"
Yang Cheng froze and motioned to Carson to give him one.
The two of them swallowed up the clouds, and Jeff said lightly, "There are some people in the country who feel that you have been out of control recently, and I hope to teach you a lesson."
Yang Cheng couldn't help but frowned, uncontrollable? Who would use such words for himself?
Could it?
Before he could speak, Jeff just looked at his expression and affirmed what he was thinking, "Yes, it's the answer you think. I'll give you a suggestion. Didn't you pick up Princess Moza in Ritz London? Is it a big deal?
Send it out~"
Yang Cheng burst into a cold sweat again, fuck, C~I~A is really pervasive, Princess Mozha's room, they can all hear the news, it's a bit scary.
To know that with the status of Princess Mozha, she will definitely accept the highest level of protection from the Qatar jun side and the intelligence department when she travels, so she was still infiltrated by people from C~I~A. Hearing the dialogue, she was extremely scared to think carefully!
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