NOVEMBER 2008 NEWSLETTER

Well, the past months have reinforced my belief that residential rental property in the right country and location is the best place to have one's savings and pension.

As the equity markets have collapsed,good rentals have held their tenants. Sure, we are only getting around 4 % return, but at least its safe and regular. With all this in mind, I am off to Aussie and New Zealand in January 2009 to look for good rental property -so if you are interested, let me know.

Many folk, especially those looking at retirement one day, are keen to secure something now that can just help pay itself off over the next 20 years. Bricks and mortar is the way to go.

Why Aussie and New Zealand - both are well governed and have strict banking regulations. English is the mother tongue. Rental laws governing tenants favor the land lord, such as deposits, damages and professional agents to manage one's property from afar. Responsible councils/municipalities,excellent environmental control. Bottom line, safe and secure. Both countries have an increasing population, especially from immigration. Aussie 210,000 last year. The property market has fared better than most in these 2 countries, very little drop off in price.

We still have a few units left in Equus, prices have been increased lately and will do so again before settlement in late 2011. Remember one only needs 15% deposit to secure one now .

Also of note is the cutting of interest rates, in the UK for example they are down to 3 % and may drop further. Where does one put cash for a return, protected against inflation, which must follow in time with all the bail out money being "Created'. I think over the next 6 months to a year will be the time to buy property.

See also our French connection news letter and latest property for sale.

Regards,

Ian Burgoyne.

Hilton South Africa

13/11/08