Brett’s Weekly Property Update – Week 5 of the Recovery Special
Government Debt: Where does it come from and how does it work?
Hey guys,
Welcome to the fifth and final week of the Recovery Special.
This week I’ll be wrapping things up by taking you through how governments get into debt and how this debt is is actually helping work towards economic recovery.
Our main focus is on what’s called ‘gilt-edged” securities and I’ll show you why these fancily-named beasts are currently controversial and could really mean the difference between success and failure for economic recovery.
First up though we’ll be taking a quick look at the news.
This week optimism seem to be rising – banks are giving out more mortgages and some Britons are taking advantage of interest rates and paying their mortgage down much faster than usual!
We’ll also be taking a look at whether unemployment will affect us as investors and what we can do to avoid potential problems with unpaid rent.
Finally, my thoughts for the week: well it’s sunny outside and that positive feeling seems to be infectious as far as property is concerned. More and more people are realising the massive opportunity that’s rising in today’s market. As for us, we can’t seem get property fast enough!
Live with Passion,
Brett Alegre-Wood
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