I attended an overseas property trade show called OPP Live a few months ago. This was the fourth year I’ve been to the show and as usual it was very well organized and I met a lot of old friends plus a wide variety ofinteresting people who work in the industry. The atmosphere at this years’ show was very different to the previous ones though. Previous OPP Live shows were all held in very different economic environments, where profit margins were wide, the public’s appetite for overseas property was insatiable, and financing for builders and buyers was very easy to come by. As most employers reading this will no doubt agree – property companies who take too long to trim unnecessary overheads andrefuse to adjust their product offering to suit a changing marketplace will soon find themselves out of business. Meeting a Changing Markets Needs We’ve certainly no intention of m easy guitar songs aking those kinds of mistakes in my organisation, and judging by the recent media interest and the huge response to our Florida Foreclosure services, there is still a huge demand for property that buyers can identify as being a great value medium to long term investment. Some of our readers may alsobe interested in our Florida property of the week below. Outside of the USA, Panama remains very popular due to its uniquely international economy, although there is a firm emphasis on purchasing developments that are already under construction. Still The Best Asset Class All in all, I remain convinced that property is by far the best asset class to invest in. It also remains a uniquely fulfilling experience. I just can’t bring myself to leave surplus cash in a bank account with meager interest rates and I certainly won’t beputting it in ourridiculously volatile stock markets.
