Sunday, June 22, 2008
Cheap air fares and holiday homes.
Settling into the London apartment and noticing that British TV seems obsessed – even now – with real estate investment. There was a program last night about investing in apartments in Montenegro. Breathtakingly beautiful as it was, it seems to me that the investment potential depends upon two things: the continued desire to vacation in hotter climes; and the continued bargain prices of European air travel. Seems to me both are doubtful. Investing close to where people work makes more sense to me; hence the London apartment.