As many will be aware one of the cushiest jobs (apart from food critic), is property journalist.In this role you get to jet all round the world, stay in nice hotels and generally have a jolly nice time all at the developers expense.
Now I hear word of rumblings from Ireland that local journalists are about to be sued for writing misleading articles about the Irish market, which investors claim led them to make bad investment choices.
Readers will know that,despite having a property business here in Bulgaria, I am candid about the market.
If people started suing the UK property supplements I think the queue would stretch for many miles !.
But I always wonder, who is the most to blame ?: journalists for writing unquestioning 'Wish you were here' type articles or people with more money than sense who merely followed their greed for a quick buck ?.
My mantra has always been that property is not some goldmine that is inexhaustable, it directly relates to the health of the general economy.If you want to buy a second home think of it as a holiday home, if it makes a profit that is a bonus.
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