This is a genuine question, and would be interested to hear (serious) points of view. The basis of a great deal of international property investment over the past decade has been from couples looking for a place in the sun. They dont neccessarily care about falling equity values or sub-prime crises - in fact the people who couldn´t afford a mortgage but got one anyway are the people you don´t really want buying your properties!

As interest rates come down to attempt to divert a full blown recession, that should only encourage the potential first time/holiday purchaser to look into international property investment in greater depth.

Am I totally optimistic or just missing a point?