kk1974, your common sense sums it up really.
However, the north is far from blown apart. A new build in York will be a safer buy than a new build in Manchester. Think supply and demand.
There are very good bargains to be had, but my advice is buy in SMALL apartment blocks of less than 20 units if you can - that way demand should outstrip supply.
It's utterly ridiculous to generalise about the domestic or the overseas markets. It all comes down to location - irrespective of country.
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