Spain: with nearly 1 million overflow property on the market, even buying a bargain is not good enough.. or it needs to stack up on rents .. because there is just NO resale market at moment. You know what you buy, you don t know what you ll sell...

UK : waiting game, expecially as Gordon &co announce the stamp duty could go away next April, I would bet the market is now frozen for 8 months...

conclusion: still a waiting game...