What Will 'Eurogeddon' Mean For Property Investors?

Without strong leadership, the EU as we know it will collapse with all the disastrous consequences, of major currency devaluations, mass unemployment, social unrest and worse still the reopening of major European fault lines that as the UBS have suggested could lead to the possibility of civil wars.

IPSBMV.com believe that none of the above scenarios will be allowed happen anytime soon and this means good news for property investors.

Speculation is rife that either Germany and other stronger countries might leave the Euro rather than prop up the overly indebted southern rump of Europe.

There is also the far greater prospect of Greece leaving the Euro, defaulting and reverting back to its old currency.

The third possibility is a 2-speed Europe where the poorer countries are left to get on with it whilst the stronger ones form an alliance.

Jon Ainge director of IPSBMV.com comments :

"We strongly believe that the euro will survive in some form, probably without Greece, so it is important that property investors take stock and think very carefully about the likely affect all this uncertainty will have on traditional investments like pensions.

"We think it is now more important than ever to diversify portfolios to maximise returns on investment in the longer term."