ORACLE CAPITAL in “China Daily” article
“NATION SPRINGS A WEALTH OF SURPRISES”

In March the student-to-bed ratio in London reached an-all time high of 3.6, a shortfall of 100,000 beds. The picture is only slightly better across the rest of the country with most university cities and towns experiencing housing shortages.

Four million new homes will be needed in the UK by 2040, according to Cushman & Wakefield, the real estate consultants. Not everyone would be able to afford, or would want to buy one, so many more will be renting. As a result, the Private Rented Sector’s (PRS) share of all UK homes is expected to rise from 20% to 25%. To support this, rented supply needs to increase by 43%. Where will additional capacity come from?

The Portuguese real estate market is starting to see the effect of the ECB’s tightening cycle that began in 2022. Despite an 8.2% growth in the House Price Index last year, the volume of transactions in 2023 fell by 19%, to 136,000 vs. 167,900 the year before, according to the INE, the National Statistics Office.