Topic: Villa Rentals

1 chapters across the catalog

Perchlorate and Cut Fiber
Episode 88 7:00 - 11:07

88: Perchlorate and Cut Fiber

UK Real Estate Ponzi Scheme, Portuguese Rental Market

A discussion of the British property boom reveals how television programs encouraged UK citizens to invest in overseas real estate, which Curry characterizes as a Ponzi scheme. Following the market crash, many owners are forced to rent out their luxury villas through professional agencies to cover mortgage demands. Curry details the amenities of his six-bedroom rental, which costs 1,500 pounds per week.