2010 Property World Cup - Group E

With Group E today, we have seen 5 out of 8 groups so far.

Enjoy Group E, just click the image.

How do I read the table?

Short version:

- the more houses a country has got, the cheaper the average property price
- the more balls, points and mascots, the more attractive is it for foreigners


Extended version

The header of each column tells you what it is about.

- Team vs. Australia – the first team in the table is South Africa. The average price for a property in Australia is $450,000 (at the time of the research). The same amount can buy you on average 1.5 properties in South Africa. Which means, on average, properties in South Africa are cheaper by 33%. Please understand, this is just a guide and very general!!!

- Attractiveness for foreign Investors – 1 ball = don’t touch it!
5 balls = very attractive

- Long Term Investment rating – 1 Zakumi (mascot) = run away!
5 Zakumis = great

• Economic Freedom Rating - Scores are from 0 to 100, higher scores are more desirable i.e. more conducive to economic growth. The lower the score, the greater the level of government interference in the economy and the less economic freedom a country enjoys.
Free 80 - 100; Mostly Free 70 - 79.9; Moderately Free 60 - 69.9;
Mostly Unfree 50 to 59.9; and Repressed 0 - 49.9

• Property Rights Index - A subcomponent of the Index of Economic Freedom, the property rights index measures the degree to which a country’s laws protect private property rights, and the degree to which its government enforces those laws. Higher scores are more desirable, i.e. property rights are better protected. Scores are from 0 to 100. The index also assesses the likelihood that private property will be expropriated and analyzes the independence of the judiciary, the existence of corruption within the judiciary, and the ability of individuals and businesses to enforce contracts. I consider protection of property rights as a significant factor affecting the desirability of a residential real estate investment