Real estate is a significant feature of the economy of the United Kingdom. The real estate market in the United Kingdom is the largest or second-largest in Europe (after Germany) depending on the method of measurement. The commercial real estate market in the UK has a market size of around Euro 250 billion. Foreign investment plays a substantial role in the UK's real estate market, particularly in London, and foreign companies and individuals invested around £20 billion in UK real estate in 2012.
Famous quotes containing the words real, estate, united and/or kingdom:
“There can be no greater error than to expect, or calculate, upon real favors from nation to nation. It is an illusion which experience must cure, which a just pride ought to discard.”
—George Washington (1732–1799)
“Sweet are the thoughts that savour of content,
The quiet mind is richer than a crown;
Sweet are the nights in careless slumber spent,
The poor estate scorns Fortune’s angry frown.
Such sweet content, such minds, such sleep, such bliss,
Beggars enjoy, when princes oft do miss.”
—Robert Greene (1558?–1592)
“Hearing, seeing and understanding each other, humanity from one end of the earth to the other now lives simultaneously, omnipresent like a god thanks to its own creative ability. And, thanks to its victory over space and time, it would now be splendidly united for all time, if it were not confused again and again by that fatal delusion which causes humankind to keep on destroying this grandiose unity and to destroy itself with the same resources which gave it power over the elements.”
—Stefan Zweig (18811942)
“A horse! A horse! My kingdom for a horse!”
—William Shakespeare (1564–1616)