Geemo Posted November 6, 2009 Share Posted November 6, 2009 Hi all , No posts have been on the forum re The IOM for quite a while . Its a Place that interests me , but to be honest i dont know to much about its market place of late ( was last on the island in Jan09 , the housing market seemed to be holding its prices and things where ok ). Any advice/information would be helpful . Thanks, Gee Quote Link to comment Share on other sites More sharing options...
Seasider Posted November 6, 2009 Share Posted November 6, 2009 BBC news yesterday Island to lose quarter of it's revenue BBC "Today Program" Radio 4 Some think about going independent? Quote Link to comment Share on other sites More sharing options...
DONTDOITMAN Posted December 3, 2009 Share Posted December 3, 2009 From what I hear, the housing market does appear to have held up OK but there has been a marginal decline in prices, with sellers having to accept offers to complete with a sale. The top end of the market is strong as those looking to protect their milllions but the lower to mid range is just stagnant. I have been following some IOM estate agents sites and there does appear to be a lot of property available. would anyone agree or disagree? Even if there is over supply I don't see prices going down much nor do I see them racing away in the next couple of years. Decent deposits are still required and with 20% loss of earnings to the IOM revenues will result in public sector cuts and marginal tax increases - however I think those on the Island will be able to afford it. Quote Link to comment Share on other sites More sharing options...
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