[Zanu Bob]

Alanht, on Feb 4 2009, 12:00 PM, said:

Our income tax is lower than the UK but everything else is the same.

now thats just plain wrong.
0 corporation tax
0 capital gains tax
0 inheritance tax

to name but three major differences with the UK

[cheekychap]

Halifax/HBOS or now Lloyds TSB Quarterly Isle of Man price index:

"We have not issued any data for Isle of Man for Q1-2009 due to a low sample sizes."

Thank you
Group Economics

So it seems very few buyers on the island have made any figures unreliable, property sales are almost
at a standstill. I think sellers still think their property is worth millions, they are in denial and prices will have
to drop 50% before I consider buying. Those 100+ jobs that HSBC culled in Douglas could be just the
start in the financial sector here and will in the end feed into house repossessions on the island like the UK.

[empress]

IOM property prices are standing up reasonably well but it looks a position that is at more risk than people seem to realise. I get the impression there's a local attitude that always assumes that Manx property never falls or that the economy here may never be in doubt. In my opinion and im no expert and merely wish to add my tuppeneth worth, I think the market is potentially vastly overvalued and could be in for some serious correction.

[Zanu Bob]

empress, on May 23 2009, 09:11 PM, said:

IOM property prices are standing up reasonably well but it looks a position that is at more risk than people seem to realise. I get the impression there's a local attitude that always assumes that Manx property never falls or that the economy here may never be in doubt. In my opinion and im no expert and merely wish to add my tuppeneth worth, I think the market is potentially vastly overvalued and could be in for some serious correction.

without financial services the island would have little future.

however,given the rising tax burden on the mainland and Eire,there are likley to be a lot of people arriving methinks.

house prices have moderated a lot where you get a forced seller.everyone else is jsut sat there doing viewings

[DiggerUK]

Deleted.

This post has been edited by DiggerUK: 09 February 2010 - 10:56 PM