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
Blaming greed for a banking crisis is like blaming gravity for an airplane crash. Injin 10/12/2009 (a rare moment of clarity)
Red Kharma, on 31 May 2010 - 11:51 AM, said:
Most gold buyers will get creamed, eventually and for the very reasons they think they won't.