Can someone give to a link to a convincing story to try and stop a friend buying a £220K apartment in Nice.

Try these - sorry they're in French but www.freetranslation.com works reasonably well.

http://www.banquepopulaire.fr/actualite/ma...s/mar050329.htm

and

http://www.lemonde.fr/web/article/0,1-0@2-...1-646528,0.html a


I definitely won't be buying in France until after 2007!

If he is English or English-speaking, try www.housepricecrash.co.uk

If he is French or French-speaking there are two forums http://www.lesechos.fr (moderate) and http://www.bulle-immobiliere.org/forum/ (bearish biased)

Several statistical study have shown a correlation between London and Paris real estate prices, Paris beeing delayed by 1/2 years (over the last twenty years). Another statistical studies showed Southern France prices were following Paris with a 6 months delay... of course it's only stats