Thursday, Apr 26, 2007
VI spinner thinks the heat is on
Daily Telegraph: Spanish properties are now bargains In the sun
Pierre Williams of Inside Track, the overseas property investment consultancy, said the bursting of the bubble of Spanish property market was long overdue. "Just as in the UK the era of automatically making vast sums of money on the back of rampant house price rises is over in Spain."
Posted by dobber @ 04:49 PM (359 views) Add Comment
3 Comments
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1. tyrellcorporation said...
I always suspected tha the VI groups will try and spin a plunging market as the ultimate buying opportunity. Question is, who has balls of steel big enough (or stupidity) to sink hundreds of thousands of pounds into a falling asset on the chance you buy at the bottom of the market by accident???
Desperate times for the VI groups!
2. japanese uncle said...
Those VI groups are the parties that are running central banks throughout the world, creating warfares, assets bubbles, at their will, just to optimize their profit and maximize their assets and power base. Some VIs, aren't they?
3. Whiteknight said...
Another boost for the campaign of having to have people state their market positions in any written article about houses.
If you bought a stock, tipped it in a paper and then sold it , you would be looking at jail time. Yet everybody talks fast and loose about the housing market venturing any particular opinion at any given time.
Oh.. the rest of the worlds housing asset bubbles will crash. But not the UK. The UK is a special case.
99 % of people saying the average house price will obviously crash, but theirs is different (spot the problem with that...)
Weapons Grade Bozocity. (WGB)