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Ah! I'm way behind the curve with my thread.

Fantastic program though. We even get the slimy EA still up to his old tricks as a bonus.

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this reminds me of the out of town areas of miami

but worse!!!

oh basra ! yeah i guess thats more like it ...

Edited by jonpo

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3040 EUR a month ... but they bought it for the other people they needed a 5 bed so other people can come and stay ....

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3040 EUR a month ... but they bought it for the other people they needed a 5 bed so other people can come and stay ....

It's that nasty Spanish bank with its nasty Spanish mortgage. They just doubled the repayments just like that for no reason, it was nothing like an ARM or such.

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It's that nasty Spanish bank with its nasty Spanish mortgage. They just doubled the repayments just like that for no reason, it was nothing like an ARM or such.

Their on the road to destitution, little work , no pension , if that place gets repodd they will be destitute.

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Their on the road to destitution, little work , no pension , if that place gets repodd they will be destitute.

There are millions like them who didn't make as big a mistake and didn't take so many risks.

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My sister lives on the Costa Blanca and she said that local property is starting to drop sharply for the first time. Up to recent times the big drops were mostly confined to tourist stuff. The Spanish are coming to realise the easy riches through HPI is not happening.

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3 biggest HPI bubble countries:

1.  Ireland

2.  Spain

3.  UK

Spot the odd man out.

Not so sure it is just these three. If you look at Prices in places where you may want to live/can get a job they are as expensive if not more expensive than the UK, even German property in the north looks expensive, Paris is stinkingly expensive.

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Not so sure it is just these three. If you look at Prices in places where you may want to live/can get a job they are as expensive if not more expensive than the UK, even German property in the north looks expensive, Paris is stinkingly expensive.

I saw a three-bed flat needing a bit of work in a classic beautiful Parisian apartment building near Notre-Dame for 150k GBP in 1998.

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I saw a three-bed flat needing a bit of work in a classic beautiful Parisian apartment building near Notre-Dame for 150k GBP in 1998.

I think that there's been a tiny tiny bit of HPI since then...

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3 biggest HPI bubble countries:

1. Ireland

2. Spain

3. UK

Spot the odd man out.

UK.

It doesn't have vast new build estates standing empty and unsold.

(I suspect that wasn't your preferred criteria ;))

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All this property. Lying empty. Who is going to buy it, even at rock bottom prices? Not too many Brits or Irish, as the banks will no longer lend them the cash to "buy their dream" :rolleyes:

Hopefully the Crash will bring prices back into line with earnings. 2 bed appts in small coastal towns, 1 mile from the beaches, really shouldn't be going for more than 20K euros........... :ph34r:

I have a relative who sold their 1 bed Spanish flat to one of their children in 2007. Child (ok, in their 40s) thought they were a property mogul building an empire (in spite of not having 2 brass farthings to rub together....all 100% loans). Haven't heard from them since last year. Wonder if they are still on speaking terms !!! :D

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My sister lives on the Costa Blanca and she said that local property is starting to drop sharply for the first time. Up to recent times the big drops were mostly confined to tourist stuff. The Spanish are coming to realise the easy riches through HPI is not happening.

Damn! Time for Plan B.

...

...

...

oh dear, there isn't one. huh.gif

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  • 150 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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