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Eerie Newspaper Review On Bbc


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:lol:

True and I wouldn't be suprised to see white flight as a result. As someone living outside though I just hope they don't push the prices up elsewhere bidding their stupid london prices. My main hope is that London now looks a lot less safe to those foreign investors who have apparently been propping the london market up.

Stil way safer than many of the countries they are residing in. Russia for example.

It won't make a jot of difference.

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I found a random picture of two fingers on the left eyebrow:

f2.jpg

Nah

Just copy and paste "Realist Bear's" Polar with drawn on lune_ttes!

Witticism being practised is he is a 'Speculative' Mason

Looking over the top of the spec frames is also a Masonic signal/code to the others.

You often see Judges doing this or top bankers/politicians in the newspaper photos!

Edited by erranta
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Stil way safer than many of the countries they are residing in. Russia for example.

It won't make a jot of difference.

Well we'll find out soon enough, won't we. But I think most home second home buyers don't invest somewhere because its 'a bit less sh1t'. Rather, many will have had a very romanticed view, which I suspect many will be reconsidering now. Plus I don't think the footage of the malaysian guy being robbed would have done much for asian demand.

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Well we'll find out soon enough, won't we. But I think most home second home buyers don't invest somewhere because its 'a bit less sh1t'. Rather, many will have had a very romanticed view, which I suspect many will be reconsidering now. Plus I don't think the footage of the malaysian guy being robbed would have done much for asian demand.

I think there was a qudos to owning London property, world renowned location and all that, this has to dissappear surely...?

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Well we'll find out soon enough, won't we. But I think most home second home buyers don't invest somewhere because its 'a bit less sh1t'. Rather, many will have had a very romanticed view, which I suspect many will be reconsidering now. Plus I don't think the footage of the malaysian guy being robbed would have done much for asian demand.

That made me laugh.

"shall we buy in London love. I hear it's a bit less sh1t than the Baltics"

London, romantic view??? Only in a Dick van Dyke film. Paris it is not.

When I think of London I struggle to think of anything romantic. Jack the Ripper does however spring to mind.

I'd go with historic. As in old buildings that USA would have abandoned and demolished. London is historic.

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Fulham? Catholic School? I went there (seriously). Got any links to the story?

As I posted this I looked on the net to find some newspaper reports. Believe it or not I hard a hard time finding it and you'll see why when you read it. Here's one article on the event.

You will notice the world of difference between the story as I have described it (from about ten odd people who witnessed it first hand) and what is written in the paper. The stabbed 'man' as I described him is the '17 year old teenager' in the story. Amazing!

http://www.fulhamchronicle.co.uk/fulham-and-hammersmith-news/local-fulham-and-hammersmith-news/2011/07/23/teen-stabbed-in-parsons-green-82029-29107837/

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Well we'll find out soon enough, won't we. But I think most home second home buyers don't invest somewhere because its 'a bit less sh1t'. Rather, many will have had a very romanticed view, which I suspect many will be reconsidering now. Plus I don't think the footage of the malaysian guy being robbed would have done much for asian demand.

Not romantic but rather hard-headed given how prime London property is seen as cheap by the Global uber-rich.... Allows them to park their money in a tax-haven, which is what the UK is for foreign nationals and corporations, giving them the chance to evade the authorities back home.... no questions asked this end or in the home country ...

Much of the foreign money that is proping up prices in London is hot money say from Greece or Italy as a hedge against expulsion from the Euro or as a way of avoiding taxes in their home country......

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Not romantic but rather hard-headed given how prime London property is seen as cheap by the Global uber-rich.... Allows them to park their money in a tax-haven, which is what the UK is for foreign nationals and corporations, giving them the chance to evade the authorities back home.... no questions asked this end or in the home country ...

Much of the foreign money that is proping up prices in London is hot money say from Greece or Italy as a hedge against expulsion from the Euro or as a way of avoiding taxes in their home country......

are they savvy investors by any chance?

tax efficiency or not, the yields, aka basic valuations, are terrible

and you're not actually sure WHERE the money is coming from are you? link?

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Not romantic but rather hard-headed given how prime London property is seen as cheap by the Global uber-rich.... Allows them to park their money in a tax-haven, which is what the UK is for foreign nationals and corporations, giving them the chance to evade the authorities back home.... no questions asked this end or in the home country ...

Much of the foreign money that is proping up prices in London is hot money say from Greece or Italy as a hedge against expulsion from the Euro or as a way of avoiding taxes in their home country......

your lack of reply to my challenge speaks volumes

so hard headed Greek and Italians with lots of dirty cash will pump up the high end of the London market

thanks for that, I laughed myself silly mate

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We have seen a lot of moral outrage in the media this week regarding mindless opportunistic criminality. Understandably so. Both the damage done to properties and the looting deserved thorough condemnation and those responsible been labelled 'the work shy generation'. So its good to know that the police are busy, going about the job of bringing thousands of wrong doers to justice, that gangs who rampaged through our streets night after night after are being arrested, that the courts are running 24 hours a day, through weekends to ensure that transgressors receive the criminal record they rightly deserve.

But at the same time, what has been said this week about the mindless opportunistic criminality we endured between the late 1990s and 2007? Both the damage done to the property market and the looting deserved thorough condemnation so why aren't those repsonsible for that condemned as the work shy generation? Why aren't the police busy, going about the job of bringing thousands of those wrong doers to justice? Why aren't the gangs who rampaged through our streets for year after year being arrested? Why aren't the courts running 24 hours a day, through weekends to ensure that those transgressors receive the criminal record they rightly deserve?

A few nights of looting chattel from High Street shops makes great TV and can be guaranteed to draw enraged comments from 'Disgusted of Tunbridge Wells', but an entire decade of property porn, a key driver of house price inflation and inevitable economic destruction, is not just lauded as responsible, its practically state sponsored.

When you flip on the TV news tonight and see some self-righteous middle-aged pundit gloating over the number of riot arrests, bear in mind that startling footage gives the Old Gits the perfect means to chastise the Young Gits while deflecting attention from their own grotesque, infinitely more damaging acts of selfishness.

Those piling into the frenzied ten-year long property boom to loot what they could are no better than those who wrecked our High Streets this week. However appalling the violence over the past week has been, it is nothing compared to the economic crimes committed at a time when this week's rioters were just starting school.

The rioters may have embarrased Britain for a few days. But it's not their actions that have jeopardised the global financial system for a lost decade.

My reply to Disgusted of Tunbridge Wells : Spare us the scorn then spare us a fiver.

Edited by nmarks
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your lack of reply to my challenge speaks volumes

so hard headed Greek and Italians with lots of dirty cash will pump up the high end of the London market

thanks for that, I laughed myself silly mate

I dont live on here :rolleyes: but try these....

http://www.thisislondon.co.uk/standard-business/article-23974580-eurozone-exiles-lift-prices-of-londons-luxury-homes.do

http://business.blogs.cnn.com/2011/06/03/as-crisis-mounts-greek-cash-pours-into-london-real-estate/

"....Greece faces a $43 billion funding gap by next year.

That’s about the same amount that has gone offshore since the start of 2010, Greek treasury officials say.

Much of that money has found its way into London’s real estate market where agents like Panos Koutsogiannakis have seen surge in interest from Greek investors.

“We’ve had a steady stream of enquiries all of this year,” Koutsogiannakis, a Greek-Australian, tells me from the London offices of realtor Hyde Park Agencies.

“Most are cash buyers and some haven’t even seen the properties before. I have one client transacting on a $1.3 million flat which they haven’t ever seen.”

Koutsogiannakis says his average Greek client is spending between $1.2 million and $2.4 million on apartments in some of the most expensive areas in the British capital, like Knightsbridge and Mayfair.

Four doors along, realtor Stephen Kalogroulis of Hellas Helvetia says he is getting up to 20 enquiries a week.

He tells me the parlous state of Greece’s economy is “a standard conversation” he has with Greek investors on a near daily basis.

“They want to talk about it all of the time,” he says.

"They want to talk about how the property market has collapsed, how there are no jobs."

http://www.thisislondon.co.uk/standard/article-23824376-greeks-buy-into-london-property.do

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