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Costa Flip Flop

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Boo hooo. They took a gamble and lost. Live with it.

I'm taking a gamble, by not buying today. I'll live with the consequences.

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Both the posters who are reporting neg equity are first timers.

On HPC they'd be called trolls.

However people are going to start wondering about the wisdom of buying properties at 3% yields.

Good luck to them...

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The Spanish Costa market, reality of negative equity hits home.


Costa Flip flop

Greed, greed and more greed. If these people expect any sympathy from me, then they're going to be disappointed.

The Costa bubble was even more obvious than our own. I remember driving up to the town of Ronda, high above Puerto Boneus (sp?) in 2004 and looking down at a sea of cranes, literally.

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  • 301 Brexit, House prices and Summer 2020

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      • down 5% +
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      • up 5%

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