Jump to content
House Price Crash Forum
Sign in to follow this  
Gavin

Simply Why You Shouldn't Buy In Bulgaria

Recommended Posts

I had a wonderful skiing holiday there in March. I loved it.

The snow was wonderful, the views like a postcard, the atmosphere friendly, the food surprisingly good.

BUT I would not buy there because I don't want to go there for the next 25 years.

It cost 500 quid per person with half board at the supposed best hotel in the resort including all transfers (2 hours) all ski boot hire etc, ski pass and 1 weeks ski tuition.

Most of that cost was for the flights. So whats left for the landlord?

The real reason I wouldn't do it? The billonaire that was promoting Bulgaria as the winter olympic candidate was shot by the Bulgarian mafia.

I took the attached picture of the front door of our hotel.

Borovets_feb06_008.jpg

If you aren't allowed to bring these into the hotel, you wonder how many are on the streets.

You are basically playing with fire. You really want any of your money tied up 2 thousand miles from home in an ex soviet block?

What control would you have if the locals got angry at being priced out?

post-20-1148414259.jpg

Share this post


Link to post
Share on other sites

I had a wonderful skiing holiday there in March. I loved it.

The snow was wonderful, the views like a postcard, the atmosphere friendly, the food surprisingly good.

BUT I would not buy there because I don't want to go there for the next 25 years.

It cost 500 quid per person with half board at the supposed best hotel in the resort including all transfers (2 hours) all ski boot hire etc, ski pass and 1 weeks ski tuition.

Most of that cost was for the flights. So whats left for the landlord?

According to the property porn program just finished, a pokey cheap looking flat near the skiing run should rent for £1000pcm in the winter, and £700 in the summer. Given your experience, would you agree?

The real reason I wouldn't do it? The billonaire that was promoting Bulgaria as the winter olympic candidate was shot by the Bulgarian mafia.

I took the attached picture of the front door of our hotel.

If you aren't allowed to bring these into the hotel, you wonder how many are on the streets.

You are basically playing with fire. You really want any of your money tied up 2 thousand miles from home in an ex soviet block?

What control would you have if the locals got angry at being priced out?

In the program just finished, they were tacky looking newbuilds. I wonder if the real money is in the rental of these flats to tourists, or in the selling of the newbuilds to muppets.

Certainly a high risk venture. I wouldn't discount the possibility of gain as it's impossible to predict bubbles. Though, those people on the site some time ago predicting a boom in Germany's property market seem to have gone quiet.

Billy Shears

Share this post


Link to post
Share on other sites

Billy, I think that anyone claiming to make 250 quid a week, week in week out is bullsh1ting to be honest.

I repeat that I paid 500 quid for everything, meaning flights (3.5 hours), transfers, supposed 4 star hotel (Maybe UK 3 star, but had pool etc) half board, ski pass, ski tuition, boot and ski hire for 500 quid.

The flights were chartered therefore I reckon they cost 200-250 quid themselves. Then there was breakfast and evening meal (at least 10 quid per day?) , and transfers (a 1.5-2 long coach journey 20 quid?), ski and boot hire (30 quid?) Ski pass (70 quid?) and then ski tuition for a week (30 quid?) this leaves 60-110 quid for accomodation in the best hotel in the resort which was situated literally at the base of the main chair lift and 150m round the corner from the main gondola.

Anyone who knows about skiing will know that the prices I am quoting are basically only available in Bulgaria and no where else. They are rock bottom.

In France you can pay 150 quid a day for tuition alone. And maybe 200 quid for a weeks ski pass.

Either Bulgaria gets equally expensive to visit as the creme de la creme of the Alps or the model doesn't work.

The prices in Bulgaria are hopelessly out of reach for the populace. We worked out that the ski instructors were earning about 40 quid a week.

Even if they were on 5 times that it doesn't sound likely that they could afford to rent in or around there own ski resort does it? And the winter time was when they made there money!

Either the cost of the tuition is too low, or the cost of the apartment to high, not both can co-exist for the 500 quid all in holiday.

If you listened the tone of that programme, where people were investing today and then wondering when to sell to maximise their profit in the future it shouted one thing clearly over and over

BUBBLE

BUBBLE

BUBBLE

Shoot me if I ain't wrong.

Share this post


Link to post
Share on other sites

OK, I see a floor in my calcuations, I wouldn't rent a 3 bed apartment myself alone, but the figures are still dodgy.

I would still prefer to stay in a hotel at the end of the slopes which had a lift to my room than in a self catered apartment, that I have to get to myself and then get the key from some agent etc. An apartment on the 3rd floor that doesn't have room service or a lift with which to traverse with my ski boots every morning and night.

Whats more Bansko is 100 miles or so from the beach along roads pitted with holes that coaches have to drive round not over.

I doubt that you could command any stable income in the summer. Its all about the 3 to 4 month ski season in my opinion, or maybe 150 quid a week for 12 weeks?

The last thing I would add in my rant is that ski resorts are constrained by uplift capacity on the slopes, i.e. how many people can use the lifts at any one time.

If they continue building in Bansko you will get massive over supply of accomodation and either the ski passes will run out, or the slopes will get so crowded that people will never go again. We waited 1.5 hours to get on the gondola one morning so I would say the resort is full already.

Unless more infrastructure spending (more lifts, more slopes) are added quickly, the resort becomes a liability to itself. Do you think the Bulgarians care? Will the original hotels that have been there longer and are owned by local money have first dibbs on ski passes? Does it say anything in the apartment sale agreement that ski passes are guaranteed?

Share this post


Link to post
Share on other sites

Well over a million Britain’s now own holiday homes abroad. Our love affair with owning ‘a place in the sun’ has never been greater. As ever Spain, France, Italy and Portugal are proving popular. More recently as prices have been pushed up in these countries we’ve looked further a field. To places like Slovenia and Croatia in what was the old Socialist Federal Republic of Yugoslavia. You cant beat the Dalmatian coast only don’t dig too deep in the back garden, as mass graves are commonplace and 20,000 bodies are still unaccounted for. They don’t put that in the sales presentation. Recently Latvia, Bulgaria and Romania are being pushed as the next hot, ‘Fly to Buy/Fly to Let’ leading edge locations. When buying abroad its important to recognise that the laws, processes, customs and practice, for the transfer of unencumbered title to land and property, are not the same as in the UK. We hear horror stories, where unsuspecting Brits having bought abroad, only to find themselves with no end of problems, having either been duped or failed to take appropriate precautions. Be it problems with the escritura (title deed) in Spain along with inflated capital gains tax bills due to black money (dinero negro), Villas built on war expropriated land in Northern Cyprus or inheritance/tax issues in Monrovia. As mentioned earlier with countries like Romania and Bulgaria now being pushed as destinations to buy holiday homes, the term Caveat Emptor has never been more appropriate. If you’re not entirely happy with the reputation for honesty of Estate Agents at home here in the UK, wait till you meet some of the ex Transylvanian Donkey rustlers selling unsuspecting Brits holiday homes in Tulcea and Constanta on the Black Sea! Where next? Ski lodges in Nagorno-Karabakh, just 8 days yak ride from Baku international airport. Or Beach Villas on the Aral’s Sea health Spa, specialising in chemical body scrubs, with all the toxic pollution you can drink. Prices start at 3 million Dram (£45,000), 10% discount if you buy off plan. Legal title guaranteed by The South Caucasus Development Corporation of Kazakhstan. All deposits underwritten by the Bank of Chechnya, as advertised on Channel 4 by the regional goodwill ambassador Borat! Don’t miss this ground floor, investment opportunity of a lifetime!

Pablo Silver or Lead?

Edited by Pablo-silver or lead?

Share this post


Link to post
Share on other sites

OK, I see a flaw in my calcuations, I wouldn't rent a 3 bed apartment myself alone, but the figures are still dodgy.

I would still prefer to stay in a hotel at the end of the slopes which had a lift to my room than in a self catered apartment, that I have to get to myself and then get the key from some agent etc. An apartment on the 3rd floor that doesn't have room service or a lift with which to traverse with my ski boots every morning and night.

Whats more Bansko is 100 miles or so from the beach along roads pitted with holes that coaches have to drive round not over.

I had a quick look online. Certainly I found very expensive self-catering apartments:

http://www.goskibulgaria.biz/booking.htm

Some of the photos of the area I found on the way were of stunning winter scenery. Given the prices you quote, I can see why people would be keen to go there.

Given the prices quoted on the program, the flat would have to rent for 6 months at the "winter" £1000pcm and then rent for the "summer" £700pcm for 6 months with no voids to get the quoted £10K per year rental yield. As you point out

But as you mention, the problem with this is that assuming it was a good investment to buy into these places, they will build huge numbers of flats, and then the figures won't add up any more.

The thing that really makes me think about these schemes is this: It used to be said that tourism money was vital to the economy of many countries. If Brits buy the BTL flats and other facilities in the holidy resorts of countries such as Eastern European countries, then these investors will suck much of the tourism £££££ straight back to the UK again. I can't believe that these countries would allow a situation to continue where tourism ££££ are sucked out of the country rather than entering the local economy. It just doesn't seem to make sense to me.

Billy Shears

Edited by BillyShears

Share this post


Link to post
Share on other sites

Given the prices quoted on the program, the flat would have to rent for 6 months at the "winter" £1000pcm and then rent for the "summer" £700pcm for 6 months with no voids to get the quoted £10K per year rental yield. As you point out

Reliable snow doesn't generally fall until Christmas in Bulgaria and Easter is usually the end of the skiing season. The snow in Borovets lasted longer this year but the lifts stopped running - not great for a late season skiing holiday!!

You would be very lucky to get three months booked at the high season rate. Before January and after March, it would be a gamble.

Keeping a flat occupied during the rest of the year would be the stuff of dreams. There is far too much accomodation for the slim numbers of summer visitors to the mountains. I would expect months and months without bookings.

Simplistically, people look at buying in Bulgaria as a cheaper option to buying in the Alps. It is nothing of the sort. They will get a very rude awakening.

All that said, I had a fantastic skiing holiday in Borovets in 1998.

Xil.

Share this post


Link to post
Share on other sites

also they have speculated the place above the "value" of property in the south of france..

lets get carried away.. morrons

Share this post


Link to post
Share on other sites

The thing that really makes me think about these schemes is this: It used to be said that tourism money was vital to the economy of many countries. If Brits buy the BTL flats and other facilities in the holidy resorts of countries such as Eastern European countries, then these investors will suck much of the tourism £££££ straight back to the UK again. I can't believe that these countries would allow a situation to continue where tourism ££££ are sucked out of the country rather than entering the local economy. It just doesn't seem to make sense to me.

Billy Shears

Isnt this what is happening in this country????

Polish workers coming over. Paying 50% of what they earn to BTL landlords and then sening the rest OUT OF THE COUNTRY?

This is why immigraton workers are NOT GOOD for this country. Not only do we OUTSOURCE our jobs. The ones we dont OUTSOURCE we INSOURCE the workers!!!!

Should put vaseline on our ()*() everyday, so its a less painful when the government screw you over again!!!

TB

Edited by teddyboy

Share this post


Link to post
Share on other sites

So the Mafia killed this guy because he didn’t pay his taxes to them but you can bet the amount they wanted was a dam site lower then Blair wants each week.

You buy property in Bulgaria then you will have a knock on the door from the Mafia just as sure as you would get a poll tax bill through the door in the UK except it’s about £300 p.a and not £2000 p.a.

If you don’t pay in Bulgaria then your house is burnt down, don’t pay in the UK then they take your house or put you in nick.

We have police with CS spay, battens and dangerous dogs being used to control people who congregate to protests about things in the UK, the Mafia has other tools but I don’t see a great differenced between the two and I would consider buying in Bulgaria as it can not be much more dangerous than the ethnic inner city slums here in the UK.

Share this post


Link to post
Share on other sites

This is why immigraton workers are NOT GOOD for this country. Not only do we OUTSOURCE our jobs. The ones we dont OUTSOURCE we INSOURCE the workers!!!!

Im tired of hearing such drivel

In my experience the English work ethic is very poor. England was built on the back of succesive waves of immigrants and you should not complain

We fed you, clothed you and cleaned your streets while you were busy watching football or drinking 'pints' in the 'local pub' - we gave you culture and a opened your eyes to the world

Show some gratitude

Share this post


Link to post
Share on other sites

I had a wonderful skiing holiday there in March. I loved it.

The snow was wonderful, the views like a postcard, the atmosphere friendly, the food surprisingly good.

BUT I would not buy there because I don't want to go there for the next 25 years.

It cost 500 quid per person with half board at the supposed best hotel in the resort including all transfers (2 hours) all ski boot hire etc, ski pass and 1 weeks ski tuition.

Most of that cost was for the flights. So whats left for the landlord?

The real reason I wouldn't do it? The billonaire that was promoting Bulgaria as the winter olympic candidate was shot by the Bulgarian mafia.

I took the attached picture of the front door of our hotel.

Borovets_feb06_008.jpg

If you aren't allowed to bring these into the hotel, you wonder how many are on the streets.

You are basically playing with fire. You really want any of your money tied up 2 thousand miles from home in an ex soviet block?

What control would you have if the locals got angry at being priced out?

Gavin,

You are a bitter and twisted STR who is frustrated at seeing no sign of a property crash occurring. You must be bitterly regretting selling your property too early and are kicking yourself for having missed out on spectacular rises in house prices.

I reckon that the property you sold Gavin has risen significantly in value since you sold it. House prices are still rising and rising strongly.

I think you will find it very difficult to get back onto the property ladder in the future. House prices are unlikely to fall by more than 20% from the peak which means that it will barely cover your transaction costs if you decide to re-enter the property market.

You have gambled your house on a quick crash occurring but the crash is not likely to start until 2010 which is four long years away and even when the crash does start you will have to wait a further five years before the trough in house prices has been reached and even then it won't be a good time to buy property because it will take a further five years before another housing boom begins which means that you will be waiting fourteen years before it becomes a good time to buy a property.

You were cocky when you sold your house but I don't think you are so cocky anymore. Good luck, Gavin. I think you need it.

Share this post


Link to post
Share on other sites

Im tired of hearing such drivel

In my experience the English work ethic is very poor. England was built on the back of succesive waves of immigrants and you should not complain

We fed you, clothed you and cleaned your streets while you were busy watching football or drinking 'pints' in the 'local pub' - we gave you culture and a opened your eyes to the world

Show some gratitude

Culture like drugs guns ,Turf wars and corruption at all levels.

Yes it’s true the UK robbed the world in decades past but it would NOT be fair to say that Joe public has profited by having our jobs and houses taken by waves of immigrants and I also refute your drivel about us all being lazy as I know a lot of brits that work bloody hard and yet, well in Leicester I’ve never seen an Asian looking gentleman emptying dustbins.

You may get some gratitude from Marks & Spencer’s for filling in as cheap labour but your in the wrong place if you want it from the public in general.

Share this post


Link to post
Share on other sites
Culture like drugs guns ,Turf wars and corruption at all levels.

Yes it’s true the UK robbed the world in decades past but it would NOT be fair to say that Joe public has profited by having our jobs and houses taken by waves of immigrants and I also refute your drivel about us all being lazy as I know a lot of brits that work bloody hard and yet, well in Leicester I’ve never seen an Asian looking gentleman emptying dustbins.

You may get some gratitude from Marks & Spencer’s for filling in as cheap labour but your in the wrong place if you want it from the public in general.

What jobs ? They only do the jobs you are not willing to do

You may have never seen an asian emptying dustbins, well I have never seen an englishman pressing underlay in a garment factory, running an all-night grocers, or sweeping an underground station

the polish plumber gives you value, he does the job cheaply and (usually) well. why so bitter ? your own kind would probably rip you off and leave the job half done while they hit the pub or the greasy spoon for a full english

By the way, englishmen have priced many locals where I live out of the market here - local people cannot afford to buy for all the expats - so where is the logic in your argument ? shall we have an exchange of populations ?

Share this post


Link to post
Share on other sites

Gavin,

You are a bitter and twisted STR who is frustrated at seeing no sign of a property crash occurring. You must be bitterly regretting selling your property too early and are kicking yourself for having missed out on spectacular rises in house prices.

Sounds just like your website BRUNO

PS Don't forget your brolly today - rains forecast! :lol::lol::lol:

Share this post


Link to post
Share on other sites

Rental projections for ski properties in BG have entered the realm of cloud-cuckoo land. Also if you're an independent traveller the links from Sofia are awful.

BG has one thing going for it for the tourist - it's cheap. Unfortunately, especially in the ski resorts, it's losing that advantage. Dual pricing for foreigners although now illegal still very much goes on.

Anyone who thinks they will make 100% gain on their apartment (ski or beach) in a year is deluded; resale market for apartments in virtually nil due to so much building going on.

You can still find value but you need to research, you need to read and understand cyrillic and you need to get a local on your side to find the right property. Not easy in a 7 day viewing trip..!

As always investing is about being one step ahead of the curve and identifying the next 'hotspot' before the herds arrive. Whether or not there are any more hotspots in BG is a moot point!

However the mafia do not come 'knocking on your door' as soon as you buy a property. I have no idea where user 'justice' gets that from and it's complete rubbish. If you started a business and it made a good amount of money you may get problems, but for most it's not an issue. They wouldn't be interested in your B&B!

BTW, despite the signs on the doors there are far fewer guns/weapons on the street in BG than there are in the UK. They don't have 11 year old girls carrying flick knives.You are safer in BG at any time of the day or night, anywhere in the country, than you are anywhere in the UK at 11.20pm.

Edited by mpd

Share this post


Link to post
Share on other sites

So they have no guns signs on front doors. Why is that a problem? The UK is one of the very few countries in the world where gun ownership is frowned on, and broadly illegal. In this country I think we have a very unhealthy lack of understanding of weapons and an over reliance on the government to protect us.

Given your concern over the gun sign - would you be happier to invest in property in say USA or Switzerland? Norway perhaps?

Share this post


Link to post
Share on other sites
In my experience the English work ethic is very poor.

Of course it is. You work hard all your life and get crap for it... so why bother?

To a Pole coming over here and working a couple of minimum-wage unskilled jobs, that's the equivalent relative to cost of living back home of a British person moving to Elbonia and making 100k a year in a couple of minimum-wage unskilled jobs.

How 'lazy' do you think the awful British people would be if they could make 100k a year cleaning offices in Elbonia?

we gave you culture and a opened your eyes to the world

'Opened our eyes to the world'? The world we used to run 25% of? (actually, more like 85% if you count the wet parts).

Share this post


Link to post
Share on other sites

Im tired of hearing such drivel

In my experience the English work ethic is very poor. England was built on the back of succesive waves of immigrants and you should not complain

We fed you, clothed you and cleaned your streets while you were busy watching football or drinking 'pints' in the 'local pub' - we gave you culture and a opened your eyes to the world

Show some gratitude

Opened our eyes to the world indeed! :lol:

Your incredible ignorance is only surpassed by your breathtaking arrogance.

Britain was certainly not "built on the back of successive waves of immigrants" (perhaps you have us confused with America?) but on an Empire. It's far more accurate to say we are built on waves of _em_igration, so you really couldn't be more wrong.

Immigration to these shores was negligable until relatively recent times.

Share this post


Link to post
Share on other sites

It's heating up in here .... !

To a Pole coming over here and working a couple of minimum-wage unskilled jobs, that's the equivalent relative to cost of living back home of a British person moving to Elbonia and making 100k a year in a couple of minimum-wage unskilled jobs.

This makes me laugh. You invite them to do your dirty jobs then you grumble when they make a success of it. Yet at the same time you do not hesitate to price those same people out of their local property markets - yet you cry foul when they price you out of yours.

Stinks of hypocrisy would you not say ?

Of course it is. You work hard all your life and get crap for it... so why bother?

Such excuses !!!

Generally the English work ethic is very questionable. My parents came to England in the 60's, worked hard and now own four houses in London and two abroad, paid off & rented out. They live extremely well on their BTL's (I can hear the jealous howls of protest already). I know countless other immigrants like this.

Neither of them ever spent a DAY on benefits (my mum was even too proud to collect her family allowance - she did not accept charity) - and they were always so shocked at the idle English who would be content to piss their lives away in the pub or on benefits.

They slept on floors, saved every penny and put up with a ton of abuse. Yet they made something of themselves against all odds.

Now, I am not painting all English folk with the same brush. I am sure there are some out there who work hard and live sensibly.

But I find it very offensive (and I react in an equally inflammatory manner, as you can see) when I see posts like

This is why immigraton workers are NOT GOOD for this country. Not only do we OUTSOURCE our jobs. The ones we dont OUTSOURCE we INSOURCE the workers!!!!

Because such remarks are made out of pure jealousy and bitterness

Britain was certainly not "built on the back of successive waves of immigrants" (perhaps you have us confused with America?) but on an Empire. It's far more accurate to say we are built on waves of _em_igration, so you really couldn't be more wrong.

They raped India and other countries which were part of their 'empire' because they were too lazy to do the work competitively themselves.

They gave nothing back to them, now the English are on the receiving end of a shafting as India/China gain prominence and takes their jobs away and suddenly those poor proud brits are the vicitms.

Pathetic and funny, in a sad sort of way

Share this post


Link to post
Share on other sites

What jobs ? They only do the jobs you are not willing to do

Like being doctors and such like, get real they are taking all our jobs and are

certainly disproportional represented within most council jobs and as doctors

You may have never seen an asian emptying dustbins, well I have never seen an englishman pressing underlay in a garment factory

You have not lived much then have you

running an all-night grocers,

Thats true

or sweeping an underground station

yes and nor do i see many driving trains and that because the local councils love em and discriminate against whites

the polish plumber gives you value, he does the job cheaply and (usually) well. why so bitter ? your own kind would probably rip you off and leave the job half done while they hit the pub or the greasy spoon for a full english

Yes i like the polish workers but i'm talking about the other 99% who take the pi$$

By the way, englishmen have priced many locals where I live out of the market here - local people cannot afford to buy for all the expats - so where is the logic in your argument ? shall we have an exchange of populations ?

We should get the chavs to do a bit of work and stop letting anyone and everyone in the country as too many people like myself have been forced to move due to the flood of immigrants, it's our country and they have theirs

Tuberider

"This makes me laugh. You invite them to do your dirty jobs then you grumble when they make a success of it. "

Thats just it, we don't invite or want them but Tesco's pays bribes to our MP's so that they can have cheap labour and then you wonder why more and more people like me become pround to vote BNP

Edited by Justice

Share this post


Link to post
Share on other sites
Like being doctors and such like, get real they are taking all our jobs and are

certainly disproportional represented within most council jobs and as doctors

Not sure about that, where are all the british doctors ? Why such a shortage ?

Or maybe there aren't any because it's too much hard work to put yourself through medical school

better to study PR or media relations

yes and nor do i see many driving trains and that because the local councils love em and discriminate against whites

Very narrow viewpoint. Did the local councils discriminate against whites in the sixites when the jamaicans were sweeping the underground ? Did anyone complain back then ? No, because you needed them.

We should get the chavs to do a bit of work and stop letting anyone and everyone in the country as too many people like myself have been forced to move due to the flood of immigrants, it's our country and

they have theirs

Then get the hell out of my country - and everybody else's for that matter !

Thats just it, we don't invite or want them but Tesco's pays bribes to our MP's so that they can have cheap labour and then you wonder why more and more people like me become pround to vote BNP

You vote BNP because you are afraid of these people, you know you do not have the gumption to compete with them, and you fear they will overrun you.

(no extra charge for the psych evaluation Justice)

Share this post


Link to post
Share on other sites

A friend has recently bought in Bulgaria....but avoided the hotspots for foreign investors where a poky flat will cost you £40k..........instead he bought a large remote farmhouse for £12000................

I think all the people who've bought the kind of places Gavin described will get burnt but not in this case......

I've never understood wht people want to buy property in the latest fashionable place eg Bulgaria ,Dubai,...

Why not buy where no-one else is bothering...eg Dogbox's Germany or Serbia or TTRTR's Sweden......?

Surely there is better value in such markets than places that are all the rage for BTL investors.

Edited by Michael

Share this post


Link to post
Share on other sites

Bulgaria was a decent play 4 years ago. I got close to buying in Sofia as IMO I would get more reliable income in the capital than the holiday spots.

Sofia it turns out has rocketed in the last 24 months.

There is no viable second hand market in the Bulgarian resorts. There are tons of amateur and incompetent developers and investor safety is in doubt.

The key areas for me are Germany, Estonia (this will be a rich as Sweden of Denmark within 15 years) and Morocco. Morocco has risk but this can be vastly negated by choosing to deal with large Spannish and other developers which offer Bank guarantees.

FRANK KNIGHT have just released its Global price index annualised to the end of the first quater of 2006:

Estonia 17%, note it is much higher in the hotspots such as Talin. I would perhaps seek the equivolent of a Guildford or Hertford just outside the capital. New build should be approached with caution in case of rental saturation.

Denmark 16.1% (damn I missed that one)

Bulgaria 12.5% but this ignores the fact it is v hard to sell - on what with so much build

Sweden 8.5%

US 10.7%

GERMANY 0.2% ;)

Im a bottom fisher (insert appropriate Julian Clarey line here) so tend not to join the Moths at the brightest bulb.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 302 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.