Tuesday, September 4, 2012

What goes for London goes for Manchester goes for Sofia…

Sofia's new metro system keeps Bulgarian capital house prices up

"[House] Prices in Sofia have been declining in recent months, with values 2.5 per cent lower than last year in July August, but the areas around the new metro line have remained stable - and, in some places, actually increased." The Home-Owner-Ists refer to this as "location location location", I refer to it as "Ricardo's Law of Rent", it's more or less exactly the same thing, it's only the conclusions we draw are diametrically opposite.

Posted by mark wadsworth @ 01:18 PM (836 views)
Please complete the required fields.

One thought on “What goes for London goes for Manchester goes for Sofia…

  • Any attempt to sound like a scientist Marx. Even though you known nothing. This is obviously to do with supply and demand, which is due to location, and the quality of location is affected by transport. Your Marxist objection to land as an asset class seeks justification and you will lie to justify your class hatred. You say home-ownerist, I say, normal people wanting a home. You use your inflammatory language, typical of socialist radicals to justify re-distribution of wealth via taxation on land. I say, this destroys the economy.

    Your nonsense musings about Ricky from Eastenders and his junk so called economic theories bought from the market, talked about in the local pub, are just plain wierdo.

    Please complete the required fields.

Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>