Uh, oh, if this survey
Uh, oh, if this survey extrapolates my neighbours only have a 9/16 chance of me being right about their, uh, habits.
View ArticleWhen you say prospector you
When you say prospector you don't mean the old guy digging in the dirt, do you? You mean the son of a wealthy elite chinaman who had the funds to start a company who would pay to have others dig up...
View ArticleCanada belongs on that list
Canada belongs on that list too, prices tripled from 01 to 08 and barely pulled back in the crash, infact the bubble has only gotten bigger because of cheap money.
View ArticleThere once was a Finn who got
There once was a Finn who got fatYou can thank easy credit for thatBut just like the restThings soon weren't the bestAnd he ended up eating his cat
View ArticleThe "prospector" got a
The "prospector" got a license to mine in a particular area. Licenses for what might be good areas are manna from heaven, but yes, afforded only to those who made it past the Gate. At the same time,...
View ArticleExcess Liquidity has to find
Excess Liquidity has to find an asset class to re=balance portfolios
View ArticleFinnish are Finished! – But
Finnish are Finished! – But not yet …Nobody escapes the wrath of bubble economics and the Fins are not nobody.(That last one was tricky but once you understand it you may apreciate it.)
View ArticleOf course the prices are
Of course the prices are going up over there. Where the heck do you think the US whites are fleeing from the NWO to - Mexico?
View ArticleIn 2005 you could get a Swiss
In 2005 you could get a Swiss fixed rate mortgage over 10 years for 2.5%
View ArticleArticle says: "90% of loans
Article says: "90% of loans are of the highly dangerous adjustable rate variety"Banksters say in Finland that adjustable rates are wise because rates are now below inflation rate. Adjustable rate...
View ArticleLTRO going to only make
LTRO going to only make things worse not better http://tinyurl.com/7sbluhg
View ArticleI expected housing prices
I expected housing prices will fall in Finland somewhere 2014-2016, as fall would be catastrophic to Helsinki metropole area. Government will do everything to stop it, many political leaders have large...
View Article"The 2008 global financial
"The 2008 global financial crisis should have taught everyone their lesson once and for all, but we are clearly living in a world filled with excruciatingly slow-learners." Could it be that it has...
View ArticleAnother thing fueling the
Another thing fueling the Swedish housing bubble is the infinity mortgage. You don't have to pay down a home loan at all; you can just pay interest forever.I also think 30% overvaluation is too little....
View ArticleWelcome to the dark side.
Welcome to the dark side. And not only is it a healthier, happier and more fulfilling way of life, but we're doing our part to starve the beast. Less is more, brother.
View ArticleWell you can only loan up to
Well you can only loan up to 85% of the value of your house in Sweden.Norway just took that law as well.So many house owners have some marginals at least.When it comes to Norway... there is no...
View ArticleThe 15 % "cash law" has just
The 15 % "cash law" has just had the dubious efffect of banks giving customers a personal loan at a higher rate than the 85 % mortgage loan....Add to that the deductibles for renovations..But according...
View ArticleOk, I thought they forbid
Ok, I thought they forbid blanco loans or at least that banks didn't give it since they see it as to big risk.
View ArticleLondon is NOT UK, its
London is NOT UK, its Oligarchy land; an island of real estate in a sea of sheeple dismal state. Just like the uber-City, its very elitist lungs and heart pump, is not the UK sheeple economy. The...
View ArticleI live in Sweden and the
I live in Sweden and the prime minister 'Fredrik Reinfeldt' has developed into a fully fledged EU dictator with spied placed everywhere in government and at the unemployment office to monitor any...
View ArticleIt is that bad. Things are
It is that bad. Things are about to fall apart in a very bad wayTRUE ! http://www.statewatch.org/People are simply not awake and have no idea what is going on
View Articledeleverage will burst the
deleverage will burst the bubblehttp://www.jinrongbaike.com/ http://www.cnhedge.com/
View ArticleWhat a disaster this market
What a disaster this market state has become - we had bubbles of course during the nation state years(8 to 1 leverage) but nothing like this frequency & intensity.Its the Basle rules / Banking...
View ArticleVV +1 brother I can only see
VV +1 brother I can only see DM reader scum sat behind the Police barricade chomping down scones and tea, scoffing at the yoof of today. Terribly British you know! Not that they help themselves, if...
View ArticleI left for Norway a few years
I left for Norway a few years back.A bit more freedom here, at least the media is more free.60% higher pay, less tax the first 2 years. 0,5h less working time a day. And many more working benefits.
View ArticleHow would these real estate
How would these real estate price chart look like if priced in gold ?
View ArticleI used to work in London. The
I used to work in London. The prices ARE nuts. But one cannot look at London in a vacuum. If you ever travel to Asia and look at prices there, you will be amazed. Check out prices in the big cities in...
View ArticleNo Norway or Turkey for me I
No Norway or Turkey for me I am leaving Europe permanently as far away as possible.
View ArticleThe Swedish housing bubble is
The Swedish housing bubble is popping as we speak. About time... But this is what you get when you keep rates low and you let the lie of forever rising prices linger on. Your home is a cost, not an...
View ArticleI have a lot of friends in
I have a lot of friends in India. While the prices are insane, your average buyer is not leveraged as I understand it. A lot of people often misunderstand how the property markets work in China and...
View ArticleDutch bubble is fueled by the
Dutch bubble is fueled by the 0-payment stimulus and the mortgage frenzy when banks loan out 6~7 times your anual wage in mortgage. Middleclass couples could get a mortgage for a way too expensive...
View ArticleProperty would be a great
Property would be a great investment if you could actually own some.
View ArticleI can tell from your deep
I can tell from your deep thoughts that you are obviously in the over 100 IQ range. [/snark]
View ArticleBeing a sheople? Demanding
Being a sheople? Demanding and embracing your chains? Scorning liberty?Being able to watch any Mainstream Media propaganda without retching?OK wait here is my serious answer- (although the above...
View ArticleI feel your pain brother but
I feel your pain brother but I would love to swap with you.I would flee to Scandanavia land any time for any reason. if I could only afford to live there. My meager funds would keep me there a few...
View ArticleMr. Wemmick has two words for
Mr. Wemmick has two words for you:portable property."...when you pry it from my cold dead hands." C.Heston on one type of portable property with defensive capabilities.
View ArticleArticle leaves out a key
Article leaves out a key factor: there must be an oversupply of houses at inflated prices. Right now, there is inflated demand in particular areas within countries, where there is no excess of supply...
View ArticleEminent domain isn't a tiny
Eminent domain isn't a tiny fraction of the risk that taxation is... (in fact, having been associated with numerous eminent domain cases, I'd say it might even be beneficial if you can get the right...
View ArticleDespite this, if you take
Despite this, if you take away people's ability to borrow money easily, the prices always come down. Arguably, there is no "surplus housing" in Tokyo either but prices are 70 percent lower than in 1989...
View ArticleUK house prices are down 80
UK house prices are down 80 percent since 2005 if measured in gold ounces.
View ArticleVery true, but even in Sweden
Very true, but even in Sweden where shortages are all over, eventually people just can't afford it anymore, even with free money. And as soon as things turn downwawrd, the spiral starts. Why buy a...
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