Search results

  1. C

    Fiscal trogolytes and property values

    Currencies, no one can predict. One will emerge as stronger out of this. My guess is probably the USD strangely enough. Gold is having a good day as well. In Deflation, well yes everything deflates, including living costs, probably rents and cabages. Assets tend to depreciate more than...
  2. C

    Fiscal trogolytes and property values

    Actually Keith, the CDS's on spain and ireland have increased massively in the last week. For Ireland 5 year credit default swaps on government bonds are about 250 basis points (2.5%) or a 1:40 chance for their government to default on government debt in the next 5 years. Now that is pretty...
  3. C

    Fiscal trogolytes and property values

    I would not invest based on the premise that only what I think is possible can occur. It is easier to imagine something when it occurs ! I agree with a lot of what NR has to say. I think it is very possible residential property will fall by 50%. That's just my view. I also think it is very...
  4. C

    Fiscal trogolytes and property values

    Well that's the question isn't it ? Why do you think it is different ? Remembering that people in the US thought exactly what you did, as did the people in the UK.
  5. C

    Fiscal trogolytes and property values

    It's like the super bonanza from John, a poison chalice. A bit of a boom and more downdraft. The government has great timing. I wonder if FHB's will be able to get another handout later if their properties do not do so well. First reduce returns on term deposits to zero, get everyone to...
Back
Top