Desperate times for estate agents

[milanbenes]

Moscow,


sorry sorry sorry

you're right

it was Moose

Milan.

[Sysman]

Mule,

don't knock it, with all this bail out money being pumped into the systems and funded by tax payers, one has to wonder is the consequence will be inflation

if so, although a hard decision to stomach today, it may be a very shrewd medium term move to get out of cash and into property and assets which will rise with the inflation

those at the back, think long and hard before laughing at what I just said.

Hi Milan,

You have just reminded me of a story told by my German teacher at school. Apparently his father had sold a block of flats just before hyperinflation kicked in in Germany, and within a short space of time, the money he had got for his flats would only buy a wheel of cheese.

[AlfredJPruffock]

Hi Milan,

You have just reminded me of a story told by my German teacher at school. Apparently his father had sold a block of flats just before hyperinflation kicked in in Germany, and within a short space of time, the money he had got for his flats would only buy a wheel of cheese.

Another from Germany during the height of Hyper-Inflation - a shopper went into a butchers to buy some wurst - outside the shop she left a basket full of banknotes.

When she left the shop somebody had stolen the basket and left the money on the pavement.

[Peoplesoft bloke]

Hi Milan,

You have just reminded me of a story told by my German teacher at school. Apparently his father had sold a block of flats just before hyperinflation kicked in in Germany, and within a short space of time, the money he had got for his flats would only buy a wheel of cheese.

There's the problem, right there. If the Germans are supposed to be such brilliant engineers why were they making their wheels out of cheese? No wonder they needed to be kicked back into shape by a chippy Austrian with a comic moustache.

[NoddY]

Latest tactic

http://www.dailymail.co.uk/news/arti...ide-homes.html

"Rent dodgers are to be publicly shamed in a drastic new move from frustrated estate agents suffering in the economic crisis."

[MPwannadecentincome]

"The question is as to the best method of
protecting money in the current climate and
the simple answer is to invest in property. "

I wonder if he burst into a maniacal laugh as he wrote that similar to I did when I read it.

It all depends....

If you have the cash and do not need a mortgage AND you are in it for the long term and do not have to rely on continual rental income then buying carefully chosen property now is a very good idea in the right area.

Full marks from me to the estate agent for trying!

[AlfredJPruffock]

It all depends....

If you have the cash and do not need a mortgage AND you are in it for the long term and do not have to rely on continual rental income then buying carefully chosen property now is a very good idea in the right area.

Full marks from me to the estate agent for trying!

By the same logic. if you were to wait another year chances are you could select an equivalent property discounted by - 30 per perhaps even 70 per cent.

For time being - the smart money will stay out the property market.

[BrilloPad]

He's 'aving a larf ....


Paper late !", cried a voice in the crowd;
Mmm-mm-mm, "Old man dies,

The note he left was signed
"Old Father Thames" - it seems he's drowned
Selling England by the Pound

Citizens of Hope & Glory
Time goes by - it's "the time of your life"
Easy now, sit you down
Chewing through your Wimpy dreams
They eat without a sound
Digesting England by the pound

top quality genesis post

[Tensai]

top quality genesis post

Thankfully not of the Sarah Palin variety....

[Stan.goodvibes]

I think apartments in Spain are particularly good value at the moment...