Thursday, 8 November 2012

Flying Piggies ...



"In a report titled: “Just don’t look down some house markets are flying again” Goldman Sachs argues easy money policies by the world’s major central banks has had a ripple effect on countries which have avoided the worst of the global financial crisis, boosting their house prices.
According to Goldman, there now exist housing “high-flyers” - countries that have experienced real house price increases and “low-lyers” - countries where the housing market downturn appears to be more protracted.
“High flyers” include Germany, Finland, Norway, France, Switzerland and Israel as well as Canada and Australia." Source: CNBC

"What goes up, goes down", ConfuciusHousingFinland

5 comments:

Andrew said...

Confuscious was probably aware of the dangers of living in a period without a gold standard where money could be whatever value suited those who benefit most from the value

In fact, I am reliably informed that Confuscious he say that those who rely on government to maintain value of fiat currency, need head examined.

Balmat said...

Indeed Bad News in Europe in general...
We are all firing people, I was fighting in my firm to make them understand that the Double Deep will start in 2012 ... They did not follow my advises ... We are now paying the price....
Interesting article
http://www.bloomberg.com/news/2012-10-25/finland-battered-by-real-job-cuts-as-crisis-ages-nordic-credit.html

HousingFinland said...

@Balmat
Indeed a very interesting article.

@Andrew
Government & Central Banks have been playing the alchemist, maybe thinking what they touch will be transformed into gold. It could turn to be an illusion and get very quickly sour and out of control...where everything turn to dust if they continue printing (keeping interest rates that low and artificially maintaining some rates low) as fast as the economy deteriorate.

urgent cash offer said...

Are you in need of a loan? Do you want to pay off your bills? Do you want to be financially stable? All you have to do is to contact us for more information on how to get started and get the loan you desire. This offer is open to all that will be able to repay back in due time. Note-that repayment time frame is negotiable and at interest rate of 3% just email us creditloan11@gmail.com

Loan Offer said...

Hello Everybody,
My name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of S$250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of S$250,000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius,via email:(urgentloan22@gmail.com) Thank you.

BORROWERS APPLICATION DETAILS


1. Name Of Applicant in Full:……..
2. Telephone Numbers:……….
3. Address and Location:…….
4. Amount in request………..
5. Repayment Period:………..
6. Purpose Of Loan………….
7. country…………………
8. phone…………………..
9. occupation………………
10.age/sex…………………
11.Monthly Income…………..
12.Email……………..

Regards.
Managements
Email Kindly Contact: urgentloan22@gmail.com