tag:blogger.com,1999:blog-8492416005551532574.post1632303045506274218..comments2024-01-09T08:21:38.158+02:00Comments on Finnish Housing Bubble Bursting - Asuntokupla: Worse Than 1990 , part IIHousingFinlandhttp://www.blogger.com/profile/11208457813231210207noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-8492416005551532574.post-79554508473599214342009-01-04T07:26:00.000+02:002009-01-04T07:26:00.000+02:00lol,so nicelol,so niceAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8492416005551532574.post-51889039883828209192008-12-19T15:52:00.000+02:002008-12-19T15:52:00.000+02:00Hi Andrew,I will look into that. I almost thought ...Hi Andrew,<BR/><BR/>I will look into that. I almost thought it was some kind of advertisement ;->.<BR/><BR/>In Todays environment, it will be crazy to add more burden in the form of credit.<BR/><BR/>If banks are not willing to lend, i think it's more about people not willing to take on more debt.<BR/><BR/>Without debt the system can't work.<BR/><BR/>You wonder after all, if we don't have in our hand a massive Ponzy scheme...HousingFinlandhttps://www.blogger.com/profile/11208457813231210207noreply@blogger.comtag:blogger.com,1999:blog-8492416005551532574.post-48450887614270521832008-12-19T09:59:00.000+02:002008-12-19T09:59:00.000+02:00Just to clarify. My wife described the credit24 a...Just to clarify. My wife described the credit24 add and we thought it distasteful to prey on people marketing debt like that at this time of year.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8492416005551532574.post-55657007428171830212008-12-17T23:12:00.000+02:002008-12-17T23:12:00.000+02:00Credit24"Thanks Credit24 for helping me and my bab...Credit24<BR/><BR/>"Thanks Credit24 for helping me and my baby enjoy Christmas"<BR/><BR/>http://www.mcbfinance.com/content/investor/board.aspAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8492416005551532574.post-47766723049926850872008-12-17T19:20:00.000+02:002008-12-17T19:20:00.000+02:00Andrew, I agree with you. Information should be de...Andrew, I agree with you. Information should be deciphered and filtered as some much noise pollute the "right" information.<BR/><BR/>The good thing is that we have internet. So the news "cartel" have seen their power lowered but still influence, unfortunately, a vast majority of the public.<BR/><BR/>Internet allows you get different insight and learn what the news decide to censure or transform. Although, I'm not sure for how long search engine will not start their own either self or forced censure. Hopefully this time is still far ahead.<BR/><BR/>September and November saw a ceasure hapenning. The world in September and November are different especially after the collapse of Lehman that has speed up the credit downturn.<BR/>Now it's true that company is highly reliant on its management and vision. But with today global consumption collapse, the challenge has shifted from gaining market share to just surviving and securing financing for a year or two, hoping that a recovery is on schedule.<BR/><BR/>So the dice have been rolled. No one can clearly tell the outcome but everyone will agree on one thing: risks of further meltdown is increasing.HousingFinlandhttps://www.blogger.com/profile/11208457813231210207noreply@blogger.comtag:blogger.com,1999:blog-8492416005551532574.post-88297813244164791992008-12-17T19:09:00.000+02:002008-12-17T19:09:00.000+02:00Hi "Island Crow"Nice to hear you again- ...Hi "Island Crow"<BR/><BR/>Nice to hear you again- Thanks for the link, I made a short entries, where I put some views on how to treat such output from "thinktank" or "tanks" simply put ;->HousingFinlandhttps://www.blogger.com/profile/11208457813231210207noreply@blogger.comtag:blogger.com,1999:blog-8492416005551532574.post-17013145672131707142008-12-17T17:02:00.000+02:002008-12-17T17:02:00.000+02:00http://virtual.finland.fi/stt/showarticle.asp?intN...http://virtual.finland.fi/stt/showarticle.asp?intNWSAID=20578&group=Business<BR/><BR/>"Pellervo Economic Research Institute (PTT), Finnish thinktank, said in a statement Wednesday it saw inflation-adjusted house and flat prices falling by 15 per cent in 2009-11."<BR/><BR/>That is 5% a year...<BR/><BR/>Island CrowAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8492416005551532574.post-6000036638168787932008-12-16T22:09:00.000+02:002008-12-16T22:09:00.000+02:00Ha! Ha! Ha!Interest rate has dropped. http://www.k...Ha! Ha! Ha!<BR/><BR/>Interest rate has dropped. http://www.kauppalehti.fi/5/i/porssi/korot/<BR/><BR/>I bet next spring we see housing loan interest rates drop to 2%.Anonymoushttps://www.blogger.com/profile/08259497074130224441noreply@blogger.comtag:blogger.com,1999:blog-8492416005551532574.post-659793660306683282008-12-15T01:11:00.000+02:002008-12-15T01:11:00.000+02:00I think many aspects of this crisis are related to...I think many aspects of this crisis are related to banks and other parties like construction companies wanting bailouts.<BR/><BR/>As interest costs come down banks that lent freely can hold back passing on the costs and create more difficulties than there need be. And obviously their actions create wider effects.<BR/><BR/>In NZ there is shameless media distortion of figures for example for the next 12 months, there were 26% farmers expecting conditions to improve. 44% unchanged and 29% getting worse. The story was hysterical 'collapse in confidance' with net 3% of farmers saying things are getting worse'. Never mind the 70% of happy farmers with 54% remaining fully invested and 26% increasing investment - no mention of that. This is obviously the way to get a bailout. But it also creates a reality. Bit by bit if the media hammers away at this night and day they create that reality.<BR/><BR/>After a while even a person who attempts to be informed no longer actually knows what is real and what is just spin unless they actually visit firms and have inside contacts. The banks here fore example are not all having problems. Some are. But the media is full 'credit tightening'<BR/><BR/>In Finland many firms have either permanently or temporarily laid off workers. At this point in time we dont really know what is going to happen in March and beyond. When Wartsila reports at end of January it will be for me an important reality check as to what they say then, compared to what they said in late November when they were amazingly optimistic.Anonymousnoreply@blogger.com