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Date Joined: Jun 7, 2010 10:10:35 GMT -5
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Post by deyana on Jun 25, 2010 13:43:36 GMT -5
Did the recent credit crunch and down turn in the economy affect you at all? Has it started to pick up now where you are? Do you think it will be a while before prices for property go up to what they used to be? It didn't seem to affect us much here in Canada. The price of land hardly went down at all.  Although jobs were lost for sure, and various Companies did close down. But it was no where as bad as the US and other places. |
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Date Joined: Jun 7, 2010 10:10:35 GMT -5
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Post by deyana on Jun 25, 2010 13:44:08 GMT -5
fmt, you may know more about this? What are your views on the subject?
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Date Joined: Jun 7, 2010 10:10:35 GMT -5
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Post by deyana on Jun 25, 2010 15:59:39 GMT -5
It seems to strange to have an plane in a garage, yes.  Jeez. I would have spend all day just trying to keep that one clean and tidy.  Spinny, that's a good sign. |
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Date Joined: Jun 7, 2010 10:10:35 GMT -5
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Post by deyana on Jun 26, 2010 6:36:40 GMT -5
That would make sense, Spindrift. I'm sure there are places and areas in London that would never see the down turn at all, they will always be upmarket.
My particular house went up in price by 16% within the first 6 months of me purchasing it. That was nearly 5 years ago now. It's gone up considerably since then. We're not too far from the Capital city, and it's expanding this way, so no doubt the prices will just keep on rising.
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Date Joined: Jun 7, 2010 10:10:35 GMT -5
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Post by deyana on Jun 27, 2010 17:53:34 GMT -5
Really? Are the house prices due to fall or rise in the UK, do you reckon?
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Date Joined: Jun 7, 2010 10:10:35 GMT -5
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Post by deyana on Jun 28, 2010 19:10:10 GMT -5
It'll be interesting to see what this new government brings into affect.
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Post by Deleted on Jul 9, 2010 7:58:37 GMT -5
Real estate really slowed here for a while, my ex is in land surveying (which you have to have to have a bank loan to buy a property) and he practically went under. Laid off all his employees, moved his office into his house. Says he is making better money recently but still isn't in any need of any permanent employees. And the effect on my investments for retirement has been just awful. At this rate, I may never retire.
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Date Joined: Jun 7, 2010 10:10:35 GMT -5
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Post by deyana on Jul 9, 2010 16:04:14 GMT -5
Sorry to hear that it hit you so hard, gertie. I couldn't believe it when I saw how many people were losing their homes and businesses in the States. Let hope it's on an upward trend now.
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Date Joined: Jun 7, 2010 10:10:35 GMT -5
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Post by deyana on Jul 10, 2010 9:11:41 GMT -5
I've been looking at land (again). Saw a parcel of 62 acres not too far from here at quite a good price. It's getting more difficult to find these kind of deals now, I've found. I'm in two minds about what to do about it. Maybe I should just go and have a look.
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Date Joined: Jun 7, 2010 10:10:35 GMT -5
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Post by deyana on Jul 14, 2010 15:50:10 GMT -5
I've been checking on them on and off. The other day I saw a 100 acres parcel that looked very interesting. But it was in Ontario. I wouldn't move house, just like to have some land as an investment.
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Date Joined: Jun 7, 2010 10:10:35 GMT -5
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Post by deyana on Jul 14, 2010 16:09:27 GMT -5
It is a good investment, yes. You see, Canada is one of the few countries in this world that still has vast amounts of uninhabited land. Mostly forest land. Because of this it is (in the right areas) quite cheap to buy. I remember just a few years back you could by an agricultural farm with over 300 acres in Northern Ontario for just $40 to $50 thousand dollars!(That's like 25 thousand pounds for so). And that's with a house on it already. Not possible any more now though. But if you look enough, it's still possible to find land which will, for sure, go up in price. That's why it is such a good investment. I'm thinking of building a little cabin on it at some point in time. Maybe my son's can do that.
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Date Joined: Jun 7, 2010 10:10:35 GMT -5
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Post by deyana on Jul 16, 2010 12:50:02 GMT -5
Oh near a lake or on a lake would be ideal. But waterfront property goes is quite a bit more expensive. Although there is still a lot available, at least on the coast, near where I am. Cattle farming is common around here, but also vegetables and other animals too..
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Date Joined: Jun 7, 2010 10:10:35 GMT -5
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Post by deyana on Jul 16, 2010 17:12:50 GMT -5
I like it. I've lived in over 40 different places, many in Canada. And I like where I'm living right now the best. It's home. It's not perfect by any means. We have very cold winters and in the summer we get a lot of mosquitoes, not in the Cities but certainly where we are in the woodlands. But we also get the amazing clear starry skies and breathtaking sunsets and big round moons, not to mention the tranquility, beauty and wildlife of the area.
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Post by Deleted on Sept 5, 2010 4:11:22 GMT -5
property did go down here but its on the increase again.
Those two houses are just flippin HUGE. who the heck lives in a place that big. And the planes, i mean really now.
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Date Joined: Jun 7, 2010 10:10:35 GMT -5
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Post by deyana on Sept 5, 2010 20:44:55 GMT -5
Just the mega rich, James. Usually movie or sports stars etc.
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Date Joined: Jun 7, 2010 10:10:35 GMT -5
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Post by deyana on Sept 6, 2010 10:51:51 GMT -5
It makes all the difference, location is important. And being in easy access to London must be a Godsend, Sprindirft.
I'm about 40 mins from the City, but it's an easy drive, the highways are never clogged up around here. There is no public transport in this area though, it's very rural and it's not worth their while I guess.
I wouldn't mind having an apartment in the city too. That's something I have been contemplating for some time now. It won't be happening any time soon though....
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