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Non-Tech : Deflation
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To: JF Quinnelly who wrote (494)5/7/2009 11:49:28 PM
From: Maurice Winn1 Recommendation   of 621
 
Ah, I see. I should get around to checking real estate prices again [haven't done for a few months and they were still far above my buy price then].

Winter has arrived here and my northern hemisphere memories are very attractive.

I suppose it's easy to rent houses these days up and down California [and maybe even in Hawaii] at a reasonable price. Perhaps too in the South of France now the British have been pummeled and many must have to sell their mortgaged holiday home down south.

But with hundreds of millions of Europeans wanting holidays by the Mediterranean, I suppose rental prices won't fall far. Maybe they'll even go up as swarms of people who would have gone overseas plan to holiday at the end of the motorway system.

Mqurice
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