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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 382.87-0.8%Nov 13 4:00 PM EST

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To: TobagoJack who wrote (92219)7/6/2012 4:24:36 PM
From: Maurice Winn7 Recommendations  Read Replies (2) of 217754
 
Bad idea; <President Francois Hollande wants to hike taxes on foreign-owned second homes as part of his plans to revive the nation's ailing economy and fill an £8billion hole in its budget. > Just today I was contemplating buying an apartment or house or something in the south of France where I am currently. That would have brought in a bunch of money to France, and spending money as well. Now, I can happily forget about it and consider somewhere more welcoming. They will get LESS money as a result of their dopey idea, not more. House prices will fall as foreigners abandon properties.

Mqurice
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