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Strategies & Market Trends : SiliconInvestor All Stars Forum -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (1431)	10/3/2007 7:18:58 AM
From: SouthFloridaGuy	Respond to of 1718

The arguments in London are so compelling, it gets me to scratch my head. Petrodollars, Eastern European wealth, tax shelter money, hedge funds... The last one I can say will be a smaller contributor, but what brings down the Russian and Arab money which is seemingly price insensitive? I think part of the puzzle deals with much better information flow here in the States about trends, inventories, etc. For instance, I love the months of inventory statistic, but I can't find anything like it published in the U.K. And forget about equivalent websites to housingtracker.net As far as the ordinary Londoner, affordability is zilch. I compare the compensation of my New York analysts with that of my cousin who is also an analyst and it's about the same. But cost of living is 33% higher for shelter and 100% higher for just about everything else.