Talk of the impending General Election dominates the news, fuelling intense debate in every taverna across the land, as the parties lay down their manifestoes for escaping the economic doldrums. Greeks love talking about politics and they love elections even more, although that may be due to the extra holiday given for voting and for recovering from the ordeal.
Despite the onset of the peak holiday season visitor numbers continued to fall on Lanzarote during August. According to the latest figures just released by the Spanish airport operators AENA. Which reveal that the number of tourists spending their summer holidays in Lanzarote fell by 16.68% last month versus August 2008.
AFL’s grand final is only weeks away – and that markets the traditional Spring selling season in Victoria and the rest of Australia. The spring buyer are out in force in the Melbourne property market – but is this the sign of better things to come in the Australian property market – or just another false dawn?
More on Property Investment in Australia – How’s the Market?
Far be it for me to suggest that the amount of lawsuits being leveled at the major property developers in Dubai is the reason for this, but Nakheel, Emaar and Limitless have all pulled out of this years Cityscape Dubai.
I don’t usually print other people’s articles, but as we all start looking towards the future (hopefully having learned something from the past) I thought it appropriate to do so. This is a letter by Prudential’s COO Bernard Winograd and worth reading. I will be seeking out other opinions in the future to republish.
More on Property Investment – The Credit Crisis and – The Future Part One
Has the time come to take a second look at the fire sale property market in Queensland? Well I’m not sure but I think it might be time to check out a bargain, particularly if you are looking to live in a modern Queensland apartment for at least the next 10 years – and here’s why I say that.
More on Queensland Real Estate Investment – Is This The Time?
Property Investment Peloponnese: Tripolis – One For The Future
For many years, Greece has been a prime destination for Northern Europeans and Americans wanting to live the dream and buy a holiday home in the sun. However, successive Greek governments have instilled measures to deter investors and prevent ‘flipping.’
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The property investing scene in Australia is a bit of mess – as usual the real estate agents would tell you, without a moments hesitation, that now is the time to invest! The stock market specialists, on the other hand, would say that property is still way over-valued.
More on Property Investing in Australia – Is 2010 the Year to Invest?