Author Topic: Apartment downvalued by nearly 50%!  (Read 11016 times)

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Offline chewyturk

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Apartment downvalued by nearly 50%!
« Reply #30 on: March 13, 2010, 14:38:13 PM »
I am probably going to get slated for saying this - but an apartment in Calis "worth" £73000 - i don't think so!!

It may cost £73k because over the years rich Brits with no clue about values have pushed up prices ridiculously, but it certainly isn't worth £73k - especially in the current economic climate!

If you like it and are happy to pay that much money then fair enough I suppose, but i certainly wouldn't.

Just my humble opinion.



Offline Scunner

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Apartment downvalued by nearly 50%!
« Reply #31 on: March 13, 2010, 14:45:18 PM »
Values come from demand and supply Chewy  ;)

Offline chewyturk

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« Reply #32 on: March 13, 2010, 16:03:53 PM »
quote:
Originally posted by Scunner

Values come from demand and supply Chewy  ;)



Yeah that's the problem - we were happy to supply too much money and they now demand it lol ... [:o)]

Offline Scunner

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Apartment downvalued by nearly 50%!
« Reply #33 on: March 13, 2010, 16:08:03 PM »
I fear "agree to disagree" is the only way for us  ;)

Offline c1

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Apartment downvalued by nearly 50%!
« Reply #34 on: March 15, 2010, 14:33:50 PM »
I think are reaching in turkey as uk the balancing point between over supply ie to many new home built to few customers to the position of under supply ie not enought being built or just built to order, the danger is/will be people parting with cash to builders before completion (and the builders dissapearing or going bust or not completing etc)and in this market keith idea of assured deposit would be more workable/ marketable and a much safer palace to put your hard earned.my usual commision rate applies to all marketing / PR work kieth ;)
« Last Edit: March 15, 2010, 14:36:03 PM by c1 »

Offline Andrew H

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Apartment downvalued by nearly 50%!
« Reply #35 on: March 18, 2010, 23:04:05 PM »
If only I could understand what that last comment is all about!

Offline cheers

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Apartment downvalued by nearly 50%!
« Reply #36 on: March 18, 2010, 23:30:08 PM »
Many years ago I studied Economics at Senior school and that feller who wore a mortar board and had that big black cloak on frightened me to death!!

The first thing he taught us was the meaning of the word "Economics"

"Economics is the study of mans needs and the way they are satisfied by the production of goods and services".

Out of all the things I learnt in school that has stuck with me all my life!

After thinking about it do you need any more info?





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