There is a whiff of panicked uncertainty at the moment. The next big hit will be in Monolines and Bonds. 63 Stock exchanges globally are now over 20% down from previous levels which is the official indicator for a bear market. It’s going to get grizzly out there.
It is starting to **** me off…I had to sell one of my Bentley’s the other day and put my Monaco property up for sale.
I blame the financial press! It’s got a pretty long history of spin-making and fear-mongering If you look at the market results and do the analysis yourself, you see a pretty different story. It’s worth taking the time to do it to comfort yourself that the sky isn’t about to fall on our heads
Anyhow, what’s wrong with Wales? The roads are aaaaaaaaaaaaawesome (and they have huuuuuuuuuuuuuge cows too. I like cows :))
the secret is to keep calm yourself and let everyone else panic, if you didnt stretch too far on your last house/flat purchase, you could be laffin next year when the developers are trying to get rid of new builds
remember as long as you can cover the mortgage, the value of your property should, in theory, ‘adjust’ (read: freefall) along with everyone else’s…so who cares? :crazy: