They're not gonna risk their international rep just so some franchisee in Lithuania can sell a few extra new builds this year.
Not going to risk their what?
Well I'm not an economist either but I wouldn't be so arrogant as to dismiss the world bank and european commisssion.
[broken link removed]
From the World Bank website:
Most countries in the region are struggling to contain inflation. In the Baltics, Romania, and Bulgaria, strong wage and credit growth are leading to overheating and inflationary pressures. In other countries, currency weakening last year contributed to higher price pressures later in 2006. Another round of regulated price increases is expected in 2007, and the recent sharp decline in oil prices could help dampen inflationary pressures
I was unaware that the European Commission gave objective economic advice
SIgn, if you've never heard of Frank Kninght before then you must exist in a parallel universe that I'd certainly like to join you in. Frank Knight are a major player,.
Yes - i do have a fairly bullish outlook on property in general providing you look on a 5-10 year timeframe.The correct term is Knight Frank.
qwertyuiop, you sound like you've made up your mind regardless and seem to have a fairly bullish outlook in property in general.
I have been living in Lithuania since 2002 and I can tell it is the next big thing. Although time is running out.
PM me with questions if you wish
CJ
Yes - i do have a fairly bullish outlook on property in general providing you look on a 5-10 year timeframe.
Also - on a shorter outlook I do think that something very significant has to occur for a country to go from significant double-digit property increases to static or negative.
My main criteria at that point would be looking for the best financing package available to maximise my ROI.
And also look for the country which is most likely to sustain good growth in the short term.
And as a gamble to spice up the portfolio I may look at a country which may be about to boom significantly.
E.g. Perhaps Lithuania - hence this thread.
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