Quote:
Originally Posted by Golfingworld
I think you are all missing the point..it doesnt matter one iota which form of àdministration`has been filed or who owned what land and where...the simple fact is who in their right mind is going to rush to Brazil to invest in off plan now (or any other country for that matter) and creat this wonderful stimulation that has been hyped for so long? World property is moving to crash it has only been delayed by peoples lack or realisation but as these companies go and stock starts getting dumped below cost the downward spiral continues and less investors come in to inflate the laready inflated prices .... pure economics and not the form of `pushing water up hill `economics that a lot of your Agents have been trying for too long now. Its bad news and good news, sad for thiose losing out good that reality will come back to markets......Spanish developers were always going to have problems due to their home markets being bust.
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GW, you had better sell your new property in Ponta Negra before it becomes worthless.
