NormanH Posted October 26, 2010 Share Posted October 26, 2010 http://www.midilibre.com/articles/2010/10/25/A-LA-UNE-Des-taux-tres-bas-mais-des-prix-toujours-hauts-1432605.php5 Link to comment Share on other sites More sharing options...
woolybanana Posted October 26, 2010 Share Posted October 26, 2010 Goody, I think Link to comment Share on other sites More sharing options...
cooperlola Posted October 26, 2010 Share Posted October 26, 2010 I need somebody like Judie to answer this properly, I suppose, but since when was it not in the interests of estate agents to say that now is a good time to buy property? Link to comment Share on other sites More sharing options...
woolybanana Posted October 26, 2010 Share Posted October 26, 2010 It has been around for a few weeks, this story, Pooky. That arch-capitalist Norman just caught up and broke it! Link to comment Share on other sites More sharing options...
NormanH Posted October 26, 2010 Author Share Posted October 26, 2010 It is simply a reflection of my own experience, where the agent nr suggesteda price 20% more than I expeted, and the final price was 5% better.But we have a specific demographic trend here which might no be true everywhere Link to comment Share on other sites More sharing options...
mint Posted October 26, 2010 Share Posted October 26, 2010 [quote user="cooperlola"]I need somebody like Judie to answer this properly, I suppose, but since when was it not in the interests of estate agents to say that now is a good time to buy property? [/quote]Coops, you're right, they always do say that it's never been a better time to buy!Like the FX man who rang me day before yesterday telling me that if I don't forward buy at this very time, there will be a double dip recession and he could see the rate going back down to parity or worse...........If it wasn't for the fact that I HATE people trying to scare me and make me act IMMEDIATELY, I might, just might, have believed him! Link to comment Share on other sites More sharing options...
Alan Zoff Posted October 26, 2010 Share Posted October 26, 2010 Capitalism only works if there are people selling expectations - up or down. Link to comment Share on other sites More sharing options...
AnOther Posted October 27, 2010 Share Posted October 27, 2010 [quote user="NormanH"]It is simply a reflection of my own experience, where the agent nr suggesteda price 20% more than I expeted, and the final price was 5% better.But we have a specific demographic trend here which might no be true everywhere [/quote]So was that an overall 25% more or just 5% more than you initially expected ?Specific demographic trend - would that be the NormanH fan club moving in to be close to their idol perhaps [6] Link to comment Share on other sites More sharing options...
P-D de Rouffignac Posted October 27, 2010 Share Posted October 27, 2010 No surprises there, then. Century 21 (850 offices across France) reported back in July record annual rises in Paris of 8.48% and even higher at 11% in Provence/Cote d'Azur. Average in Languedoc-Roussillon of 7%. In October, the Observatoire de logement reported mortgage rates at 3.30% - the lowest since 1945, the previous record bening 3.36% at the end of 2005 (excluding insurance). Clearly just estate agents trying to talk up the market and pressure gullible investors. P-D de R. Link to comment Share on other sites More sharing options...
Chancer Posted October 27, 2010 Share Posted October 27, 2010 Well you certainly seem to have been doggedly doing your bit, the above being your most common type of posting! [:P] Link to comment Share on other sites More sharing options...
idun Posted October 27, 2010 Share Posted October 27, 2010 As long as it just keeps going along with salaries I have nothing against such a thing happening, but I cannot see there being salary hikes at the moment.When we sold our house I worked out if inflation/crazy speciulation had had an effect on it and it had not. The price we recieved was bang on in line with husband's salary increases over the 25 years we had had the house. And to me that was OK. Link to comment Share on other sites More sharing options...
NormanH Posted October 27, 2010 Author Share Posted October 27, 2010 [quote user="AnOther"][quote user="NormanH"]It is simply a reflection of my own experience, where the agent nr suggesteda price 20% more than I expeted, and the final price was 5% better.But we have a specific demographic trend here which might no be true everywhere [/quote]So was that an overall 25% more or just 5% more than you initially expected ?Specific demographic trend - would that be the NormanH fan club moving in to be close to their idol perhaps [6][/quote]This region has a high number of baby-boomers moving in from the North of France, as well as Dutch, Belgians, Germans, all in seach of the Mediterranean climate at a lower price than the Côte D'AzurI got 5% more, but people weren't put off visiting by the 20% more which the starting price represented.But we are talking tiny numbers.Less than the price of a good car... Link to comment Share on other sites More sharing options...
sid Posted October 28, 2010 Share Posted October 28, 2010 [quote user="NormanH"]This region has a high number of baby-boomers moving in from the North of France, as well as Dutch, Belgians, Germans, all in seach of the Mediterranean climate at a lower price than the Côte D'Azur[/quote] Which region? Have I missed it?Why not add you region to your "side bar" details, it makes it so much easier to understand when region matters are discussed. [;-)]Sid Link to comment Share on other sites More sharing options...
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