Exactly Hatfield girl, what about the people who sold in 2007 and got out of sterling into euros. The people whose speculative wealth is backed by government, us.
Not speculative wealth. Not really. Just ordinary savings and investments. And yes, I know that's not the correct way to look at it. But if you work at your jobs and don't consume all your wages, and put some aside, and invest the sum for the future, it's a bit hard to be classed with raving gamblers.
If an investor from Euroland had bought a UK house in August 2007, the eve of the financial crisis, today that investment would have lost 41 percent.
6 comments:
But if you sold your London flat in 2006 and bought a house in Florence...
Thank you
Rambo
Rambo,
It was a pleasure, now go and recommend my blog to ten friends.
Alice
10 more people to also see the google adds. One wonders how much money it makes you. Can you buy that house yet :)
Exactly Hatfield girl, what about the people who sold in 2007 and got out of sterling into euros.
The people whose speculative wealth is backed by government, us.
Not speculative wealth. Not really. Just ordinary savings and investments. And yes, I know that's not the correct way to look at it. But if you work at your jobs and don't consume all your wages, and put some aside, and invest the sum for the future, it's a bit hard to be classed with raving gamblers.
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