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Topic: So... is there any country left without a real estate bubble? (Read 4644 times)

full member
Activity: 160
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santa cruz bolivia.  goodluck  dealing with the communist populist government though.
legendary
Activity: 966
Merit: 1001
Energy is Wealth
Prices have been on the rise for a while after something of a crash around here.  I wonder how current prices compare to the peak.
I am moving soon to here to, love the Caribbean flair.
sr. member
Activity: 448
Merit: 250
Changing avatars is currently not possible.
Prices have been on the rise for a while after something of a crash around here.  I wonder how current prices compare to the peak.
legendary
Activity: 2142
Merit: 1131
I think Albania has a lot of potential. I do not know property prices there, but it is a low-cost country. If the politics/economy gets on track, it may become a mayor tourist destination, as it's nicely situated by the Mediterranean.

Most of Eastern Europe country are low cost but the corruption is insane :
Less than 300€ average salary, huge Hummer/Mercedes everywhere, spot the problem...
full member
Activity: 224
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One bitcoin to rule them all!
I think Albania has a lot of potential. I do not know property prices there, but it is a low-cost country. If the politics/economy gets on track, it may become a mayor tourist destination, as it's nicely situated by the Mediterranean.
legendary
Activity: 2142
Merit: 1131
Quote
So... is there any country left without a real estate bubble?
No, even in Myanmar (Burma) the house prices are out of control.
Now what you think is the most expensive capital in the world London, Moscow, no far of its Luanda.
Yes thats right the capital of Angola. A one-bedroom apartment  in the city centre costs £7,500 ($ 12000) a month to rent. Huh
http://www.dailymail.co.uk/news/article-2183616/Luanda-The-capital-Angola-expensive-city-world.html

Wow... Luanda is crazy but the country has a huge growing economy.
legendary
Activity: 966
Merit: 1001
Energy is Wealth
Quote
So... is there any country left without a real estate bubble?
No, even in Myanmar (Burma) the house prices are out of control.
Now what you think is the most expensive capital in the world London, Moscow, no far of its Luanda.
Yes thats right the capital of Angola. A one-bedroom apartment  in the city centre costs £7,500 ($ 12000) a month to rent. Huh
 
http://www.dailymail.co.uk/news/article-2183616/Luanda-The-capital-Angola-expensive-city-world.html
hero member
Activity: 490
Merit: 500
Canada actually managed their banking system well enough that they dodged the whole real estate bubble thing that we had here in the states.
sr. member
Activity: 476
Merit: 250
I don't understand.
The OP is looking for a country with a real estate bubble or not?
And if he wants a house to live in (not to invest in real estate) why the bubble matters?
 Huh

The bubble matter because you want to buy after it exploded.

You don't need to own the house/flat you live in, you can rent (to someone) some houses/flats that you previously bought after a bubble exploded and use this income to rent and live anywhere you want.

OP says he wants to buy a property to live on...
legendary
Activity: 2142
Merit: 1131
This page shows the number of subpages, not the number of deaths.
Better check this out: "World earthquake map captures every rumble since 1898"

And this: "61 years of Tornado tracks"


Amazing...
full member
Activity: 309
Merit: 100
I'd take the risk of earthquake over Fukushima any day.

Besides, Chile is no more risky on the earthquake measure than our friends daily face in Alaska, California, and other areas.  Think of the great San Francisco earthquake, for example.  Chile woulda looked like a mighty good place to be on that day!

Wikipedia > Earthquakes by country > Count the deaths > Come back and say it again

http://en.wikipedia.org/wiki/Category:Earthquakes_by_country
What does this page suppose to mean ?



Just a measure to compare the number of deaths in the Us vs Chile

This page shows the number of subpages, not the number of deaths.

Better check this out: "World earthquake map captures every rumble since 1898"



And this: "61 years of Tornado tracks"
legendary
Activity: 2142
Merit: 1131
I'd take the risk of earthquake over Fukushima any day.
Besides, Chile is no more risky on the earthquake measure than our friends daily face in Alaska, California, and other areas.  Think of the great San Francisco earthquake, for example.  Chile woulda looked like a mighty good place to be on that day!
Wikipedia > Earthquakes by country > Count the deaths > Come back and say it again
http://en.wikipedia.org/wiki/Category:Earthquakes_by_country
What does this page suppose to mean ?
Just a measure to compare the number of deaths in the Us vs Chile

It's not a significant measure, to compare you must include the ratio of inhabitant per km² and the fact that a earthquake can happen almost anywhere in the world despite the datas. Moreover, when an earthquake happen in an area we don't expect it, it is way more deadly because human are not prepared.

Anyway that's not the subject.
hero member
Activity: 826
Merit: 501
in defi we trust
I'd take the risk of earthquake over Fukushima any day.

Besides, Chile is no more risky on the earthquake measure than our friends daily face in Alaska, California, and other areas.  Think of the great San Francisco earthquake, for example.  Chile woulda looked like a mighty good place to be on that day!

Wikipedia > Earthquakes by country > Count the deaths > Come back and say it again

http://en.wikipedia.org/wiki/Category:Earthquakes_by_country
What does this page suppose to mean ?



Just a measure to compare the number of deaths in the Us vs Chile
legendary
Activity: 2142
Merit: 1131
I'd take the risk of earthquake over Fukushima any day.

Besides, Chile is no more risky on the earthquake measure than our friends daily face in Alaska, California, and other areas.  Think of the great San Francisco earthquake, for example.  Chile woulda looked like a mighty good place to be on that day!

Wikipedia > Earthquakes by country > Count the deaths > Come back and say it again

http://en.wikipedia.org/wiki/Category:Earthquakes_by_country
What does this page suppose to mean ?


It doesn't change the fact that you can live in an area after an earthquake but not after a nuclear disaster.
hero member
Activity: 826
Merit: 501
in defi we trust
I'd take the risk of earthquake over Fukushima any day.

Besides, Chile is no more risky on the earthquake measure than our friends daily face in Alaska, California, and other areas.  Think of the great San Francisco earthquake, for example.  Chile woulda looked like a mighty good place to be on that day!

Wikipedia > Earthquakes by country > Count the deaths > Come back and say it again
full member
Activity: 154
Merit: 100
Johnny Bitcoinseed
I'd take the risk of earthquake over Fukushima any day.

Besides, Chile is no more risky on the earthquake measure than our friends daily face in Alaska, California, and other areas.  Think of the great San Francisco earthquake, for example.  Chile woulda looked like a mighty good place to be on that day!
hero member
Activity: 826
Merit: 501
in defi we trust
I've heard good things about Chile - plus the southern hemisphere is less exposed to radiation from nuclear power plants (think of the US west coast and Japan) and potential nuclear war and all that good stuff.

and all that "good" stuff Chile is away from includes earthquakes?
full member
Activity: 154
Merit: 100
Johnny Bitcoinseed
I've heard good things about Chile - plus the southern hemisphere is less exposed to radiation from nuclear power plants (think of the US west coast and Japan) and potential nuclear war and all that good stuff.
legendary
Activity: 2142
Merit: 1131
I don't understand.
The OP is looking for a country with a real estate bubble or not?
And if he wants a house to live in (not to invest in real estate) why the bubble matters?
 Huh

The bubble matter because you want to buy after it exploded.

You don't need to own the house/flat you live in, you can rent (to someone) some houses/flats that you previously bought after a bubble exploded and use this income to rent and live anywhere you want. This allow you to live in a place with a big bubble estate without getting fucked when it burst.
sr. member
Activity: 476
Merit: 250
I don't understand.
The OP is looking for a country with a real estate bubble or not?
And if he wants a house to live in (not to invest in real estate) why the bubble matters?
 Huh
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