Quote Originally Posted by fred View Post
Yes..Just a few years ago property values here boomed...
Actually I say boomed but that could be the wrong word..The prices increased along with building materials such as rebar that hit their peak 2 years ago so as usual here the boom was fueled by inflation and the tons of cash sent from OFW`s..I am constantly amased on the budgets that people come up with to build houses,resorts and apartment buildings here ALL OVER THE R.P..
Rebar is pretty damned cheap now due to a lack of demand by the Chinese but cement,sand and gravel is more expensive then its ever been driving the market price up generally..
I cant see a dip in prices or demand at all..
Weird eh?
Spooky even.


Sorrynot sure..Well off my manor these days!!
I`ll ask around though..
Well im guessing lots of people moving back or over with redundancy, life savings or on the pensions as many companies as they closed there final salary pension schemes all those that could jump did so early. Then all the OFW's who have called it a day seems far queiter in earls court these days i think many must have gone back..