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1 posted on 01/13/2013 7:35:34 PM PST by Lorianne
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To: Lorianne

This bears more investigating, thanks.


2 posted on 01/13/2013 7:54:03 PM PST by SaxxonWoods (....Let It Burn....)
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To: Lorianne

It is a property bubble ONLY IF their banks are handing out sub-prime mortgages. Only if they have similar laws and institutions as Fanny & Freddie. Only if their politicians are threatening the banks of serious investigations unless the banks grant mortgages to people who can never make the payments.

Note for many decades out properties kept on ascending merrily along, year after year with no problem. Only when the banks were blackmailed into giving out sub-prime loans the bubble burst.


3 posted on 01/13/2013 7:55:47 PM PST by entropy12 (The republic is doomed when people figure out they can get free stuff by voting democrats)
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To: Lorianne

Lots of Russian money going into houses in Finland.
They keep a low profile in Russia and have their resort get-a-way in Finland. Lakeside property is in great demand. Many lakes to choose from.


5 posted on 01/14/2013 12:19:45 AM PST by alpo (What would Selco do?)
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