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British Expats Rush to Sell Euro Properties

 
skymovingcloud
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User ID: 11171736
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05/25/2012 05:46 AM
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British Expats Rush to Sell Euro Properties
Data released today from a survey of British foreign property owners showed that 39 percent were trying to sell up in Greece, 34 percent in Spain and 23 percent in Portugal.

[link to www.cnbc.com]
Have you received enough light yet?
Anonymous Coward
User ID: 16500459
United Kingdom
05/25/2012 05:48 AM
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Re: British Expats Rush to Sell Euro Properties
Can you blame em? ship out and move to the moon!!
skymovingcloud  (OP)

User ID: 11171736
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05/25/2012 05:49 AM
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Re: British Expats Rush to Sell Euro Properties
Can you blame em? ship out and move to the moon!!
 Quoting: KromaZone


hidingwtf
Have you received enough light yet?
Anonymous Coward
User ID: 16601644
United Kingdom
05/25/2012 06:03 AM
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Re: British Expats Rush to Sell Euro Properties
One of a few reasons. Such as political, financial etc.

If national socialism rises again in places like greece, anybody who owns greek property who isnt greek will probably have it taken from them by the government, the same could be said in some other countries due to a collapse.

Could be people are just poor because of the state of the EURO and have had to sell up and downsize.
Anonymous Coward
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05/25/2012 06:08 AM
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Re: British Expats Rush to Sell Euro Properties
Can you blame em? ship out and move to the moon!!
 Quoting: KromaZone


hidingwtf
 Quoting: skymovingcloud


Take your time LOL
F F S

User ID: 1430651
United Kingdom
05/25/2012 06:09 AM
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Re: British Expats Rush to Sell Euro Properties
One of a few reasons. Such as political, financial etc.

If national socialism rises again in places like greece, anybody who owns greek property who isnt greek will probably have it taken from them by the government, the same could be said in some other countries due to a collapse.

Could be people are just poor because of the state of the EURO and have had to sell up and downsize.
 Quoting: Anonymous Coward 16601644


I think that is highly likely, not sure it will be the government but the people who will remove them. Gotta remember that Spain was under military control not that long ago
Anonymous Coward
User ID: 271053
United Kingdom
05/25/2012 06:11 AM
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Re: British Expats Rush to Sell Euro Properties
Data released today from a survey of British foreign property owners showed that 39 percent were trying to sell up in Greece, 34 percent in Spain and 23 percent in Portugal.

[link to www.cnbc.com]
 Quoting: skymovingcloud


those xpats are in a whole world of trouble

when Greece exits the Euro next month the whole of Europe will turn in to a war zone,they should just pack their bags and go its to late to sell their property now
Anonymous Coward
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Australia
05/25/2012 06:15 AM
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Re: British Expats Rush to Sell Euro Properties
this must affect a lot of retirees.
skymovingcloud  (OP)

User ID: 11171736
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05/25/2012 06:16 AM
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Re: British Expats Rush to Sell Euro Properties
Can you blame em? ship out and move to the moon!!
 Quoting: KromaZone


hidingwtf
 Quoting: skymovingcloud


Take your time LOL
 Quoting: KromaZone


spock
Have you received enough light yet?
skymovingcloud  (OP)

User ID: 11171736
United Kingdom
05/25/2012 06:17 AM
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Re: British Expats Rush to Sell Euro Properties
this must affect a lot of retirees.
 Quoting: Anonymous Coward 16373155


For sure
Have you received enough light yet?
Anonymous Coward
User ID: 16601644
United Kingdom
05/25/2012 06:17 AM
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Re: British Expats Rush to Sell Euro Properties
I think that is highly likely, not sure it will be the government but the people who will remove them. Gotta remember that Spain was under military control not that long ago
 Quoting: F F S


Me too, i really hope it doesnt happen but i have this sinking feeling violence is coming to europe, and greece is probably going to be the first.
Anonymous Coward
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United Kingdom
05/25/2012 06:18 AM
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Re: British Expats Rush to Sell Euro Properties
Me too, i really hope it doesnt happen but i have this sinking feeling violence is coming to europe, and greece is probably going to be the first.
 Quoting: Anonymous Coward 16601644


its reality

a bloodbath is coming!
Anonymous Coward (OP)
User ID: 11171736
United Kingdom
05/25/2012 08:41 AM
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Re: British Expats Rush to Sell Euro Properties
hiding





GLP