TaunSew
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May 26, 2014, 01:24:44 AM |
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Probably the same. Houses in every country remain on market for years, even decades, until they find some sucker to buy it off them. Eastern Europe is full of terrible homes that are listed for $500K+, like it's a joke. Local people pay different price. Most likely the estate agency trying to find sucker abroad. Maybe in Bulgaria or Serbia but there's no "pay different price" in most of Eastern Europe. The real estate bubbles are rather extreme in those countries since no one is building enough new homes - and the lack of building is more a reaction to a lack of consumer purchasing power, what's the point of becoming a builder and building homes if the locals can't afford to buy? Many people in Eastern Europe still make less than $10K/year and there isn't cheap credit like in the west, so I don't see this changing anytime soon, there's a lack of incentive for builders to construct. Therefore an artificial shortage of home will result in existing inventory being overvalued due to scarcity.
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There ain't no Revolution like a NEMolution. The only solution is Bitcoin's dissolution! NEM!
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bryant.coleman
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May 26, 2014, 02:01:14 AM |
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Local people pay different price.
Most likely the estate agency trying to find sucker abroad.
That is the problem. For example, farmland in Ukraine costs just around 1/20th of that in the United Kingdom. Right now, there are limits on the purchases of agricultural land by the foreigners. Once Ukraine joins the EU, those restrictions will be lifted and 90% of the Ukrainian farmland will end up with large corporations such as Monsanto.
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TaunSew
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May 26, 2014, 03:42:53 AM |
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Local people pay different price.owner and they hire people to farm the land for them, that is how my cousin had a summer job during university, he was a literal farmer with no supe
Most likely the estate agency trying to find sucker abroad.
That is the problem. For example, farmland in Ukraine costs just around 1/20th of that in the United Kingdom. Right now, there are limits on the purchases of agricultural land by the foreigners. Once Ukraine joins the EU, those restrictions will be lifted and 90% of the Ukrainian farmland will end up with large corporations such as Monsanto. Ukraine doesn't need Monsanto or any capital - they already have billionaires with more capital than they know what to do with it. Lifting foreign ownership is largely just going to result in land speculators who won't do anything with the land, they'll just introduce scarcity and make it painful for China and the Arabs who want to lease Ukrainian land for food production (foreign investors who want to create jobs for local Ukrainians, unlike the speculators). I'm familiar with this in my locale - a lot of the best farming land has been untouched for decades as it's all owned by speculating foreign Germans who aren't doing anything with the land, which largely has resulted in negative consequences in employment and food costs due to scarcity of land.
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There ain't no Revolution like a NEMolution. The only solution is Bitcoin's dissolution! NEM!
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bryant.coleman
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May 26, 2014, 04:53:42 AM |
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Ukraine doesn't need Monsanto or any capital - they already have billionaires with more capital than they know what to do with it.
None of the local billionaires are interested in agriculture or farmland. The agricultural industry in Ukraine is still devoid of large enterprises. The farmland is mostly owned by individual farmers or collectives. They will find it hard to compete with the EU giants, and will be forced to sell their land and move to some other profession.
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kuroman
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May 26, 2014, 05:08:17 PM |
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Probably the same. Houses in every country remain on market for years, even decades, until they find some sucker to buy it off them. Eastern Europe is full of terrible homes that are listed for $500K+, like it's a joke. Local people pay different price. Most likely the estate agency trying to find sucker abroad. Maybe in Bulgaria or Serbia but there's no "pay different price" in most of Eastern Europe. The real estate bubbles are rather extreme in those countries since no one is building enough new homes - and the lack of building is more a reaction to a lack of consumer purchasing power, what's the point of becoming a builder and building homes if the locals can't afford to buy? Many people in Eastern Europe still make less than $10K/year and there isn't cheap credit like in the west, so I don't see this changing anytime soon, there's a lack of incentive for builders to construct. Therefore an artificial shortage of home will result in existing inventory being overvalued due to scarcity. this is the case in a lot of countries, prices for forgners that are presented by international agents are way over priced, while sometime they are in neighbouhoods that are built for that purpose sometimes it's a trap, local prices are much lower
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bryant.coleman
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June 01, 2014, 01:22:55 PM |
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Trading
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Nothing like healthy scepticism and hard evidence
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June 02, 2014, 04:56:19 AM |
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It's well known that right sector and other nationalist para-military groups provided for security in Kiev since almost all the cops were fired because of connections to the previously government (see an old news on it: http://www.friatider.se/swede-patrols-ukraines-streets-with-right-wing-paramilitaries). That says much about abuses from the new Government. And there are para-military units connected to the right-sector in eastern Ukraine, with some links with the Ukrainian army. The fact that the Svoboda controlled the ministry of defense until 25 March could explain that. But on the 25 its minister was replaced by a general with no political links to this party. And it seems the right-sector has taken no party in the hostilities with rebels, but mostly harassed civilians, as said by rebels ( http://www.strategic-culture.org/news/2014/06/02/right-sector-looting-attacking-citizens-eastern-ukraine-donbass-battalion-commander.html). Since the candidates of Svoboda and the right sector had less than 2% in the recent presidential elections, it's amazing that Ukraine keep the first in the Government with all the political cost this has.
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bryant.coleman
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June 02, 2014, 05:14:28 AM |
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And it seems the right-sector has taken no party in the hostilities with rebels, but mostly harassed civilians, as said by rebels Just yesterday, leader of the Right Sector, Dmitro Yarosh claimed that he has recruited 23 mercenaries from Kiev, to take part in the fight against the Donetsk People's Army. They are taking an active part in the fighting, as well as looting and harassing the residents of Donbass.
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Trading
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Nothing like healthy scepticism and hard evidence
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June 02, 2014, 05:20:17 AM |
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The information that the right sector hasn't take part in the hostilities is presented by a commander of the rebels, not by the Ukrainian government.
And this conclusion seems to be typical of a band of amateurs, that like to show off for the pictures, but don't have what it takes to do the real fight.
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bryant.coleman
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June 02, 2014, 07:37:29 AM |
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And this conclusion seems to be typical of a band of amateurs, that like to show off for the pictures, but don't have what it takes to do the real fight.
They are amateurs. Most of them without much of military training. But remember that it didn't prevented them from going to Chechenya during the unrest there and taking part in the beheading of Russian soldiers.
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gmx95
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July 19, 2014, 05:14:43 AM |
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This latest tragedy with the Malaysian aircraft looks like a conspiracy designed to drag Russia into the war. No investigation has been conducted yet everyone already assigned the blame to Russia somehow.
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ElitistCA
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Blockchain Just Entered The Real World
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October 06, 2014, 08:41:29 PM |
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This latest tragedy with the Malaysian aircraft looks like a conspiracy designed to drag Russia into the war. No investigation has been conducted yet everyone already assigned the blame to Russia somehow.
+1 Also, they have black boxes and after one week, USA demanded secrecy and all parties had to agree, that they will tell what happend only in case that all will share the same opinion... that means, researches from other countries have no right to disagree with American opinion.
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