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Old 09-08-2008, 05:50 PM
bhc bhc is offline
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Join Date: Jul 2008
Posts: 34
Default No crash in France yet

The market has gone quiet. We have gone from 30 emails a day to about 2/3 a day. We are in the Limousin where prices have gone up about 500% over the last five years. Prices will come down but not on the scale of the US market.
If you stick to Cannes / Paris you can still make money on rentals.
But the days of buy and selling in France and making large chunks of money are over just now. Its time to sit tight.
Forget buying to let on 70%/80% mortgage you are just asking for trouble just now.
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