It's good to be back in this part of the world especially when you see the prices of real estate in such places as northern Europe. $5-6,000 a square foot is not unusual in Amsterdam, Stockholm or Helsinki. Interest rates are 8-10%. And as for St. Petersburg in Russia, well, home ownership is just out of reach of the average worker.
In the next day or so, I will have time to review our local market and report back.
Have a great 4th and keep it safe.
Tuesday, July 3, 2007
Subscribe to:
Posts (Atom)