“the developing world are still doing okay flogging rubbish to Brits and Irish who haven’t a clue what they are doing with their money. Greed and ignorance are still driving sales, but the jig will be up before long.
Mark: Not all the developments are rubbish in any Country or anytime of the economic/property cycle. The old, buyer be aware applies now as it allways did. The majority of the buyers know what they are doing as there are more satified buyers than the ones who sadly got caught out. As pointed out on the forum on many occassions.
I think, greed is a motivating factor but like all things in life it has to be managed and controlled.