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Rod Speed Rod Speed is offline
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Default The House the 50s Built

harry wrote
Weatherlawyer wrote
John Williamson wrote


Investing in building projects is always the first to go when the
economy hits a downturn. Your cash is seriously drained for a 1 or 2
year period depending how quickly you can sell the finished product.


In the meantime you would have been earning interest
on the capital on some other investment.


It was an eye opener to me when the work dried up no that long after
they started importing east Europeans at 2/3 the going rate and about
6 months before the actual crashes happened like dominoes.


True for a commercial builder.
However if you have any money, now might be the time
to invest it in value enhancing options on your own house.
(A bit of DIY!) Unless you cn think of some other investment.


I have a bad feeling about inflation over the next few years.
I think we are all going to hell on a handcart.


Bet that doesn't happen with inflation, essentially because
of the severe recession western europe will see.

You lot might well end up in very deep **** indeed as the
eurozone implodes completely, but that wont be with inflation.