I can show you hundreds of houses in the Republic which have had to lower their asking prices just this week. Go take a look at
http://www.thepropertypin.com/forum/
House prices are already crashing in the US. Stock markets are lurching all over the place and Mr Greenspan is muttering recession in his retirement.
Open skies may be a good thing, it may be a bad thing but its sure going to be moderate to severe turbulence as it shakes itself out.
As for the Middle East.. well.
We have had 3 or 4 years of good times for Wannabes. Now is a very good time. History teaches us that just as in 1990 and 2001 the times of plenty can suddenly, unexpectedly and viciously become times of famine.
I sincerely hope not. But it is what Wannabe history teaches us.
Cheers
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