Wednesday 16 November 2011

Does property beckon - not in the west - time to look east

Does property beckon? - Europe and all of its calamities, daunting experience with no going back.  Can this be right?  First time in 54 years that I have had no home in what is affectionately known as Blighty, I have sold up and traveled to pastures new.  The UK may be steeped in culture, populated with Palaces and Castles, it might be a green and pleasant land but full of opportunities, it is not. 

A Bali Sunset from; The Leading Villas of Bali
To the ambitious entrepreneur it holds very little by way of excitement and opportunity.  The UK is shackled by corporate business greed, leaving the little guy to flounder, peddling so hard to pay their winter fuel bills as they heat their homes throughout what has now become harsh winters.  Due to all the taxes on our fuel at the pumps traveling to work is a mortgage in itself and hardly makes the experience worthwhile.

Home ownership once the dream of many, inspired by Maggie during her infamous Thatcher years.  This brainchild was really if the truth be known intended to lock everyone into huge debt so much so that they had no choice but to work for companies within constrained corporate processes. So we could earn  every available penny to fund our homes and family lives.  We live in a dream, when we finish paying for our properties only then does the reality dawn; we still through our council tax are only ever renting our paid up castles.  Dream on.... 

Corporate UK now burdened by the stupidity of the banks, who incidentally fund the conservative party, as if they want to go up against their paymasters, is in a fiscal mess; austere mess.  Small business are stifled by faceless processes and draconian decisions, good companies are bled to death as they strive for success, loans are refused which stifle any expansion even as order books improve. 

I recently came across a house developer who had build a substantial property, this property on completion is valued at $3M, almost all of this build was self funded, that is apart from $150k needed to complete this ambitious project.  He approached the banks for as loan, they granted him a $150K mortgage payable only upon completion, they would not fund the $150K to complete.  I'm sorry but how absurd is that!  

We are now trapped by faceless corporations over which governments of this world have no control.
The world is no longer full of opportunity it is full of absurdity that is....... Check back for the continuation of this story..


There is hope expand east - talk to Statura.co.uk 

If it is a holiday you need talk to: 
Luxury Villas in Seminyak 
luxury villas in Seminyak

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