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Forum: Australia

Jan 13th 2012, 8:21 am

Replies: 358

Pound = $ 1-64

Views: 48,544

Posted By DC10

Re: Pound = $ 1-64

Someone will be along in a moment to tell you that it's only the Sterling figures which count (which couldn't be further from the truth in an Expat Forum context).

Forum: Australia

Jan 13th 2012, 4:35 am

Replies: 358

Pound = $ 1-64

Views: 48,544

Posted By DC10

Re: Pound = $ 1-64

Around Westerham is one of my favourite spots in Kent and you can buy a decent property there for half that (http://www.findaproperty.com/for-sale/westerham.kent/properties?maxprice=350000)

Forum: Australia

Jan 13th 2012, 12:10 am

Replies: 358

Pound = $ 1-64

Views: 48,544

Posted By DC10

Re: Pound = $ 1-64

You might have made about 10% because you were wise enough to buy Sterling at the all-time Sterling:Euro low. But any time prior to that and you'd have been scr*wed good 'an proper too.

Forum: Australia

Jan 12th 2012, 11:41 pm

Replies: 358

Pound = $ 1-64

Views: 48,544

Posted By DC10

Re: Pound = $ 1-64

It has in much of the North, Midlands and Wales, and and even bigger crash has been masked by the collapse in Sterling.

If in 2007 you'd paid US$1,000,000 (and you can choose virtually any...

Forum: Australia

Jan 12th 2012, 10:47 pm

Replies: 358

Pound = $ 1-64

Views: 48,544

Posted By DC10

Re: Pound = $ 1-64

I do, and am :eek:

Forum: Australia

Jan 12th 2012, 10:29 pm

Replies: 358

Pound = $ 1-64

Views: 48,544

Posted By DC10

Re: Pound = $ 1-64

The crash and burn could happen very quickly here (and in China). Nobody in Aus seems to have paused to consider the impact of a rapid 20-30% fall in house prices as seen elsewhere. With everyone...

Forum: Australia

Jan 12th 2012, 11:07 am

Replies: 358

Pound = $ 1-64

Views: 48,544

Posted By DC10

Re: Pound = $ 1-64

Well it goes without saying that the UK is very, very lucky to have done its Euro-crashout in 1992 rather than having to contemplate it now.

Not sure exactly how the UK can emerge from the...

Forum: Australia

Jan 12th 2012, 10:54 am

Replies: 358

Pound = $ 1-64

Views: 48,544

Posted By DC10

Re: Pound = $ 1-64

Really is extraordinary. If the Aussie:USD goes back to $1.10 (quite possible) then we'll see Aussie:GBP down into the 1.30-range

Presumably there was some more dire economic news out of the UK...

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