03 Nov 2012 10:20 AM:
Love the positive vibe... LOL!
Realism, the straight down the line fact of the matter current situation. It's going to get worse before it gets better... and all the other "relevant" statements about today's state of the planet, I really don't think any of us are blind to these things.
What buyers are blind to are the things the Spanish want to keep quiet about while it's in their interest to line their pockets.
Some motion in the market - whether its big builders building shabby sheds or small builders constructing quelity and vice versa - whoever it is - the fact building is happening is a good thing, its providing jobs, turnover, revenue, wages, tax (if they pay it).
The downside is the re-sale market is being left to rot by the government who are pandering to the banks who are panicking - who are ultimately responsible for the mess.
Polaris World are in as much crap as any other constructor - in fact they I believe were recently bailed out by one town hall taking a development in lieu of debt. Builders are continuing on that ssite under the control of the town hall instead.
Thread:
Cranes back in the Skyline...I was amazed
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