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Question Details: 1 out of 10 Brits are now emigrating to live overseas and loads more are buying overseas properties. Why aren't they blamed by the people of destination countries whilst the Japanese were criticised badly when they did it in 80's? HongKong Chinese were also blamed when many of them emigrated to Canada because they prompted the house price increase.

2007-03-15 14:49:04 · 5 answers · asked by truthofmatter 2 in Society & Culture Other - Society & Culture

5 answers

1. One in ten 10 Britons means 6 millions - that's a significant figure, regardless of what anyone else says.

2. We are being blamed
a) However, we are very unlikely to know about it in the British media, let's be honest here. Look at the extensive advertising of foreign property that is going on, coupled with a strong pound. Less obvious places like Bulgaria, Northern Cyprus and even Brazil are now being targetted, and the effect is to create huge increases in property prices, which put home ownership befond the means of local people. But we are not going to hear about those kind of disadvantages, because they don't directly affect us.

b) Read this article about the attraction of Bulgarian property for external buyers, and note the mention about local people .....
"One of the main Bulgarian advantages on the global real estate market is that despite its European location, its property prices are not European. At least not yet. They have been continuously growing up in recent years thus rewarding early buyers. You can get a nice apartment in one of the best quarters in the capital - Sofia - for about 1 000 Euro per sq.m. The cost of the agricultural land starts from about 80 Euro per 1 000 sq.m. For the Bulgarian standard of living (middle salary 250 - 300 Euro per month) these prices are not affordable at all, but compared to the sum which a citizen of another European country pays for a real estate it is a lucky bargain. And so far local market should keep the balance between the price which a local buyer could afford to pay and the new-coming possibilities of foreign buyers."
http://www.xeal.com/articles/Facts-about-real-estates-in.htm

2007-03-17 00:05:09 · answer #1 · answered by ♫ Rum Rhythms ♫ 7 · 0 0

Probably because 1 out of 10 brits is not a large number. I live in the US, am married to a Brit, and have met very few Brits. Japanese came in as corporations, not usually individuals. They came and invested and stayed home. There are very few Brits in my area (Minnesota), and not many in California where I am originally from. There has been no great influx.

2007-03-15 14:53:57 · answer #2 · answered by April H 3 · 0 0

Didn't you get the memo? It was decided that on Thursdays we'd focus only on what we liked. All blame, guilt, shame and regret are scheduled for Tuesdays, at 1:43am. If you're asleep, then you'll be considered present at the meeting.

2007-03-15 14:58:35 · answer #3 · answered by Oz 2 · 0 0

because inspite of the look the media provide it, the Brits in yet another united states account for decrease than the smallest portion of that united states's housing market. bear in options, even in Britain the finished inner most Rented Sector debts for decrease than 11% of the housing inventory, yet we are always informed purchase-To-enable and Landlords are "everywhere".

2016-12-02 01:55:59 · answer #4 · answered by Anonymous · 0 0

Because they are bringing multiculturalism to other countries.

2007-03-16 01:11:18 · answer #5 · answered by thunor 5 · 0 0

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