First some recent news in the property markets. As we are all aware, the "credit crunch" is having an effect on property prices and transaction volumes around the world.News from certain quarters is worse than others, yet some segments are still attracting buyers at what can only be described as silly prices.
The Lehman brothers' collapse has halted construction on a golf community development in Tennessee.
Luxury Homes on Hold in Tennessee
Luxury Home markets in Taiwan have "Frozen to Ice," according to a leading real estate agent.
Luxury Real Estate in Taiwan suffering
John McCain's former house went up fpr auction this month.
Failed presidential candidate's home for sale :)
Property prices in France plummet
Real Estate values falling in France
On a brighter note, I was lucky enough to get to see a brand new € 200 million mega-yacht up close recently.
Photos of the Phillipe Starck designed mega-yacht "A"
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