Comments on: Prices are starting to get me down http://www.finlandforthought.net/2008/08/10/prices-are-starting-to-get-me-down/ Politics, current events, culture - From Finland & United States Wed, 07 Jan 2009 04:19:12 +0000 http://wordpress.org/?v=2.7 hourly 1 By: HousingFinland http://www.finlandforthought.net/2008/08/10/prices-are-starting-to-get-me-down/comment-page-1/#comment-366605 HousingFinland Fri, 15 Aug 2008 18:35:35 +0000 http://www.finlandforthought.net/?p=7014#comment-366605 ;->, I have started the blog in October 2007 as there was clear sign of a turn around. Trying to send a clear signal to first time buyer as the rest (who already own a property before 2002) are immune anyway ... I suppose if internet had been available in 1989, I guess lots of people would have been warned, got the knowledge (not only a handfull of economist and wealthy people) Now it could have been they would have ignored the warnings and would have anyway bought as you are suggesting. But getting heavy debt for 30 years for an overvalued asset in a time when Europe is slowly very fast and is about to enter into a recession....might not a wise decision. I suggest to wait 1- 3 years to have a better view, what's 1-3 years compare to a 30 years sentence? ;->, I have started the blog in October 2007 as there was clear sign of a turn around. Trying to send a clear signal to first time buyer as the rest (who already own a property before 2002) are immune anyway …

I suppose if internet had been available in 1989, I guess lots of people would have been warned, got the knowledge (not only a handfull of economist and wealthy people)

Now it could have been they would have ignored the warnings and would have anyway bought as you are suggesting.

But getting heavy debt for 30 years for an overvalued asset in a time when Europe is slowly very fast and is about to enter into a recession….might not a wise decision.

I suggest to wait 1- 3 years to have a better view, what’s 1-3 years compare to a 30 years sentence?

]]> By: Freeridin' Franklin http://www.finlandforthought.net/2008/08/10/prices-are-starting-to-get-me-down/comment-page-1/#comment-366599 Freeridin' Franklin Fri, 15 Aug 2008 10:19:50 +0000 http://www.finlandforthought.net/?p=7014#comment-366599 #24: Then again, people have been saying that since, what, 1996? #24: Then again, people have been saying that since, what, 1996?

]]> By: HousingFinland http://www.finlandforthought.net/2008/08/10/prices-are-starting-to-get-me-down/comment-page-1/#comment-366584 HousingFinland Thu, 14 Aug 2008 18:40:54 +0000 http://www.finlandforthought.net/?p=7014#comment-366584 Price will go down drastically next year and the year after. That's what always happen when a country goes into a recession. This time it could be a little more painfull as it is the first time that ALL countries are in recession in a synchronous world thanks to a very high economical coupling. It is true that lots of local company have passed their cost to their client and ultimately to the Finnish comsumer. Who to blame for? as long as Finns buy grossely overvalued asset or do not change their past habit, the same game will continue. But the game has changed very rapidly in the past 6 months, the inflation you are currently witnessing is a lagging indicator, it just reflect the past few years where you had a credit binge, too much liquidity flowing and bankd lending to any mortals... What you got to look is forward...an expensive product won't sell to people who are living a deterirating economy where the threat of being fired get real. You know what happen...people will try to find cheaper or avoid the product...thus leading slowly to a deflationnary situation as it happen in 1991 and 2001. Time will who's right on that and could make a huge impact on your finance...ask the guy in the US why on earth he bought house in 2006?? when all were shouting that was price were ridiculously high...well you don't see the bubble until it burst. I don't read back what i wrote, kind of lazy, hope some comment won't hurt some, as sometime I write faster than my thought, a Homer style... http://housingfinland.blogspot.com/ Price will go down drastically next year and the year after. That’s what always happen when a country goes into a recession.

This time it could be a little more painfull as it is the first time that ALL countries are in recession in a synchronous world thanks to a very high economical coupling.

It is true that lots of local company have passed their cost to their client and ultimately to the Finnish comsumer. Who to blame for? as long as Finns buy grossely overvalued asset or do not change their past habit, the same game will continue.

But the game has changed very rapidly in the past 6 months, the inflation you are currently witnessing is a lagging indicator, it just reflect the past few years where you had a credit binge, too much liquidity flowing and bankd lending to any mortals…

What you got to look is forward…an expensive product won’t sell to people who are living a deterirating economy where the threat of being fired get real. You know what happen…people will try to find cheaper or avoid the product…thus leading slowly to a deflationnary situation as it happen in 1991 and 2001.

Time will who’s right on that and could make a huge impact on your finance…ask the guy in the US why on earth he bought house in 2006?? when all were shouting that was price were ridiculously high…well you don’t see the bubble until it burst.

I don’t read back what i wrote, kind of lazy, hope some comment won’t hurt some, as sometime I write faster than my thought, a Homer style…

http://housingfinland.blogspot.com/

]]> By: Tapani Pallomeri http://www.finlandforthought.net/2008/08/10/prices-are-starting-to-get-me-down/comment-page-1/#comment-366556 Tapani Pallomeri Wed, 13 Aug 2008 16:52:58 +0000 http://www.finlandforthought.net/?p=7014#comment-366556 @20 Dear Syed, don't let the subjects discussed here deter you from coming to Finland to study. We cover some very controversial issues. Finland has a lot of good stuff going on. The schools here are good and you can have a very positive experience here as a foreign student. Some foreign students even stay on to work afterward. Here is the foreign student entrance page to one university, for example: http://www.jyu.fi/hallinto/intl/en/ @20 Dear Syed, don’t let the subjects discussed here deter you from coming to Finland to study. We cover some very controversial issues. Finland has a lot of good stuff going on. The schools here are good and you can have a very positive experience here as a foreign student. Some foreign students even stay on to work afterward. Here is the foreign student entrance page to one university, for example: http://www.jyu.fi/hallinto/intl/en/

]]> By: Hank W. http://www.finlandforthought.net/2008/08/10/prices-are-starting-to-get-me-down/comment-page-1/#comment-366550 Hank W. Wed, 13 Aug 2008 13:40:57 +0000 http://www.finlandforthought.net/?p=7014#comment-366550 #1 Aren’t they lowering ticket prices in Helsinki? Nope - raising them. http://www.kauppalehti.fi/5/i/talous/uutiset/etusivu/uutinen.jsp?oid=2008/08/13659&sort=false #1 Aren’t they lowering ticket prices in Helsinki?

Nope - raising them.
http://www.kauppalehti.fi/5/i/talous/uutiset/etusivu/uutinen.jsp?oid=2008/08/13659&sort=false

]]> By: Hank W. http://www.finlandforthought.net/2008/08/10/prices-are-starting-to-get-me-down/comment-page-1/#comment-366524 Hank W. Tue, 12 Aug 2008 18:10:37 +0000 http://www.finlandforthought.net/?p=7014#comment-366524 SYED, I'd recommend you to go read www.finlandforum.org - your questions have been asked and answered numerous times quite recently. SYED, I’d recommend you to go read http://www.finlandforum.org - your questions have been asked and answered numerous times quite recently.

]]> By: SYED http://www.finlandforthought.net/2008/08/10/prices-are-starting-to-get-me-down/comment-page-1/#comment-366519 SYED Tue, 12 Aug 2008 14:32:20 +0000 http://www.finlandforthought.net/?p=7014#comment-366519 dear sir, thanks for bringing out such a nice site that provides valuable info.i have a query to make regarding migrating to finland.I an indian and studying in ireland.i want to know the average cost of living in finland and how easy is it to find jobs in finland for english speakers. dear sir,

thanks for bringing out such a nice site that provides valuable info.i have a query to make regarding migrating to finland.I an indian and studying in ireland.i want to know the average cost of living in finland and how easy is it to find jobs in finland for english speakers.

]]> By: Hank W. http://www.finlandforthought.net/2008/08/10/prices-are-starting-to-get-me-down/comment-page-1/#comment-366517 Hank W. Tue, 12 Aug 2008 14:18:58 +0000 http://www.finlandforthought.net/?p=7014#comment-366517 #18 yes, it was posted here about a month ago or so in the appropriate article by yours truly. #18 yes, it was posted here about a month ago or so in the appropriate article by yours truly.

]]> By: Anonymous http://www.finlandforthought.net/2008/08/10/prices-are-starting-to-get-me-down/comment-page-1/#comment-366516 Anonymous Tue, 12 Aug 2008 13:51:21 +0000 http://www.finlandforthought.net/?p=7014#comment-366516 At which level of marketshare Finnish law or EU law consider a company to have monopoly ? Does anyone know what is the respective marketshare of S and K groups in Finland ? At which level of marketshare Finnish law or EU law consider a company to have monopoly ?
Does anyone know what is the respective marketshare of S and K groups in Finland ?

]]> By: Tapani Pallomeri http://www.finlandforthought.net/2008/08/10/prices-are-starting-to-get-me-down/comment-page-1/#comment-366492 Tapani Pallomeri Mon, 11 Aug 2008 19:08:50 +0000 http://www.finlandforthought.net/?p=7014#comment-366492 The hypermarkets seem to have some sort of price cartel. The prices are so completely uniform everywhere I go. It is a truly boring drudgery to go shopping for the same old stuff with all the same prices. And now they are even raising the prices, uniformly. Noone bothers to have any competitive prices and noone has any sales worth mentioning. Getting wine into grocery stores could add some life to shopping. Especially if they sold some wines that Alko doesn't. (some good Emilia Romagna Sangiovese, please!) The HS article also suggested that over-the-counter medications would help. Sometimes when I have a headache, there is no pharmacy to be found. Why do I have to go to a friggin pharmacy to buy pain relievers, anyway? I end up bumming them from someone or suffering with the headache. (fortunately not often) The HS article also suggested that with better opening hours, it might improve things as well. The hypermarkets seem to have some sort of price cartel. The prices are so completely uniform everywhere I go. It is a truly boring drudgery to go shopping for the same old stuff with all the same prices. And now they are even raising the prices, uniformly. Noone bothers to have any competitive prices and noone has any sales worth mentioning.

Getting wine into grocery stores could add some life to shopping. Especially if they sold some wines that Alko doesn’t. (some good Emilia Romagna Sangiovese, please!) The HS article also suggested that over-the-counter medications would help. Sometimes when I have a headache, there is no pharmacy to be found. Why do I have to go to a friggin pharmacy to buy pain relievers, anyway? I end up bumming them from someone or suffering with the headache. (fortunately not often)

The HS article also suggested that with better opening hours, it might improve things as well.

]]> By: Freeridin' Franklin http://www.finlandforthought.net/2008/08/10/prices-are-starting-to-get-me-down/comment-page-1/#comment-366481 Freeridin' Franklin Mon, 11 Aug 2008 13:02:40 +0000 http://www.finlandforthought.net/?p=7014#comment-366481 Not to mention this one: http://www.hs.fi/talous/artikkeli/Masentavat+hypermarketit/1135238507040 Looks like they read FFT in Sanomatalo. ;) Not to mention this one:

http://www.hs.fi/talous/artikkeli/Masentavat+hypermarketit/1135238507040

Looks like they read FFT in Sanomatalo. ;)

]]> By: donkey http://www.finlandforthought.net/2008/08/10/prices-are-starting-to-get-me-down/comment-page-1/#comment-366480 donkey Mon, 11 Aug 2008 12:57:26 +0000 http://www.finlandforthought.net/?p=7014#comment-366480 Eeeee, Finland gets gold at the olympics! Eeee!! Eeeee, Finland gets gold at the olympics! Eeee!!

]]> By: Hank W. http://www.finlandforthought.net/2008/08/10/prices-are-starting-to-get-me-down/comment-page-1/#comment-366478 Hank W. Mon, 11 Aug 2008 12:56:45 +0000 http://www.finlandforthought.net/?p=7014#comment-366478 How appropriately just in HS today http://www.hs.fi/talous/artikkeli/Hypermarketit+eiv%C3%A4t+kilpaile+hinnalla/1135238507288 they say thet the hypermarkets don't care to compete with prices. How appropriately just in HS today
http://www.hs.fi/talous/artikkeli/Hypermarketit+eiv%C3%A4t+kilpaile+hinnalla/1135238507288
they say thet the hypermarkets don’t care to compete with prices.

]]> By: Freeridin' Franklin http://www.finlandforthought.net/2008/08/10/prices-are-starting-to-get-me-down/comment-page-1/#comment-366476 Freeridin' Franklin Mon, 11 Aug 2008 09:54:12 +0000 http://www.finlandforthought.net/?p=7014#comment-366476 #12: I'd rather hear some good fart jokes from Phil. Check this for inspiration: http://www.youtube.com/watch?v=s0Xe7-WDCak #12:

I’d rather hear some good fart jokes from Phil.

Check this for inspiration: http://www.youtube.com/watch?v=s0Xe7-WDCak

]]> By: majava http://www.finlandforthought.net/2008/08/10/prices-are-starting-to-get-me-down/comment-page-1/#comment-366475 majava Mon, 11 Aug 2008 09:40:18 +0000 http://www.finlandforthought.net/?p=7014#comment-366475 Hank (most likely to do so...), please write a new blog post about the Russian - Georgian thing, before this one gets hijacked! Hank (most likely to do so…), please write a new blog post about the Russian - Georgian thing, before this one gets hijacked!

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