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* G * O * A * N * E * T **** C * L * A * S * S * I * F * I * E * D * S *
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Enjoy your holiday in Goa. Stay at THE GARCA BRANCA from November to May
There is no better, value for money, guest house.
Confirm your bookings early or miss-out
Visit http://www.garcabranca.com for details/booking/confirmation.
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Mervyn and George
Apart from 'high' salaries in the UK for example, the equity on homes here
is such that people can get a loan, if necessary, at a drop of a hat. It is
now so customary for people to have a second home in the UK, Spain,
Portugal, Italy, Eastern Europe or the USA. The property in Goa is
effectively a third home for small change. I studied this intriguing
phenomenon among folks who stayed at my Goa hotel recently. All were UK
residents buying property in Goa like nobody's business. In turn, the Goans
in the UK were generally selling in Goa as they were getting older and felt
they could not maintain property ten flying hours distant from the UK and
with a heavy annual monsoon to contend with. Appropriation, theft and
robbery also detered property ownership among Goans. In many ways, this is a
very sad situation.
Cornel
----- Original Message -----
From: "Mervyn Lobo" <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>; "Goa's premiere mailing list, estb. 1994!"
<[email protected]>
Sent: Monday, July 17, 2006 4:56 PM
Subject: Re: [Goanet] Over 10, 00,000 sq mtrs land purchased by foreigners
in Goa
> ------------------------------------------------------------------------
> * G * O * A * N * E * T **** C * L * A * S * S * I * F * I * E * D * S *
> ------------------------------------------------------------------------
> Enjoy your holiday in Goa. Stay at THE GARCA BRANCA from November to May
> There is no better, value for money, guest house.
> Confirm your bookings early or miss-out
>
> Visit http://www.garcabranca.com for details/booking/confirmation.
> -----------------------------------------------------------------------
> George Pinto <[EMAIL PROTECTED]> wrote:
>> But is an undervalued rupee (or any currency for
>> that matter) give an undue advantage to those
>> holding dollars and pounds to buy more than they
>> otherwise could have?
>
>
> George,
> I believe that currencies are valued to perfection
> every day.
>
> The undue advantage that foreigners have is that they
> get paid ten times what Indians get paid for the same
> job in India.
>
> Mervyn3.0
>
>
>
>
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