In this report I cover the recent geopolitical crisis in the Gulf States and how Qatar has been given ten days to fulfil a set of ultimatums issued by other Arab states.
I warn that the London property market could be hit by the problems
in the Middle East as Qatar is the biggest owner of London property.
Arab States Issue 13-Point Ultimatum: http://www.zerohedge.com/news/2017-06-23/arab-states-issue-13-point-ultimatum-qatar-include-unfriend-iran-shut-down-al-jazeer
Qataris Own More of London Than the Queen: http://www.telegraph.co.uk/business/2017/03/17/qataris-london-queen/
Isnt that a good thing for the citizens of London. Often times, these speculators tend to cause a city's property prices to soar because of their speculation and only the city's citizens suffers. Probably might be a good thing from the people's perspective.
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I agree with you. It could lead to more affordable housing but it could also hurt a lot of people and businesses to depend on the current state of the property market.
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True plus with the whole saga of Brexit, could be good or bad depending on which hat you are wearing. guess the citizens would like that but the bureaucrats will hate it.
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This demonisation of Qatar has really come out of nowhere. I cannot help thinking that this is all a hoax to find a reason for war, given that the Syria attempts have failed. Either that or its a deliberate roadblock to the Clintons escape plan ? (now theres some conspiracy theory for you :) )
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Not only is it a problem for the housing market, but the stock markets as well. I wrote this article earlier this week on the Qatari Sovereign Wealth Fund.
https://steemit.com/gold/@silverdroneman/what-s-safer-gold-silver-the-crypto-s-or-stocks-the-possible-qatar-investment-fund-liquidation
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That's fascinating!
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Wow this is ridiculous.
What is all that property even used for by the qataris?
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@arckrai The Qataris have made a fortune from oil and gas and have as a result invested the proceeds all over the world and particularly in London.
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Thanks for the video Maneco64, if you do not mind I'd like to upvote and follow you here and on Youtube so that you show up in my news feed.
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Sounds like the Canary in the coal mine of London property!
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We will have to wait and see but there is a possibility that it could turn out to be just that.
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I remember about 2 years prior to the London Olympics everyone brought into the area around the Olympic village based on what would be certain investment. However the property market worldwide fell and all the value was lost well before the Olympics even happened. So Micro \ Marco timing is all important. I feel a large worldwide event could easily be the main driver in the real big moves in property.
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Could the uk government freeze Qatar 's assets to try and keep the markets stable. Or could Qatar just pull everything out
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Yes that's a possibility.
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Glad you pronounce Qatar correctly :)
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