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The reports for the real estate that have been compiled and released by ‘Nomisma’ show that the Italian property markets have depreciated by close to 2% in the first six months of this year. The recovery of the Italian real estate market will happen sometime next year as the economic recovery happens. The report has also shown that the volume of the residential Italian real estate for sale was at least 30% than the properties that were sold prior to 2008 cheap nike air max wholesale uk , when the crisis erupted.


In the first 6 months of 2009, the prices for the Italian real estate for sale dropped by 2.5% as compared to 2008. However in the latter half of 2009, these prices somewhat improved and fell again in the half of 2010. According to the report, the prices for international real estate for sale have improved quite well. For the same to happen in the Italian real estate market will take some time as the firm recovery is a long way off.


It has also been anticipated that by the end of 2010 cheap nike air max trainers uk , unemployment would have risen quite sharply and will stand at nearly 11%. Property prices in the real estate in Italy are expected to shrink further and could do so by as much as 7% – 8%. Though Italy is the 4th largest economy in the EU, it has a relatively underdeveloped mortgage market. The contribution of the mortgage industry to the GDP is around 20%. However this percentage is extremely low as compared o 50% of GDP for other countries.


In Italy, most of the real estate transactions and dealings are actually done through savings and not by taking mortgage loans for buying real estate in Italy. Even though low interest rates are prevalent in Europe, the weakened economy of Italy will impact the growth of the real estate in Italy.


Italian rentals are quite low and the many other factors such as high transaction taxes and many laws that prevent the owner from increasing the rents also make Italian rentals quite low. As of now the Italian rentals as compared with the International rentals are quite low at 5%. Even Rome cheap nike air max mens , which is the capital city Italy, has rental yields of 5%, while the rental yields in the suburbs are around 3.5%.


Taylor White is an international real estate investor and leading the charge at International Real Estate Listings the worldwide leader in Italy real estate and Italy real estate listings. Italy real estate owners, agents cheap nike air max womens , and developers are encouraged to create an account, upload an unlimited number of listings, write as much creative property details, include a You Tube property video cheap nike air max shoes , and it will be activated as a basic listing for 6 months, free.

A model walks the runway for the Gucci show in London. Photo: IC

Gucci's Alessandro Michele unveiled on Wednesday a loud and proud ode to the 1980s on the opening day of the latest Milan Fashion Week, with big bangs, square suits and enough sequins to drown a disco.


Michele burrowed further into his love for the bookish chic that has led the once-flagging house to enjoy white-hot success since he took creative control in 2015.In a smoky near-darkness pierced by flashes of light cheap nike air max online , Gucci showed off a SpringSummer 2018 collection that, along with fringed foreheads, had plenty of large round glasses, satin and even a striped and shiny track suit.


The idea guiding the show cheap nike air max free shipping , according to Michele's notes, is a refusal "to turn the page and stubbornly dwelling on a narration that consolidates on the beauty of the show."


That meant a runway, best described as Atlantis on a foggy night, set among massive sculptures of some of humanity's greatest symbols including a smiling Buddha and Thoth cheap nike air max uk , ancient Egypt's long-beaked god of magic and wisdom.


The clothes were confident in their embrace of the past, including a satin outfit trimmed in sequin stars that looked like something out of David Bowie's wardrobe.


There was also a brown three-piece suit that you could almost imagine in a faded Kodachrome photo - except that the model wearing it had slick white shades and hands encrusted in rings.


"It requires courage to slowly linger; to stay with care," Michele's notes said.


He certainly did that and took a bow to the applause of celebrities like Salma Hayek - whose husband Francois-Henri Pinault heads the French group Kering that owns Gucci.


The show was Gucci's first since Kering announced a pledge earlier this month to ban ultra-thin models from its brands' advertising and runways. Judging by appearances, it seems to have kept its word.


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Milan kicked off with shows from smaller up-and-comers cheap nike air max wholesale , including Japanese designer Atsushi Nakashima, who unveiled bright colors, silver ponchos and clothing with lots of shiny zips.


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