The Wilsons - 875 buy to let property empire

Sir_Humphrey

Jonbvn wrote: »

That use to be true. However, I feel that just recently that some posters on here are starting to froth at the mouth, such that they think that their views are undeniable facts.

If tenants are thrown out by the Wilsons being made bankrupt, then it is the Wilson's fault.

Our view is that house prices are crashing, and that the economy is trouble. Both are undeniable facts, unless you are able to give us a long lecture expanding your beliefs on post-modernism.



"If all else fails, a pig headed refusal to look facts in the face will see us through!"

Jonbvn

Sir_Humphrey wrote: »

Our view is that house prices are crashing, and that the economy is trouble. Both are undeniable facts, unless you are able to give us a long lecture expanding your beliefs on post-modernism.

Is that the Royal "we", or perhaps you speak for everyone on this forum?

BTW, I wouldn't dispute those facts. However, there are lots of viewpoints I would dispute like "65% falls (across the board)", "no recovery till 2020" etc.

jamescredmond

Jonbvn wrote: »

Is that the Royal "we", or perhaps you speak for everyone on this forum?

I can speak for myself but, occasionally, humph does it better.

Jonbvn

jamescredmond wrote: »

I can speak for myself but, occasionally, humph does it better.

So you must all be in sum sort of gang like eh! Gr8t idea!

Dithering_Dad

vigesimal wrote: »

I can't really blame them. I have seen them being called losers for not having a house and cowards for not taking the risk and taking on a huge mortgage - don't ya know house prices always go oop.

Now the tide has turned, so I for one don't blame them for giving back what they received. They were right.

The trouble is that they're 'giving it back' to people who didn't deal it out in the first place. It seems that many of the original HPI people have left the MSE Housing forums, so the HPC people are gaining 'revenge' on people who had no involvement in any of this.

I have to say that it's pretty tiresome that every time one creates a post that runs contrary to the opinion of the 'gang', you're set upon as though you just said that Gary Glitter should be allowed to run a children's home.

Get a grip people, BTLers (of which I am not one) are not murderers, child molestors or even criminals. People who post opinions that contrast with your own are not enemies to be crushed but valuable forum members who help to provide a balanced discussion. These forums would be a very poor place if we all had the same views.

dopester

Jonbvn wrote: »

Is that the Royal "we", or perhaps you speak for everyone on this forum?

BTW, I wouldn't dispute those facts. However, there are lots of viewpoints I would dispute like "65% falls (across the board)", "no recovery till 2020" etc.

My own future calculations of a range of probable outcomes sees some areas having house prices near 100% wiped out in the depression. Government spending, under incredible strain, won't be spread out to save these hopeless areas either. Choose where you buy carefully.

sdooley

I can see Ashford being a boom town if the fast train into the City takes off. More important to get to London than Paris. Much is made of this couple buying up a whole new estate. But would the housebuilders have completed it if they didn't have a buyer?

Darts

IMO The fast London train will not be as popular as it should have been because it runs to St Pancras. A lot of commuters in Kent work around Cannon St, London Bridge, Victoria and Canary Wharf. This means you will lose a lot of the time you save on the faster train having to make an additional journey across London, instead of perhaps walking from the station as at present, and pay a hefty premium for the privelege.

GDB2222

Dithering_Dad wrote: »

I have to say that it's pretty tiresome that every time one creates a post that runs contrary to the opinion of the 'gang', you're set upon as though you just said that Gary Glitter should be allowed to run a children's home.

That's very nicely put. I apologise if I, and others, have been bullying. In defence, I do believe very strongly that house prices have a way to fall still, and buying now could be disastrous for people's finances. It's well-meant advice, but I agree it's been put too strongly.

Get a grip people, BTLers (of which I am not one) are not murderers, child molestors or even criminals.

It does sound like the Wilsons are 'the unacceptable face of capitalism'. They, by the sound of things, seem to be extraordinarily poor landlords. What annoys me is that they seem to have no charity in their dealings with tenants who are in a weak financial position.

PayDay

Darts wrote: »

IMO The fast London train will not be as popular as it should have been because it runs to St Pancras. A lot of commuters in Kent work around Cannon St, London Bridge, Victoria and Canary Wharf. This means you will lose a lot of the time you save on the faster train having to make an additional journey across London, instead of perhaps walking from the station as at present, and pay a hefty premium for the privelege.

If people are going to live that far out from London and travel in, then surely they would choose living in France over living inAshford or Folkestone Didn't the train do Paris to London in 2 hours the other month? Perhaps it still does?