Times Newspaper Report Advises To Buy Property Now!

Dithering_Dad

Lotus-eater wrote: »

Yes, I think too quickly and have to get it down, I didn't think it was that bad though, you are allowed to pause at the commas you know

Where have I derided someones writing?

Lotus-eater wrote: »

That's exactly what I was saying, although probably in better English.

Here. Don't worry, I didn't take offense - just like you I tend to rattle off my points as fast as possible and so sometimes my English Language and punctualtion skills go our of the window. After all, we're only posting on a forum, not writing to the Queen!

I just thought I'd have a dig back atcha while I replying to your post. Just a bit of fun - please don't go all 'carol' on me :eek:

Max_Headroom_3

There will always be (and have always been) the odd nugget, but these little odds and sods won't change the course of a market spanning hundreds of thousands (millions?) of properties and billions of pounds and mortgage debt.

I'll be waiting a while before I even think about looking, despite the advice of the estate agent in the newspaper article (where we first came in to this conversation).

You feel free to crack on though, let us know what you get.

Turnbull2000

Dithering_Dad wrote: »

Remember, the best time to buy is when the news is full of doom and gloom and the seller is worried. The worst time to buy is when the news is full of talk about green shoots and possible uplifts and the seller is feeling more optimistic. Right now, everyone is talking doom and so sellers are desperate. You could offer a lower price now than if you waited 2 years when the worst of the crash is over.

Remember from when? There was loads of talk of green shoots, uplifts and optimism from 1990 onwards last time round. So what period are you referring to?

Dithering_Dad

Microstar wrote: »

I've read a some of your posts mate and I reckon you know as much about the property business as I know about ballet dancing (and that's not much, I can tell you!).
Just as a matter of interest, how many houses do you have at present? Are you a 'canny buy-to-letter' then, or is it all talk?

If you actually had read some of my posts you'd know that I think BTL is a poor investment, and one I wouldn't touch with a bargepole. Mate.

The only property I invest in in commercial property. The only property I own is the one my family live in.

Out of interest, which of my posts led you to believe that you're a ballet officionado?

Mate.

Lotus-eater

Dithering_Dad wrote: »

Here. Don't worry, I didn't take offense - just like you I tend to rattle off my points as fast as possible and so sometimes my English Language and punctualtion skills go our of the window. After all, we're only posting on a forum, not writing to the Queen!

I just thought I'd have a dig back atcha while I replying to your post. Just a bit of fun - please don't go all 'carol' on me :eek:

I think if you read my post "That's exactly what I was saying, although probably in better English." you will see it says Thats exactly what I was saying............ although probably in better English............. ie yours was the better English.
I think if you read my original post I was talking about, it should be more than obvious.

Dithering_Dad

Max_Headroom wrote: »

There will always be (and have always been) the odd nugget, but these little odds and sods won't change the course of a market spanning hundreds of thousands (millions?) of properties and billions of pounds and mortgage debt.

I'll be waiting a while before I even think about looking, despite the advice of the estate agent in the newspaper article (where we first came in to this conversation).

You feel free to crack on though, let us know what you get.

But as an individual, are you trying to change the course of the market, spanning hundreds of thousands (millions?) of homes, or are you simply looking for that one bargain for you and your family to live in (or to let, if that's your bag)?

I'm not saying that the crash is ending, I'm saying that individuals should keep a look out now because there are bargains available that you may not beat by waiting years and years.

Dear me, what is wrong with the logic behind this, why are you opposed to what I'm saying?

Dithering_Dad

Lotus-eater wrote: »

I think if you read my post "That's exactly what I was saying, although probably in better English." you will see it says Thats exactly what I was saying............ although probably in better English............. ie yours was the better English.
I think if you read my original post I was talking about, it should be more than obvious.

lol sorry mate. Just goes to show how the written word can be missinterpreted!!

Ignore me, I'm so used to having to fight about 5 people at a time on the housing threads that I'm amazed if I get a compliment!!

'sfunny though. Silly me. :rotfl:

snoopy78

Dithering_Dad wrote: »

I'm not saying that the crash is ending, I'm saying that individuals should keep a look out now because there are bargains available that you may not beat by waiting years and years.

Dear me, what is wrong with the logic behind this, why are you opposed to what I'm saying?

Nothing wrong in saying if you find a bargain then go for it, or with telling people that if they need to buy then bargain hard and get a good deal, but alot of estate agents, mortgage brokers and house buyers would have you believe that now is perfect time to buy, without a bit of evidence or based on very loose logic.

The weight of evidence says that the market still has a fair way to drop, all the banks are saying that the market is stuffed and confidence is low. If tomorrow several banks come out with 100% mortgages at low rates then I'd admit this will boost the market and we could see it stable or into another boom.

I'll repeat what I said it is not supply and demand of housing it is supply and demand of debt that pushed prices up. Even with a steady increase in population it will only result in a steady increase in prices not the all out panic buying boom we have just seen.

Max_Headroom_3

Dithering_Dad wrote: »

But as an individual, are you trying to change the course of the market, spanning hundreds of thousands (millions?) of homes, or are you simply looking for that one bargain for you and your family to live in (or to let, if that's your bag)?

No individual can change the course wither way, and that's exactly what I said earlier. This is all about sentiment and affordibility. As for myself, I own a house and have no interest in BTL, I'm simply applying a little common sense to what I see around me, and in this particular case common sense tells me that a bunch of estate agents etc saying "look to buy now, green shoots, blah blah" is nothing more than blatant self interest (which is what this conversation is about if you read the first post).

I'm not saying that the crash is ending, I'm saying that individuals should keep a look out now because there are bargains available that you may not beat by waiting years and years.

Dear me, what is wrong with the logic behind this, why are you opposed to what I'm saying?

Because I believe that it is at best over simplistic (takes no account of affordibility for example) and at worst plain wrong.

Max_Headroom_3

Dithering_Dad wrote: »

Ignore me, I'm so used to having to fight about 5 people at a time on the housing threads

Why do you suppose that is?