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Debate House Prices


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House Prices Only Set To Fall By Maximum 20% In Total

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Comments

  • geoffky
    geoffky Posts: 6,835 Forumite
    The fact that You would prefer to beleive the failed and nationised banks as qapposedto us ground fl oor investers says a lot.
    YOU SO CALLED INVESTORS ARE UP TO YOUR EYES IN DEBT AND THE FIGURES FOR BLT GOING BUST ARE MASSIVE..
    I PREFER TO CALL YOU RACKMAN INVESTORS.
    YOU ARE COSTING THE PEOPLE MORE FOR THEIR HOUSING DUE TO THE FACT THAT YOU HAD TO INSANELY PAY MORE FOR YOUR ASSETS HENCE THE HIGHER COSTS OF RENTED HOUSING AND TO BE ABLE TO MAKE A PROFIT OUT OF SOMEONE TRYING TO GET A ROOF OVER THEIR HEADS.
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    geoffky wrote: »
    YOU SO CALLED INVESTORS ARE UP TO YOUR EYES IN DEBT AND THE FIGURES FOR BLT GOING BUST ARE MASSIVE..
    I PREFER TO CALL YOU RACKMAN INVESTORS.
    YOU ARE COSTING THE PEOPLE MORE FOR THEIR HOUSING DUE TO THE FACT THAT YOU HAD TO INSANELY PAY MORE FOR YOUR ASSETS HENCE THE HIGHER COSTS OF RENTED HOUSING AND TO BE ABLE TO MAKE A PROFIT OUT OF SOMEONE TRYING TO GET A ROOF OVER THEIR HEADS.

    Geoffrey - you seemed to have missed this old chap

    http://news.bbc.co.uk/2/hi/business/7802819.stm

    With interest rates as low as they are it would be much easier for a BTLer to service their debt...
  • geoffky
    geoffky Posts: 6,835 Forumite
    Its Still Hard If You Overpayed By 30k
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    geoffky wrote: »
    Its Still Hard If You Overpayed By 30k

    it's good to see that you've agreed that most people aren't "UP TO YOUR EYES IN DEBT" which means most people don't need to sell, which also means that maybe you won't be able to buy that property AGAIN. enjoy renting Geoffrey
  • fatpig_2
    fatpig_2 Posts: 631 Forumite
    Mugs like chucky always overpay. Greed clouds whatever limited judgement they once had.
  • dopester
    dopester Posts: 4,890 Forumite
    You misread.

    I and many thousands of others are NOT btl.

    I will decide when the market has reached it,s zenith,whether i am right or wrong is my calculation.
    Good quality social Landlords like me should be applauded.

    I'm catching up with this thread.. but your posts seem to make your views in that socialist thread a bit more easier to understand where you are coming from.

    One moment it is all for the greater good, and an instant later it is revealed to be all about self-gain. In honesty, whilst there may be some good landlords, I find most of them money-obsessed controlling parasites, who want the rent and the capital gains, and care little for the tenants they feed on.

    Go get more BTLs then and worship your socialism in action.
  • geoffky
    geoffky Posts: 6,835 Forumite
    Chucky I Could End Rentting Tomorrow And Blow 250k Cash But I Am Not As Silly As Some And I Am Waiting For My Little Bargin Picked Up From Some Poor Blt Who Has Bitten The Dust. Not All Of Us Have Leveged To The Hilt...
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    geoffky wrote: »
    Chucky I Could End Rentting Tomorrow And Blow 250k Cash But I Am Not As Silly As Some And I Am Waiting For My Little Bargin Picked Up From Some Poor Blt Who Has Bitten The Dust. Not All Of Us Have Leveged To The Hilt...

    Good luck and all the best.

    Hope that you do find that opportunity.
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    geoffky wrote: »
    Chucky I Could End Rentting Tomorrow And Blow 250k Cash But I Am Not As Silly As Some And I Am Waiting For My Little Bargin Picked Up From Some Poor Blt Who Has Bitten The Dust. Not All Of Us Have Leveged To The Hilt...

    Blt my fav sarnie.
    Official MR B fan club,dont go............................
  • Then I have great respect for buyers in that situation.

    However it will nor reflect the market as far as i am concerned.

    Good quality social Landlords like me should be applauded.


    Exactly how far up your own @rse are you?

    A good musician should be applauded

    A quality sportmans should be applauded.

    Someone lying/bragging on the internet should just be laughed at
    Hi, we’ve had to remove your signature. The one where you showed us Dithering Dad is a complete liar. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE Forum Team
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