Buy to let Fraud (British subprime) - More collapse

dopester

IveSeenTheLight wrote: »

I could show proof that some areas are still at 2007 levels

So the rest of the UK is set for a further -50% to -80% crash in the depression, but Aberdeen will stick at 2007 prices.

Yeah... Aberdeen is really going to stick at 2007 prices as the rest of the UK, and world, suffer in a massive house price crash.

Rock_Hard

abaxas wrote: »

For sale..

Skoda Octavia taxi £300,000 with £600pm fare guarantee.

Any takers?

What colour is it?

RomansProperties

abaxas wrote: »

For sale..

Skoda Octavia taxi £300,000 with £600pm fare guarantee.

Any takers?

Thats only a 2.4% return do you not think its better to invest in the "Wilsons Property Fund"

IveSeenTheLight

dopester wrote: »

So the rest of the UK is set for a further -50% to -80% crash in the depression, but Aberdeen will stick at 2007 prices.

Yeah... Aberdeen is really going to stick at 2007 prices as the rest of the UK, and world, suffer in a massive house price crash.

Yawn, open your eyes and read what I said dopester
I do not advicate that Aberdeen (incidently, I never mentioned Aberdeen in this thread, lose the fixation mate) or Scotland will not drop below 2007 levels.

IveSeenTheLight wrote:

I'm not denying that house prices may fall below 2007 levels, however I am disagreeing with the statement that properties are already at 2004 levels.

I merely said that some areas currently are at 2007 levels and not as per the UK average 2004 people quote as gospel

P.S. -50% to -80% :rotfl: :rotfl: :rotfl:
Wibble Wibble
<Cuckoo Cuckoo>

Sir_Humphrey

amcluesent wrote: »

> Simon Morris the director has been arrested for fraud<

He's obviously a well dodgy geezer. Eyes are so close together! Caveat emptor(*)

(*) For those who went to comprehensive schools, that means "buyer beware".

I went to a Comprehensive and understood.

Hic Amulescent argumentum interfectus est.

ad44downey

How much more evidence does the government need before it outlaws the dishonest sleazy buy to let business?

chucky

you would have to be lacking your senses if you invest in the kind of property i saw in one the previous posts. what potential does something like that have!?

but seriously Brit - you're a police officer you should really be a bit more of a responsible person rather than posting this kind of stuff.

Alan_M_2

ad44downey wrote: »

How much more evidence does the government need before it outlaws the dishonest sleazy buy to let business?

Absolutely, they should concentrate on being one of the largest arms suppliers in the world, which of course is an honest upstanding business and not sleazy in any way whatsoever...sheesh....

When are you people going to get a grip and understand BTL is a business no different to any other business.....the competence of the people that choose to start these businesses varies wildly....

lethal0r

£250k for a property in norfolk park oh my god!! I stayed there my first year at uni. that place is awful, in a fairly bad area of sheffield with a young offenders institute (or used to be) next to it.

they should be worth like £50 or £60k!!

Cleaver

ad44downey wrote: »

How much more evidence does the government need before it outlaws the dishonest sleazy buy to let business?

But how would...

Oh, I can't be bothered to argue. I give in. I agree. Ban all BTL. Ban them all. Councils should buy a sleazometer and hook all potential business owners up to it and anyone that failed should be banned from owning a business. Government officials should be employed to outlaw all businesses run by people who aren't particulary nice.

Here's an idea. All potential business owners should go through a test whereby they are placed in an empty room apart from a box of kittens and a hammer. They will be observed by a bunch of government officials with clipboards behind one-way glass to see if they beat the kittens to death with the hammer until they are pulp, or just cuddle them. They'd have to pass this test to be given their business license.