The BTL explosion - was it all just about money?

FungusFighter

Generali wrote: »

When I was asked that once I became more senior I used to 'lie'. Not in a big way but give an ambiguous description of my job that could most easily be interpreted as me being a 'nobody'.

It was interesting to watch reactions, especially at 'smart' do's (does?)

PS !!!!!! is the plural of a 'do' as in Party?

So what are you now mate?

PasturesNew

Cleaver wrote: »

... make money from not doing a lot. Like investing in the stock market, gold, the lottery, being a computer programmer...

Yes and if people doing those were driving flash cars/had a few bob to splash about it'd bring them the same kudos.... it doesn't matter what you're doing, so long as it seems easy to others.

Cleaver wrote: »

And banks do fund people to go and buy antiques at auction and resell them - they are called antiques dealers.

I meant Joe in the street. Everybody and his dog borrowing to do it...
But maybe I used a wrong example as it wasn't the example you were supposed to focus on, but the concept that "anybody" could borrow vast sums based on nothing really. If our mate the bin man had wandered into the bank in his lunch time and asked to borrow £200k with no deposit because he thought he could flip oil paintings, would he have been taken seriously? No

Cleaver

PasturesNew wrote: »

If our mate the bin man had wandered into the bank in his lunch time and asked to borrow £200k with no deposit because he thought he could flip oil paintings, would he have been taken seriously? No

Depends. If every piece of artwork produced over the previous 10 years was worth around 200k, no matter how good quality, and had tripled in value then the answer might have been: Yes.

But then that's the bank's fault, not the bin man's.

Cleaver

stevetodd wrote: »

I didn't tell them at work too as some people get jealous and it creates problems, word soon gets out though when your mobile rings about a maintenance item or in response to an advert.

We only have one property we rent out, it has always had the same tenants there and we have a letting agency that's great and sorts everything out for us. So it's nice and easy to stay 'under cover'.

edit: I should add that our rental property and the flat we live in add in up value to probably half the sole value of many of my workmates 4 bed, exec, detached houses. But for some reason if you mention you rent a house out they assume you are rich beyond their wildest dreams. My bosses boss was talking about his new car last week and mentioned the cost, which was exactly 6k less than we bought our lovely 2 bed flat for only two years ago. Strange old world.

FungusFighter

stevetodd wrote: »

I didn't tell them at work too as some people get jealous and it creates problems, word soon gets out though when your mobile rings about a maintenance item or in response to an advert.

People get jealous of a janitor?

Just goes to show you can never tell mate, I had you pegged as a cleaner :j

Bet Mewbie's an exotic dancer :rotfl::rotfl:

mewbie_2

FungusFighter wrote: »

Bet Mewbie's an exotic dancer

Fortunately I didn't choose that particular career path. Much as I like to admire my figure in the mirror (I have to view portions of it at a time, it's not a particularly wide mirror), I don't think the ladies (get it Fungus?) would pay much to view it.

FungusFighter

mewbie wrote: »

Fortunately I didn't choose that particular career path. Much as I like to admire my figure in the mirror (I have to view portions of it at a time, it's not a particularly wide mirror), I don't think the ladies (get it Fungus?) would pay much to view it.

Fetish club maybe doll? :eek:

jay3_2

PasturesNew wrote: »

Vets and Doctors are doing the same job - but vets are having to do it without being able to ask the patient where it hurts. .

Yes, wouldn't it be brilliant if dogs & cats had LEDs, with an accompanying code-book explaining what the patterns of lights meant?

mewbie_2

FungusFighter wrote: »

Fetish club maybe doll?

I hadn't thought of that.

Mewbie's Cell-u-Like Paradise
watch as exotic dancer Mewbie performs the dance of the seven cardigans
Eat as much as you like buffet
Ladies night and cheap Stella Thursdays

Castleman

FungusFighter wrote: »

...a bit of power for the litle people?

How very patronising.