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Debate House Prices


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Would you buy a buy to let at the moment

1678911

Comments

  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    In the past residential property investment was highly concentrated into HMO's.
    I'm genuinely interested in these figures. Could you post a link to them please?
    any luck with that link..........................................
  • Spartacus_Mills
    Spartacus_Mills Posts: 5,545 Forumite
    Malcolm. wrote: »
    The intelligent decision should depend on how cheap the individual property is.

    If a bargain, then why not?

    Define bargain.

    Cheapness is not the only criteria though.

    For me the intelligent decision is to invest in what you know and in line with your financial resources. I would neither have the time nor inclination to invest in BTL.
    "There's no such thing as Macra. Macra do not exist."
    "I could play all day in my Green Cathedral".
    "The Centuries that divide me shall be undone."
    "A dream? Really, Doctor. You'll be consulting the entrails of a sheep next. "
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Define bargain.

    Cheapness is not the only criteria though.

    For me the intelligent decision is to invest in what you know and in line with your financial resources. I would neither have the time nor inclination to invest in BTL.
    Much as it aggrieves me I agree with the Coalition bot on that one.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Malcolm.
    Malcolm. Posts: 1,079 Forumite
    Define bargain.

    Use a dictionary.
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    Malcolm. wrote: »
    The intelligent decision should depend on how cheap the individual property is.

    If a bargain, then why not?

    Property price is only part of the assessment.
    You must also value the rental market in that location.
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • Malcolm.
    Malcolm. Posts: 1,079 Forumite
    edited 18 July 2010 at 8:53PM
    Property price is only part of the assessment.
    You must also value the rental market in that location.

    Very true, there's also the time-value equation and the opportunity cost of doing something different.

    I didn't want to fill my post with caveats. :)
  • Malcolm.
    Malcolm. Posts: 1,079 Forumite
    edited 18 July 2010 at 10:16PM
    Define bargain.

    Cheapness is not the only criteria though.

    For me the intelligent decision is to invest in what you know and in line with your financial resources. I would neither have the time nor inclination to invest in BTL.

    If the property below, £2000 a month rental income, was available for 20k, and the only way for you to afford it was to take a BTL mortgage.

    I would consider it to be a bargain.

    article-0-0A61B224000005DC-385_224x325.jpg
  • Spartacus_Mills
    Spartacus_Mills Posts: 5,545 Forumite
    Malcolm. wrote: »
    Use a dictionary.


    I chose to ask a !!!!!! instead but I will assume you are incapable of providing back up to your post.

    One persons bargain for a BTL is another persons liability.
    "There's no such thing as Macra. Macra do not exist."
    "I could play all day in my Green Cathedral".
    "The Centuries that divide me shall be undone."
    "A dream? Really, Doctor. You'll be consulting the entrails of a sheep next. "
  • Spartacus_Mills
    Spartacus_Mills Posts: 5,545 Forumite
    Malcolm. wrote: »
    Very true, there's also the time-value equation and the opportunity cost of doing something different.

    I didn't want to fill my post with caveats. :)


    You just chose to post with your usual lack of thought.
    "There's no such thing as Macra. Macra do not exist."
    "I could play all day in my Green Cathedral".
    "The Centuries that divide me shall be undone."
    "A dream? Really, Doctor. You'll be consulting the entrails of a sheep next. "
  • Malcolm.
    Malcolm. Posts: 1,079 Forumite
    I chose to ask a !!!!!! instead but I will assume you are incapable of providing back up to your post.

    One persons bargain for a BTL is another persons liability.

    My name isn't Richard. :think: :)
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