Are you putting your money where your mouth is?

carolt

So many professional property puffers post on here daily. They tell us they have not a care in the world, that property prices can only rise. Yet remarkably few of them seem to be following their own advice to others by gambling on this supposedly 'sure bet'. I'd like to know how many of those who preach eternally rising prices - Hamish, that means you, plus chucky, Dan, nollag, chucknorris, Conrad, Rinoa, julieq and all the others I've forgotten - are planning on upsizing/buying more BTLs to take advantage of this guaranteed rise in equity?

Don't be shy.

System

I'm happy with what I've got. BTL might make you money but it's a hassle I can do without when I already work full time.

chucky

None of the above - more info below

do you mean that people aren't putting their money where their mouths are?

like when those people that expect house prices to drop don't sell their current property, waitfor prices to drop and re-buy when they're cheaper...

i don't see many of them taking that step - do you?

Dirk_Rambo

None of the above - more info below

carolt wrote: »

So many professional property puffers post on here daily. They tell us they have not a care in the world, that property prices can only rise. Yet remarkably few of them seem to be following their own advice to others by gambling on this supposedly 'sure bet'. I'd like to know how many of those who preach eternally rising prices - Hamish, that means you, plus chucky, Dan, nollag, chucknorris, Conrad, Rinoa, julieq and all the others I've forgotten - are planning on upsizing/buying more BTLs to take advantage of this guaranteed rise in equity?

Don't be shy.

i doubt it very much carol. most of them owe so much money to the bank already thats theres no chance of the bank lending them anymore. thats even if they had the kahunas to do it which they dont

Really2

Did it in 2008 (purchased a house not BTL), I thought the discount was sufficient.

Dan:_4

What a ridiculous poll Carolt.

new_home_owner_3

None of the above - more info below

surely bought already should have been on there, especially since 2007 house prices have gone down and gone back up another 10 percent in the last 12 months.

so i think you should have had the options

1. i already bought at the bottom of the so called crash last year

2. i think i have missed the boat, unless another so called crash is coming.

carolt

I think property prices will fall and I'm putting my money where my mouth is

Dan: wrote: »

What a ridiculous poll Carolt.

The fact that you are too scared to even answer the poll says it all, really.

carolt

I think property prices will fall and I'm putting my money where my mouth is

new_home_owner wrote: »

surely bought already should have been on there, especially since 2007 house prices have gone down and gone back up another 10 percent in the last 12 months.

so i think you should have had the options

1. i already bought at the bottom of the so called crash last year

2. i think i have missed the boat, unless another so called crash is coming.

So why aren't you buying more?

If you think rising prices are such a dead cert?

Dan:_4

carolt wrote: »

The fact that you are too scared to even answer the poll says it all, really.

Why would I buy more houses just because I think prices are going to rise? I am not into BTL.

carolt

I think property prices will fall and I'm putting my money where my mouth is

chucky wrote: »

do you mean that people aren't putting their money where their mouths are?

like when those people that expect house prices to drop don't sell their current property, waitfor prices to drop and re-buy when they're cheaper...

i don't see many of them taking that step - do you?

So where do you sit on the poll?

Please let us know.