Should people wanting to sell hang in there?

Graham_Devon

chucky wrote: »

as expected you can't answer it

Well I did say that straight from the start and gave you the reason it couldn't be answered. But you accused me of muddling things.

Your "as expected" is actually a dead on certainty, due to the loaded question you asked.

DervProf

Blacklight wrote: »

Hamish posted a report that someone undertook some time ago which set out to prove this very point (can't be bothered to find it).

The conclusion was that the boom in BTL had pushed up the price of property by 7%. Given that house prices have risen 125% it really doesn't account for much does it.

[edit] here's an FT article about the report

I'd say that it does.

Is it right that around 10% of UK residential property is owned by a landlord ? I reckon 7% of the average house price is a significant amount of money. 7% of the cost of an average FTBer property (£110K ?) is very significant to a FTBer. The fact is, the FTBer is in competition with the landlord, and if the FTBer can't afford the extra x%, they may well have to go to the landlord for shelter.

And with the apparent shortgage of property in the UK, if that 10% increases, I think the 7% will probably increase at a faster rate. And if being a landlord proves successful for the new breed of "I have another property that I rent out", then they are quite likely to think about, and be able to buy another place or two.

chucky

Graham_Devon wrote: »

Well I did say that straight from the start and gave you the reason it couldn't be answered. But you accused me of muddling things.

Your "as expected" is actually a dead on certainty, due to the loaded question you asked.

i've actually given you the report that explains taht it can be answered but as expected you didn't understand it and have gone on your next diversion...

well done

chucky

HAMISH_MCTAVISH wrote: »

Oh, the irony, that YOU of all people would have the nerve to post that.

:rotfl:

Well done Graham. I'm actually speechless for once.

i know, i know it's absolutely class

have a read of this, it explains quite a lot about how screwed up his tiny little life is.

Graham_Devon wrote: »

Got myself into 27k debt via gambling, drinking and women! Started off with fruit machines etc in the pub, until I realised I could gamble from my own comfy chair at home!

http://forums.moneysavingexpert.com/showpost.php?p=2872080&postcount=1

as i always say there is always a reason why the little people are so bitter...

DervProf

chucky wrote: »

i know, i know it's absolutely class

have a read of this, it explains quite a lot about how screwed up his tiny little life is.

http://forums.moneysavingexpert.com/showpost.php?p=2872080&postcount=1

as i always say there is always a reason why the little people are so bitter...

I'd say it takes a pretty big person to own up to their weaknesses, and not only that, confront and defeat them.

A little person is someone who mocks other people's weaknesses, IMO.

chucky

DervProf wrote: »

I'd say it takes a pretty big person to own up to their weaknesses, and not only that, confront and defeat them.

A little person is someone who mocks other people's weaknesses, IMO.

that sounds lovely dervprof but your usual nonsense and side taking isn't washing with me.

i'm actually willing to be devon's online buddy after that, it must be quite tough having to carry that burden in life. what a massive blow. tragic

DervProf

chucky wrote: »

that sounds lovely dervprof, i'm actually willing to be devon's online buddy after that, it must be quite tough having to carry that burden in life.

I bet you won't.

Percy1983

I would just like to apologise for my use of the word everything, as many others did see I was using in a way (commonly used in the english language) to which I didn't literally mean everything.

I am sorry as rather than getting answer out of chucky on the actual morals of rent charges and the greed which is pushing them upwards, instead I gave him a wriggle out card for him to pick on.

In short I would like to put this simple straight forward question to chucky:

In what way does the demand for more rental properties FORCE landlords to raise rent prices when in many cases the lower interest rates will mean there actual 'business' costs are less?

debtistheft

Why did Graham_devon's girlfriend leave him? Does he have a rubbish tractor? Girls in Devon base a lot on the size of a man's tractor.

DervProf

debtistheft wrote: »

Why did Graham_devon's girlfriend leave him? Does he have a rubbish tractor? Girls in Devon base a lot on the size of a man's tractor.

Something to do with ploughing, perhaps ?