The Rise and Rise of Buy To Let.....

chucknorris

OffGridLiving wrote: »

LOL, was he hedging his bets so that he didn't look stupid buying a house which then crashed in value post 2009 or was he just making up a house purchase when he realised he missed the bottom in 2009?

I tried reading his other posts but all that multiple/split posting sent my eyes funny and I had to stop reading it. It was also a bit dull to be honest - like reading the scrawls of a 5 year old.

I guess the best that can be said is that he wised up to how wrong he was and departed. From the posts on this thread, old Devon doesn't seem to have learned the same lesson. Those Devon posts from a few years ago could have been from yesterday. Same old hackneyed theories that were discredited years ago, but dusted off and reused. I found the comment about his negative posting to be funny - no change there either. The guy must be a manic depressive to just always focus on half-empty glasses. I'd lay money on him being single, and having been single for a loooong time!

I couldn't begin to guess what geneer's real thoughts were with regard to property, but I think he was only here to wind people up. I think he was part of a couple and it was possible that it was his other half that was the driver in them eventually buying somewhere.

chucknorris

abaxas wrote: »

You'll probably find that almost all other asset classes have outstripped property, especially in your lifetime.

Without all the faf and potential downsides.

I've made a small fortune (enough to keep me happy anyway) from property from 1991 to present day, frankly I don't see how I could have made the same money investing elsewhere. Unless of course you are talking about selected specific shares being bought with the benefit of hindsight.