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The Fall in Rise of Buy To Let

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Comments

  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    Realmoney wrote: »
    We still have to wait until this worldwide crisis comes to a head. They keep kicking the can down the road even further.

    When the !!!!!! really starts to hit the fan, we will see house prices fall even further.

    Tell that to people who have been waiting seven years for the crash which was predicted in 2004.
  • Pimperne1 wrote: »
    Tell that to people who have been waiting seven years for the crash which was predicted in 2004.

    Everyone knows the crash has been postponed by Japanese style keeping interest rates too low for too long.

    Look what happened to Japan when they tried this - 80% crash.

    I know its different market and everything, just the longer 0.5% stays the harder the crash when rates go back up to a more normal 7% or something.
  • geneer
    geneer Posts: 4,220 Forumite
    edited 23 September 2011 at 12:14PM
    Pimperne1 wrote: »
    Tell that to people who have been waiting seven years for the crash which was predicted in 2004.

    Don't you mean predicted in 2005, to occour in 2007. :rotfl:

    You are a banal boring troll pimperne1.
    The crash would have happened in 2005, had the banks not thrown away their rules books and pushed things to the extent that they would break the world. End of.
    So now we get the crash combined with global economic collapse.
    Yeah, well done bulls. You win.
    With this worldwipe systemic failure of the financial system you are really spoiling us. :D

    The economic problems at the moment are tremendous.
    I can understand why you would choose to focus your considerable obsessive efforts on the past. Actually pondering things as they are no doubt makes the forum pollyannas quite uncomforable.
  • geneer wrote: »
    Don't you mean predicted in 2005, to occour in 2007. :rotfl:

    You are a banal boring troll pimperne1.
    The crash would have happened in 2005, had the banks not thrown away their rules books and pushed things to the extent that they would break the world. End of.
    So now we get the crash combined with global economic collapse.
    Yeah, well done bulls. You win.
    With this worldwipe systemic failure of the financial system you are really spoiling us. :D

    The economic problems at the moment are tremendous.
    I can understand why you would choose to focus your considerable obsessive efforts on the past. Actually pondering things as they are no doubt makes the forum pollyannas quite uncomforable.


    Define crash in terms of house prices in your VI area comparing 2005 to 2011?

    edinburgh.png
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    Buy to let is fine.

    Borrow to let is a bit too risky for me.

    But once prices fall another 20% or so I will consider buying another house for cash.
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • geneer
    geneer Posts: 4,220 Forumite
    Pimperne1 wrote: »
    Tell that to people who have been waiting seven years for the crash which was predicted in 2004.

    I'm confused.
    As the crash demonstrably started in 2007, they would only have waited 3 years or less surely?
This discussion has been closed.
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