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Buy-to-let booms as investors seek higher returns

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Comments

  • DervProf
    DervProf Posts: 4,035 Forumite
    Yet when it comes to BTL, and prices excelling above inflation and wage rises....its all good, and will just rise from here with no end in sight?

    This is the typical behaviour of anyone involved in a pyramid scheme.

    No doubt, BTL is a fairly safe and usually profitable investment. Seems that it does tend to attract quite a few people who seem to think that anyone who invests elsewhere is an idiot, or should be mocked. It also seems to attract plenty of rather greedy characters. Anyone who questions anything about BTL investment is wrong. Full stop.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • Turnbull2000
    Turnbull2000 Posts: 1,807 Forumite
    edited 24 September 2011 at 12:49PM
    http://boards.fool.co.uk/homeowners-are-mortgage-prisoners-12368596.aspx?sort=whole#12368878
    The last of my BTL 5.24% fixes just reverted to base plus 1% and the amount of money my portfolio is making now is frankly embarrassing. When rates eventually revert to 'normal' it look like I'll have paid off so much capital it won't really matter!
    Any other investors round here winning massively thanks to these ongoing, ultra low rates?

    On a side note, I see that even on the fool forum the bears are being marginalised. And the most rec'd comment on the last Guardian property article was at their expense too!
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    http://boards.fool.co.uk/homeowners-are-mortgage-prisoners-12368596.aspx?sort=whole#12368878

    Any other investors round here winning massively thanks to these ongoing, ultra low rates?

    My BTL trackers are:

    4 x 0.68% over boe base
    0.5 (bought with wife) x 0.38% over boe base

    Long may it continue
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    DervProf wrote: »
    This is the typical behaviour of anyone involved in a pyramid scheme.

    No doubt, BTL is a fairly safe and usually profitable investment. Seems that it does tend to attract quite a few people who seem to think that anyone who invests elsewhere is an idiot, or should be mocked. It also seems to attract plenty of rather greedy characters. Anyone who questions anything about BTL investment is wrong. Full stop.

    It's typical elsewhere too.

    I've just been added to at least 2 ignore lists (that I know of) on the share boards for asking a question about the viability of the funding now oil is under the lower threshold level.

    Apparently I want to deramp the share to buy in cheaper. I'm already in.

    No one has actually answered my question though....which I believe to be quite a prominent question really. I'd say theres only 5% of the posters there who will actually look at this stuff, the rest are just bouncing off walls telling everyone that tommorow we'll be up 20% and today is the new low. They say it nearly every damn day.
  • Rinoa
    Rinoa Posts: 2,701 Forumite
    It's typical elsewhere too.

    I've just been added to at least 2 ignore lists (that I know of) on the share boards...

    Really?

    That's just amazing.
    If I don't reply to your post,
    you're probably on my ignore list.
  • The recent boom in the buy-to-let market

    The one that housing bears said was absolutely impossible.

    That one?

    Oh, OK then, just so long as we're clear. :)
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Rinoa wrote: »
    Really?

    That's just amazing.

    Thank you for demonstrating my point so clearly.

    You can post anything you like. But if you question anything ,and don't write "will be up tommorow, buy in today as this price, it's the new low", the rest of your post is completely ignored and a cheap shot ensues.

    I take it you were trying to demonstrate my point? As you did a darn good job.
  • Rinoa
    Rinoa Posts: 2,701 Forumite
    Thank you for demonstrating my point so clearly.

    You can post anything you like. But if you question anything ,and don't write "will be up tommorow, buy in today as this price, it's the new low", the rest of your post is completely ignored and a cheap shot ensues.

    I take it you were trying to demonstrate my point? As you did a darn good job.

    More geneeresque by the day.
    If I don't reply to your post,
    you're probably on my ignore list.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Rinoa wrote: »
    More geneeresque by the day.

    Cheers.

    The points been demonstrated now though.
  • Rinoa
    Rinoa Posts: 2,701 Forumite
    Cheers.

    The points been demonstrated now though.

    Geneer demonstrates he's won every point too ~ simply by stating that he has. It's a bear trait I guess. ;)
    If I don't reply to your post,
    you're probably on my ignore list.
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