Selling To Rent

Dan:_4

marlonthemagnificent wrote: »

please tell me you are joking with that statement?

sibley - "all renters are scum"

mr ree - "i have just spent 350 on a christmas tree"

marlonthemagnificent - "im a FTSE 100 director but on holiday this week" :rotfl:

Buy_It_Now

Dan: wrote: »

marlonthemagnificent - "im a FTSE 100 director but on holiday this week" :rotfl:

marlon-the-not-so-magnificent AKA Walter Mitty to his few friends in real life :rotfl:

marlonthemagnificent wrote: »

i'm a director in a FTSE 100 company.
i STR'd in 2007

marlonthemagnificent wrote: »

i've made a high 6 figure sum from investing in metals

marlonthemagnificent wrote: »

yeah...what a loser i am

marlonthemagnificent

you see, the great thing is....that i am

i'll be back at work monday, so the posting will stop

you keep talking, and i'll keep doing

and i'm sorry you did not have the luck that i did

see ya

Buy_It_Now

marlonthemagnificent wrote: »

i'll be back at work monday, so the posting will stop

So, we've still got the weekend to read more of your imaginary wheeler dealer stories after you STR :beer:

marlonthemagnificent

Buy_It_Now wrote: »

So, we've still got the weekend to read more of your imaginary wheeler dealer stories after you STR :beer:

imaginary to you maybe, but thankfully, very real to me

what you can't seem to grasp is that it's not so unusual for someone in their 40's to get a new job, sell their house and rent while they look for somewhere new to buy....... but then decide to invest the capital in something different

you also find it hard to grasp the fact that houses were massively over-valued and falling in price at the time, whilst gold was under-valued and rising in price.....it all seems too complicated for you to understand. but that's your loss and my gain

you also find it hard to grasp that i live in surrey and can rent cheaper than i can buy

you also find it hard to grasp that surrey has the UK HQ's for FTSE giants including GSK, P&G, Unilever and Nestle to name but a small selection....

but, i think the hardest thing for you to grasp, it that it wasn't you that did it....that's the real issue isn't it?

geneer

Dan: wrote: »

Thats because only a "small minority" give a !!!!!! about house price movements.

erm...what?

michaels

What I don't understand - if you want to short uk house prices aren't there derivatives you can use? Why go through the hassle and transaction costs of physically selling your house?

wotsthat

michaels wrote: »

What I don't understand - if you want to short uk house prices aren't there derivatives you can use? Why go through the hassle and transaction costs of physically selling your house?

It's possible to do it here...

http://www.igindex.co.uk/spread-betting/house-prices.html

I wonder what sort of people use this. People trying to hedge or those putting their money where their mouth is?

morag1202

UNBANNABLE_GHUOL wrote: »

Anyone who Sold To Rent trying to cash-in on the misery and distress of others deserves nothing more than financial ruin. Amazingly some of the ghuols over in HPC central sold to rent as far back as 2004.

Post quoted for posterity, poster reported for hubris

Joe_Bloggs

@wotsthat is the IG short for ignoble ?
J_B.