Rents Rising Again

HAMISH_MCTAVISH

AndyGuil wrote: »

I thought that too, but I found out from a person there.

No, you heard a nonsense rumour from someone who has no idea what they're talking about.

It's false.

It wouldn't be unconstutional in the UK though. There are a lot of ways they can restrict the market, making it less attractive and lower risk (to lenders) seems to be the aim.

You are speculating and rumour-mongering based on absolutely no credible information whatsoever.

There have been zero reports of government considering such actions, nor would it make any sense at all for them to do so.

In reality, the Minister for Housing has made repeated calls for more activity, not less, in the private rented sector and for more investors to get involved.

AndyGuil

HAMISH_MCTAVISH wrote: »

No, you heard a nonsense rumour from someone who has no idea what they're talking about.

It's false.



You are speculating and rumour-mongering based on absolutely no credible information whatsoever.

There have been zero reports of government considering such actions, nor would it make any sense at all for them to do so.

In reality, the Minister for Housing has made repeated calls for more activity, not less, in the private rented sector and for more investors to get involved.

I'll take your word for it.

The government are interested in supporting the renting, but not a house price boom. Those days are over.

Pimperne1

This could be the shakiest piece of evidence I have ever seen on this or any other site:

I thought that too, but I found out from a person there.

robmatic

Love it.

AG: "Prices will crash if we introduce limits to homeownership similar to those in the States."

HT: "There aren't any such limits in the States."

AG:"I meant Texas, not the other 49."

HT: "Theren't any such limits in Texas."

AG: "This guy I met told me there was. Maybe there isn't. But if it was true, house prices would totally crash."

AndyGuil

robmatic wrote: »

Love it.

AG: "Prices will crash if we introduce limits to homeownership similar to those in the States."

HT: "There aren't any such limits in the States."

AG:"I meant Texas, not the other 49."

HT: "Theren't any such limits in Texas."

AG: "This guy I met told me there was. Maybe there isn't. But if it was true, house prices would totally crash."

Unfortunately the laws and regulations are not well published so the answer either way is unknown. TBH i would rather trust someone living there than someone random of a BB.

JonnyBravo

robmatic wrote: »

Love it.

AG: "Prices will crash if we introduce limits to homeownership similar to those in the States."

HT: "There aren't any such limits in the States."

AG:"I meant Texas, not the other 49."

HT: "Theren't any such limits in Texas."

AG: "This guy I met told me there was. Maybe there isn't. But if it was true, house prices would totally crash."

Yep his credibility = low

Then his inability to admit ever having got a share call wrong = credibility zero.
He's another person so busy telling others about stuff that he can't use his ears.

The old adage of you have two ears and one mouth the ratio should tell you something about their use is true for the umpteenth time in this forum.

JonnyBravo

AndyGuil wrote: »

Unfortunately the laws and regulations are not well published so the answer either way is unknown. TBH i would rather trust someone living there than someone random of a BB.

Well surely you'll understand if we trust someone "random off the net" rather than someone "random off the net, telling us about someone random in Dallas".
Til you get the evidence, natch.

drc

0.01% rise. The landlord can now afford a Snickers bar to add to his portfolio.

AndyGuil

JonnyBravo wrote: »

Yep his credibility = low

Then his inability to admit ever having got a share call wrong = credibility zero.
He's another person so busy telling others about stuff that he can't use his ears.

The old adage of you have two ears and one mouth the ratio should tell you something about their use is true for the umpteenth time in this forum.

What on earth are you on about? Anyone can see my history and know what moves i have made. I have been on this forum for a fair few years now. As i pointed out I took my position in the shares in early 2010, my post history will show that. I gained from it and have a hefty amount ready for when the house market has finished its correction.

Here is some proof of my much earlier position.

AndyGuil wrote: »

I assume you mean Beowulf mining? The RNS was preliminary results for one of the mines they are investigating. October will bring the JORC results. Based on the preliminary results the JORC results will be exceptional. These guys are a long term hold.

As for Texas there is a reference to it here http://countryinnus.com/Rent-To-Own-Homes-Dallas-Tx/2130.html

shortchanged_2

"The rental market burst back into life unseasonably early in January, with tenants on the move trying to take advantage of what is usually a quieter period for the rental market," said David Newnes, director of LSL Property Services.

This is my favourite quote. I'd hate to see the mess in his trousers when there is a 0.2% rise.