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Debate House Prices


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Crossrail route to enjoy 25% house price rises

13

Comments

  • nollag2006
    nollag2006 Posts: 2,638 Forumite
    30% falls do not result in capital losses, they result in buying opportunities.

    Trying to time the market is a mug's game, as geniuses like you and brit prove.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    nollag2006 wrote: »
    Trying to time the market is a mug's game, as geniuses like you and brit prove.

    You must, by your own definition, be a mug then. Having timed the market to buy "at the bottom" in 2009 then.

    Why do you all your posts sound like some 11 year old who's busily telling everyone else he's got more collector cards than them?
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    nollag2006 wrote: »
    Trying to time the market is a mug's game, as geniuses like you and brit prove.

    that was actually a joke at brit's expense, but it appears that geniuses like me should put stupid smileys after everything so that mugs like you can understand.
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    You must, by your own definition, be a mug then. Having timed the market to buy "at the bottom" in 2009 then.

    Why do you all your posts sound like some 11 year old who's busily telling everyone else he's got more collector cards than them?

    nollag is a 40 year old professional landlord with a BTL portfolio which he acquired precisely at the bottom of the market (which moves boroughs, and perhaps dimensions, every six months). his tenants are fans of the HPC website who sold to rent (it has not been established whether that bruce banner chap is one of his tenants but i presume so) and he puts their rent up by 10% every month just to rub it in. he also doesn't understand how to calculate the return on his investments in these inter-dimensional properties with escalator rental agreements.

    as such he is one of the more believable characters on this forum.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    nollag is a 40 year old professional landlord with a BTL portfolio which he acquired precisely at the bottom of the market (which moves boroughs, and perhaps dimensions, every six months). his tenants are fans of the HPC website who sold to rent (it has not been established whether that bruce banner chap is one of his tenants but i presume so) and he puts their rent up by 10% every month just to rub it in. he also doesn't understand how to calculate the return on his investments in these inter-dimensional properties with escalator rental agreements.

    as such he is one of the more believable characters on this forum.

    He was in his 60's not long back...I'm sure of it?
  • Dribley
    Dribley Posts: 178 Forumite
    nollag is a 40 year old professional landlord with a BTL portfolio which he acquired precisely at the bottom of the market (which moves boroughs, and perhaps dimensions, every six months). his tenants are fans of the HPC website who sold to rent (it has not been established whether that bruce banner chap is one of his tenants but i presume so) and he puts their rent up by 10% every month just to rub it in. he also doesn't understand how to calculate the return on his investments in these inter-dimensional properties with escalator rental agreements.

    as such he is one of the more believable characters on this forum.

    Nobhead is actually playing Monopoly. You should have seen his face when he landed on my Hotel in Mayfair last week:rotfl:
  • Dribley
    Dribley Posts: 178 Forumite
    He was in his 60's not long back...I'm sure of it?

    I believe that's his waist size;)
  • Turnbull2000
    Turnbull2000 Posts: 1,807 Forumite
    http://www.thisislocallondon.co.uk/news/9994206._/

    ABBEY Wood residents are celebrating after house prices on the Crossrail route are forecast to soar by 25 per cent – boosting the “forgotten end” of Greenwich.
    Boris Johnson: "This is good news not just for Londoners but for the nation's economic health as a whole."

    Finally...
    The coordinator of Abbey Wood Community Centre added that a lot of people currently rent out houses and she believes they will now reclaim them, renovate them and sell them on.

    Guess it won't be all residents celebrating then. Tenants can look forward to eviction as investors cash in.
    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
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    People in Abbey Wood shouldn't worry too much - it doesn't matter how many stations they build there, it will still be a dump that no-one wants to live in. Prices may rise 25%, but 25% of not much is one quarter of not a lot.
  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    People in Abbey Wood shouldn't worry too much - it doesn't matter how many stations they build there, it will still be a dump that no-one wants to live in. Prices may rise 25%, but 25% of not much is one quarter of not a lot.

    I did wonder if it was April Fools day. The areas a Crime ridden dump .The OP's obviously either not been there, or lives on another Crime ridden dump.
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