Debate House Prices


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MONEYWEEK Magazine Wealth Creation report - "The End of Britain" !!!

Rosebud77
Rosebud77 Posts: 1 Newbie
in Debate House Prices & the Economy
Has anyone heard of this and what do they think?? Is it a scam - it is certainly laid out like one, the only problem is that all the information inside is correct and totally plausible, i have tried to do searches on them and the only info that comes up on them is by them.
Has anyone else read this report and if so whats your take? If its true them i'm emigrating, not giving them my money!:eek::(
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Comments

  • dtsazza
    dtsazza Posts: 6,295 Forumite
    I'm not sure what you're referring to exactly - is this the article you had in mind?
  • dryhat
    dryhat Posts: 1,305 Forumite
    dtsazza wrote: »
    I'm not sure what you're referring to exactly - is this the article you had in mind?


    I think the OP is on about this ...

    http://www.fsponline-recommends.co.uk/page.aspx?u=eob&tc=EMYKNB41&PromotionID=2147068514&u=1076009&a=5&g=0&r=MC&s=43655&o=41714&l=182135&
  • robmatic
    robmatic Posts: 1,217 Forumite
    dryhat wrote: »
    I think the OP is on about this ...

    http://www.fsponline-recommends.co.uk/page.aspx?u=eob&tc=EMYKNB41&PromotionID=2147068514&u=1076009&a=5&g=0&r=MC&s=43655&o=41714&l=182135&

    Is it a hyperbolic bearish article that urges people to sell their house and buy gold? Written by someone who disingenuously conflates gilts and residential mortgages?
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    robmatic wrote: »
    Is it a hyperbolic bearish article that urges people to sell their house and buy gold? Written by someone who disingenuously conflates gilts and residential mortgages?

    A marketing article for Money Week.

    May be bearish but a lot of the observations are not far from the truth.

    No recommendations sadly they want you to subscribe.
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • Generali
    Generali Posts: 36,411 Forumite
    Combo Breaker First Post
    I'd be wary of using any investment source that uses 36 point headlines in red to make their point.

    If you want a good solid view on investing your money start with a book called, A Random Walk Down Wall Street and then join fool.co.uk. Live below your means and concentrate on getting rich slow.
  • Fathertedy
    Fathertedy Posts: 14 Forumite
    robmatic wrote: »
    Is it a hyperbolic bearish article that urges people to sell their house and buy gold?


    To be fair moneyweek have been spot on being bearish about property and bullish about gold and silver bullion all these years.
    The next domino to fall will be the housing market. Most mortgages are linked to interest rates. As interest rates shoot upwards, millions of people will be pushed “underwater” by a combination of falling housing values and rising mortgage payments.
  • Generali
    Generali Posts: 36,411 Forumite
    Combo Breaker First Post
    Fathertedy wrote: »
    To be fair moneyweek have been spot on being bearish about property and bullish about gold and silver bullion all these years.

    You can make a pretty good income from renting out a flat, office or shop. Remind me, what income to you get from holding precious metals?

    Surely nobody would be dumb enough to put a large chunk of their cash into an asset class that doesn't pay an income? Otherwise what will cushion them when the likely drops in value come, as happens to pretty much all assets at some point?

    It takes a pretty poor investment to make me think an illiquid, undiversified asset like a BTL is a good deal!
  • Fathertedy
    Fathertedy Posts: 14 Forumite
    Who really does not agree with them when they say "the recession, joblessness and instability you see right now is only the first stage of it. Many people think the slump we’re in now is as bad as it will get.
    But the truth is, it’s only the start."

    I know the perma prop bulls who continually ramp house prices on here keep saying green shoots and recovery. The worst is behind us they say, but only a fool would believe them.

    Moneyweek are on the ball, here the recession, joblessness and instability you see right now is only the first stage of it.

    [FONT=Arial, Helvetica, sans-serif]The next phase in this crisis could threaten our very way of life.[/FONT]

    [FONT=Arial, Helvetica, sans-serif]The truth is, it’s only the start.
    [/FONT]
    The next domino to fall will be the housing market. Most mortgages are linked to interest rates. As interest rates shoot upwards, millions of people will be pushed “underwater” by a combination of falling housing values and rising mortgage payments.
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    Generali wrote: »
    You can make a pretty good income from renting out a flat, office or shop. Remind me, what income to you get from holding precious metals?

    Surely nobody would be dumb enough to put a large chunk of their cash into an asset class that doesn't pay an income? Otherwise what will cushion them when the likely drops in value come, as happens to pretty much all assets at some point?

    It takes a pretty poor investment to make me think an illiquid, undiversified asset like a BTL is a good deal!

    Sorry, I'm confused Generali.

    First two paragraphs seem to portray the benefits of investing in rental property.

    Third paragraph seems to infer BTL is not a good deal
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • Fathertedy
    Fathertedy Posts: 14 Forumite
    Gen has always been a little bearish about property. I remember you saying you have to admit property is in a bear market in real terms.

    Any way, Gen did you read the article this thread is talking about?

    Do you disagree their predictions about

    "
    [FONT=Arial, Helvetica, sans-serif]We fear that most people will not know what to do if banks fold and they are unable to withdraw their savings. They won't know what to do if the stock exchange suspends trading. They will be clueless if their pension income dries up. And if their home loses 50% of its value. [/FONT]
    [FONT=Arial, Helvetica, sans-serif]When the NHS is sold off and benefits are scrapped, the confusion will turn into rage."[/FONT]
    The next domino to fall will be the housing market. Most mortgages are linked to interest rates. As interest rates shoot upwards, millions of people will be pushed “underwater” by a combination of falling housing values and rising mortgage payments.
This discussion has been closed.
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