How much would you have lost...

nollag2006

... if you had listened to these muppets?

https://www.housepricecrash.co.uk/media/LondonTonight-2005-12-12.wmv

STR'd in central London in 2003??

Wow!! That's gotta hurt!

Leaving aside house prices - interest rates have dropped like a stone, and rents have rocketed since then.

I love the line about them going off on a round the world trip in 2004, and being dead cert that the world would be in melt down when they came home.

Clever lads, those lot that set up HPC!!

:rotfl::rotfl:

moneyinmypocket

Mad mad mad LOL

moneyinmypocket

The hpc chain gang are the most bitter twisted people out there, thankfully boards like this one can help steer people away from there MAD ideas

hillcats

I wouldn't take such a stupid risk of the family home...
All we intend to do, is work hard to pay off the mortgage then enjoy!

Sibley

They got what they deserved. Pity they didn't have the guts to take their medicine.

andy.m_2

I did not STR, I could not STR, if a crash was imminent then I would do all I could to raise a deposit and bolster my portfolio as best I could.

In defence of the HPC mob though, they had an idea, they believed it foolproof and they saw it through.


Some you win, some you lose.
If the 50% crash had come to fruition then they would be very jolly fellows indeed and that forum would be much more popular and worth a lot more money.

andy.m_2

Having watched your media file that is old news now.

They really hate Kirsty Allsop on hpc though!

chucknorris

nollag2006 wrote: »

... if you had listened to these muppets?

www.housepricecrash.co.uk/media/LondonTonight-2005-12-12.wmv

STR'd in central London in 2003??

It would have cost us over £1m if we had sold up in 2003.

I'm not saying that there weren't any scary moments, but I always thought it would be ok in the end.

nollag2006

andy.m wrote: »

I did not STR, I could not STR, if a crash was imminent then I would do all I could to raise a deposit and bolster my portfolio as best I could.

In defence of the HPC mob though, they had an idea, they believed it foolproof and they saw it through.


Some you win, some you lose.
If the 50% crash had come to fruition then they would be very jolly fellows indeed and that forum would be much more popular and worth a lot more money.

Yes - but would you really be so reckless as to literally bet your house?

This is what these HPC were, and still are, espousing.

Gamblers like Reinhard get all they deserve

the_flying_pig

what's his name, reinhard schu? according to linkedin the guy's a legal director somewhere.

so in the 10 years since that was recorded he's probably earned at least a million quid before tax. in the video his wife looks like some kind of professional too.

i'm sure he now lives somewhere very nice, albeit less nice of course than would have been the case if, with the benefit of perfect hindsight, filled his boots with pwoperdee back then rather than selling up.

so he got it badly wrong with the house thing but i doubt he's losing sleep over a couple of idiotic HPI fetishists, with the benefit of perfect hindsight sniggering at him from the splendor of their pride-and-joy £150k three-bed semis.

chewmylegoff

I STRed in central London in 2003. I invested the proceeds in an imaginary portfolio of buy to let houses which move around London between various locations when I forget my backstory. I put the imaginary rents up by 10% most weeks so I am currently £7 million up.

Good times.

:beer::beer::beer::beer: