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Patrick McGoohan BTL advice(seeing as you can't read or write)
lypsey
Posts: 201 Forumite
I thought you might like to listen to this
This is a clear "STAY AWAY from BTL as an investment" piece.
18 minutes and 22 seconds in (you can fast forward):
http://www.bbc.co.uk/radio/aod/fivelive_ao...live/wakeup_mon
If I was thinking about getting into BTL before listening to this I'd soon think again afterwards.
What effect do you think all these BTL people exiting the market will have... duh
This is a clear "STAY AWAY from BTL as an investment" piece.
18 minutes and 22 seconds in (you can fast forward):
http://www.bbc.co.uk/radio/aod/fivelive_ao...live/wakeup_mon
If I was thinking about getting into BTL before listening to this I'd soon think again afterwards.
What effect do you think all these BTL people exiting the market will have... duh
0
Comments
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when you ask a person why he is investing in a particular product, the logical response is that he is looking for capital gains or income. The stock response from the BLT community is that they are investing 'for the long term'. This says it all their heads are now buried firmly in the sand.:rotfl:
With an over-supply of rental property in many parts of the country, a stalling housing market with prices falling in some areas, and a very tax hungry Brown eyeing them greedily and licking his lips, I smell blood in the BTL sector.
Some have managed to get out already but the hundreds of thousands of speculative, over-leveraged, johnny-come-latelies who remain are in for one hell of a kicking methinks.;)0 -
Patrick McGoohan is a wind up. You are wasting your time posting threads as they are never read, and he/she rarely responds.
PM posts (has posted) under various other names on different web sites.
Personally, I think the posts from PM are hilarious - certainly not to be taken seriously - it lightens up the whole property debate.:rotfl: :rotfl: :rotfl:0 -
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