Rents soar to (another) record high

westernpromise

Joeskeppi wrote: »

I have "over leveraged" in the same bucket as "sheeple", "VIs" and "spiv". Words that don't mean anything except fitting in with an internet circlejerk.

Edit: "perma-prop bulls" is a good one too.

and boomer, EA, TPTB, ZIRP, and "BTL brigade".

"Fairness" is always a dead giveaway too. It always means "gimme what you've got, because I'm entitled, and you're a pɹɐʇsɐq".

CLAPTON

One wonders how many now large, cash rich and successful businesses, were once over leveraged smaller ones

mwpt

CLAPTON wrote: »

One wonders how many now large, cash rich and successful businesses, were once over leveraged smaller ones

One wonders what the ratio of these is to those you will never know about because their risks didn't pay off.

You take risks (debt is risk) and you succeed for fail.

CLAPTON

mwpt wrote: »

One wonders what the ratio of these is to those you will never know about because their risks didn't pay off.

You take risks (debt is risk) and you succeed for fail.

the majority of small businesses fail

I don't drew the conclusion that therefore people shouldn't try

Crashy_Time

HPC Hive Mind says Aberdeen one bedders down to 400 p.m, decent areas. :rotfl:

Zxcv_Bnm

Crashy_Time wrote: »

HPC Hive Mind says Aberdeen one bedders down to 400 p.m, decent areas. :rotfl:

ONS agrees - rents down in Scotland, up everywhere else

Rental growth in Scotland decreased to negative 0.1% in the 12 months to March 2017, a slowdown from a high of 2.1% in the year to June 2015. This weaker growth may be due to stronger supply and weaker demand in Scotland as reported by the Association of Residential Letting Agents (ARLA).

https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/indexofprivatehousingrentalprices/mar2017

Crashy_Time

The reality of what you can actually get is always different (less) than the published stats (and some of the toss that you read on forums populated by leveraged landlords) but there is no doubt that Aberdeen landlords are smelling the coffee while being slapped round the face with a large wet kipper.

IveSeenTheLight

Crashy_Time wrote: »

HPC Hive Mind says Aberdeen one bedders down to 400 p.m, decent areas. :rotfl:

Crashy_Time wrote: »

The reality of what you can actually get is always different (less) than the published stats (and some of the toss that you read on forums populated by leveraged landlords) but there is no doubt that Aberdeen landlords are smelling the coffee while being slapped round the face with a large wet kipper.

Here's a link,
https://www.aspc.co.uk/
What properties are you defining as in decent areas?

There are 17 off 1 bed properties listed at £400 or below
There are 160 1 bed properties in the same area I searched.
There are 17 off 1 bed properties listed at £600 or above
The most expensive is a studio apartment at £995
https://www.aspc.co.uk/search/property/350892/40-Springfield-Road/Aberdeen/


It would appear you're clutching at straws

IveSeenTheLight

Zxcv_Bnm wrote: »

ONS agrees - rents down in Scotland, up everywhere else

Rental growth in Scotland decreased to negative 0.1% in the 12 months to March 2017, a slowdown from a high of 2.1% in the year to June 2015. This weaker growth may be due to stronger supply and weaker demand in Scotland as reported by the Association of Residential Letting Agents (ARLA).

https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/indexofprivatehousingrentalprices/mar2017

Just for perspective, here is the graph associated



for the astute of you, you will see that rents in Scotland have plateaued in the last two years and have dipped at this point in each of the last three years.

Over the 6 year period this graph reflects, rents are still higher

Crashy_Time

IveSeenTheLight wrote: »

Here's a link,
https://www.aspc.co.uk/
What properties are you defining as in decent areas?

There are 17 off 1 bed properties listed at £400 or below
There are 160 1 bed properties in the same area I searched.
There are 17 off 1 bed properties listed at £600 or above
The most expensive is a studio apartment at £995
https://www.aspc.co.uk/search/property/350892/40-Springfield-Road/Aberdeen/


It would appear you're clutching at straws

"Rent Includes Council Tax, Utilities, TV and Wi Fi." :rotfl:

So in actual fact the rent portion would be about 600 quid? That example just screams landlord desperation, and it will be interesting to see if it rents at that price.