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EA's Trying To Control The Market
Comments
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I too refuse to believe that a ton of people will jump into the market if there is a crash.
It takes balls of steel to buy in a falling market, on the hope that it will go up down the road.Errors of opinion may be tolerated where reason is left free to combat it. - Jefferson0 -
Melissa177 wrote: »I too refuse to believe that a ton of people will jump into the market if there is a crash.
It takes balls of steel to buy in a falling market, on the hope that it will go up down the road.
The crash that some of the so called experts on here are saying would be a 40to 50%, if this was to happen it would bring prices down to easily affordable levels, like when we first got involved.0 -
Romani_Ite_Domum wrote: »Just out of interest, how will these people finance more BTLs in a falling market?
Deposits from savings and mortgage the rest.0 -
If prices fall look at the US as an example. They don't bounce straight back up.
We aint Yanks
As for BTL increasing prices, that won't work. The first thing people will do with higher mortgage payments is let out their spare room(s). Therefore more supply for BTL to compete with.
All my tenant's like their own space, there is no chance they would want to rent out a single room0 -
pickles110564 wrote: »The crash that some of the so called experts on here are saying would be a 40to 50%, if this was to happen it would bring prices down to easily affordable levels, like when we first got involved.
40-50% - to easily affordable levels? So thus the demand shoots up? :beer:Errors of opinion may be tolerated where reason is left free to combat it. - Jefferson0
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