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"Thousands" of London flats to come to the market

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Comments

  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Interest rate hikes just got more likely as the UK takes it`s chances and the EZ project takes a big lurch towards crash and burn.

    .......but...but.....two years ago you said..

    HPC will happen anyway, rate rises are a sideshow.

    I'm sure one of these days you might be right? Could you tell us when? ;)
  • cells
    cells Posts: 5,246 Forumite
    Interest rate hikes just got more likely as the UK takes it`s chances and the EZ project takes a big lurch towards crash and burn. No doubt you will still be trying to talk up the market as it all crashes around you.


    You are so far to one extreme but you think you are in the middle and can't see how crazy your predictions/hope is.

    Interest rates won't rise in the way your hope. Why would the bank of England or government allow foreign speculators to profit with a jump in rates for a high real rate of return. That is to say don't expect rate rises unless inflation is increasing. If you crazily expect say 10% rates then pencil in 10% inflation. I wouldn't be too concerned if I could increase rents by 10% a year even if its a 0% real increase it wipes away my debts.
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 5 July 2016 at 5:37AM
    buglawton wrote: »
    Just been on oddschecker to see if any bets can be laid on interest rates being cut by 0.25pc on Friday. Regrettably no odds showing...

    The betfair market isn't particularly liquid, but it seems to currently be about:

    0.50% - 4/5
    0.25% - 5/4

    https://www.betfair.com/exchange/plus/#/financial-bets/market/1.125285713
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • The-Joker
    The-Joker Posts: 718 Forumite
    The-Smoker wrote: »
    If WE DO LEAVE the EU, all those migrants have to leave, leaving thousands of flats empty

    Not only all those foreigners leaving the UK in the coming years, nut far fewer will now be coming here than expected.

    Who will occupy all these new properties now that we havent got all these Europeans coming here as was once thought?
    The thing about chaos is, it's fair.
  • The-Joker
    The-Joker Posts: 718 Forumite
    Interest rate hikes just got more likely as the UK takes it`s chances and the EZ project takes a big lurch towards crash and burn. No doubt you will still be trying to talk up the market as it all crashes around you.

    It never ceases to amaze me how the perma prop bulls still try to talk up the bubble :rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:
    The thing about chaos is, it's fair.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    The-Joker wrote: »
    It never ceases to amaze me how the perma prop bulls still try to talk up the bubble :rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:
    After the Olympics London will burst, its not only moneyweek saying it. When London starts to fall the rest of the country will nosedive!

    That was from July 2012. How did that prediction work out or did you mean you expected a London crash after the Rio Olympics?

    Moneyweek!
  • buglawton
    buglawton Posts: 9,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I just heard through contacts of 2 Asian buyers mobilising to buy flats in London barely a days after the £ crashed.
  • westernpromise
    westernpromise Posts: 4,833 Forumite
    .......but...but.....two years ago you said..




    I'm sure one of these days you might be right? Could you tell us when? ;)

    It's sometimes said of people like Crashy that a stopped clock is right twice a day.

    In fact, that need not follow. If the clock has stopped because of a mechanical fault such that the big hand is jammed pointing at 6 and the little hand is jammed pointing at 3, these hand positions mean nothing. They don't mean it's half-past three, because if it were, the little hand would be half-way between the 3 and the 4. Such a position of the hands indicates no actual time at all.

    So a stopped clock can be wrong all the time, as can a clock that's always fast or always slow.

    I'll leave others to work out to what extent the above applies to Crashy "130% BCR" Time's posts.
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    The betfair market isn't particularly liquid, but it seems to currently be about:

    0.50% - 4/5
    0.25% - 5/4

    https://www.betfair.com/exchange/plus/#/financial-bets/market/1.125285713

    The market has now moved, indicating that a cut to 0.25% is more likely, next Thursday.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    wotsthat wrote: »
    That was from July 2012. How did that prediction work out or did you mean you expected a London crash after the Rio Olympics?

    Moneyweek!


    Weren`t you predicting a Remain vote a couple of weeks ago?
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