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Bearish to bullish this year and now back to bearish..

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Bearish to bullish this year and now back to bearish..

11 replies 178 views
Things move so quickly, at the start of this year after changing my slightly property bearish stance to a slight Bullish one, I have now had to change my mind again for the next few years because of the coronavirus and admit we are now looking at falls of anything up to 6% falls in the next 3 years.
What do you think?
«1

Replies

  • _mayonnaise__mayonnaise_ Forumite
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    I think you're obsessed.

    I used to be mayonnaise
  • triathlontriathlon Forumite
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    I think you're obsessed.

    With what?

  • ThrugelmirThrugelmir Forumite
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    Four words. Extent of job losses . A ripple has the potential to become a tsunami. (Let's hope that the UK avoids the worst). 
    Doubt that many amateur LL's have the appropriate insurance to cover loss of rental income either. Could be a double whammy for a few. 
    Being over leveraged is going to catch out those swimming without their trunks on. 
    “An investor who has all the answers doesn’t even understand all the questions.” - John Templeton
  • edited 14 March at 4:43PM
    triathlontriathlon Forumite
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    edited 14 March at 4:43PM
    Four words. Extent of job losses . A ripple has the potential to become a tsunami. (Let's hope that the UK avoids the worst). 
    Doubt that many amateur LL's have the appropriate insurance to cover loss of rental income either. Could be a double whammy for a few. 
    Being over leveraged is going to catch out those swimming without their trunks on. 
    Contrary to what some posters are writing about us LL's I fully concede that coronavirus will have an impact on the housing market and more importantly to the Bitcoin holding vultures on here looking for a few price drops as well. But like a lot of people now I am starting to believe this is going to be hard and sudden and then over with as quickly with the economy rapidly return to norm. At the end of the day the worst thing most people are going to feel is a few days mild sickness with the reward of a 2 week break and then it's over for them.
    This will probably kill off a lot of the zombie businesses as well as bad LL's, which will not be a bad thing
  • ThrugelmirThrugelmir Forumite
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    Early days. I'd hold back judgement. Impact isn't going to be evenly spread. Some areas are going to be more badly affected than others. 
    “An investor who has all the answers doesn’t even understand all the questions.” - John Templeton
  • silvertoothsilvertooth Forumite
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    triathlon said:
    Things move so quickly, at the start of this year after changing my slightly property bearish stance to a slight Bullish one, I have now had to change my mind again for the next few years because of the coronavirus and admit we are now looking at falls of anything up to 6% falls in the next 3 years.
    What do you think?
    6% is tiny 

    we are looking at banks not surviving the first quarter this year

    its going to be another Great Depression or worse
  • triathlontriathlon Forumite
    969 posts
    500 Posts Second Anniversary
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    triathlon said:
    Things move so quickly, at the start of this year after changing my slightly property bearish stance to a slight Bullish one, I have now had to change my mind again for the next few years because of the coronavirus and admit we are now looking at falls of anything up to 6% falls in the next 3 years.
    What do you think?
    6% is tiny 

    we are looking at banks not surviving the first quarter this year

    its going to be another Great Depression or worse
    Where are you facts?
    Just wild guesses on what you would like to see happen based on the same "silver is great" analysis you use.
    You no no more about this virus than the rest of us, stop trolling this board please
  • silvertoothsilvertooth Forumite
    240 posts
    100 Posts
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    triathlon said:
    triathlon said:
    Things move so quickly, at the start of this year after changing my slightly property bearish stance to a slight Bullish one, I have now had to change my mind again for the next few years because of the coronavirus and admit we are now looking at falls of anything up to 6% falls in the next 3 years.
    What do you think?
    6% is tiny 

    we are looking at banks not surviving the first quarter this year

    its going to be another Great Depression or worse
    Where are you facts?
    Just wild guesses on what you would like to see happen based on the same "silver is great" analysis you use.
    You no no more about this virus than the rest of us, stop trolling this board please
    I hope your wisdom is better than your spelling

    if you think the banks can survive this then you are even more deluded than the perma prop bulls on here
  • triathlontriathlon Forumite
    969 posts
    500 Posts Second Anniversary
    ✭✭✭
    triathlon said:
    triathlon said:
    Things move so quickly, at the start of this year after changing my slightly property bearish stance to a slight Bullish one, I have now had to change my mind again for the next few years because of the coronavirus and admit we are now looking at falls of anything up to 6% falls in the next 3 years.
    What do you think?
    6% is tiny 

    we are looking at banks not surviving the first quarter this year

    its going to be another Great Depression or worse
    Where are you facts?
    Just wild guesses on what you would like to see happen based on the same "silver is great" analysis you use.
    You no no more about this virus than the rest of us, stop trolling this board please
    I hope your wisdom is better than your spelling

    if you think the banks can survive this then you are even more deluded than the perma prop bulls on here
    Spelling I don't mind getting wrong, decades of bad financial choices I do. Hope your good spelling gives you comfort at night in that bedsit of yours as I collect rent on my 13 pwoperties
  • silvertoothsilvertooth Forumite
    240 posts
    100 Posts
    ✭✭
    triathlon said:
    triathlon said:
    triathlon said:
    Things move so quickly, at the start of this year after changing my slightly property bearish stance to a slight Bullish one, I have now had to change my mind again for the next few years because of the coronavirus and admit we are now looking at falls of anything up to 6% falls in the next 3 years.
    What do you think?
    6% is tiny 

    we are looking at banks not surviving the first quarter this year

    its going to be another Great Depression or worse
    Where are you facts?
    Just wild guesses on what you would like to see happen based on the same "silver is great" analysis you use.
    You no no more about this virus than the rest of us, stop trolling this board please
    I hope your wisdom is better than your spelling

    if you think the banks can survive this then you are even more deluded than the perma prop bulls on here
    Spelling I don't mind getting wrong, decades of bad financial choices I do. Hope your good spelling gives you comfort at night in that bedsit of yours as I collect rent on my 13 pwoperties
    I hope you don’t lose too much from your 13 rental properties as the property markets collapse over the next few years
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