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

triathlon

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?

_mayonnaise_

I think you're obsessed.

triathlon

_mayonnaise_ said:

I think you're obsessed.

With what?

Thrugelmir

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. 

triathlon

Thrugelmir said:

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

Thrugelmir

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. 

silvertooth

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

triathlon

silvertooth 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

silvertooth

triathlon said:

silvertooth 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

triathlon

silvertooth said:

triathlon said:

silvertooth 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

silvertooth

triathlon said:

silvertooth said:

triathlon said:

silvertooth 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