Land Registry - Property prices DOWN!!!

fc123

SquatNow wrote: »

May/June sounds about right for the Land Registry figures.

I'm predicting a mass chain collapse in March... in a 4 week period virtually every Chain will officially collapse, and there will be a mad rush to drop prices in an attempt to get a sale. The market relies on FTB. The are no FTB.

Game over man, GAME OVER!

Welcome back:wave: ; the voice of angry youth

PS; put it to good use and be careful not to offend in certain posts. Empathy is a learned skill....start practising now and it will hold you in good stead in the future.

Zammo

This is fantastic news for all you money saving fans out there.

*hugs*

SquatNow

fc123 wrote: »

Welcome back:wave: ; the voice of angry youth

PS; put it to good use and be careful not to offend in certain posts. Empathy is a learned skill....start practising now and it will hold you in good stead in the future.

God sent me to pi$$ the world off.

fc123

SquatNow wrote: »

God sent me to pi$$ the world off.

SN......do it the other way around. Get !!!!!! off and then try to change things within your own area of expertise.
"The power of one" may sound trite (I use it too much as I believe in it still)...but look at the French bloke in the bank...one person caused so much trouble.....Though I don't suggest putting your energy into destructive things....but it IS possible to make a difference to the things you believe in if you channel your energy and intelligence.........and so endeth the lecture.;)

Thomas99

firsttimetom wrote: »

an Army of swedish twenty something leggy blondes to do the housework and entertain

I'd sure buy a place with that incentive, even if the value was about to bomb

SquatNow

fc123 wrote: »

SN......do it the other way around. Get !!!!!! off and then try to change things within your own area of expertise.
"The power of one" may sound trite (I use it too much as I believe in it still)...but look at the French bloke in the bank...one person caused so much trouble.....Though I don't suggest putting your energy into destructive things....but it IS possible to make a difference to the things you believe in if you channel your energy and intelligence.........and so endeth the lecture.;)

I'm trying to expand peoples views.

Thus my retrospecive story.

And were bang on target for it to be true.

adr0ck

SquatNow wrote: »

May/June sounds about right for the Land Registry figures.

I'm predicting a mass chain collapse in March... in a 4 week period virtually every Chain will officially collapse, and there will be a mad rush to drop prices in an attempt to get a sale. The market relies on FTB. The are no FTB.

Game over man, GAME OVER!

if its going to happen......wont it happen when the capital gains tax rules change and lots of buy to lets possibly leave the market?

SquatNow

nope, just before then, people will realise that the ex BTL places will soon hit the market, that they'll be able to get a better deal on their purchase in a few weeks, that their chain is going no-where.... and they will pull out.

adr0ck

but the buy to letters selling will already be on the market wont they? (as they will be rushing to beat each other to market?)

Generali

adr0ck wrote: »

but the buy to letters selling will already be on the market wont they? (as they will be rushing to beat each other to market?)

You'd think so but psychology doesn't really work like that. People have bought 'for the long term' and so will want to hang on - we know that 'property is always the best investment in the long run' so you'd be stupid to sell. Plus there's the hassle of selling (you don't just put a sell order into Bloomberg) and the cost. And your tenants have got another 3 months on their contract......

BTLers will be forced sellers and in large numbers IMO. Just, in many cases, not the most dispassionate ones.