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There will not be a crash

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  • More renters = bouyant rents = good reliable yield = more BLTers = sustained demand.

    Perhaps my maths is a little rusty but bare with me

    More renters = bouyant rents = rent boys?:eek:
    "A goldfish left Lincoln logs in me sock drawer!"

    "That's the story of JESUS."
  • :rotfl: :rotfl: :rotfl:

    You never know!!!
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    I think UKBondraider has confirmed my point that supply and demand is a little more complicated, and "demand" is still created by renters.

    More renters = bouyant rents = good reliable yield = more BLTers = sustained demand.

    No, what has happened is that you have an answer that you want to hear.

    Good luck with your venture. I hope you do well.
  • Generali wrote: »
    No, what has happened is that you have an answer that you want to hear.

    Good luck with your venture. I hope you do well.

    Yes, that you also confimed "It's true what you say but my point was about 'What is supply and demand' rather than 'What will happen to house prices'.".

    So we'll agree to errr, agree ;)

    Thanks, but I've already done well ;)
  • dolcevita wrote: »
    Nice on Gen.

    Your posts often remind me of captain blackadder in THIS SCENE.



    I won't say who baldrick or geoege remind me of

    He reminds me more of Marie Antoinette......Let them eat cake....poor Britney and Chlamydia, alone in the world after their split from Alphonse, can't pay their £700 per month mortgage, but hey...no worries they can rent for £700 a month from Dangerman !!!.
    I wouldn't want him as a landlord and I wouldn't want Addi as my Doctor LOL.

    You're banging your heads against a brick wall here boys...I think he's winding you up...nobody can REALLY be this obtuse.:rotfl: :rotfl: :rotfl: :rotfl:
    This thread has kept me reading late the last two nights....brilliant :T
    Don't believe everything you think.

    Blessed are the cracked...for they are the ones who let in the light. A x
  • Lotus-eater
    Lotus-eater Posts: 10,789 Forumite
    10,000 Posts Combo Breaker
    Addy1 wrote: »
    Thanks very much. I actually find that pretty offensive as you have no idea of my abilities and nothing I have said on here indicates that I cannot do my job.
    Don't let it get to you, I'm sure there are lots of men on here that would be happy for you to give them some good doctoring. :p
    Freedom is not worth having if it does not include the freedom to make mistakes.
  • He reminds me more of Marie Antoinette......Let them eat cake....poor Britney and Chlamydia, alone in the world after their split from Alphonse, can't pay their £700 per month mortgage, but hey...no worries they can rent for £700 a month from Dangerman !!!.
    I wouldn't want him as a landlord and I wouldn't want Addi as my Doctor LOL.

    You're banging your heads against a brick wall here boys...I think he's winding you up...nobody can REALLY be this obtuse.:rotfl: :rotfl: :rotfl: :rotfl:
    This thread has kept me reading late the last two nights....brilliant :T

    If you were renting (I don't know if you were or not) you wouldn't know me because I use a letting agent ;)

    Nope no wind up, really. It's easy to talk the talk, but I've walked the walk, and created a nice life. I'm not going to feel guilty that FTBers could be renting from me(I don't know them either, other than their names), I was a FTB once and I've not done anything special, just used my cash in the best way I saw fit to enjoy life. As many(maybe yourself included) on here will enjoy, it's a fantastic feeling knowing that you can pay whatever bill comes through the door, and to go to a restaurant and not even look at the bill.
  • Turnbull2000
    Turnbull2000 Posts: 1,807 Forumite
    If you were renting (I don't know if you were or not) you wouldn't know me because I use a letting agent ;)

    Nope no wind up, really. It's easy to talk the talk, but I've walked the walk, and created a nice life. I'm not going to feel guilty that FTBers could be renting from me(I don't know them either, other than their names), I was a FTB once and I've not done anything special, just used my cash in the best way I saw fit to enjoy life. As many(maybe yourself included) on here will enjoy, it's a fantastic feeling knowing that you can pay whatever bill comes through the door, and to go to a restaurant and not even look at the bill.

    F*king hell, is this man for real.

    Let me ask, how old are you Dangerman?
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • I've already answered that.... 23

    First house bought at 20..... all houses with significant equity and ALL turning a profit from the interest.

    So I'm not even concerened if they did go down in value(although I don't think there will be any significant changes this year, up or down) , because I have no intention to sell, but the profit will creep up year on year when I put the rents up.

    If you look at my posts, I didn't start bragging about money - I started by stating my believe that prices will stagnate this year. Then I got abuse stating that I was "stupid, insane, and idiot". It really doesn't bother me, but I thought I would point out that so far it seems I have done something right.
  • Turnbull2000
    Turnbull2000 Posts: 1,807 Forumite
    Then well done to you. Makes a change from those who bought for a tuppence 15/25/35 years ago and gallop in here on their high horse.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
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