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The Truth About Property - BBC2 Monday night 8pm
Comments
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My heart bleeds for the chap that will now "only" get £1.4 Million for his house!
Yeah.. even the presenter is sort of sympathising the guy has been forced to reduce asking price of the Tudor Mansion by £350,000 since 12 months ago.....
... then he finds out he bought the place for just £20,000 back in the late 1980s.
(Although admittedly it needed a lot of restoration when he bought it)0 -
Didn't really get much out of the show. Pretty much obvious stuff really.
It was basic stuff for idiots... and too sunshine happy reassuring for what is to come.
What was the end message again?
Something like: "As long as we don't fear a crash and keep spending in the shops it will be ok."
The only highlight was that guy who had the buy-to-rent firm, buying peoples' houses at a discount. I'm sure he was involved with Inside Track as well, cause they showed him on the ITV Tonight show a while back. At the end there was the hint that his strategy could turn heavily against him when the falls really begin to kick in.0 -
Here is a clip from tonights program, with a buy to let guru saying prices have already fallen 20 - 30%.
http://news.bbc.co.uk/1/hi/business/7397171.stm
:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
Save our Savers
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For once I agree with you! Big Crash loads of more bottom end property to add to my BTL Empire.
And so many Homeless single people wanting to rent, loverly large rent increases.
You are right Brit everyone in a win win.
:T :rolleyes:
And where are you going to get your:
A, Buy to Let Mortgages
B, Deposits
:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
Save our Savers
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Here is a clip from tonights program, with a buy to let guru saying prices have already fallen 20 - 30%.
http://news.bbc.co.uk/1/hi/business/7397171.stm
Fair play to that fella. Left school with no qualifications but applied logic and common sense to it all. Comes across as a smart fella with authority too, and deserving of his riches as he didn't believe in perpetual HPI unlike so many sheeple.0 -
poppysarah wrote: »Like a lot of people I suspect you've been using their house as a cash machine.
How do you stop it though?
How do you stop it? Now there is a question that I'd like to see answered. The easy answer is to not let them start using their property as a cash machine, but its too late for that one.0 -
Raj reminds me of Paul McCartney.
. . .i had to tell someone . . .0 -
2nd half of the program is on now guys 8pm0
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Time to move to Aberdeen.I'm not cynical I'm realistic
(If a link I give opens pop ups I won't know I don't use windows)0 -
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