Good property crash BTLs

HGLTsuperstar

eurows wrote:

Poppycock

In huddersfield student houses fell down a hole as the university decided to spend money on building their own student accomodation.

OK but that just proves that local markets vary and you cant generalise, so dont you dismiss my knowledge of the Birmingham scene, which has a v.large student population, and I wont comment on Huddersfield as I have never been there and nothing about it!

eurows

OK but that just proves that local markets vary and you cant generalise, so dont you dismiss my knowledge of the Birmingham scene, which has a v.large student population, and I wont comment on Huddersfield as I have never been there and nothing about it!

Shows your intelligence. I hear all universities are at least looking at the financial implications of owning their own student halls.

Start crapping your pants

eurows

I disagree, and notice from your posts in other threads that you seem to have an undeclared vested interest in trying to convince people that property prices are going to crash, pal.

and you talk the biggest load of boll***s ever.

Its not convincing people its wakening people to the impending crash. That will be doing far more good to people in the long run. Prices WILL fall and idiots like you will have added your twopence worth to their debts.

Pennywise

I remember this kind of entrenched argument just before the dot.com crash. It was blatantly obvious that prices were grossly overvalued but those who stood to lose the most kept kidding themselves and telling anyone who would listen that the crash wouldn't happen. There will be a massive property crash and people will lose a lot of money - the only question is when!

GDB2222

Dan29 wrote:

I disagree, and notice from your posts in other threads that you seem to have an undeclared vested interest in trying to convince people that property prices are going to crash, pal.

I take it that 'vested interest' is just a figure of speech, rather than an accusation? This topic seems to generate a lot of heat, and it's probably best not to make any personal comments.

I must say that now seems to be a very perplexing time for people like me who are expecting a property crash. It's a bit late coming. I think that any bearish remarks should just be taken as a well-meant warning.

rozeepozee

What a fiery thread....! I won't even be drawn on the will there/won't there be a crash argument!

Regarding student lets, I can talk of my own experience in Sheffield: loads of large hall type residences have been built in the last few years with all the mod cons that have been mentioned but some with rooms like prison cells and they are also much more expensive to rent (80 quid per week). I have one nicely presented 4 bed student house very close to the university let for 60 pound pppw and have not lost so much as a day's rent in 6 years. My letting agent says she could rent the place 20 times over but that houses further away from campus or up hills (lazy students!) are staying empty and landlords are selling up.

lush_walrus

eurows wrote:

and you talk the biggest load of boll***s ever.

Eurows, why are you being so rude and offensive? Do you really think this is how to behave on here or in life? It doesnt clarify any of your points, infact it does the complete opposite.

MattLG

OK, as the originator of this thread I'd like to ask everyone to drop the arguing about crashes. This is not a discussion about whether there will or won't be a crash, it's a discussion about what will be good property investments if/when there is a crash.

Also, I think we can all see that generalisations about Universities are just that, and there's bound to be some that do not fit the proposed/hypothesised models.

Cheers for your helpful comments so far :-)

MattLG

MattLG

kinster wrote:

which crystal ball did they look into?

The crystal ball of experience, which the people who've been doing this for only 5-6 years don't have.

MattLG

PS. Yes I know I've just gone against my own request to not discuss this :-)