crazypabs

The rats are jumping ship...SELL SELL SELL

Recommended Posts

2 minutes ago, crazypabs said:

property tripe's lot are squealing

https://www.propertytribes.com/markets-are-moving-as-they-say-all-change-t-127633505.html

i can't honestly believe what I am reading  in there, unless they have tonnes of trolls they must really be panicking

 

 

Great read! Sentiment is everything, hopefully the domino effect has begun. 

Share this post


Link to post
Share on other sites
13 minutes ago, crazypabs said:

property tripe's lot are squealing

https://www.propertytribes.com/markets-are-moving-as-they-say-all-change-t-127633505.html

i can't honestly believe what I am reading  in there, unless they have tonnes of trolls they must really be panicking

 

 

The clever ones would have been calming the waters while furiously off loading everything they had, like an elegant swan.

 

Black_Swan_in_Australia.JPG

 

Share this post


Link to post
Share on other sites

Maybe the clever ones are trying to create a bit of a panic to create a fire sale to create bargains to get rich.

 

TBF it's one guy saying how bad it all is on a thread with 5 people. 

Share this post


Link to post
Share on other sites

"Property is like a  Mexican wave which rolls around a  stadium"

 

"London will come back and stand up once again when the wave comes back around"

Obviously not heard of Tokyo.

When a stand collapses, the people who left early always survive

 

Edited by TheCountOfNowhere

Share this post


Link to post
Share on other sites

I feel dity reading that.

 

They are writing all that with a straight face.  They all sounds like investment gurus not shysters who've ridden the wave of low IRs, money printing, bail outs, destruction of peoples futures, mass banker theft, debt enslavement, the potential collapse of society etc etc etc.

They fail to realise....if they are thinking of selling, so is everyone else.

Anyone with multiple pwopatees are 18 months too late, you might get 1/2/3 but the others will bring them down.

The only winners ultimately are....THE BANKERS and the LANDED ESTABLISHMENT.

Share this post


Link to post
Share on other sites
9 minutes ago, TheCountOfNowhere said:

I feel dity reading that.

 

They are writing all that with a straight face.  They all sounds like investment gurus not shysters who've ridden the wave of low IRs, money printing, bail outs, destruction of peoples futures, mass banker theft, debt enslavement, the potential collapse of society etc etc etc.

They fail to realise....if they are thinking of selling, so is everyone else.

Anyone with multiple pwopatees are 18 months too late, you might get 1/2/3 but the others will bring them down.

The only winners ultimately are....THE BANKERS and the LANDED ESTABLISHMENT.

George Osbourne created a mini boom with 9 months notice to allow anyone clueful to escape.

Equally prices have kept until recently at at least April 2016 prices so there is little excuse to not have escaped - its not as if things were changed overnight and you didn't get any notice.

Share this post


Link to post
Share on other sites

Property is like a  Mexican wave which rolls around a  stadium

There are world waves , country waves, regional waves, city waves, estate waves, street waves

Timing of these waves is difficult but eminently possible if you do triple  DD and give it the time it deserves

London will come back and stand up once again when the wave comes back around

London is the nearest definition to property stability as one can ever expect to get in my lifetime

The question is do you sit still patiently,  buy a few units and wait for the next wave

Or do you leave the stadium

Personally I sit still buy a few units and wait for the next wave because I`m a lazy son of a b***h 

yeah ride the wave man ride it. 

rescue_crop380w.jpg?1289666872

 

 

Share this post


Link to post
Share on other sites

i was expecting reality to finally start hitting, next year should see a large pull-back in house prices.

Another 6 months and we should see a rush to sell starting, 2019 should be full of bargains.

Share this post


Link to post
Share on other sites

Its about 50/50 in that thread. Half are saying S24 means it unworkable, half are saying just going to have to ride the choppy waters for a while. (The more positive half sound like they have been in it longer and have adopted a more nuanced or conservative approach over many years.)  All accept that there are leaner times coming.

Share this post


Link to post
Share on other sites
4 minutes ago, AdamoMucci said:

Its about 50/50 in that thread. Half are saying S24 means it unworkable, half are saying just going to have to ride the choppy waters for a while. (The more positive half sound like they have been in it longer and have adopted a more nuanced or conservative approach over many years.)  All accept that there are leaner times coming.

Depends when you jumped on the wave.

Someone pointed out they are worried about future legislation.

If a party needs the votes of millions of priced out young people to keep power....guess what'll happen.

If a right wing party hell bent on throwing out immigrants rises and holds the balance of power ( as predicted by me a decade a go )....guess what'll happen.

 

The future is unpredictable but the past is there for all to see.

We all know it's coming, it's taking longer than anyone could have imagined but a massive collapse on house prices is on the  cards....it's never gone away.

Hopefully the speculators now trying to sell up are stuck and loose it all + interest.

Edited by TheCountOfNowhere

Share this post


Link to post
Share on other sites
1 minute ago, AdamoMucci said:

Its about 50/50 in that thread. Half are saying S24 means it unworkable, half are saying just going to have to ride the choppy waters for a while. (The more positive half sound like they have been in it longer and have adopted a more nuanced or conservative approach over many years.)  All accept that there are leaner times coming.

it all boils down to when they bought. plenty established LL`s would have had stock from the 90`s. they have no reason to sell.

last ones in first ones out ;)

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Pay Day Loans   190 members have voted

    1. 1. Do you believe the government should intervene in the payday loan market?


      • The market should be free to regulate itself.
      • The government should impose maximum interest rates.
      • The government should ban payday loans.

    Please sign in or register to vote in this poll. View topic