Crashman Begins

Lol

Can't fault it makes sense, charts make sensemble. I think I'll be close with my prediction for a 2020 crash

Didn't you make massive profits when you Sold to rent ?

Yes price rises also mean that your loan to value goes in your favour helping you to get better mortgage... but we don't like balanced arguments on here lol

I bought 5 years ago on brink of the double dip that never happened. Bring on the falls I need to up size My only advise would be to new HPCERS is research your BUY trigger otherwise you'll miss the entry point

BTLERS are bad on HPC... but sold to renters are okay apparently

Chinese tycoon Guo Guangchang detained by police One of China's richest men, Guo Guangchang, has been detained by police. His company, Fosun International, confirmed on Friday that he was assisting authorities with an investigation. The confirmation followed reports that he had gone missing. Financial magazine Caixin said that staff at Fosun had been unable to contact Mr Guo since Thursday afternoon. Fosun, one of China's biggest private conglomerates, halted trading of its Hong Kong shares following the reports. The company said that its shares would resume trading on Monday. Fosun said that Mr Guo, 48, who has been described as China's Warren Buffett, was still able to be involved in major decisions. It was not clear why police had detained him ?

ended up with a 2.34% 2 year fix, which cost nothing. Now need to up size lol

The trap will be reset once there's enough prey inside

And more to take the cheap jobs, rent off landlords and fuel the property pyramid And then we'll curse them like it's their fAult they're over here

I've noticed that owners who are happy with thier equity / or paper Gains on their property get heavily ridiculed for discussing their equity etc but sold to renters on this forum (some who didn't really need to sell) seem to be let off even though they have used the ladder to make gains & want more. Discuss , especially 1st time buyers

My mrs wants to buy a bigger place just like she wanted us to buy in 2007 Her timing to buy at a top is amazing Gold & silver at Rock bottom prices Credit binge in full effect around me. People holidaying all the time like its a good investment ?

The recession is still to fresh in the minds of the public I say the Next recession will be 2020+ I can't talk for the older crowd except to say I know a few old time landlords who were fine before recession & are stil fine today. To me this feels like 2006. Anyone buying nkw is buying on a shared ownership or far outskirts of london. money now being spent by youngsters On big / new cars on credit. Everyone copying each other but not realising a lot of these kids have wealthy parents. Lots of youngsters living at home going out spending ridiculous amounts on booze, holidays, clothes Lifestyle. Kids are now not a consideration until mid/ late 30s Yes plenty of lambs to the slaughter. Just more time needed to herd them all in

The market crashes when it's ready to. Not when you say it should It crashed in 2007, Next crash due 2019-2022 when the masses have forgotten about everything and are spending every penny On crap. Kind of feels like it now but there's more room to go next time round. Like I said time and time again. I barely even saw a crash on the outskirts of London. The next crash will take more prisoners.

If it's financially right go for it. Don't let your life be put on pause for money & property As you were born without it & will die without it. remember a crash only lasts 5 or so years max, look at the length of the previous ones. IMO The next crash will happen 2020 - 2022 , which falls into the every 10-15 year pattern