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House Price Crash Forum

Dominic

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About Dominic

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  1. Sorry for my absence today I am at present sipping a glass of wine at the Café de Paris in Monaco. I Started life as a Surveyor and was a main board Director of a public company in construction at the age of 27. What makes a property expert? Simple answer making money year after year even in a recession, and never buy property in fringe areas. If property values were reduced by 50% it would make no difference to us apart from not having to fork out less money for a purchase ,but it would make a great deal of difference to people that have borrowed vast sums of money. For unselfish reasons I feel that scaremongering does not achieve anything and I have heard it said that this site has prophesied a crash for many years so far I have not heard of too many large price drops even in the fringe areas. Poor Dom my namesake he has been badly maligned and I am sure he is a very nice caring man.
  2. I must admit I have commented many times on many UK radio programmes also Riviera Radio and all the Maltese media outlets to name a few.
  3. I must admit I have commented many times on many UK radio programmes also Riviera Radio and all the Maltese media outlets to name a few.
  4. Keep the moronic remarks coming no hope boy ,as it shows what idiots contribute to this site and nobody will ever take you seriously? I feel a few more stupid comments and I will have enough ammunition to distribute far and wide what cretins some of you are. Gutter and snipe seems to be coming into my mind. What Borstals were you educated at because they did a very good job?
  5. Stupidity certainly reigns on this site you will never ever see that day again your remarks were made for Gateshead stay there
  6. I did not realise there are so many brain dead individuals all hoping and praying for a housing crash which might give themselves an opportunity to get a property cheap . In the prime areas of London it is still a situation of lack of supply of large freehold houses and medium sized freehold offices the basics of economics is supply and demand. The three P’s in property position, position, position historically always triumphs. I do wish the idiots were right because we would love to buy cheap in the prime areas but it will not happen. Despite what might be happening in different parts of the country certain properties in prime areas are still going to closed bids and in the prime areas of London I have seen in the last month at least 14 closed bids on properties between 1M-5M most of the people are experts in property and banking that are snapping up the properties most of the down market areas will most probably be affected with the help of Journalists and all the other morons. As for the remark about Foxtons most people I know would not consult them to cross the road .
  7. How is it that the BBC on 5 live allow idiots like that Jonathan commenting on a house price crash quoting a 40% crash it is totally irresponsible and Journalists banging the drum every day is completely against the well being of millions of home owners. I view this uncontrolled irresponsible reporting dangerous to Britain’s economy and much more serious than insider trading the Government should step in to stop uninformed unqualified reporting to what is people’s largest investment. As a property expert I am sick to the back teeth listening to the twaddle the BBC churn out every day. There is only one reason why people are starting to panic and that stems from uninformed Journalists banging the drum every day. In the last recession pockets all over the country were affected and many pockets not. As like topics on Europe on other subjects no balance. If you take London the prime areas of Knightsbridge, Belgravia, Marylebone, Soho and Covent Garden were unaffected in the last recession. BBC have like so many companies Journalists that have not got a clue and entertain a hypothetical line that has no bearing in the current prime London market with 5% interest rates and low unemployment, people should not believe all they hear from uninformed Journalists. In the last month I have seen five closed bid situations with prices ranging from 1M-4M Agitated
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