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Well done. Thanks, Laura.
Does anyone here post on Motley Fool? If so, you couldn't post a link to this could you?
Uk Property: How Low Can It Go
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#32
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Posted 10 July 2008 - 08:38 AM
Frizzers, on Jul 9 2008, 07:35 PM, said:
Well done. Thanks, Laura.
Does anyone here post on Motley Fool? If so, you couldn't post a link to this could you?
Does anyone here post on Motley Fool? If so, you couldn't post a link to this could you?
Yes I do and No I won't as it's kinda frowned on. TBH Laura's got you potentially better exposure for your business on MSE, suggest you get in touch with David Kuo at The Fool yourself and the guys at Moneyweek...oh 'ang on MSW can help you there.
Use FP to get a shoe in at R4, not sure how your model fits, but if you get enough respected talking heads it could be a fascinating pitch.
Propaganda is to a democracy what violence is to a dictatorship
#33
- Ponzi Fighter Pilot......
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Posted 10 July 2008 - 10:21 AM
finally finished listening to it.all the guests were good and bring a different angle.Particularly enjoyed FP as normally you hear him and he's fending off the VIs at the same time as trying to make the case.
I personally think this is the strength of CWR,giving people time to expand on their ideas and views without some VI presenter -Declan- desperately spinning under instruction.
Was nice to hear Bubb and Schu getting to grips with rental yields and salary/house price multiples as I feel this is often neglected in the wider press-probably because the figures are so frightening.
keep up the good work frizzers
I personally think this is the strength of CWR,giving people time to expand on their ideas and views without some VI presenter -Declan- desperately spinning under instruction.
Was nice to hear Bubb and Schu getting to grips with rental yields and salary/house price multiples as I feel this is often neglected in the wider press-probably because the figures are so frightening.
keep up the good work frizzers
Blaming greed for a banking crisis is like blaming gravity for an airplane crash. Injin 10/12/2009 (a rare moment of clarity)
Red Kharma, on 31 May 2010 - 11:51 AM, said:
Most gold buyers will get creamed, eventually and for the very reasons they think they won't.
#34
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Posted 10 July 2008 - 11:48 AM
Frizzers, on Jul 10 2008, 08:35 AM, said:
Well done. Thanks, Laura.
My pleasure.
Where do I send the invoice?
..................................
Ubi bene ibi patria
“…it is difficult enough to convince some people that the economy is in fact not providing the security they desire, but is actually destroying their future completely. To explain to them that this is deliberate, that the economy is designed to self-destruct, that is another prospect altogether…
Ambrose Evans-Pritchard 25/7/2010
Ubi bene ibi patria
“…it is difficult enough to convince some people that the economy is in fact not providing the security they desire, but is actually destroying their future completely. To explain to them that this is deliberate, that the economy is designed to self-destruct, that is another prospect altogether…
Ambrose Evans-Pritchard 25/7/2010
#35
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Posted 10 July 2008 - 12:27 PM
We need more podcasts like this. Nice to see people putting their money where their mouths are and renting too like moneyweeks editor....
#36
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Posted 10 July 2008 - 10:25 PM
Great listen. This should kill any remaining property rampers stone dead. But how do you get it out to the bigger audience?
'And while I live, no fool or noble knave
Shall walk this world, in credit, to his grave..'
'The pension system has been a very nice gravy train for all of those involved except for those paying into it.'
'Let's see if we can get it for the asking price..' Kirstie Allsop
"Be under no illusion. You will not escape the net..." S'rAlan Sugar
Sex, drugs and sausage rolls...
The House of Lords: 'The Ermine Vermin....'
Shall walk this world, in credit, to his grave..'
'The pension system has been a very nice gravy train for all of those involved except for those paying into it.'
'Let's see if we can get it for the asking price..' Kirstie Allsop
"Be under no illusion. You will not escape the net..." S'rAlan Sugar
Sex, drugs and sausage rolls...
The House of Lords: 'The Ermine Vermin....'
#37
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Posted 11 July 2008 - 01:24 AM
An excellent show. Thanks Frizzers and all the interviewees.
Video at guardian.co.uk: Gold for Food in Zimbabwe.
Video at YouTube: Buying groceries with silver in California.
Energy Bulletin A daily news site about oil, natural gas, food, transportation and their economic and social ramifications.
Rebullion; 'The act of withdrawing all your money from the bank and putting it in gold.' - wonderpup, 24 Dec 2009
Video at YouTube: Buying groceries with silver in California.
Energy Bulletin A daily news site about oil, natural gas, food, transportation and their economic and social ramifications.
Rebullion; 'The act of withdrawing all your money from the bank and putting it in gold.' - wonderpup, 24 Dec 2009
#39
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Posted 11 July 2008 - 11:21 AM
"How Low Can It Go"
Well if you work out that the average family mortgage/rent affordability is £ 500- £ 600 a month. This would equate to
£ 80K to £ 90K loan over 25 years at 7% with paying some principal off . Seems we have a long way to go before FTBs will flood the market again, remember last CRASH it took about 3 years even after bottoming out before confidence was restored and this coincided with the IT boom . Cheap Credit and Investors have created a Unsustainable Bubble which has now burst.
Well if you work out that the average family mortgage/rent affordability is £ 500- £ 600 a month. This would equate to
£ 80K to £ 90K loan over 25 years at 7% with paying some principal off . Seems we have a long way to go before FTBs will flood the market again, remember last CRASH it took about 3 years even after bottoming out before confidence was restored and this coincided with the IT boom . Cheap Credit and Investors have created a Unsustainable Bubble which has now burst.
This post has been edited by joey: 11 July 2008 - 11:21 AM
#40
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Posted 11 July 2008 - 03:06 PM
frizzers,I've mailed the link to a few friends who I occasionally send recessionary stuff to. and had some positive feedback in terms of content and style.They aren't investing types and this is the first CWR show that I thought theyd get and is relevant to their lives.
Well done.
Well done.
Blaming greed for a banking crisis is like blaming gravity for an airplane crash. Injin 10/12/2009 (a rare moment of clarity)
Red Kharma, on 31 May 2010 - 11:51 AM, said:
Most gold buyers will get creamed, eventually and for the very reasons they think they won't.
#41
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Posted 11 July 2008 - 04:25 PM
Frizzers, on Jul 11 2008, 12:15 PM, said:
Test
Test indeed
It's now attached to my sig over at ykw
The things I do for little or no reward. It must be the way I was brought up. "Always put other people first child, if everyone did that it would be a fine world..........As you sew so shall you reap...................
..................................
Ubi bene ibi patria
“…it is difficult enough to convince some people that the economy is in fact not providing the security they desire, but is actually destroying their future completely. To explain to them that this is deliberate, that the economy is designed to self-destruct, that is another prospect altogether…
Ambrose Evans-Pritchard 25/7/2010
Ubi bene ibi patria
“…it is difficult enough to convince some people that the economy is in fact not providing the security they desire, but is actually destroying their future completely. To explain to them that this is deliberate, that the economy is designed to self-destruct, that is another prospect altogether…
Ambrose Evans-Pritchard 25/7/2010
#43
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Posted 11 July 2008 - 07:59 PM
Although I've already posted on the excellence of the show, I've got a question kinda like the title of this thread.
The majority of forecasts seem to now be around the -30 to -40% range. As a FTBer, myself and most of my friends who routinely debate this at work and the pub are all in the position where we cannot see being able to afford a normal repayment mortgage even with prices falling by those kind of amounts. The consensus for us is that we need at least 50 to 60% falls to have a hope.
The majority of forecasts seem to now be around the -30 to -40% range. As a FTBer, myself and most of my friends who routinely debate this at work and the pub are all in the position where we cannot see being able to afford a normal repayment mortgage even with prices falling by those kind of amounts. The consensus for us is that we need at least 50 to 60% falls to have a hope.
This post has been edited by Khayl: 12 July 2008 - 09:22 AM
#44
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Posted 12 July 2008 - 09:41 AM
Frizzers, on Jul 11 2008, 08:37 PM, said:
Cool .
What is ykw?
What is ykw?
Sorry Frizzers, my age is showing again
You Know What
or
You Know Where
ie MSE
Will we only speak code one day??
________________
Khayl
You will get your 60% & more.
This post has been edited by Laura: 12 July 2008 - 09:43 AM
..................................
Ubi bene ibi patria
“…it is difficult enough to convince some people that the economy is in fact not providing the security they desire, but is actually destroying their future completely. To explain to them that this is deliberate, that the economy is designed to self-destruct, that is another prospect altogether…
Ambrose Evans-Pritchard 25/7/2010
Ubi bene ibi patria
“…it is difficult enough to convince some people that the economy is in fact not providing the security they desire, but is actually destroying their future completely. To explain to them that this is deliberate, that the economy is designed to self-destruct, that is another prospect altogether…
Ambrose Evans-Pritchard 25/7/2010
#45
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Posted 12 July 2008 - 10:17 AM
Khayl, on Jul 11 2008, 08:59 PM, said:
Although I've already posted on the excellence of the show, I've got a question kinda like the title of this thread.
The majority of forecasts seem to now be around the -30 to -40% range. As a FTBer, myself and most of my friends who routinely debate this at work and the pub are all in the position where we cannot see being able to afford a normal repayment mortgage even with prices falling by those kind of amounts. The consensus for us is that we need at least 50 to 60% falls to have a hope.
The majority of forecasts seem to now be around the -30 to -40% range. As a FTBer, myself and most of my friends who routinely debate this at work and the pub are all in the position where we cannot see being able to afford a normal repayment mortgage even with prices falling by those kind of amounts. The consensus for us is that we need at least 50 to 60% falls to have a hope.
average house 180k average salary 23k-median.currently 7.82 times long term average 3.5 = 80.5k.......................
and thats if the average salary doesn't go down into the recession.
Blaming greed for a banking crisis is like blaming gravity for an airplane crash. Injin 10/12/2009 (a rare moment of clarity)
Red Kharma, on 31 May 2010 - 11:51 AM, said:
Most gold buyers will get creamed, eventually and for the very reasons they think they won't.