Sunday, Jul 22, 2007
First-time buyers and borrowers will be hit by increases as early as next month, experts predict
The Landlord Association: First-time buyers and borrowers will be hit by increases as early as next month, experts predict
First-time buyers and people with personal loans or credit card debts will experience reductions in their disposable incomes, as interest rates continue to soar. The rising cost of petrol and higher utility bills will further add to a reduction in disposable income...
Posted by the landlord assocation @ 11:35 AM (221 views) Add Comment
9 Comments
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1. converted lurker said...
I've just read this, it's not landlord expert or whoever's article its the Indie's, how does this guy get away with this?
2. planning4acrash said...
I posted it earlier. This chump needs to get a life! He's clogging this site with junk. Everybody complain to webmaster, e-mail on home page.
3. planning4acrash said...
If he's shocked by it, could't he just comment against the earlier post? I am predicting the reply "But I'm just a big landlord with just a website that only reflects things posted by other people and I have so many properties and stuff, so, even if I talk bull, I will just go on a strop and you must listen to me because I said so."
4. confused76 said...
Guys,
ok he posted that, but lets discuss...
how can this news be any good for BTLers??
1. They are borrowers too and they will be hammered as well
2. When they decide to sell, buyers (i.e. the FTBs and the other borrowers) will have less purchasing power, causing downward pressure on house prices
3. Salaries aint going up, so rental yield is capped (unless you believe you have a money print in every home)
So, Dean, please tell me where is the good news for your accomplices... errrrr members
Ahahhahahh. ahhhahhahhha, ahhhhhahhahhah, ahhahhhahhhahh (like Dr Evil in Austin Powers)
5. confused76 said...
Dean,
it aint the original but gives you an idea of how I feel when thinking of the BTLers future
http://www.youtube.com/watch?v=a2skhGl6ejg
6. Scott said...
Why don't we all vote for the far left or the far right? Political instability will surely make prices drop faster.
7. denzil said...
Based on the fact that the poster of this comment thinks the government will cut rates to help FTB it is unlikely that he would be able to formulate an article on his own that made any sense hence the cut n paste.
Anyway I've said my piece and will say no more and the matter of plagiarised posts.
8. Orwell said...
Nearly time for the MPC meeting.........
9. This comment has been removed as it was found to be in breach of our Blog Policies.