Monday, Nov 26, 2007

Money to be made still?

Telegraph: Home, sweet home

A slowdown in the buy-to-let market could provide a much-needed fillip to first-time buyers, says Paul Farrow.

One of the reasons cited for our pension-saving malaise has been our love for all things property.

Property never used to be viewed as a way to riches or even a substitute for retirement savings - well, not among Joe Public that is. Property investing was the domain of the wealthy.

Posted by david20040_0 @ 07:35 PM (959 views) Add Comment

6 Comments

1. confused76 said...

"Needless to say, many believe that this will cause many would-be sellers, already nervous of not getting the asking price, to hold off. The Royal Institution of Chartered Surveyors reckons that, with these properties disappearing from the market in one fell swoop, activity will "grind to a halt'' with buyers left chasing a very small number of properties."

I tell you what will happen. Properties that are not selling will be withdrawn from the sale market and rented out "to wait and see"
that will depress rentals even further, forcing b@stard BTLetters to sell

AHHHHAHHAHAHHHA
AHHAHHAHHHAHHA

Monday, November 26, 2007 09:35PM Report Comment
 

2. the northerner living in oz said...

The best way to make money with property is place bets down at the local bookies
on how much prices will fall.

has any one got any bookies oodds on this ?

Monday, November 26, 2007 09:49PM Report Comment
 

3. confused76 said...

Read this article. Brings some mixed views over the bTL. There are some despicable statements by the RICS

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/11/26/cmbuy26.xml&page=1

"The RICS says there is no indication that existing landlords are looking to sell their properties. "Indeed, our survey shows rents rising at their fastest pace in the survey's eight-year history, and expectations of future rents also at record highs. Hence, the cashflow position of existing landlords should improve," says Stubbs."
why should anyone wish that the tenant misery increase?
B@stards, b@ggars, RICS and BTLers will lose their jobs and their pensions in the big crash

AHHHHH HAHHAHHA HAHHAHHAHAHHAH AHHAHHAHHAH
They deserve their fate

AHHHH HAHHAHHAHAHAHHAHh

Monday, November 26, 2007 10:11PM Report Comment
 

4. inbreda said...

Northener living in oz

try igindex.co.uk, its a spread betting firm

I opened an account with a specific view to shorting house prices. To be honest the site is rubbish, and as I have never actually placed a bet on it I can't comment on the actual ease of use, but I intend having a punt very soon. Trouble is I opnened it so long ago I can't remember my password, but in the next couple of days I intend to get it sorted and will post some "complete novice spread better" comments on this site asap.

Sorry I can't give a more professional review, but all I can say at the moment is that betting against house prices is possible on igindex

Monday, November 26, 2007 10:32PM Report Comment
 

5. daft boy said...

A slowdown ? its crash and burn time baby.

Monday, November 26, 2007 11:37PM Report Comment
 

6. Davros said...

You know what confused, that's exactly what's happening in my street. Houses on for months, don't sell, go up for rent.

Tuesday, November 27, 2007 08:54AM Report Comment
 

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