yeboahconstrictor

mortgages not in Euros - Swiss Francs Cheers YeboC

happy to be here my friend! If I'm a bull why does my profile say I'm a bear?!? If your going to make loads by buying repo's doesn't that fly in the face of the lefties on here who will condemn this approach as it steals the opportunity from those poor first time buyers? I've asked on a few threads now: a/ What is a VI? b/ how do I search for posts back to say 2004? Any help appreciated Cheers YeboC

great news, I'm looking to sell a couple of properties soon and they are in Euro currency. Long may this continue. Cheers YeboC

Ha. One never stops learning, I hope to get another insight here. Why do you detest enterprise so much? Usually with your sort it's because a/ you dont have the balls to have a go or b/dont have the brass or c/ plain jealosy Which one do you fall into - all three? Cheers YeboC

Greed? Don't think so, sounds like your mate, however misguided, was showing enterprise and trying to make a better life for himself. Nowt wrong wi that in my book. Clearly this board is riddled with socialists stuck in the 1970's. Cheers YeboC

I'm confused. One poster on another thread said he met with the Nationwide recently and they said 30-40% dip, yet they are quoted in the recent press saying dip is "highly unlikely" Someone must be talking shit. Cheers YeboC

out of interest, how long has this site being going for? How do I execute an archive search back to, say, 2004? Cheers YeboC

Absolutely not. I'm merely acknowledging how excited hpc'ers get over house deflation. Objectively read the posts for yourself - if one could package this type of enthusiasm and channel it towards something useful then half this board would be millionaires!! lol!! Cheers YeboC

I dont know what you are suggesting Dazed? Are you saying that out of compassion I should stop focusing on early retirement and instead do my bit to help the first time buyers. An altruistic yet cloud cookoo land approach. Like saying if we give up nukes then the world will be a safer place. Cheers YeboC

Tissues at the ready, the crash is upon us we're all doomed. Some like porn as a turn on...others like house deflation. Each to their own i guess. It is wrong to suggest prices are falling today by only citing figures since September '07, thats just 2 months ffs. The growth is slowing but prices nationally are certainly not dropping: UK annual house price inflation in September 2007 was 10.8 per cent, down from 11.3 per cent in August 2007. Annual house price inflation in London was 16.5 per cent in September, down from 17.2 per cent in August. these are facts not my opinion. Cheers YeboC

will do. Anti war? In answer to the original post - I'm IT security sales, I'd work harder and sell more in a toughened market. As i've pulled every investment out of the UK I'm less concerned. Cheers YeboC

Useful input - thanks. Looking at my contract, I signed in November 2005 but dont complete until Sept '08, approaching 3 years but two years as of today. £10k is about right, probably a little less but like to pessimist on costs (yes did get Swiss mortgage). Agreed in the bank is the only profit that counts, dont mind dropping 10% would still make tidy profit from f all work. Re Equity markets, your note flags a decent investment opp, however, I know nothing about these markets. I'm of the opinion that even in a buoyant market it is investment suicide to jump in with little or no knowledge. Cheers YeboC

Whats a VI? Cheers YeboC

Maybe I am a Leech - but a self made leech at that. I only actually came onto the property ladder in 2000 after renting for 9 years. After graduating I was fortunate enough to get my first job, work my backside off and earn a relatively decent wage for a post graduate. Essentially, no-one helped me get onto the ladder that was still very difficult to get on the first run - I just got my head down and worked for it. Do I give a fark that first timers face similar challenges today - do I fark. My advise to those people is to get a better job or work harder but don't blame amateur specualtors like me for getting a job, having the balls to get off my **** and have a crack at banking early retirement. I suugest you sign up to the Leftie militant magazine, sounds right up yours and scuzmee's street. Cheers YeboC

Please ensure you get your facts rights before posting nonsense in front of your fellow crash heads. The Leeds CC has experienced gross over supply but outside the CC the house prices have experienced steady postitive growth. I know this cos I have made decent returns in suburban areas around Leeds. Where as I have friends who have lost money over 4 year investment period in CC. So don't talk sheeeiite. Cheers YeboC

I was there right behind the goal!! What a man!! I was at the Wimbledon a week later for a similar strike en all. They are dogs - Maximus and Bonzo, check the link out below!! Uninformed about the future? In the UK I see no great returns and a potential cooling in the market, maybe some kind of crash (up to 20%) - that's why i have zero investments in the UK. So yeh, I guess I've taken my eye off the UK market in last 2 years as I no longer have a vested interest. I'm heavily investing in S America (Brazil) and to a lesser extent, Malaysia (KL) - would be keen to read your thoughts good or bad. I think Brazil has the potential to explode (GDP growth, lower interest rates, emerging middle class, increase in flights from Europe, new airport in the North East etc etc) but also recognise its probably a medium term investment say 7-10 years to see a decent return / cash in before over supply. I have a couple of units in Cyprus as well (cue bubble, crash etc), I've already realised some in the bank profits there and the two I've got left (off plan) are showing on paper returns to the tune of 30-35% in 3 years. Cheers YeboC

Daftboy, your somewhat embarrasing dig has just made you look like a t1t in front of many HPC enthusiasts. I agree the Leeds CC market is chronically over supplied right now, its a market within a market as the rest of Leeds is still seeing handsome returns. Now, I'm assuming you watched the programme on BBC recently that focused a section on Leeds CC? You may recall Aspect 14 as an extreme example of the Leeds CC housing "crash"? Well let me tell you son, I bought off plan at Aspect 14 and sold 9 months after completing that pocketed me a cheeky little £25k - ie bailed out at the right time. Some call it luck, I call it judgement. My mate bought at the same time and he's still there and down on his brass. I have no other CC investments, in fact I have no other UK investment today. See you later Daftlad Cheers YeboC

Chill out Smiffy. In my spare time I play with my boxer dogs, watch the famous Leeds United, play poker and enjoy fine dining with the wife. Most of all I love going out wi me mates and gettin battered all weekend. The consequence of this is that I don't have time to walk round Leeds City Centre with a "the end is nigh" blackboard draped over my shoulders!! Get yer head together. Cheers YeboC

Thats right mate - top of the tree after the w/kend if the scores go our way. A herculean performance from the mighty whites. Cheers YeboC

Careful Smiffy - you might end up "arriving" all over yer keyboard if yer not careful!!! LOL!! I had no idea the world was coming to an abrupt halt in 13 years!!! Suprised we've not seen anything in the news!! Ha!! Wake up you mong. And I'm not a landlord and I dont have a tattoo!! The first website I've found that detests empowerment and enterprise - why does it make you so angry that people with a head on their shoulders can make themselves some decent brass? Cheers YeboC

Soz not sure with the lingo - VI? My question is how long have you and the "experts" on this thread being banging the HPC drum? Is there anyway I can search archived posts from say 3/ 4 years ago? Defo be a top class read!! Cheers YeboC

erm....thanks! Firstly I see you have a boxer dog on your avatar, I have two red and white boxers - my wing men and best mates without a doubt. Now how can I be uninformed? I've renovated 6 properties since 2000, bought and sold 7 off plan to the tune of total profit of over £600k. Now if thats an uninformed investment strategy then I can't wait till I get some skill!! I've now taken my strategy overseas into Europe, S America and Asia - I'm 33 but hoping to retire by 40 with a following wind. Silverspoon?! Ha! I'm a proud Yorkshireman brought up in a lower middle class family. Went to University but with f all help from anyone...remember having only £2 left for food in 2nd year so bought some cheap ale and went without food. Self made since graduation and all investments in my name with m y money, a career in IT Service Sales allows me invest once a quarter with my bonus. What I'm saying, although you have a great taste in dogs you are talkin' sheeeiiite. Cheers YeboC

Funny site, very funny. It's like from browsing last 30 mins that the vast majority on here openly play with themselves over the prospect of a HPC!! It's hilarious that a group have such a strong desire for people to lose money, repossesions, reccession...these words make the contributors to this site positively salivate over the propect. I tried to find posts from 3 or 4 years ago to read the same b0ll0x but couldn't go back further than October 2007. i wonder how much has been made through property investments since this time when no doubt there were pages and pages of toe-pointing over the prospect of a HPC. I know I've made a decent in the bank return thank you very much. Anyway what is a HPC? To what level does HP deflation have to drop to determine a HPC? What do people think about the fact that since WWII prices have risen, on average, around 9% yr/yr. Does this factual information mean anything to the HPC dribblers? Looking at the number of members and people on line I had no idea how popular polishing ones self off over house price deflation had actually become. Cheers YeboC

Cyprus market could be shaken to the core: A scandal involving a leading property developer in Cyprus may have the potential to shake to the core the credibility of the holiday homes market on the island, following allegations supported by video evidence, contracts and audio evidence that a property developer in Paralimini sold a plot of land to Conor O’Dwyer in 2005 for £163,000 and then resold a house designed for Conor O’Dwyer’s family to another buyer Michelle McDonald, without the knowledge of O’Dwyer. The plot thickens with the apparent collusion of local law firms in Paralimini who according to O’Dwyer have conspired to cover up the fraud. This has inspired Conor O’Dwyer to setup a website www.lyingbuilder.com which is his own crusade to expose what he sees is the injustice and illegality of the whole situation. The Cypriot market is already experiencing turbulent times, with the storm clouds already on the horizon with major developments experiencing problems selling units. Such scandals which are now making the headlines in the UK will severely undermine property sales in Cyprus. News organisations in Cyprus and the UK have been monitoring the story looking at the way in which British buyers like Conor O’Dwyer who in good faith purchase land from developers like Karayiannas are allegedly defrauded, in the belief that they own the property. But in fact the developer resells to another buyer. Other examples are now surfacing of Brits buying from Cypriot developers and are either finding the property is not built to standard or the title deeds are not given. London Greek News has posted the various videos by Conor O’Dwyer, who has made several allegations with court cases pending in the Cypriot legal process. We will post news as and when they appear. ------------------------------------------------------------------------------------------------- As an investor in Cyprus, I'm encouraged when I read these articles and when I see they are receiving prominence in the media. Why? Well, Cyprus has posted strong economic performance just 2 months before the Euro and the property market is a major factor for this strength. If I was in government and I saw articles like this it would ensure that I did something about it before it had far wider ramifications. Without these types of horror stories nothing would be done. Cheers

looking into how it pans our currency wise, I'd be up. take £100kCYP approx 0.83 (£120.5k) in 2005 - the pound after converting the irrevocable fixed exchange rate of 0.585274 CYP per 1 euro and converting the back to sterling then the £120.5k is worth I originally chucked into the pot is worth as of today £122205 a 1.4% positive.