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Dilbert

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Everything posted by Dilbert

  1. I saw a television programme a few years ago about housing in Germany. Firstly it hi-lighted the percentage of rental to ownership, but also advised the rental properties are owned by pensions companies. They will buy whole apartment complexes or housing areas and rent them out, in the same way our pension companies buy and rent out commercial property. I suspect the German method would generate a steady stream on income, as opposed to our method.
  2. Apologies for the delay, but with thanks to Kazuya.............. here's a link to the mp3 http://www.multiupload.com/E9M8KYWVVO Edited for wording
  3. All, I have downloaded the whole two hour programme as an mp3 file. Anyone that want's a copy, PM me (if I can find it) and I'll email it out to anyone that would like it. Dilbert
  4. Try this..... http://www.johnredwood.com/ Hope that helps.... as someone on here used to say!
  5. Found it..! Second and third homes are where the hurt is
  6. It wasn't this you were thinking of by any chance? OnOne map D
  7. Just joined the party after a beer (OK, more than one) so apologies to anyone who may have posted this already. If searched as three seperate words, the sponsored link is for our friends at MoneyWeek. Just tried as all one word though and ...... oh yeah, see what you mean. (You won't belive how long this took to type with no speeling mistooks in it!! Edit: Next time I must remember to read the first post, the poster already pointed out it was all one word. Where's my coat.... ?
  8. Not acording to Hometrack though.... Hometrack - Daily Telegraph 21/12/05 Hope it helps
  9. FP You're welcome! I hadn't looked until you mentioned it, but yeah, funny isn't it?!
  10. G3 Graphite, 56K dial-up with Mozilla 'Camino' browser - NO probs!
  11. FP Further, found this: Harvard: The State of the Nation's Housing 2005
  12. FP Just Googled your enquiry and one of the links was a letter in The Economist, which sounds like what you're after. " SIR – October 1929. Professor Irving Fisher of Yale University: “stock prices have reached what looks like a permanently high plateau.” June 2005. Harvard University's Joint Centre for Housing Studies: “in several metropolitan areas...natural or regulatory-driven supply constraints may have resulted in permanently higher prices.” Enough said. " Hope it helps
  13. I'm not a frequent poster but wanted to jot down my thoughts on the implications of this, which should it happen, could be the pin to pop the bubble. As the article mentions, we've had the Council Tax revaluations mysteriously postponed until next year or so. Afterall, basing the new bandings on current prices which are way over the top would likely lead to a revolt. So Gordons wondering how he can raise taxes whilst making the majority of the population happier by not revaluing at todays prices. "I got it" says Gordon, "we tax those people who sell their houses on the difference between
  14. I'm one too!!! Rarely post but read the forum everyday and have learnt so much, so thanks to all!! Could just about buy now, but instead have decided to watch those prices and bide my time until they reach trend, then I'll be able to afford something much better than a one bed chicken shed. Round my way, there's some new build 2 bed apartments which started at £240, but now down to £201 in 6 months.... and they're not even completed yet! ) Deep joy )
  15. Shakerbaby Could it be one of these you are after? In come the waves After the fall Hope it helps
  16. right_freds_dead Thank you! IMO it's an easy solution - prices must fall... a lot. I posted it as it appears to me to be a turn around from what we're constanly seeing in the media, as the guy is from the NAEA I think they've realised they now have to soften up Joe Public for what will happen next. I just loved that line about not seeing property as an investment! Shakerbaby Just spotted the option for adding an attachment ... thanks, it helped
  17. Hi all Just read this in my local paper which arrived today and I just had to share it with you. Sounds like a major back peddle and softening up exercise I've snapped it with digi camera but can't attach here, any suggestions? Dilbert In this first in a new series of articles about all aspects of buying property, Dean Sanderson, chair of the National Association of Estate Agents in Lancashire and Cheshire, takes a philosophical view on what is one of the most crucial investment decisions most people will ever make. The constant talk in the media about house prices rising - lowering -
  18. About 15 minutes before the end, one of the chaps comments to camera stood out to me. Obviously discussing the stock exchange, however it was when he said ".. by '87 a huge bubble had developed and it was inevitable that there were no buyers left..... and everyone rushed for the door at the same time and panic set in" Perhaps one of the most simplest lessons in economic markets, yet one which a lot of people may re-learn once again.
  19. About 15 minutes before the end, one of the chaps comments to camera stood out to me. Obviously discussing the stock exchange, however it was when he said ".. by '87 a huge bubble had developed and it was inevitable that there were no buyers left and everyone rushed for the door at the same time and panic set in" Surely a quotation which could possibly be uttered yet again on another episode in perhaps a couple of years or so. Do we ever learn ??
  20. Noticed there's a must see edition of the Trevor McDonald programme at 8pm this coming Friday 13th May, all about our friend Rosie Millard. Aparently experts will advise her on how to rein in her spending..... could be interesting as I don't envy their task!! The programme also investigates the wider issues of debt amongst the middle classes.... so once they've mentioned 'BTL' and 'MEW', I wonder what they'll do with the remaining 10 minutes of the programme??!
  21. Just spotted someting towards the end of zzg's quote which I had to re-read. It was a comment made by Richard Donnell of Savills Estate Agents, which appears to me to be a veiled dig at amateur BTL landlords. This brought to mind the Glasgow Harbour development (by Cala Homes I think) where I recall that only around only 30% were OO. Donnell said: “There are always risks if you buy in an urban regeneration area where there is a lot of new building. Professional investors tend to avoid these areas because the supply of property keeps a lid on prices and rents.â€
  22. Cityfool There's a website which may be familiar to some people, but it's one a friend recommends for ensuring the websites he designs and constructs get in the top results on search engines. Here's a link: Website promotion Good luck!
  23. The Masked Tulip Have found the article you refered to in your end comments, originally posted by schadenfreude in December. No luck though finding a direct link to the article sadly..... Prestige developer sues homebuyers.... regards
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