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House Price Crash Forum


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About blackgoose

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    HPC Regular
  1. What they fail to mention is that "Britain's wealthiest" also include all of those super rich foreigners that sometimes live in London. As time goes on, more and more oligarchs have moved to London, pushing British people out of the list of Britain's wealthiest, therefore increasing the wealth of Britain's wealthiest.
  2. So providing shelter for yourself is wasting money. I wonder if they also think that spending on food or water is wasting money.
  3. I would probably buy government bonds before the crash as the governments can just print money to pay off their debts and QE will continue. I would consider government bonds safer than cash in the bank. Then I would start planning what to buy at the low.
  4. Footballers are probably better off doing that as it stops them from frittering it away and going bankrupt after their career finishes. They are mostly too thick to understand stocks and shares and not disciplined to keep money in the bank without spending it.
  5. Its about time these foreign investors got bored with London and decided they would rather own a place in New York or LA instead. Im sure a Labour coalition with the SNP should help them see sense.
  6. Yes unfortunately it bounced almost all of the way back up https://uk.finance.yahoo.com/echarts?s=FOXT.L#symbol=FOXT.L;range=1d Still, hopefully it was some estate agent or btl panicking and selling at the low.
  7. Down 15p today back to the lows. I haven't seen any specific news to explain it though.
  8. No doubt to be snapped up by some "savvy" investor in asia. I hope the developer makes a mess of it.
  9. Well David Miliband got a charity job on $300k. As Gordon loves helping the poor and needy so much, and as an ex PM, I'm sure one of his chmpagne socialist friends can help him get a charity sinecure on at least $500k. Then he can feel good about himself as he trousers charity money.
  10. Overview Performance in Q3 2014 was negatively impacted by a sharp and recent slowing of volumes in London property sales markets following an exceptionally strong nine month period to 30 June 2014 in which volumes reached their highest levels since 2007. · Q3 Group turnover was £39.9m (2013: £41.1m). Group turnover for the nine months to 30 September 2014 was £112.7m (2013: £103.7m). · Q3 property sales commissions were £16.4m (2013: £17.8m), down 7.8%, as a reduction in sales volumes more than offset price increases. Property sales commissions for the nine months to 30 Septem
  11. At a market cap of 550 million and 51 offices, that is still more than 10 million per office. While they are printing money thanks to the idiot snobs who prefer to sell via Foxtons even though they have to pay a higher commission, it is still an astounding figure.
  12. The Americans and the Dutch company were real traders, though the Americans in Chicago are a relic of a previous floor trading era and the Dutch high frequency trading is the more professional operation. That London "training school" is just a sham to take money from people for their training courses. If Piers could make money from trading himself, he would be doing it, not teaching others his methods. The whole thing about buying depending if the figure is high or low is bull too. The Dutch company will be buying/ selling after 0.01 miliseconds after the figure, so why on earth they think th
  13. I think the Duke of Westminster is hiding much of his wealth too. In 1989, the rich list said he was worth 3.2 billion pounds, now they say 8.5 billion pounds, a multiple of 2.6. However prime london properties have gone up by about 6 or 7 times, meaning he should be worth about 20 billion pounds, not counting the rent he would have received.
  14. You are like most British people who think London is the best and biggest city in the world and can't imagine any where else. London is an important city, but so are Paris, Rome, Madrid, New York, Hong Kong, Beijing, Sydney, Tokyo, LA, San Francisco, Rio and Berlin. Except for Tokyo and Beijing, they all have lots of immigrants and rich foreigners buying property there. Yes London, is equal to these, but it is not the only large city in the world.
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