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AvoidDebt

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  1. 'One way is to try and increase the number of properties on our books by attracting new landlords. It is very difficult to pretend that getting into buy to let is really an attractive proposition for potential new landlords.' Aren't ponzi schemes illegal? I have some sympathy here. I'd be prepared to throw something into the hat to ensure that the parrot doesn't go hungry...
  2. Estate Agent '2017 more painful than 2008' Saver Renter '2016 more painful than 2006'
  3. AvoidDebt

    Sharply slowing house price growth....

    The strategy is to pump up the North with some HPI 'love'. It's one way to keep the indices +ve. House prices set to increase up to 7% next year despite Brexit uncertainty and income squeeze Continued robust growth in large and vibrant regional cities such as Birmingham, Manchester and Leeds is behind the raised expectations http://www.independent.co.uk/news/business/news/uk-house-prices-latest-increase-7-per-cent-brexit-income-squeeze-housing-market-a7851516.html
  4. AvoidDebt

    Open Day....

    They missed the 'limited spaces'.
  5. Podcast at bottom of this article. HPC gets a mention, Russell Quirk no chance of a crash. -40% just gets laughed at (ridiculous). Demand too strong, supply too low. Nothing particularly revelatory but worth listening to the start to see how bullish Russell is. http://www.thisismoney.co.uk/money/mortgageshome/article-4702802/House-prices-stall-buyers-struggle-pay-more.html
  6. AvoidDebt

    BBC sketch nails it

    What's the bigger problem? Greek magnate with his buy to leave or the English with their lack of aversion to extreme debt and love of hoarding property via buy to let and accidental landlordism. Would love to see a sketch challenging the notion that: fill out mortgage application, buy crap house in Walsall, hand over to letting agent and throw in some priced out renters in the midst of a housing crisis is some sort of achievement or entrepreneurship. I suspect that may not get as may giggles.
  7. AvoidDebt

    Why are house prices starting to fall ?

    The fightback from Rightmove. Bullish report. Britain and its miraculous bubble that never popped. https://www.theguardian.com/business/2017/jul/17/uk-housing-market-shrugs-off-concerns-of-brexit-slowdown
  8. AvoidDebt

    May Interview : 13 July, 2017

    She cried? I cried when I read this. Tragicomedy. This is a shared ownership scheme. Just read these two sentences. - You have a gross household income of no more than £90,000 per annum. - You are unable to purchase a suitable home to meet your housing needs on the open market. http://www.rightmove.co.uk/property-for-sale/property-67718939.html
  9. Q: Why should people feel confident that you are any good at reading the mood music in a room when you did not realise the campaign was going badly? You will need that skill in Brussels. May says she realised the campaign was not going perfectly. She realised a lot of people, especially the young, were concerned about housing.
  10. AvoidDebt

    Why are house prices starting to fall ?

    Are you not expecting any estate agents to respond? You've missed their favourite. It's always the stamp duty!!
  11. Love the online stuff that's happening. However might be even less control over vendor delusions. My understanding is that they just get given a price slider UI and they can set whatever price they want. It's like putting an uzi in the hands of a monkey.
  12. Moaning about prices in office the other day. Someone mentioned that they knew someone who had their house valued, top valuation was 650, so they stuck it on market for 900!! Didn't sell. London obviously. The public know exactly what's happening, criminal..
  13. AvoidDebt

    Phil Spencer : Find Me A Home - Ch4

    Saw thread title. Thought his failed businesses had finally caught up with him and he was now homeless.
  14. AvoidDebt

    Halifax June 17: MINUS 1%

    Look at this crap in the same area. 700k and agent can't even be bothered to publish any pics. They've even finished the description mid sentence. Lot's of delusions in these postcodes. They think they are invincible. http://www.rightmove.co.uk/s6p/67619228
  15. Regional papers getting bearish. Britain is due for another property crash, which would see house values in Shropshire fall dramatically, experts have warned. https://www.shropshirestar.com/news/property/2017/07/11/is-shropshire-heading-for-a-house-price-crash/
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