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House Price Crash Forum


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Everything posted by lookingafterthekids

  1. Wrong. Read my previous posts. In fact, I will state now that less than 80% of properties will see prices falls. Silly billy london newbuild flat owners will run the fastest. It might be time to toughen up, stop tittle tattling about you said this he said that and face facts. Sorry I get most of my cheap properties from people wanting to sell quickly. And at the moment, they aren't. They are risking placing their properties on the open market and on average are achieving 93 - 96% of the original agents valuation. Not bad for them. Bad for you lot. And me!
  2. Funny how posts now have to be censored by the powers that be - Apart from posts to existing threads :-) :-)
  3. Econmic theory and doom mongering aside. Where is the house price crash? Where is cruise crash speed? Despite your need for a HPC, it hasn't happened yet and despite the fact that I think prices will fall in 2006, I'm afraid to say that I think your house price christmas day may be a long time coming. Surely there is only so many times you can tell yourself "There will be a crash, there will be a crash". I think it's time to agree: "House prices may fall but not by the same amount and not accross the board" Admit it people or you stand a good chance of looking foolish :-)))
  4. Baz 63 et al. Lets be specific. Tell us exactly which BTL landlords will be facing disaster. When bought, location, gearing etc etc. Justify your obvious knowledge......
  5. Freetrader thank you. A breath of fresh air in this clouded atmosphere. Everyone forgets when they need to that every investment or market looks shi*e at certain points in the cycle. Know what you know and profit, massively sometimes, head above water other times. Or, if you are willing to mortgage your family, move your family or leave your family dedending on how profitable your ego needs to be in the prevailing market, concentrate on one profitable front to the detriment of everything and everyone else.
  6. I've bought and sold at a lovely profit within the last 8 months and didn't experience any of the above only pure joy when going to the bank?
  7. How about a survey of all business owners to see whether they may just experience stress. As per usual a biased discussion. 36% of all landlords experience stress so it MUST mean that landlording is crap. WRONG. I have freinds that run businesses as diverse as cafes, tailor shops, deli's, recruitment consultants and garages. They are all stressed way, way, way more than the property people that I know. You see the thing with "business" is that you have to be there. The thing with property if set up correctly is that you do not. Mind you, most property rich people that I know didnt buy ov
  8. If yields are 3% then the person investing should be worried. If the leverage is 98% anytime after 2002 then they should be worried. But property isn't a bad investment if you know the market.
  9. You guys are really jumping the gun are'nt you. There currently isn't a HPC as confirmed by some founder members. People are still selling. Properties are still selling. And always will. 2BCCNB probably will take a hit for the next two decades. If there WERE 'Odd Incidents' sparked by the property boom they would not be against EA's. Developers and off plan promoters yes. Clutch those straws guys.
  10. Thanks for that. But London still ok. We'll see. As far as I can see they are still happy to lend to those that know what they are doing.
  11. Dear oh dear oh dear. Grab them straws. Believe me, in the current and coming situation, it won't be EA's that have the crap. Property is the root of all evil. Yeah. Right.
  12. Or coud it be that someone made a nice hefty wedge?
  13. Tax abuser of the week Chief Executive Birmingham City Council West Midlands £195k Chief Executive is required. _________________________________________________________________________________________ Why. Can you explain
  14. Even in TQ1 it is possible to find a property today that gives £133 monthly profit on a £60k spend. Where do you guys get you figures from? £380k for 4 beds at £1k per month. That really is crap but also not truly reprasentative.
  15. Eric, You must know some real dumbass BTL people. A loss. And every month. With average properties worth £270,000. Makes me wince just thinking about it. Even I would be worried then.
  16. Muttley, what a silly person you are. So big house = wealth does it? B****cks. I tell you what big house means to me and has been verified by most of the people I know who possess them as status symbols. Massive mortgage which means they are working every hour god sends to service it. It's silly people like you that get themselves into financial crap as they strive to keep up with the Jones's with most of their "assets" actually owned by the bank. I love my semi And as dogbox confirms, it's usually not the flash X5 brigade that have the true wealth. I have found that the people that tal
  17. TEIN, by the same token it shows that "cruise crash speed" may not have been achieved everywhere and that loads of houses on Rightmove does not equal loads of houses unsold. Jack Chili. A classic for you: Eater - My Business: "I've got a thought under my cap, I'm bored of this and that old crap, ring out the old bring in the new, I'm always in before you"
  18. S*it, This is fun. How about: Stone Roses - Fools Gold Peter & The Test Tube Babies - Presssed For Cash Ramones - Danger Zone Ramones - Endless Vacation Hallucinogen - Horrorgram
  19. Durch - sorry. How about for you guys: A Fool Such as I A Hard Rain's A-Gonna Fall Ain't A-Gonna Grieve Are You Ready? And how about "Baby, Let Me Follow You Down"
  20. The times they are a changin was always a good one Oops. Was that the joke that I've stumbled into. Doooohhhh! Why did she have underwear on her guitar?
  21. Yes Durch, it works. Not exactly music that makes you feel like staying one step ahead. But if you are sitting in a darkened room waiting for the crash ..................
  22. Not at all. Young but a very eclectic taste in muzak. And always willing to embrace and learn from the past.
  23. £261,00 - 29th October 2004. No Gazumping as that only exists in fairly sound markets Actually suprised that you lot have heard of Ceraig Davis & Kes. Thought Leonard Cohen would be more your thang.
  24. You wont find it advertised. It's completed and sold.
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