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House Price Crash Forum

warrior88

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  1. Yes thats what I gather has been happening....
  2. So over the last two weeks, I had discussions with various Chartered Accountants on bounce back loans, while these are being used by a lot of businesses on a geniune need. I found that there still are a lot of small businesses that have taken these money purposely either to not pay back deliberately or to recycle these back to property. One friend of mine who is an accountant, told me that approx 10. of his small clients who are aspiring to be first time buyers have only taken these loans to help with the deposit of their first property. I am HPCer but its quite possible that this bounce back loans, actually bounce back property to the dismay of a lot of us here....
  3. I was brought up with the fact that I need savings for atleast three months at all times. And I try to make sure I maintain that level of savings at all times... I am in my early 30s Dont think most young people are brought up that way in the developed world.
  4. Same here, I have been buying since $1300/ounce and think it should go up & up. How much I cannot ascertain but $3K would be a good return.
  5. According to them gold should have been above $2000/ounce since 2018.
  6. I personally think only way is up for Gold but these Kitco news is biased in every window for a very very long time.
  7. I think he means by larger landlord = already made shit-tons of money in the credit boom
  8. Not sure the Saudis are that strategic , Russians could be. There is an oil war and consumers will benefit the most, a lot of US oil wells would be uneconomical now.
  9. People have cancelled house viewings so for now property is on hold and if cases rise expect a decline in value.
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