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House Price Crash Forum


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Everything posted by tenroom

  1. Doesn't it just ? Many of them really are wannabe BTLers annoyed that they missed the boat and bitter that it makes no financial sense to buy now . . .
  2. Crash postponed . . . move on . . . no more rate hikes.
  3. Boohoo . . . you've done it now . . . I'm gonna run off now and get all introspective - question my life choices, face the fact I'm a troll . . . C'mon D23 . . . I think PG's now-legendary tale of how he came to be so fabulously wealthy is perfectly plausible . . . even if he did feel the need to ram it down the throat of anyone reading his posts by virtue of it being his signature for years . . . until he realised what an absolute tool it made him look
  4. Imagine that . . . being psycho-analysed by a bloke with a Doctor Who avatar . . .
  5. Well you go ahead and think what you like . . . Your credence is not required. Spend your lives ravaged by status anxiety if you like, I prefer to spend my life laughing . . . at you
  6. I never said I thought rates wouldn't go up but I've always rubbished the idiots calling the crash in Q107. Anyone with a shred of common sense would've known the market wasn't going to crash or start crashing early this year. There's a reason for being listed as "neither" . . . I don't think this ridiculous market will go on much longer but my opinions aren't tinged with the bitterness and anger of those who've let HPI and the lovely lolly pass them by while they were busy calling the top of the market in 2004.
  7. Oh sorry, no mate . . . that's your missus upstairs in my bedroom . . . she wants me off the PC and on her "mm-hmm"
  8. Why ??!! Well even you must realise that you'd probably have a lot more to crow about if you'd kept your place in London instead of buying a 3 bed on a f***ing flood plain somewhere in the ar5e-end of the country . . . As for my flat in Ladbroke Grove, rates never bothered me given the tiny mortgage and the 6 figure income . . .
  9. Good Lord, no . . . Why would I ? . . . I've just sold. More than quintupled in value . . . Don't really give a monkey's what happens to rates TBH
  10. Well you'd be feeling twice as glad if you had done and not spent how ever many years calling a crash that never came
  11. Or a balanced view from those who wish they'd bought property in London
  12. Shaddap ! Who the f**k are you and why should your "expectations" matter to anyone ? Are you on the MPC ?
  13. Or a balanced view from board members who've been calling a crash for the best part of 3 years
  14. I'm not shedding a tear for those who've gone out and stretched themselves foolishly but I do wish ill on the frustrated wannabe-developers and BTLers who want a crash so that they can build their own BTL portfolios. You're losers . . . deal with it !
  15. Yeah Great Crash 2 is here. Everywhere, including my home town Ladbroke Grove/Notting Hill, people are flooding estate agents' windows with properties at drastically slashed prices but no one's buying. It's heart-breaking . . .
  16. Your experience of £100K earners must've been limited to the more vacuous sort cos there's no way on God's green earth I'd allow myself to be repossessed or bankrupted to save face with a bunch of pretentious assholes. Less than 3 years ago I would regularly get the "insufficient funds" message at the cashpoint and although it was a pain in the ar5e, I do remember those times as being the most fun I'd had in 10 years.
  17. I tend to agree with you there. The fundamentals that caused the last crash - rising unemployment, ridiculous politically-weilded interest rates - simply aren't present this time round. The big trigger is going to come from the financial markets. The City has come up with ever more exotic ways of raising profits and hiding losses, no one knows who has what debt on their books and analysts I speak to say that EVERYONE is expecting a major player to announce that there's a stonking great hole in their balance sheet within the next 6 months which'll lead people to start asking about its competitors' state of affairs.
  18. erm . . . no, not really. Everyone knows it depends on what you've bought and when you've bought it. Period conversions bought over 3 years ago are still bangin' in the profits for BTLers. Sure, your new build in some identikit estate in the ar5e end of Hertfordshire or next to a flyover in East London is gonna be losing you money all day long if you've recently bought it but most other assets in good locations will perform adequately. GC2 is postponed for another quarter . . .
  19. Why. Because he's been clever enough to make money out of nothing ?? I s'pose you wouldn't welcome his income, would you ?
  20. London's had a "rich ethnic mix" for the best part of the last 40 years, mate. I dunno but sometimes - just sometimes - I really do think that most of you guys are pure, unadulterated bigots and i don't think you'd be happy unless the country was 100% Anglo-Saxon again . . .
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