Si1

I'll take that as meaning you have run out of arguments

indeed, because then said zombies may well settle down into comfy venture capitalist jobs and give the graveyards a miss

while at the same time: http://www.ft.com/cms/s/0/e97a4ac8-c662-11e0-bb50-00144feabdc0.html?ftcamp=rss#axzz1V0rsoOlq this is just to balance the disfunctional housing market - nice

I don't think shops have the pricing power these days, so no, you won't pay for this one

business risk? oh forgot, they were born before 1970

yes, dependent on yields, and I am not sure they will hit this stage until about 2030

no, they need to trash the pound in order to deflate real wages so as to promote an export led recovery right now, defending the £ is a bad idea for a long time AFAIK

definitely needs repeating

sounds like the last ditch desperate rationalisation of an over indebted mortgage slave to me

the Alvin Hall broadcast today stated matter of factly that house prices will eventually resume their trend of doubling every 10 to 15 years even long term stats refute this - in the UK house prices have gone up 1% above inflation over the long term, outside booms, UK and international data suggest they go up 0% per year on top of inflation; there simply is not the objective evidence to suggest they go up against inflation, much, in the long run, and yet it is accepted as popular fact; the reversion to the mean is going to take a very long time; we will know the bottom when people stop trotting out the mantra of house prices going up 10% per year, I still feel thsi may be 20+ years away after a mini boom bust cycle in the interim

it is simply because the money'd baby boomer property owners keep their spare cash in conservative investments which one way or another are invested in gilts so interest rates CAN stay low(ish), the value of money held in gilts will fall in real terms, as will the property wealth of the same people for what its worth, this means that house prices will correct slowly and in real terms, and a similar amount of boomer wealth will evaporate from their cash holdings we simpyl have to accept we may not buy houses during our entire lifetimes, and be better off for it

according to the stories at the time it was a special deal in lieu of redundancy

your lack of reply to my challenge speaks volumes so hard headed Greek and Italians with lots of dirty cash will pump up the high end of the London market thanks for that, I laughed myself silly mate

are they savvy investors by any chance? tax efficiency or not, the yields, aka basic valuations, are terrible and you're not actually sure WHERE the money is coming from are you? link?

I think there was a qudos to owning London property, world renowned location and all that, this has to dissappear surely...?

fair play from the same BBC article I found: great solutions from the champagne socialists there - the answer is to make money grow on trees, hugz all round, isn't it terrible

I googled this story and found a separate BBC article by alvin called Poorer than their Parents: http://www.bbc.co.uk...siness-14294021 note the date: 29 July 2011 Last updated at 00:26

boomer dad bemoans the fact that nobody is there to buy his BTLs at their price he estimates at 125k ish, saying the younger generations simply cannot afford them; has not occurred to him they might not be worth that at all Alvin Hall says that a reduction in social subsidy for tennants means things are worse for the youth if they get less subsidy; has not occurred to them that reduction in subsidy will in turn bring down yields and then prices of houses, also that the same youth only have to pay back that subsidy in taxes so are no better off as a result there is still this sense that the market price is disconnected from affordability, Alvin should surely know better

financial advisor saying there are innovative products to help you borrow more money this kid's boomer dad went quite heavily into BTL in 2006 LMAO!

sounds good so far 'is it future generations that will be left with the bill' 'where is the money coming from - the answer is, it is young people'

it was because the incoming govt in 2010 could not afford for the public sector strikes to start early in 2010 as civil service redundancies were announced, so a deal was struck workers' solidarity and all that

the money that has been supporting London has been international money, on the basis that London property was a safe haven during the economic storm I am interested to see if this sentiment takes a knock; the opinions of middle class london dwellers are a side show

mate - the student riots were like a gay couple arguing over interior design compared to the ones we've just seen

with a kilo of gold cunningly concealed in the form of a bicycle helmet

it doesn't; demographics make gilts look more attractive