mat jackson

Slightly childish, and so defensive, but lets try to see it as a serious reply.... Hey Gasket, thanks for that quick spell check, you're a star! It is true that Im so busy making money that I hadnt checked the spelling properly, so thanks again! Out of interest I googled 'house prices' and it came up fairly near the top. I spent years worrying about house price crashes, until i understood the market properly, as you may come to do soon, I seriously hope for you its not too late. Do you not see lots of people sleeping on the streets? I do. But to be honest, that's not the consequence of supply and demand, that's the result of holes in the very expensive safety net we call social security. I work voluntarily with some of these people, so I know. The actual result is that people spend more time living in with parents, or renting, or sharing. Im surprised that you seem to think that there isnt a lack of supply, do you have any actual figures on which this is based, Id be interested to see them. The credit squeeze happens now and again. It will pass. Deregulation of the banks took care of that, they are interested only in the bottom line and from time to time, yes they have to tighten up, but they also have to make money for their shareholders and competition, now truly international, will make them fight to give away more money over time. I was unsure about posting the web address on here, Im well aware of it looking like advertising. If anyone contacts me through here, Ill give any funds recieved to charity. To be honest, I do it becuse I enjoy understanding the market and helping people to realise what its all about and for them to make money and hence freedom for them too. I know your cynical, so I dojnt expect you to believe that, I can see that for from your very first response, but to be honest, I dont care, you are entitled to your opinion and free speech is one of the greatest assets we have. I applaud your cynicism and also thank you for looking at my website. PS Ill leave WORLDWIDE unchanged, in honour of you and the glory of free speech(!)....

Do you take house ownership as a right? Our generation has grown up in an era of thinking that we have the RIGHT to own our own houses, since Thatcherism and then woolly New Labour endoctrinated this into us for the last 25 years. But do we? I have read a lot of posts on here that seem not to realise that this isnt a 'right' and that prices wont just fall into our lap because we find them uncomfortably high. My grandparents never owned their own house, they expected to rent. Anachronistic? Or long term cyclical? Consider this scenario. Supply and demand is the only force that drives markets. The UK supplies far far fewer houses than demand suggests because of our ridiculously tight planning policy,therefore suppply is restricted and prices forge ahead. Yes, we have blips, yes we have the odd hiatus when interest rates twitch slightly, but in the main we are in the middle of a mighty bull run of house prices. Ah, but we cant afford to buy those houses, the first time buyer cries, woe is us and therefore the prices must readjust to reflect this, mustnt they? No. The new wave of property entrepreneurs, the amateur landlords, they can afford to buy them, because they have made a few bucks overe the last few years as house prices have grown above the rate of mortgages and inflation, giving them a virtuous circle of free equity to offer to greedy and over zealous banks who are happy to fuel this fire. You dont count. You will now become a cog in the wheel, like my grandad was, working all week to pay your rent which in turn pays the mortgage for someone else. You missed the boat, my friend, the haves and the have nots have now already become a seperate class, you will never break out from that cycle..... Scarey huh? And potentially, and for the most part true. Unless you can kick start your way on to the property ladder, maybe in a slightly more unconventional way. The old days of just buy a house in the UK and wait have passed,basically because its so hard to even get a foot in the door. But prices wont drop. Trust me. Ive been in this for 25 years. Im going to put a web address on here now, its not because Im advertising, just because its taken 25 years to gain the knowledge and experience Ive got in UK and International markets and cannot distill that knowledge into 1 post. There are ways to get things started even now, even if you have relatively low equity. www.spanishgoldentriangle.com is not just about spains property, i just happen to live here at the moment ( but thats part of the strategy, live where your money makes you money, move on and see the world too, not too bad huh!?)...its about how I have done what Ive done in property. Its up to you what you do next.