IOW-here-I-come!

Wow, I wonder with all these bear articles in the beeb lately if they have finally managed to shift all of their BTL portfolio? Are we actucally going to be able to read some articles theat explore both sides of the argument soon?

I know that this is almost fit for the tin hat brigade, but you don't think that perhaps Labour know the way this is all going to unfold and they are thinking that they really don't want to be in charge when the ---- hits the fan ? I'm sure they are looking at it like a few posteres on here.. Labour created it, they can reap the benefits!!!

I have noted exactly the same thing in the last four or five years with camper vans, specifically the "trendy" split screen or bay VW's. Perfect examples a few years back would have gone for £5-8K with salvagable wrecks going around £1-1.5K. However, looking around bugjam recently and examples up £15-20K range! They are also too expensive for the very people that would use them how they were intended. Went to look at a couple of empty shells and they were still £6-7K, almost as it the seller wanted to factor in the potential of the van into the cost! Sound like anything else we know? (edited because I cannot spell!)

Perfect chance for the council there... Sell it to a BTL to boost the coffers. The new 'investor' can then spend their own money doing it up and they can then rent it to a immigrant family brought in and paid for by the government! excellent!!

Now this is only my own 'non-expert' opinion, but I would imagine that it mostly will be down to Location (Location, Location! ) when and if any crash comes. Alot of the new built flats have all been lumped up together with nothing but concrete jungles sprawling as far as you can see.. These will be hit hardest, with cheap new build houses in those same areas next hardest to fall. I'd imagie older flats will be larger, with and be more in keeping with their surroundings, keeping their value more than some others. Then the larger, family houses will be the least affected. But like I say, only my opinion.

What I find strange however is the fact that all of those sold sold above the guide prices... Is this normal (for people that regularly attend these events) to see that? Do the auctioneers set them artifically low to boost interest?

I've noticed the same thing recently (within the last 6-8 months)... Looking for somewhere to stash the cash when we last moved and sold and it was hell trying to get the best deals (although as always this site helped with advice). But now it seems to be everywhere, sainsurys were blanketing the area this morning with their great aving rates... hopefully this is a shift... every little helps (hand on, thats someone else isn't it?)

I suppose that the older "senior" generation have seen alot of it before, and I assume that most born in that age would own their own house outright by now - their only problem is if they need the inflated value for a pension. I still think the others will be ok, So your house drops from £250,000 to £175,000 you've seen it all before. You will cope, you can still work and pay the small mortgage you have left, children have gone... its all for you now. But the young ones will be wondering how they can possibly struggle like this forever, not having that experience of neg equity and all (as well as not being used to surviving with very little.. ipods are a necessity at te moment).. the only conclusion that leads me to is... poor children.

I though footballers always invested in pubs/clubs/resturants? Maybe they have to diverify into cars as all the pubs have recently been converted into BTL portfolio properties!

Sorry to burst your bubble (see what I did there?), but i'm sure I've seen those somewhere.. Doubt it would make you much these days anyway... far too 60's. What you need is something in computers... everything today is in computers.. maybe a system that operates, maybe something that enables you to look at different things all on the same screen. you could call it say apertures or panes or something like that.

Hello everybody, New and all... I'm just thinking out loud after considering this myself for a time. The board (well certain members ) seem to think the boomers hold all the cards and have had a lucky break during the HPI compared to the young un's and FTBs. The impending(!) crash is seen as a return to balance of power. However, surely this isn't going to happen? The most vunerable people affected by a crash would be those FTB'ers and younger folk with less equity, the ones who have only recently got on the ladder. The boomers would be the least likely to be affected as they have had more time to repay and bought for less int he first place. They are the most likely to cope with anything bad... is this a fair assessment? Therefore, crash or no crash.. our children are doomed?

Those are the very same things that so far have stopped me seriously considering Canada as a destination away from England (well the first two at least ). I have a decent deposit, especially for Canadian house prices, I love the climate (and even have a Husky - who would be even more enthusiastic than me to move), but really worry about having enough or the right work there, and where to put the family when they come to visit. Solve those and I would be over in a shot!

Hello everybody nice to finally talk to you all after months of lurking... my name is IOW-here-I-come and i am an alcoho...er... hpc'eric (its it there, honest! ) I'm sure my fisrt post is just the same as the rest, but here we go... STR in April, money in savings, premium bonds and ISA's , currently saving and working, saving and working ... really a prime candidate for this site. I'm a 'neither' by avatar, with a mild swing toward bear, and have a 36-28-3... no no, too far I'm sure... Well thats me up and running... now let the fun begin.