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More Properdee Porn Coming To Screen Near You


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http://news.bbc.co.uk/1/hi/talking_point/8611961.stm

"Money Watch, a new three part series for BBC2, wants to speak to people thinking about buying a house.

It is the biggest single investment that most of us will make in our life. But should we make it with our investment head on? Or should we listen to our home-loving heart?

We want to speak to a couple/family buying a house for the long term, which they hope will be their best possible financial investment. This would include first time buyers who are keen to get on to the property ladder, as well as someone moving up the property ladder to get a bigger place.

We want to speak to people that see property, in the current financial marketplace (eg with savings rates at an all time low and the low cost of borrowing), as a good investment vehicle."

I wonder if they'll take on anyone that has the view that you must be nuts to be buying right now? More likely to be a case of reinforcing the notion that there's nowt like bricks'n'mortar to make you rich, rich, rich...

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http://news.bbc.co.uk/1/hi/talking_point/8611961.stm

"Money Watch, a new three part series for BBC2, wants to speak to people thinking about buying a house.

It is the biggest single investment that most of us will make in our life. But should we make it with our investment head on? Or should we listen to our home-loving heart?

We want to speak to a couple/family buying a house for the long term, which they hope will be their best possible financial investment. This would include first time buyers who are keen to get on to the property ladder, as well as someone moving up the property ladder to get a bigger place.

We want to speak to people that see property, in the current financial marketplace (eg with savings rates at an all time low and the low cost of borrowing), as a good investment vehicle."

I wonder if they'll take on anyone that has the view that you must be nuts to be buying right now? More likely to be a case of reinforcing the notion that there's nowt like bricks'n'mortar to make you rich, rich, rich...

Looks good. I like a bit of property porn. Hope they do a return one in 3 years time where they go back and find the poor bastards back living with mummy and dadday and with HUGE debts after they were repossed.

Also, good luck finding a FTB. They are rare breed nowdays.

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I've signed up, with the following comment:

We are intending to buy a house as a home, not as an investment vehicle. Currently in private rented. A house is only an investment or not when you want to sell it.

(our landlord is making noises about selling, so we are looking around at the moment.

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<snip>

We want to speak to people that see property, in the current financial marketplace (eg with savings rates at an all time low and the low cost of borrowing), as a good investment vehicle."[/i]

<snip>

Heh, the exempli gratia is a nice touch.

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"We want to speak to people that see property, in the current financial marketplace (eg with savings rates at an all time low and the low cost of borrowing), as a good investment vehicle."

This seems to be the bbc's fave spin now, as an excuse to drag more people into buying property.

For example, on the new series of "Homes Under the Hammer", I have heard the purchasers on it refer to the fact several times over, that they believe it is better to invest in property, because you can't get much return on your savings, whilst bank rates are so low. On today's show, even the commentator (Martin) said he agreed with that. :rolleyes:

But I guess after yesterday's news that the supply of properties for sale is going up quickly, it is making it more difficult for them to use the "shortage of supply" reason as an excuse to predict an hpi.

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I have heard the purchasers on it refer to the fact several times over, that they believe it is better to invest in property, because you can't get much return on your savings, whilst bank rates are so low.

Bank interest rates have only one way to go! :huh:

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I would rather get 3% on a bank account than 6% on a 'property'.

I have seen first hand the problems associated with 'property investment'. Need better returns than that to justify it IMO. 10% minimum.

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I would rather get 3% on a bank account than 6% on a 'property'.

I have seen first hand the problems associated with 'property investment'. Need better returns than that to justify it IMO. 10% minimum.

+1.

I am totally with you on that. We won't consider buying a place unless there is a 10% return or more.

When you take into account maintaining the place, insurance, empty periods, etc etc, making 6% doesn't make sense - you would be better off doing something else with the money.

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They did not ask for any of them ;)

To make the program they need people to take part. To keep budget tight they will use most of what they film. Going thorugh the process and turning round and saying you don't think it's a good investment afterall would make fun tv for us.

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