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brownbear

Whom The Gods Wish To Destroy

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Did anyone see this article http://money.guardian.co.uk/property/buyin...1561717,00.html

in The Guardian Jobs & Money on Saturday? The woman featured bought a property last year and has spent about £5k more than she has earned in rent. She claimed to have made a "profit" of £10k She says, "This is not real money, of course, but it is a sign that buying the flat may be the first ever good investment of my life." Check on recent figures for the Oxford property market and I think her estate agent is not telling the entire truth...

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Did anyone see this article http://money.guardian.co.uk/property/buyin...1561717,00.html

in The Guardian Jobs & Money on Saturday? The woman featured bought a property last year and has spent about £5k more than she has earned in rent. She claimed to have made a "profit" of £10k She says, "This is not real money, of course, but it is a sign that buying the flat may be the first ever good investment of my life." Check on recent figures for the Oxford property market and I think her estate agent is not telling the entire truth...

"after a few moments, Oliver quoted me a price of £15,000 more than I had paid. "How does that sound to you?" he asked, rather anxiously."

...ummm, like you just made it up to try and keep me happy rather than tell me you sold me something worth less than I paid, hence the "anxious" element as he clearly knew he was lying out of his bumhole and was hoping it wasn't that transparent.

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Did anyone see this article http://money.guardian.co.uk/property/buyin...1561717,00.html

in The Guardian Jobs & Money on Saturday? The woman featured bought a property last year and has spent about £5k more than she has earned in rent. She claimed to have made a "profit" of £10k She says, "This is not real money, of course, but it is a sign that buying the flat may be the first ever good investment of my life." Check on recent figures for the Oxford property market and I think her estate agent is not telling the entire truth...

Its a speculative market and if you don't think that people are stuck holding the lemon at the end of every speculative market then you have no idea about speculative markets.

Its a speculative market, the reason it costs £5000 a year is because it was a speculative market.

Oh is it doing the innevitable

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"after a few moments, Oliver quoted me a price of £15,000 more than I had paid. "How does that sound to you?" he asked, rather anxiously."

...ummm, like you just made it up to try and keep me happy rather than tell me you sold me something worth less than I paid, hence the "anxious" element as he clearly knew he was lying out of his bumhole and was hoping it wasn't that transparent.

This column reminds me of the one they used to have in the Sunday Times about the fellow who sold his house to day trade technololy stocks back in March 2000. I wonder what happened to him?

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Apom. Agreed. I merely think that people like this show only too well the staggering financial naiivity of many BTLers. When the market falls it is going to ruin a lot of gullible people.

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Apom. Agreed. I merely think that people like this show only too well the staggering financial naiivity of many BTLers. When the market falls it is going to ruin a lot of gullible people.

Ive just returned from abroad (not Argentina) and rubbed shoulders with real property investors. They recognise that markets have a limited life - span, and that as one becomes tired another pops - up and beggins its life. There are many such areas.

Buying in the UK is yesterdays story.

Having said that there are many on this forum who will dismiss all property investment as folly. I feel a kind of pity for them.

At the height of the Argentinian crisis foreign investors swarmed the place and are already reaping huge quick returns. Buenos Aries is back on the up. Some Brits are also buying up huge ranches in Patagonia. Dr Bubb will deem this madness no doubt.

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Ive just returned from abroad (not Argentina) and rubbed shoulders with real property investors. They recognise that markets have a limited life - span, and that as one becomes tired another pops - up and beggins its life. There are many such areas.

Buying in the UK is yesterdays story.

Having said that there are many on this forum who will dismiss all property investment as folly. I feel a kind of pity for them.

At the height of the Argentinian crisis foreign investors swarmed the place and are already reaping huge quick returns. Buenos Aries is back on the up. Some Brits are also buying up huge ranches in Patagonia. Dr Bubb will deem this madness no doubt.

When a specualtive market outruns any normal investment returns to the sum of £5000 a year it means that the investment has been speculated upon above its true investment value.

Unless you can find someone who will take it of your hands for more than you paid.

Thats where this woman came in.

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Ive just returned from abroad (not Argentina) and rubbed shoulders with real property investors. They recognise that markets have a limited life - span, and that as one becomes tired another pops - up and beggins its life. There are many such areas.

Buying in the UK is yesterdays story.

Having said that there are many on this forum who will dismiss all property investment as folly. I feel a kind of pity for them.

At the height of the Argentinian crisis foreign investors swarmed the place and are already reaping huge quick returns. Buenos Aries is back on the up. Some Brits are also buying up huge ranches in Patagonia. Dr Bubb will deem this madness no doubt.

Howdy dogbox, welcome back!

I've missed your coalface views on the market, but you must be chuffed you're out of this UK madness.

Oh yeah, you need to get yo'self an avatar.

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"after a few moments, Oliver quoted me a price of £15,000 more than I had paid. "How does that sound to you?" he asked, rather anxiously."

...ummm, like you just made it up to try and keep me happy rather than tell me you sold me something worth less than I paid, hence the "anxious" element as he clearly knew he was lying out of his bumhole and was hoping it wasn't that transparent.

This made me chuckle!!!

FTB, your avator isn't working. I keep refreshing the page, but it doesn't work. I really really really want to see your avator as it says alot about the person! B)

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He got it together in the end ...

Robbie Burns

Wrong bloke.

I think balamory's referring to John Urbanek (if I remember the name correctly).

Was always pictured in his column with a golf club in his hand. The Rosie Millard of

his time and she's going the same way...... :lol:

spiv.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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