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DonnieDarker

Times 'bricks & Mortar' Goes Anti-btl!

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Surprised this isnt on the weblinks slot yet.

There is a 1 page article in Today's Bricks & Mortar section talking DOWN BTL as a viable investment arena and talking up stocks.

Good to see such bearish reporting going on amidst the pages and pages of adverts for new "luxury flats". Bet the advertisers arent too pleased!

:lol::lol::lol:

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I spend a lot of time reading through the press for stories about the house market and I can honestly say that in the last month there has been a PALPABLE shift in sentiment in reporting.

In mainstream arenas like Bricks & Mortar (essentially a advertorial supplement) you are seeing very negative reporting.

To have this and the FT article on the same day is terrific news. The tide is gathering pace!

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None of this tells us when prices will start to rise again, but in locations that pass these tests they will, with Central London leading the way.

Geoff Marsh is the managing director of London Property Research.

So this is a London VI, telling people not to invest anywhere that doesn't meet London criteria.

Reminds me of the bit in Pitch Black where the flying beasties start tearing each other up in mid-air.

/G

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What I like about the article is that is gives the impression of being even-handed which makes it all the more convincing.

It's great to read such bearishness from someone who is in the business of BTLing.

Very interesting.

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  • 302 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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