Jump to content
House Price Crash Forum
Sign in to follow this  
spyguy

Fraggle Rock Ll Dm Article On Btl Empire

Recommended Posts

This is the muppet-looking LL that runs one of the property pumping forums.

Another Mail article.

Another wierd tone.

'It’s a type of gambling — but with calculated risks.'


Calculated? SUrely you have to numerate for that?
'They focused on family homes in Dorset and High Wycombe, and flats in Basingstoke. '
Don't know High Wycombe. By Dorset, I would guess they mean greater b'mouth - In which case they are screwed.
By Basingstoke I guess they mean those crap-hole ex-company HQs near the railway which have been (cheaply)converted into flats and filled up with 'social-tenants' They are doubly screwed.
The article initially reads like a booster but it has so many little lines in it like:

'This has a name in investment terms — it’s called leveraging. Quite simply, it means that when prices are soaring your profits multiply, but when they fall your losses multiply.'


Share this post


Link to post
Share on other sites

There hasn't been a rush of money into the sector from pension withdrawals, so they're ramping.

Too little is being withdrawn and those withdrawing it are just too wise to their ponzi.

Hence DM et al are ramping to try to cover a busted flush.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Next General Election   90 members have voted

    1. 1. When do you predict the next general election will be held?


      • 2019
      • 2020
      • 2021
      • 2022

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.