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Like many of the comments say.....who cares what it is worth whilst paying for it.....the only time value is important is the day you buy and the day you sell.....most homes are more than 80% paid for.......it is the kids and the next generation that need to see lower prices....one is enough for everyone, over and above when the demand is so great a penalty should be exercised.....invest in yourself, your business, your education or the firms that act in an ethical and proper manner.....homes for the resident workers should not be used as an investment. imo.

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Interesting article and the author has an interesting background.


John Ficenec

John Ficenec is Editor of the Questor column at Telegraph Media Group working across the Daily and Sunday titles and online. He is a qualified accountant who trained at KPMG before moving into asset management and the private equity industry. He has worked in financial journalism since 2011 and joined the Telegraph in 2013. He won 'Article of the Year' in the 2013 CFA Society of UK awards.

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I was shocked this was printed in the DT.

The Telegraph is OK on house prices and BTL once you get out of Richard Dyson's fiefdom in the Personal Finance pages, and even therein there's some good journalism amongst the non-stop idiotic BTL ramping, by way of an example, Andrew Oxlade did a load of good stuff on the Nationwide BMR snafu. Even Dyson is at worst a mixed bag.

Edited by Bland Unsight

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Well Portal 118 won't like that at all.

Ros will write another Epistle to someone or other.

Obviously, this Ficenec does not understand BTL at all, how all the hard working Landlords who provide warm comfortable homes for people right the length and breadth of the UK will be ruined, all the homeless people who will be out on the streets, Councils inundated with people needing accommodation, even Margaret Thatcher rising from the grave.

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Looking at the Telegraph on my mobile this article is the second down, plus two large links on how btl will lose money. That's on a Sunday too when a lot of people are looking for material to read and with probably the ideal readership. Good stuff. Bring on the crash.

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If "the powers that be" really are controlling thing, and want to feather their own nests, it is possible to make a LOT more money in a cyclical market. They just have to make sure they get out in time. It could be that somebody has now decided that a correction is due :)

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Apologies if already posted elsewhere.

Bear food is an important part of any HPCer's 5 a day.....

http://www.telegraph.co.uk/finance/property/house-prices/12087971/UK-house-price-crash-looms-as-global-asset-prices-unravel.html

Doh, I've posted this as well.

Mod, delete my post.

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