Meltdown Posted January 14, 2006 Share Posted January 14, 2006 (edited) The STRs take the slightest bit of bad news and exaggerate it out of all proportion in their feeble and desperate attempt to come up with some trigger that will cause a property crash. The STRs are desperately clutching at straws in taking any negative news no matter how trivial to argue the case for a property crash. The STRs are forever trying to justify a crash occurring by continually going on about irrelevant issues like the high price of oil, or rising inflation, or rising price of gold, or the impact of hurricane Katrina, and more recently the STRs have made a big deal about the fact that the economy won't be growing as fast as the Chancellor had predicted this year. The STRs have clearly lost the argument about property prices since a property crash shows not signs of occurring soon and the STRs just cannot live with the fact that they made probably the worst decision of their lives to sell to rent based on short term greed and many STRs are bitterly regreting their decision to sell their property and the only way they can save face is by arguing that a property crash is imminent but they have been saying that a property crash is imminent for many years now and it still hasn't happened yet and will not happen for a long time to come. The continuing housing boom has confounded the STRs and has made them look increasingly foolish and the STRs cannot bear to think that they made a serious misjudgement in sell to rent and are becoming increasly frustrated and disillusioned and fed up at seeing no sign of a property crash and many have resorted to trying to talk down the property market by coming up with the most feeble reasons, no matter how ridiculous they are, to deliberately spread rumours and start a panic about a market crash. The STRs have cried wolf far too often to be believed and their predictions of a crash occurring have been proved wrong so many times that they have lost all credibility and are laughed at and treated with contempt by many people. The STRs claim that there are vested interests at work who are trying to talk up the property market and yet the STRs themselves are not exactly free of vested interests themselves because the STRs have a vested interest in seeing a property crash occur so that they can then buy a property on the cheap so that they can then sell the property for a much higher price and make a significant profit in the next property boom. Edited January 14, 2006 by Meltdown Quote Link to comment Share on other sites More sharing options...
iamconfusedagain Posted January 14, 2006 Share Posted January 14, 2006 Hi bruno Quote Link to comment Share on other sites More sharing options...
Meltdown Posted January 14, 2006 Author Share Posted January 14, 2006 (edited) The continuing housing boom is causing the STRs much stress and anguish because they had hoped that the property crash would happen soon after they sold their property but this was always wishful thinking and the STRs have seriously misjudged the strength of the housing boom and are perplexed and getting increasingly frustrated at seeing no signs of a property crash occurring soon. The STRs made their decision to sell to rent based on short term greed and on the assumption that a property crash would happen soon after they sold their property but this has proved to be a serious misjudgement and mistake and is proving to a terrible and costly miscalculation because it means that the STRs are forced to stay in rented accommodation for much longer than they had expected which has resulting in a significant increase in their living expenses and outgoings because of all the costs associated with living in rented accommodation and the STRs will continue paying alot of dead money in rent that is helping to pay off the landlord's mortage whilst they continue to see the value of their STR fund money being eroded away by inflation. Many STRs are having deep misgivings and regrets about their decision to sell to rent and each and every day they wonder whether they sold too early and missed out on all the additional rises in house prices that have occurred since they sold their property. The STRs had not anticipated that the housing boom would continue for so long and their decision to sell to rent was based on the assumption that a property crash would have happened by now so that they can get back onto the property ladder quickly and buy a property more cheaply but the property crash remains as elusive as ever and the STRs are having to live with the long term consequences of their rash and ill-judged decision to sell to rent and many will find it very difficult to get back onto the property ladder in the future and some may end up living in rented accommodation forever. The STRs made a lifestyle choice to sell to rent thinking that they will only be living in rented accommodation for a short while and hoped that they would put up with the inconvenience of renting for only a short time but this proved to be a serious miscalculation since there is little prospect of a property crash occurring soon and even if a property crash did happen they would have to wait many years before the trough has been reached in house prices before it becomes a right time to buy a property which means that the STRs will have to put up with the inconvenience and costs and significant drawbacks of renting for much longer than they ever expected. Edited January 14, 2006 by Meltdown Quote Link to comment Share on other sites More sharing options...
BandWagon Posted January 14, 2006 Share Posted January 14, 2006 (edited) Bill Gates aka Bruno Powroznik strikes again. I will be quite happy with 30% off over 5 years. So a £500k London house will be worth around £350k, and my income will have increased by about 20%. Housing will once again be affordable. Edited January 14, 2006 by BandWagon Quote Link to comment Share on other sites More sharing options...
theChuz Posted January 14, 2006 Share Posted January 14, 2006 The continuing housing boom is causing the STRs much stress and anguish because they had hoped that the property crash would happen soon after they sold their property but this was always wishful thinking and the STRs have seriously misjudged the strength of the housing boom and are perplexed and getting increasingly frustrated at seeing no signs of a property crash occurring soon. The STRs made their decision to sell to rent based on short term greed and on the assumption that a property crash would happen soon after they sold their property but this has proved to be a serious misjudgement and mistake and is proving to a terrible and costly miscalculation because it means that the STRs are forced to stay in rented accommodation for much longer than they had expected which has resulting in a significant increase in their living expenses and outgoings because of all the costs associated with living in rented accommodation and the STRs will continue paying alot of dead money in rent that is helping to pay off the landlord's mortage whilst they continue to see the value of their STR fund money being eroded away by inflation. Many STRs are having deep misgivings and regrets about their decision to sell to rent and each and every day they wonder whether they sold too early and missed out on all the additional rises in house prices that have occurred since they sold their property. The STRs had not anticipated that the housing boom would continue for so long and their decision to sell to rent was based on the assumption that a property crash would have happened by now so that they can get back onto the property ladder quickly and buy a property more cheaply but the property crash remains as elusive as ever and the STRs are having to live with the long term consequences of their rash and ill-judged decision to sell to rent and many will find it very difficult to get back onto the property ladder in the future and some may end up living in rented accommodation forever. The STRs made a lifestyle choice to sell to rent thinking that they will only be living in rented accommodation for a short while and hoped that they would put up with the inconvenience of renting for only a short time but this proved to be a serious miscalculation since there is little prospect of a property crash occurring soon and even if a property crash did happen they would have to wait many years before the trough has been reached in house prices before it becomes a right time to buy a property which means that the STRs will have to put up with the inconvenience and costs and significant drawbacks of renting for much longer than they ever expected. Oh shut up Quote Link to comment Share on other sites More sharing options...
Come On Down Posted January 14, 2006 Share Posted January 14, 2006 The continuing housing boom is causing the STRs much stress and anguish because they had hoped that the property crash would happen soon after they sold their property but this was always wishful thinking and the STRs have seriously misjudged the strength of the housing boom and are perplexed and getting increasingly frustrated at seeing no signs of a property crash occurring soon. The STRs made their decision to sell to rent based on short term greed and on the assumption that a property crash would happen soon after they sold their property but this has proved to be a serious misjudgement and mistake and is proving to a terrible and costly miscalculation because it means that the STRs are forced to stay in rented accommodation for much longer than they had expected which has resulting in a significant increase in their living expenses and outgoings because of all the costs associated with living in rented accommodation and the STRs will continue paying alot of dead money in rent that is helping to pay off the landlord's mortage whilst they continue to see the value of their STR fund money being eroded away by inflation. Many STRs are having deep misgivings and regrets about their decision to sell to rent and each and every day they wonder whether they sold too early and missed out on all the additional rises in house prices that have occurred since they sold their property. The STRs had not anticipated that the housing boom would continue for so long and their decision to sell to rent was based on the assumption that a property crash would have happened by now so that they can get back onto the property ladder quickly and buy a property more cheaply but the property crash remains as elusive as ever and the STRs are having to live with the long term consequences of their rash and ill-judged decision to sell to rent and many will find it very difficult to get back onto the property ladder in the future and some may end up living in rented accommodation forever. The STRs made a lifestyle choice to sell to rent thinking that they will only be living in rented accommodation for a short while and hoped that they would put up with the inconvenience of renting for only a short time but this proved to be a serious miscalculation since there is little prospect of a property crash occurring soon and even if a property crash did happen they would have to wait many years before the trough has been reached in house prices before it becomes a right time to buy a property which means that the STRs will have to put up with the inconvenience and costs and significant drawbacks of renting for much longer than they ever expected. Meltdown, yOu sound so bitter and twisted, that you are probably a STR yourself!!!!!! Quote Link to comment Share on other sites More sharing options...
Meltdown Posted January 14, 2006 Author Share Posted January 14, 2006 Some STRs say that they want to see a property crash occur so that they can buy a property at sensible prices and claim that they are not interested whether house prices rise or not after the crash and are not interested in making money from any future increases in property prices but this is complete nonsense and a blatant lie because the STRs would not bother wasting alot time and money buying a property unless they thought that property prices were likely to rise and make a profit by selling the property for a much higher price when prices rise again. Some STRs say that their decision to sell their property was based on the basic investors principle that you buy low and sell high and that they are waiting for a property crash to occur so that they can buy at a low price. The problem with this idea is that there is little point in buying a property at a low price if property prices will continue to remain low for many years. It is only worth buying a property at a low price when property prices are about to start rising as the economy enters a boom. There is no point in buying a property at a low price just as the economy is about to enter a recession because it will mean that house prices will be falling and will not be rising for many years. There is no point in buying an asset that is not going to be appreciating in value for many years. The best time to buy an asset is when prices are about to start rising rather than wasting time and money buying an asset that is not going to be appreciating in value for many years. London winning the bid to host the Olympics in 2012 means that the property boom is likely to continue for the next seven years until the start of the London Olympics in 2012. Even if a property crash were to happen soon after the Olympics the bottom in property prices will not be reached for a further five years which means that the STRs will have to wait twelve long and miserable years until 2017 before it becomes the right time to get back onto the property ladder. The STRs can only claim that their decision to sell their property and move into rented accommodation is a success if a property crash occurred soon after they sold their property so that they can buy a property more cheaply and quickly get back onto the property ladder but this has failed to happen and their gamble has failed to pay off which means that they are having to stay in rented accommodation for much longer than they had hoped. The STRs gamble to sell their property was based on the assumption that a property crash would have occurred soon after they sold their property so that they can get back onto the property ladder as soon as possible after selling their property and hoped that they would only be living in rented accommodation for a short while but this has proved to be wishful thinking and has proved to be way off the mark since the property crash is not likely to occur for many years which means that the STRs will have to stay in rented accommodation for much longer than they had anticipated, paying all that dead money in rent that is helping to pay off the landlord's mortgage. The STRs gambled their house on a crash occurring soon but this gamble has failed and the STRs are now having to live with the consequences of a rash decision to sell their property based on short-term greed and are now paying a terrible price for their ill-judged decision as they no longer own a property that they can call their own and will remain in limbo for many years to come as they continue to wish their pathetic retarded lives away waiting for the property crash that is not likely to occur for many years. As the STRs wait for the property crash the STR fund money that they made in selling their property is losing value all the time because it is continually being eroded away by inflation and the STRs are paying alot of dead money in rent that is helping to pay off their landlord's mortgage. Quote Link to comment Share on other sites More sharing options...
Meltdown Posted January 14, 2006 Author Share Posted January 14, 2006 Some STRs say that they want to see a property crash occur so that they can buy a property at sensible prices and claim that they are not interested whether house prices rise or not after the crash and are not interested in making money from any future increases in property prices but this is complete nonsense and a blatant lie because the STRs would not bother wasting alot time and money buying a property unless they thought that property prices were likely to rise and make a profit by selling the property for a much higher price when prices rise again. Some STRs say that their decision to sell their property was based on the basic investors principle that you buy low and sell high and that they are waiting for a property crash to occur so that they can buy at a low price. The problem with this idea is that there is little point in buying a property at a low price if property prices will continue to remain low for many years. It is only worth buying a property at a low price when property prices are about to start rising as the economy enters a boom. There is no point in buying a property at a low price just as the economy is about to enter a recession because it will mean that house prices will be falling and will not be rising for many years. There is no point in buying an asset that is not going to be appreciating in value for many years. The best time to buy an asset is when prices are about to start rising rather than wasting time and money buying an asset that is not going to be appreciating in value for many years. London winning the bid to host the Olympics in 2012 means that the property boom is likely to continue for the next seven years until the start of the London Olympics in 2012. Even if a property crash were to happen soon after the Olympics the bottom in property prices will not be reached for a further five years which means that the STRs will have to wait twelve long and miserable years until 2017 before it becomes the right time to get back onto the property ladder. The STRs can only claim that their decision to sell their property and move into rented accommodation is a success if a property crash occurred soon after they sold their property so that they can buy a property more cheaply and quickly get back onto the property ladder but this has failed to happen and their gamble has failed to pay off which means that they are having to stay in rented accommodation for much longer than they had hoped. The STRs gamble to sell their property was based on the assumption that a property crash would have occurred soon after they sold their property so that they can get back onto the property ladder as soon as possible after selling their property and hoped that they would only be living in rented accommodation for a short while but this has proved to be wishful thinking and has proved to be way off the mark since the property crash is not likely to occur for many years which means that the STRs will have to stay in rented accommodation for much longer than they had anticipated, paying all that dead money in rent that is helping to pay off the landlord's mortgage. The STRs gambled their house on a crash occurring soon but this gamble has failed and the STRs are now having to live with the consequences of a rash decision to sell their property based on short-term greed and are now paying a terrible price for their ill-judged decision as they no longer own a property that they can call their own and will remain in limbo for many years to come as they continue to wish their pathetic retarded lives away waiting for the property crash that is not likely to occur for many years. As the STRs wait for the property crash the STR fund money that they made in selling their property is losing value all the time because it is continually being eroded away by inflation and the STRs are paying alot of dead money in rent that is helping to pay off their landlord's mortgage. Quote Link to comment Share on other sites More sharing options...
OLDFTB Posted January 14, 2006 Share Posted January 14, 2006 "Meltdown" sounds like that W*nker "Bill Gates" off Singing Pig. He's the one who copies and pastes text from other property websites 'cause he doesn't have a mind of his own. Quote Link to comment Share on other sites More sharing options...
Michael Hunt Posted January 14, 2006 Share Posted January 14, 2006 The continuing housing boom is causing the STRs much stress and anguish because they had hoped that the property crash would happen soon after they sold their property but this was always wishful thinking and the STRs have seriously misjudged the strength of the housing boom and are perplexed and getting increasingly frustrated at seeing no signs of a property crash occurring soon. The STRs made their decision to sell to rent based on short term greed and on the assumption that a property crash would happen soon after they sold their property but this has proved to be a serious misjudgement and mistake and is proving to a terrible and costly miscalculation because it means that the STRs are forced to stay in rented accommodation for much longer than they had expected which has resulting in a significant increase in their living expenses and outgoings because of all the costs associated with living in rented accommodation and the STRs will continue paying alot of dead money in rent that is helping to pay off the landlord's mortage whilst they continue to see the value of their STR fund money being eroded away by inflation. Many STRs are having deep misgivings and regrets about their decision to sell to rent and each and every day they wonder whether they sold too early and missed out on all the additional rises in house prices that have occurred since they sold their property. The STRs had not anticipated that the housing boom would continue for so long and their decision to sell to rent was based on the assumption that a property crash would have happened by now so that they can get back onto the property ladder quickly and buy a property more cheaply but the property crash remains as elusive as ever and the STRs are having to live with the long term consequences of their rash and ill-judged decision to sell to rent and many will find it very difficult to get back onto the property ladder in the future and some may end up living in rented accommodation forever. The STRs made a lifestyle choice to sell to rent thinking that they will only be living in rented accommodation for a short while and hoped that they would put up with the inconvenience of renting for only a short time but this proved to be a serious miscalculation since there is little prospect of a property crash occurring soon and even if a property crash did happen they would have to wait many years before the trough has been reached in house prices before it becomes a right time to buy a property which means that the STRs will have to put up with the inconvenience and costs and significant drawbacks of renting for much longer than they ever expected. who rattled your cage? Quote Link to comment Share on other sites More sharing options...
Meltdown Posted January 14, 2006 Author Share Posted January 14, 2006 The STRs are getting itchy feet and are getting fed up of renting and hate paying all that dead money in rent that is helping to pay off the landlord's mortgage. The STRs just can't wait to get back onto the property ladder. It is a bit wierd and bizarre that the STRs are so keen to get back onto the property ladder when they were so keen to get off the property ladder in the first place. The STRs want to get back onto the property ladder quickly because they fear that their STR fund money that they made in selling their property is losing value all the time because it is being eroded away by inflation and the STRs are very anxious to re-invest their STR fund money back into property before their STR fund money ends up being worthless because of inflation. The STRs arrogantly thought that once they got off the property ladder then they would be able to get back onto the property ladder with ease but they are finding to their horror that getting their foot back onto the property is not going to be as easy as they originally thought. The STRs did not consider the very real possibility that once they got off the property ladder then they may never get a chance of getting back onto the property ladder ever again. The continuing housing boom is causing the STRs to experience severe financial and emotional problems because they had gambled on a property crash occurring soon after they sold their property which would have mean't that they would only be spending a short time living in rented accommodation but they are now finding that they will be living in rented accommodation for much longer than they had expected and this is causing the STRs to experience severe stress and anxiety and are becoming increasing moody and frustrated and distressed at not seeing any sign of the property crash occurring which is making the STRs try to alieviate their depression by indulging in retail therapy and spending lots of money just to take their minds off the property market and this has dramatically increased the outgoings and living costs of the STRs. The STRs let short-term greed cloud their judgement and they sold their property for a high price, knowing full well that the property was way over-priced, to some poor over-stretched, niave and gullible buyer, ripping off the buyer in that the buyer payed far too much much for the property. The STRs were quite happy to sell their property for a high price but they themselves are not prepared to pay a high price for property and are waiting for a crash to occur so that they can then buy a property more cheaply. It is only reasonable that since the STRs were happy to sell their property for a high price then the STRs should themselves be prepared to pay a high price for property. It would be hypocritical and two-faced of the STRs to insist that someone pay a high price for their property only for the STR to insist that they themselves are only willing to buy a property at a low price. The STRS hate living in rented accommodation because they have discovered to their cost that their living expenses and general outgoings have significantly increased since selling their property and moving into rented accommodation. The STRs can't stand being in their rented accommodation for long without tearing their teeth out and as a consequence are find themselves going out more often and spending much more money than they did when they owned their own property and stayed in more often which has mean't that their expenses have risen considerably since moving into rented accommodation. The STRs had hoped that a property crash would have happened soon after they sold their property so that they would only spend a short time living in rented accommodation and that they would be able to quickly get back on to the property ladder and buy a property more cheaply during a crash. However, the property crash has not occurred and there is no sign of a property crash occurring and it is unlikely to occur for many years to come which means that the STRS are fbeing orced to stay living in rented accommodation for much longer than they had expected, paying all that dead money in rent that is helping to pay off their landlord's mortgage. Given the choice the STRs would much rather be living in a home of their own than living in rented accommodation. They made their decision to sell to rent based on the mistaken assumption that they will be renting for only a short time because they had assumed that a property crash would have happened soon after they sold their property but this has proved to be wishful thinking and the STRs are now paying a terribly high price for their ill-judged decision to sell to rent and are find themselves living in a place they hate for much longer than they had ever expected and are facing the very real prospect of never getting the chance of getting back onto the property ladder ever again. Quote Link to comment Share on other sites More sharing options...
BandWagon Posted January 14, 2006 Share Posted January 14, 2006 (edited) Bruno even managed to get mentioned in the Telegraph. In the days when he believed in 70% falls in 2005, and before he became the squealing pigs biggest bull. http://www.telegraph.co.uk/property/main.j...2/ixptop17.html Edited January 14, 2006 by BandWagon Quote Link to comment Share on other sites More sharing options...
Meltdown Posted January 14, 2006 Author Share Posted January 14, 2006 The continuing housing boom is causing the STRs much stress and anguish because they had hoped that the property crash would happen soon after they sold their property but this was always wishful thinking and the STRs have seriously misjudged the strength of the housing boom and are perplexed and getting increasingly frustrated at seeing no signs of a property crash occurring soon. The STRs made their decision to sell to rent based on short term greed and on the assumption that a property crash would happen soon after they sold their property but this has proved to be a serious misjudgement and mistake and is proving to a terrible and costly miscalculation because it means that the STRs are forced to stay in rented accommodation for much longer than they had expected which has resulting in a significant increase in their living expenses and outgoings because of all the costs associated with living in rented accommodation and the STRs will continue paying alot of dead money in rent that is helping to pay off the landlord's mortage whilst they continue to see the value of their STR fund money being eroded away by inflation. Many STRs are having deep misgivings and regrets about their decision to sell to rent and each and every day they wonder whether they sold too early and missed out on all the additional rises in house prices that have occurred since they sold their property. The STRs had not anticipated that the housing boom would continue for so long and their decision to sell to rent was based on the assumption that a property crash would have happened by now so that they can get back onto the property ladder quickly and buy a property more cheaply but the property crash remains as elusive as ever and the STRs are having to live with the long term consequences of their rash and ill-judged decision to sell to rent and many will find it very difficult to get back onto the property ladder in the future and some may end up living in rented accommodation forever. The STRs made a lifestyle choice to sell to rent thinking that they will only be living in rented acocommodation for a short while and hoped that they would put up with the inconvenience of renting for only a short time but this proved to be a serious miscalculation since there is little prospect of a property crash occurring soon and even if a property crash did happen they would have to wait many years before the trough has been reached in house prices before it becomes a right time to buy a property which means that the STRs will have to put up with the inconvenience and costs and significant drawbacks of renting for much longer than they ever expected. Quote Link to comment Share on other sites More sharing options...
BuyingBear Posted January 14, 2006 Share Posted January 14, 2006 The STRs are getting itchy feet and are getting fed up of renting and hate paying all that dead money in rent that is helping to pay off the landlord's mortgage. The STRs just can't wait to get back onto the property ladder. It is a bit wierd and bizarre that the STRs are so keen to get back onto the property ladder when they were so keen to get off the property ladder in the first place. Troll, troll, troll your boat gently down the stream... merrily, merrily, merrily, merrily Quote Link to comment Share on other sites More sharing options...
Meltdown Posted January 14, 2006 Author Share Posted January 14, 2006 The STRs are wasting their time and wishing their lives away waiting for a property crash to happen because even if a crash were to occur soon which brings property prices down there won't be another housing boom until another economic boom develops in ten years time. The STRs are hoping that a crash will occur so that its brings property prices down and enables the STRs to buy a property more cheaply but it will take many yuears for the housing boom to unravel and the STRs will be faced will having to wait many years after a crash has started before the bottom has been reached in house prices. The STRs will find it difficult to judge when the bottom in property prices has been reached and they could well find themselves in a situation where they will be buying a property in a falling market and may end up buying a property that is depreciating in value and end up in serious negative equity. Even when the STRs do manage to buy a property when house prices have finally reached the bottom they will be buying a property that will not be appreciating in value for many years which means that they will be spending alot of money in buying a property that will not be rising in value to keep up with inflation and as a result the value of the property will be eroded away by inflation and the STRs will be losing alot of money as they see the value of their property in real terms being eroded away. The STRs are hoping to buy a property at a low price with the intention of making alot of money by selling the property for a much higher price and make a substantial profit in the next property boom. The STRs hope that soon after they buy a property at a low price during a crash that house prices will begin to start rising again fairly quickly after they bought a property and hope to make money quickly from a rise in house prices. The problem is that there just isn't going to be another property boom for at least ten years and the STRs are clearly very niave in thinking that there will be a property boom soon after they buy a property for a low price during a crash. There isn't going to be another housing boom for ten years which means that the STRs are just wasting their time waiting for a crash to occur to buy a property for a low price because the property will not be appreciating in value for at least ten years and the STRs will be lumbered with a property that is not rising in value to up keep up with inflation and as such will be losing value in real terms. There is little point in the STRs buying a property during a crash when property prices will be falling or languishing at the bottom for many years because they will be buying a property that will not be appreciating in value for many years and run the very real risk where the value of the property will continue to fall in value. The best time to buy a property is when property prices are about to start rising as the economy is beginning to emerge from a long and deep recession rather than buying a property just as the economy is entering the initial stages of a recession after a long boom. The STRs will have to wait for the next property boom to occur before it becomes the right time to buy a property but this is not going to occur until another economic boom develops which won't take place for a least ten years until a recession has occurred that has managed to bring down the current boom which will take many many years. The STRs are faced with having to struggle and live through a long and painful recession, lasting perhaps as long as ten years, before the time is right to buy a property just as the economy is showing signs of recovery following the slump and enters another boom that causes house prices to rise again. Quote Link to comment Share on other sites More sharing options...
Michael Hunt Posted January 14, 2006 Share Posted January 14, 2006 you sound like a rite arshole (full of sh1t) Quote Link to comment Share on other sites More sharing options...
Meltdown Posted January 14, 2006 Author Share Posted January 14, 2006 The STRs are wasting their time and wishing their lives away waiting for a property crash to happen because even if a crash were to occur soon which brings property prices down there won't be another housing boom until another economic boom develops in ten years time. The STRs are hoping that a crash will occur so that its brings property prices down and enables the STRs to buy a property more cheaply but it will take many yuears for the housing boom to unravel and the STRs will be faced will having to wait many years after a crash has started before the bottom has been reached in house prices. The STRs will find it difficult to judge when the bottom in property prices has been reached and they could well find themselves in a situation where they will be buying a property in a falling market and may end up buying a property that is depreciating in value and end up in serious negative equity. Even when the STRs do manage to buy a property when house prices have finally reached the bottom they will be buying a property that will not be appreciating in value for many years which means that they will be spending alot of money in buying a property that will not be rising in value to keep up with inflation and as a result the value of the property will be eroded away by inflation and the STRs will be losing alot of money as they see the value of their property in real terms being eroded away. The STRs are hoping to buy a property at a low price with the intention of making alot of money by selling the property for a much higher price and make a substantial profit in the next property boom. The STRs hope that soon after they buy a property at a low price during a crash that house prices will begin to start rising again fairly quickly after they bought a property and hope to make money quickly from a rise in house prices. The problem is that there just isn't going to be another property boom for at least ten years and the STRs are clearly very niave in thinking that there will be a property boom soon after they buy a property for a low price during a crash. There isn't going to be another housing boom for ten years which means that the STRs are just wasting their time waiting for a crash to occur to buy a property for a low price because the property will not be appreciating in value for at least ten years and the STRs will be lumbered with a property that is not rising in value to up keep up with inflation and as such will be losing value in real terms. There is little point in the STRs buying a property during a crash when property prices will be falling or languishing at the bottom for many years because they will be buying a property that will not be appreciating in value for many years and run the very real risk where the value of the property will continue to fall in value. The best time to buy a property is when property prices are about to start rising as the economy is beginning to emerge from a long and deep recession rather than buying a property just as the economy is entering the initial stages of a recession after a long boom. The STRs will have to wait for the next property boom to occur before it becomes the right time to buy a property but this is not going to occur until another economic boom develops which won't take place for a least ten years until a recession has occurred that has managed to bring down the current boom which will take many many years. The STRs are faced with having to struggle and live through a long and painful recession, lasting perhaps as long as ten years, before the time is right to buy a property just as the economy is showing signs of recovery following the slump and enters another boom that causes house prices to rise again. Quote Link to comment Share on other sites More sharing options...
BuyingBear Posted January 14, 2006 Share Posted January 14, 2006 (edited) Bill Gates aka Bruno Powroznik strikes again. Where's a moderator when you need one? Can I be a moderator, can anyone be a moderator? Or do I have to 'bear' my breast at some initiation ceremony and twiddle my left nipple, then be anointed by an equal number of FTB and STR overlords, the chosen few, and have the ashes of burnt estate agent posters chalked onto my right buttock, followed by ramming a "For Sale" sign through the roof of a soft-top Mini Cooper. Is it like MI5 where everyone is refered to by prefix, as true potential buyers i.e. :- Mrs P (is looking for a two bed...) Mr A (wants to buy...) Mr H (is asleep) Mr T.Bear (wants a luxury inner city 2 bed apartment). Edited January 14, 2006 by BuyingBear Quote Link to comment Share on other sites More sharing options...
Guest Charlie The Tramp Posted January 14, 2006 Share Posted January 14, 2006 Where's a moderator when you need one? What are you doing in the TSF. Quote Link to comment Share on other sites More sharing options...
BuyingBear Posted January 14, 2006 Share Posted January 14, 2006 What are you doing in the TSF. I was in the main forum, I posted a nice story and I got Bill Gated, so replied by asked how you go about fixing such things and then the latter part of the thread was moved here. It's no doubt due to the ungodly powers of the HPC overlords, they have the ability to alter the visceral structures of time and space, it's most disconcerting but it makes me all warm and fuzzy inside! Quote Link to comment Share on other sites More sharing options...
Guest Charlie The Tramp Posted January 14, 2006 Share Posted January 14, 2006 It's no doubt due to the ungodly powers of the HPC overlords, they have the ability to alter the visceral structures of time and space, it's most disconcerting but it makes me all warm and fuzzy inside! Glad to be of help. Quote Link to comment Share on other sites More sharing options...
othello Posted January 26, 2006 Share Posted January 26, 2006 "The STRs have clearly lost the argument about property prices since a property crash shows not signs of occurring soon" Hmmm, which planet are you on? I don't know who you are or why you want to argue that black is white - or maybe you base your assertion on the ohuse price stats, but prices have been dropping almost everywhere and with the exception of seasonal blips will continue to do so. "Crash" is an emotive word, but prices are falling rapidly. The reasons are well explained in the many posts on this site, but I have yet so see one convincing argument that prices are still going up (ore even remaining statis)! Quote Link to comment Share on other sites More sharing options...
noddynoo Posted February 1, 2006 Share Posted February 1, 2006 "The STRs have clearly lost the argument about property prices since a property crash shows not signs of occurring soon" Hmmm, which planet are you on? I don't know who you are or why you want to argue that black is white - or maybe you base your assertion on the ohuse price stats, but prices have been dropping almost everywhere and with the exception of seasonal blips will continue to do so. "Crash" is an emotive word, but prices are falling rapidly. The reasons are well explained in the many posts on this site, but I have yet so see one convincing argument that prices are still going up (ore even remaining statis)! I have only just logged back on here to find that I am still on the troll site just because I said my house had rocketed in value and everything was selling like hotcakes here in Brighton!Childish site IMo as unless you toe the line you are out! Quote Link to comment Share on other sites More sharing options...
Ferret Posted February 1, 2006 Share Posted February 1, 2006 (edited) I have only just logged back on here to find that I am still on the troll site just because I said my house had rocketed in value and everything was selling like hotcakes here in Brighton!Childish site IMo as unless you toe the line you are out! Once again any view but your own is scorned and why do you say she should be off buying property instead of posting Maybe she is You all sound like a bunch of schoolboys in a playground This site has given me plenty of fuel for my next article LOOK OUT FOR IT! Well this reply convinced me you were a troll and not who you claimed to be. Edited February 1, 2006 by fedupwaiting Quote Link to comment Share on other sites More sharing options...
noddynoo Posted February 2, 2006 Share Posted February 2, 2006 Well this reply convinced me you were a troll and not who you claimed to be. I am not a troll It seems to be that aswell as scaremongerers you are also psychic Very unfair Sour grapes all round from those who only see one side Quote Link to comment Share on other sites More sharing options...
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