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Guest Winners and Losers

Don't Blame The Vi's

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Guest Winners and Losers

Is this what will hold the market up?

http://www.theaustralian.news.com.au/story...1-25658,00.html

MEET the Mingles. They are the newest and the grooviest social group to hit the headlines since the invention of Generation Y in the middle of 2005.

More powerful than the Frugals, faster-growing than the Kippers (kids in parents' pockets eroding retirement savings), able to leap hippies, punks, dinks and yuppies in a single bound. Look. Up in the sky. It's a nerd. It's a plane. No, it's a flying middle-aged baby boomer who's newly single. A middle-aged single by any other name is a "mingle".

Do not dismiss the mingles. They're here; they're sincere. But best of all they demand property and, boomers being boomers, they also command the social spotlight. Almost half a million extra mingles over the final 25 years of the 20th century has underpinned demand for new housing by a group that has, or should have, the means to deliver what property players the world over shamelessly lust after - margin.

But the mingle movement is more than the mere multiple begetting of the separated and the divorced. It now includes a large smattering of middle-aged gays (who I think should be known as the "greys").

Either way, the property industry wins: demand for dwellings and love nests rises. (I am not sure what accoutrements are required to distinguish a love nest from a dwelling. Would someone please advise?)

The opportunities for business to snuggle up to the mingles are endless. There's the need for housing and for finance as well as the need for venues and mechanisms to bring buyers and sellers together.

Edited by Winners and Losers

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I don't buy this. Not with empty properties all over the place because landlords won't take lower rent. Scarcity is about a lack. Artificial scarcity is about withholding resources. Of course its perfectly legal and its what is begot of a small time BTL culture where everyone knows the price of everything small and the value of nothing in terms of yield (the new rentier class??? Apologies to those who followed me into a poor use of rentier :lol::lol::lol: )

With so many new build one and two bedroom flats being built and now going DOWN DOWN DOWN, there arep plenty of properties for the Mingles, its just what banks are prepared to lend on them. Back to fiat money!

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Guest Winners and Losers

Someone be smoking some naughty cigarettes? :rolleyes:

Nobody is interested in what you've been up to tonight Shaker. :rolleyes:

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I don't buy this. Not with empty properties all over the place because landlords won't take lower rent.

spot on - had a good conversation with a letting agent today - luxury flat up for £800, was i interested - i noted that it had been empty on the market for 3 months and would they take £650 - no, they want the asking rent or just under

she also mentioned it was for sale - he won't sell it, i said - she agreed :D

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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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