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Ttrtr Has Realised

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S/He realised the game is up and trying to hide is fear by jumping on Stock Market Crash. Actually is Inflation is 10% above BOE target and Mervin King is saying Bumpy Ride Ahead. So there is a possiblity of IR going up than ever before. Is it guilt ?

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Corned rat or is it rabbit in headlights hes just gibbering at the moment , I don't think the enormity of the situation has sunk in yet.

He and most of the public are in the same boat they sort of know interest rates will rise but they just can't seem to accept it.

Ahh bless him, he'll be throwing his toys out the pram soon.

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He is in total denial about the tidal wave which is being seen approaching the shores now, hence his excitement about the stock market.

Property will be going the same way very soon, but it will be too late for him to liquidate.

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TTRTR is a very sad individual if gloating about SM slip makes him feel good!

can he not see that all the market turmoil is over impending interest rate rises ?

and we all know what that will do to house prices......

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He is in total denial about the tidal wave which is being seen approaching the shores now, hence his excitement about the stock market.

Perhaps he's got some sort of property surf board on which he'll be able to ride the wave over the top of all those floundering in the shallows? Have to catch the wave at its sweet spot first though ... paddle, paddle, PADDLE!!! :P

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Yeah, this morning I woke up, saw the Nikkei down 4% & thought 'this is it', the big day where the bears finally capitulate & admit that they'd be better off investing in a roof over their heads.

LMFAO!

:lol::lol::lol:

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I'm sure TTRTR is professional and good at what he does; unfortunately a herd of morons have jumped on the same wagon and will drag him down with them. No matter how savvy he is, there is no way his hovels will be immune to hpc once the fire sales and auctions start.

Poor lad.

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I'm sure TTRTR is professional and good at what he does; unfortunately a herd of morons have jumped on the same wagon and will drag him down with them. No matter how savvy he is, there is no way his hovels will be immune to hpc once the fire sales and auctions start.

Poor lad.

This is a really good point.

Not only morons though - some astute people will see this coming and sell up, or be some of the first to sell once we see proper falls.

Plenty of people aren't as wedded to property as some BTLers, despite having a reasonable portfolio. They will see property as an investment, not the investment.

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This is a really good point.

Not only morons though - some astute people will see this coming and sell up, or be some of the first to sell once we see proper falls.

Plenty of people aren't as wedded to property as some BTLers, despite having a reasonable portfolio. They will see property as an investment, not the investment.

BTLers aren't wedded to their properties. It will be the homeowner or struggling FTB who just scraped enough deposit for his 98% mortgage who will cling on. Investors will sell.

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Investors will sell.

Really? Even the "property always goes up, it's a long-term investment, in 25 years time it will be mine" crowd?

Plenty of them will be daft enough to sell near the bottom. Or get their properties sold on their behalf by their friends at the bank.

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Really? Even the "property always goes up, it's a long-term investment, in 25 years time it will be mine" crowd?

Plenty of them will be daft enough to sell near the bottom. Or get their properties sold on their behalf by their friends at the bank.

TTRTR gets a tiny orgasmic shiver every time he sees his name on a thread in this forum.

His "infamy" is his sole reason for his continued posting.

Anyone else would have migrated to a more like minded forum a long time ago.

Edited by geneer

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TTRTR is a goner, and he knows it. His job at the wandsworth estate agents is on the line. Unless he can singlehandely hold back the tide and prevent the crash gathering pace, he's fired. Poor little umbrella sharer*

* see bruno

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Really? Even the "property always goes up, it's a long-term investment, in 25 years time it will be mine" crowd?

Plenty of them will be daft enough to sell near the bottom. Or get their properties sold on their behalf by their friends at the bank.

Doesn't sound like an investor to me...

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TTRTR is a goner, and he knows it. His job at the wandsworth estate agents is on the line. Unless he can singlehandely hold back the tide and prevent the crash gathering pace, he's fired. Poor little umbrella sharer*

* see bruno

Maybe he does have a portfolio. And maybe hes profiting.

But it really is irrelevant to the ongoing discussions on this forum.

No one questions the validity of buying low, selling high. A monkey could understand the principle.

That doesn't make now the time to buy.

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Maybe he does have a portfolio. And maybe hes profiting.

and maybe he doesn't and maybe he isnt.

But it really is irrelevant to the ongoing discussions on this forum.

and when did you become a moderator, to tell the rest of us what is and isnt relevant to this forum?

No one questions the validity of buying low, selling high. A monkey could understand the principle.

So you are saying that most BTL muppets who bought in the last 6 years or so are more stupid than monkeys? Agree.

That doesn't make now the time to buy.

presumably this slipped in from some other post of yours. Unless in a roundabout way what you are trying to say is 'now is the time to sell'.

Edited by CrashIsUnderWay

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So you are saying that most BTL muppets who bought in the last 6 years or so are more stupid than monkeys? Agree.

And a lot of those BTL muppets that bought within the last 6 years are and will continue to make reasonably steady returns without too much effort.

Rising interest rates = HPC = Panic selling = Glut of property on market + No one buying = Supply of people wishing to rent = Fun, fun fun for those landlords that bought well and are happy to hold during the dip while banking a healthy rental return + while slowly purchasing additional cheap properties as prices continue to fall.

Even with crashing prices and (maybe) falling rents, there will still be a whole section of property owners that will not give two hoots about the financial changes as they will just not be affected. It may not be classed as 'intelligent' investing but thats life. Many will prefer to continue as they are instead of chasing the very best returns.

And even if prices never move again, they will be financially ahead as the rent will be used to pay off the loan thus providing them with a debt free, income producing assett in a matter of years. Paper equity may have halved but as many bought well (yes, even in the last 3 years), even after a 20 - 30% fall prices will still be up to 50% higher than the price paid.

I suppose it is all down to lazyness. A lot of people are currently screaming sell sell sell and invest in snail farms as the charts say they are going to rocket.

It might be true and worth while if you are that way inclined but for many it will be just too much hassle. They will be happy to stay invested in out of favour property, using the returns from their debt free assetts to fund a life of ease and tranquility.

One thing to remember is that past history is a double edged sword. Just as it is currently being used to predict falls in house prices, by extending the chart off into the distance, if house prices fall then you can bet, if history is correct and markets are cyclical, that at some point in the future, they will creep back up again.

Edited by binkybonka

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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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