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Make Lots Of Money By Flipping Off-plan Newbuilds

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Crash? What crash?

Once you actually get into the story, the writer appears as baffled as to why this is still going on as I am.

I can only imagine that there is fraud involved.

And for any innocent idiots out there thinking this can make them rich? See my sig.

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The only way you are going to make money on these things is to short them,or put a short-cover in and deliberately sell at the biggest loss possible.

Kinda like the game "go for broke....the way to win is to deliberately lose"

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Make Lots Of Money By Flipping Off-plan Newbuilds, Still money to be made says the Times

It doesn't say that at all.

The article is completely bearish. The fact that some hopeless hopefuls have still been trying to make money from new build tat isn't so surprising either. We are only just beginning to see real headlines about a crash. These are early days.

And I did hear a rumour that new build investors don't read newspapers anyway.

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I would be surprised if they could read, most aren't numerate... :lol:

I wouldn't be suprised if many were not even Uk based and have bought "off plan" thousands of miles away. The locals know better.

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As I've said many times -- the VI's will be pumping out the PR -- 100% -- THIS IS PR BULLSH1T...... We will see lots of this --- it is trying to convey that all is "ok" --- it is VI desperation.... THEY WILL TRY ANYTHING!!!!

Edited by eric pebble

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Kinda like the game "go for broke....the way to win is to deliberately lose"

Wow, I loved that game! Such an awesome concept!

I never found anyone who wasn't a member of my family who'd ever heard of it, though...

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Wow, I loved that game! Such an awesome concept!

I never found anyone who wasn't a member of my family who'd ever heard of it, though...

Along with Monopoly, Go for Broke was the game I always wanted to play as a kid. Of course my entire family hated them both but had to put up with it to keep me quiet.

It's probably still in the cupboard at my mums - time to dig it out next time I'm up there!

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When they interview hopeful football fans on the way to watch a match, there's usually some bonehead whose best attempt at an intelligent response is "TWO-NIL, TWO-NIL...."!

In BTL, I reckon that buying a flat off-plan now is the equivalent of Mr. Two-nil!

But then, I suppose if you pick a flat up cheap enough, off-plan, from a desperate developer and sell it when it's actually finished, there could be a profit. But if the flat is off-plan, what happens if you've bought it and it never gets built? With off-plan do you usually pay the purchase price at the start or just a deposit?

Edited by Sofa Spud

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My guess is that the market is being driven by grey/dirty foreign money.

Normal investment criteria do not apply.

I agree. The mafia are turning dirty money into clean money. Pay £200K in dirty money then offload at auction for £140K clean money. THat is a great result for the mafia and better than any other method at the moment. There is so much corruption in the property market because of the sums involved. :ph34r:

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  • 297 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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