wonderpup Posted June 1, 2008 Share Posted June 1, 2008 This little trick is used to distance themselves from their decision. They didn't want to be part of the game, they were forced. Once again it means they can pretend it wasn't them. I've noticed a similar trend amongst recent BTL 'victims'- they never purchased a BTL, they were always 'sold' a BTL. Quote Link to comment Share on other sites More sharing options...
geneer Posted June 1, 2008 Share Posted June 1, 2008 My comment probably won't get published:Better to be a vulture than a sheep! Following the heard into buy to let and then bleating when the bubble bursts. Time to learn the power of independent thought Rosie! Baa! herd. Quote Link to comment Share on other sites More sharing options...
Guest pioneer31 Posted June 1, 2008 Share Posted June 1, 2008 "My friend Jonny Maitland, from Tonight on ITV, has a better name: he calls them Arslabs, or Already Renting, Sold, Looking for a Bargain. The Arslabs are people who have flogged their houses, got into rented accommodation and are now looking for a fantastic deal. And, at the moment, the housing market seems to belong to them."Does she mean STR's? The housing market "seems to belong to them"? What a surprise. Someone should tell Bruno. THE STR'S STRATEGY IS SERIOUSLY FLAWED http://www.youtube.com/watch?v=AUtaXWEAGeY I'm guessing that Bruno isn't a sound engineer by trade. Quote Link to comment Share on other sites More sharing options...
SleepyHead Posted June 1, 2008 Share Posted June 1, 2008 (edited) I've noticed a similar trend amongst recent BTL 'victims'- they never purchased a BTL, they were always 'sold' a BTL. Good observation! You're right, BTLer's are always doing that. Anyone get the feeling that the "BTL or MEW Brigades" are gonna really kick up a stink as they see things going sour? They're used to the jet set lifestyle, and its a long way down for them. Reminds me of that Pro-Fox Hunting protest in parliament square, where protesters threw Champagne Bottles at police. That's a posh uprising if ever I saw one! The miners could only afford Brown Ale! Wonder how the BTL and MEWers will protest? Edited June 1, 2008 by Khayl Quote Link to comment Share on other sites More sharing options...
dandare500 Posted June 1, 2008 Share Posted June 1, 2008 Good post.They will hang on, desperately hoping for a bounceback, until it is too late It is true. We sold to rent in July 2006. House went up for sale at mid (out of three) ea price. £269995 stamp duty paid. Got only one offer which was low, but we took it at £245,000. Even then it took til August for it to go through because of awkward solicitors (who knows which one was right and who was wrong). If we could accept that almost two years ago, how greedy are these barstewards!!!! Quote Link to comment Share on other sites More sharing options...
Johnny Storm Posted June 1, 2008 Share Posted June 1, 2008 I consider myself more of a hungry wolf, ready to tear unsuspecting sheeple limb from limb Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted June 1, 2008 Share Posted June 1, 2008 there nothing like a really really ofside postion to make you paranoid.... these people are going to be stuck inside of their very expensive boxes for the plus side of 10 years. blaming the government the rockerfellas the illuminati..... the banks the traders the salesmen the brokers their wives their family the newspapers.... us....anyone but them..... I thought Millard was vutually bankrupt and couldnt make ends meet? Shes gonna loose it all it would seem if she cant reMEW. Quote Link to comment Share on other sites More sharing options...
eightiesgirly Posted June 1, 2008 Share Posted June 1, 2008 Vultures are great birds, they usually have no head feathers so they can get into the guts of dead things without getting messy. Maybe some on here would love to get into the guts of the now dead housing market without getting all bloody. Quite appropriate I think. Quote Link to comment Share on other sites More sharing options...
babesagainstmachines Posted June 1, 2008 Share Posted June 1, 2008 Looks like they've let a lot of our comments through Not mine though, and I was very polite :angry: Quote Link to comment Share on other sites More sharing options...
Dames Posted June 1, 2008 Share Posted June 1, 2008 So it appears her friend "Jonny" Maitland has a portfolio,then. That would make him a PIMP then , ' property is my pension'. D Quote Link to comment Share on other sites More sharing options...
dryrot Posted June 1, 2008 Share Posted June 1, 2008 Griptool, I think your valuation is about right. This sort of home is what I'd expect someone on a £100k to be able to buy with a biggest deposit and a mortgage of say £350k. Now such a person is actually pretty rich, the fact that they can't afford it because it is £1.2m is clearly daft. as u say... 1.2m in a deposit account at 6% would get u £70k-odd p.a... need never work again! Quote Link to comment Share on other sites More sharing options...
the primitive Posted June 1, 2008 Share Posted June 1, 2008 Well it wasn't me - I posted a reply (which was not abusive in any way), expressing my puzzlement at her opening sentence, given that she was one of the primary property rampers over the last 5 years. Strangely, whoever moderates the replies decided that my voice must be slienced! Perhaps my reference to the Ministry of Truth put them off. Mine didn;t get published either. Something along the lines of 1.2M you must be joking, try 750K, and a comment about most people wanting prices to fall, not just "ARSLABs". never mind, those that did get published aren't bad! Quote Link to comment Share on other sites More sharing options...
Bradbury Robinson Posted June 1, 2008 Share Posted June 1, 2008 I'm guessing that Bruno isn't a sound engineer by trade. http://www.brunopow.150m.com/website/ I'm going to hazard a guess that he's in web design!! Quote Link to comment Share on other sites More sharing options...
twatmangle Posted June 1, 2008 Share Posted June 1, 2008 YOUR HOUSE IS ONLY WORTH AS MUCH AS SOMEONE IS PREPARED TO PAY FOR IT. Now it's more like. "Your house is only worth what the bank is prepared to lend someone." Quote Link to comment Share on other sites More sharing options...
thecrashingisles Posted June 1, 2008 Share Posted June 1, 2008 http://www.brunopow.150m.com/website/I'm going to hazard a guess that he's in web design!! Is he having a little joke there. His website is now playing "I want you back" by Bananarama. Sorry, Bruno, HPI is dead. Quote Link to comment Share on other sites More sharing options...
Nickolarge Posted June 2, 2008 Share Posted June 2, 2008 Judy and Gerald Haycock have had a procession of Arslabs looking around their house, The correct term for a group of Arslabs is a re-procession Quote Link to comment Share on other sites More sharing options...
ruisort7 Posted June 2, 2008 Share Posted June 2, 2008 So it appears her friend "Jonny" Maitland has a portfolio,then. From ITV no less. I suppose Brad and George were too busy to comment. I'm no property expert, but judging by the comments at the end of the piece I'm guessing 'Arslabs' isn't going to catch on in a big way anytime soon. Quote Link to comment Share on other sites More sharing options...
Brightwell Posted June 2, 2008 Share Posted June 2, 2008 (edited) http://www.brunopow.150m.com/website/I'm going to hazard a guess that he's in web design!! This website is what I imagine hell is like. I think Bruno may have just finished designing the G.A.Y. nightclub website before he moved on to work on this beauty. Does Bruno work in fashion by day? Bruno's previous project Edited June 2, 2008 by Brightwell Quote Link to comment Share on other sites More sharing options...
SpewLabour Posted June 2, 2008 Share Posted June 2, 2008 In honour of Rosie, I'm adopting a new avatar (so long, Achmed !!) Quote Link to comment Share on other sites More sharing options...
gilf Posted June 2, 2008 Share Posted June 2, 2008 Griptool, I think your valuation is about right. This sort of home is what I'd expect someone on a £100k to be able to buy with a biggest deposit and a mortgage of say £350k. Now such a person is actually pretty rich, the fact that they can't afford it because it is £1.2m is clearly daft.Gut feel says this house today is only worth £850k tops. But long term should only be £500k. People have become totally detached from reality when it comes to house prices, every house price should by law come with the appropriate salary ratio attached. £350,000 (To afford this house you need a salary of £100,000) £210,000 (To afford this house you need a salary of £60,000) Quote Link to comment Share on other sites More sharing options...
Quoth Posted June 2, 2008 Share Posted June 2, 2008 Today's vulture will be tomorrow's knight in shining armour .The problem for the hard pressed vendors is that tomorrow's knight in shining armour will offer less than today's vulture, c'est la guerre. That is what I was thinking. Why apply a derisory name to those that will breathe some life into the housing market? Regards, Q Quote Link to comment Share on other sites More sharing options...
dandare500 Posted June 2, 2008 Share Posted June 2, 2008 People have become totally detached from reality when it comes to house prices, every house price should by law come with the appropriate salary ratio attached.£350,000 (To afford this house you need a salary of £100,000) £210,000 (To afford this house you need a salary of £60,000) Bit pointless if you're paying cash. Quote Link to comment Share on other sites More sharing options...
gordonbrown Posted June 2, 2008 Share Posted June 2, 2008 Vultures ready to swoop on properties as prices drop A vulture and proud of it. Wont be swooping on anything for a very long time though matey girl. Quote Link to comment Share on other sites More sharing options...
newbonic Posted June 2, 2008 Share Posted June 2, 2008 Vultures ready to swoop on properties as prices drop I think we can assume that she wouldn't have moaned so much had the prices been going through the roof, and more and more potential buyers priced out of the market. She's just emerging from the denial stage and entering the anger stage. Quote Link to comment Share on other sites More sharing options...
newbonic Posted June 2, 2008 Share Posted June 2, 2008 Judy and Gerald Haycock have had a procession of Arslabs looking around their house,The correct term for a group of Arslabs is a re-procession On a slightly different point: I wonder what vibes they're emitting as they shows potential buyers around their house, given that they see them as 'arslabs'. In reality the sellers have turned from being predators, to being prey; and unsurprisingly they don't like it! Quote Link to comment Share on other sites More sharing options...
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