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JohnnyB

No Word From Our Pal At Assetz

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I've noticed we haven't heard anything from our mate Stuart Law at Assetz for a while. I checked out his blog on the Assetz website and he hasn't updated it since 28 June. He didn't even come along and say the Haliwide figures were rubbish and we should be looking at Rightmove asking prices for an accurate picture of the market. No even a warning to BoE that not cutting interest rates might result in a 'modest' fall in house prices.

Anyone know of his wherabouts? Have his investors finally twigged they've been conned and are baying for his blood?

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I've noticed we haven't heard anything from our mate Stuart Law at Assetz for a while. I checked out his blog on the Assetz website and he hasn't updated it since 28 June. He didn't even come along and say the Haliwide figures were rubbish and we should be looking at Rightmove asking prices for an accurate picture of the market. No even a warning to BoE that not cutting interest rates might result in a 'modest' fall in house prices.

Anyone know of his wherabouts? Have his investors finally twigged they've been conned and are baying for his blood?

Speak of the Devil... This hit my Inbox today... "Hotel Rooms are the new BTL" (yes. really! ;))

http://investors.assetz.co.uk/aparthotel-h...a3bfb027375cb37

Hotel rooms are the new buy to let - and more profitable

Individual hotel rooms available for private or pension investment have only existed for the last few years but are proving increasingly popular with more sophisticated investors. Prices start from just £50,000 in some cases, although high-end hotels can command £350,000 or more per room/suite.

With net yields from 6% to over 10% it is easy to see how this type of investment can be very appealing as an income investment, either providing immediate income or as a deferred income generator.

[...]

Finally, CEO Stuart Law has created an online video presentation on investing in hotel rooms. Please click here to view.

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Individual hotel rooms available for private or pension investment have only existed for the last few years but are proving increasingly popular with more sophisticated investors. Prices start from just £50,000 in some cases, although high-end hotels can command £350,000 or more per room/suite.

He means retarded.

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"House prices will bounce back," says Stewie Law:

StewieGriffin2_400w.gif

That don't need to bounce back as they are still rising. Although they are at risk of falling to a modest extent if the evil Bank of England don't lower interest rates.

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Mr. Assetz is a little behind the curve.

they have doing this for awhile in America in places like Las Vegas.

you can buy a room/suite in one of the Hotel developments and then allow the hotel to let it for you and take care of all the billing maintenance etc.

If things had boomed forever it might have worked, but as you imagine, buying a hotel room, of which their is a major oversupply, right before a recession isn't the best investment you can make.

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  • 399 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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