Saturday, April 28, 2007
The subprime blues (UK release)
Loan standards for buy-to-lets slide
Oops... the UK version of sub-prime is not the mid-west ethnical minorities, but a bunch of desperate, greedy BTLers... oh I forgot, they claim they have built equity, they are professional investors and are in for the long run... you wish!
One thought on “The subprime blues (UK release)”
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confused76 says:
BTLers,
Please turn and bend forward, sorry this is going to hurt… there is an avalanche of evidence that you are going to lose big time… even the FT has turned against you!
http://www.ft.com/cms/s/ed8377fe-f4f0-11db-b748-000b5df10621.html
http://www.ft.com/cms/s/f469575a-f4f0-11db-b748-000b5df10621.html
http://www.ft.com/cms/s/f7157ff6-f4f0-11db-b748-000b5df10621.html
http://www.ft.com/cms/s/45bdf232-f4ec-11db-b748-000b5df10621,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F45bdf232-f4ec-11db-b748-000b5df10621.html&_i_referer=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2Fed8377fe-f4f0-11db-b748-000b5df10621.html