Tuesday, December 11, 2007

But Mark Twain eventually died

Young Index of Property Investment Market Sentiment

If you take out the spin, the report is quite damning: 12 mo price outlook, London: 39% expect rise, 43% static, 19% fall (that is 62% can't find a reason to invest!!). Outside London: 3% expect rise, 33% static, 64% fall. Purchase Expectations (12 mo) London 46% do not want to buy (a large proportion of the 62% that see no price movements). Outside London 90% BTLetters do not want more properties (ahain a large proportion of the 97% that can see no price rises). I tell you again, this is a damning report for the BTL sector....UAHHAH AHHAHHAH AHHAHHA HHAHAH HAHA

Posted by confused76 @ 01:29 PM (636 views)
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3 thoughts on “But Mark Twain eventually died

  • What else would you expect from a property investment company specialising in the London market?

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  • Quote
    “With regards to the recent credit crunch, Neil Young concludes: “The world has not come to an end; mortgage funding has become more difficult to come by. The UK’s economic indicators are still positive; inflation is within 0.1% of target, unemployment is low and falling, the growth forecast for 2008 is more than 2%, productivity is up and further cuts in the base rate are forecast. Buy-to-let property is still a solid medium to long term investment class, provided that people do their research and look at the facts and fundamentals of investments, without being swayed by marketing spin or doom-mongering press reports.”

    Pfffff…. I was so depressed during the last few weeks. Thank god there are still some optimism around. I am relieved now, really!
    This website is fun to read I have to admit. The content seems so out of date. It is like reading newspapers from 6 months ago.

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  • ” 91% of investors are not influenced by media reports. ”

    Which is at odd with the fact that they’re property investors in the first place.

    There’s a phrase for this, ‘head in the sand’.

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