Friday, April 11, 2008
BTL action moves to the auction houses, at last!
Gary Murphy, head of auctions for Allsop, says that their sales are as busy as ever: “We have seen a shift from the amateur to professional investors. Amateurs are no longer willing to invest because many have made fundamental errors, such as buying properties that were not going to let, or at inflated prices. Professional investors can now buy at prices that are regarded as realistic.” ahhhh when auctioners start speaking on newspaper I can smell the undertakers are really around the corner... AH HHHAHAHH HAHAH. BTLers rotten in hell!