Monday, Sep 28, 2009

Comedy Club chief latest

Moneyfacts: Surge in interest from first time investors

Property investment advisors Assetz has reported an increase in the number of first time investors venturing back into the market. Following reports last December that seasoned investors were returning to the market, Assetz has seen an increase in the number of new investors entering the fray over the second and third quarter of 2009. The sudden surge has meant substantial decreases in discounts at property auctions. Stuart Law, Chief Executive of Asset, commented: "At the end of 2008, large-scale, professional, cash-rich investors recognised that distressed property prices had reached their lowest point. However, the majority of consumers were more cautious about the direction of the market."

Posted by jack c @ 09:56 AM (933 views)
Add Comment
Report Article

6 Comments

1. tyrellcorporation said...

"At the end of 2008, large-scale, professional, cash-rich investors recognised that distressed property prices had reached their lowest point.'

Oh yes, and how did they work that out? Crystal ball I suspect.

Monday, September 28, 2009 10:08AM Report Comment
 

2. mystie010 said...

Can't wait till these 'large-scale, professional, cash-rich investors' get their fingers burned as they are nothing more than parasites who want to get rich by doing nothing other than working off the backs of hard working people. In my book the career labels amateur landlord and amateur property developer equates to professional numpty! I hate em!

Monday, September 28, 2009 10:12AM Report Comment
 

3. mark wadsworth said...

Meanwhile, in a parallel universe, other "large-scale professional investors" like Mr & Mrs King are bailing out.

Monday, September 28, 2009 10:19AM Report Comment
 

4. mystie010 said...

to mark I agree - Yup numpties in! - professionals out! Sounds about right to me :-)

Monday, September 28, 2009 10:24AM Report Comment
 

5. will said...

Super rich = Super foolish

Monday, September 28, 2009 11:08AM Report Comment
 

6. new user 2007 said...

I suspect he will forget to use the auction discount as an excuse when the reverse happens.

Monday, September 28, 2009 04:13PM Report Comment
 

Add comment

  • If you do not have an admin password leave the password field blank.
  • If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines
Username  
Admin Password
Email Address
Comments

Main Blog | Archive | Add Article | Blog Policies