Friday, Oct 18, 2019

Is there no money left in housing?

BBC: Kevin McCloud property firms face liquidation

I reported this almost three months ago See https://www.housepricecrash.co.uk/newsblog/2019/08/blog-investment-losses-up-to-97-217356.php
Promised 8% annual return ON capital. Forget that, now in worse case the article says you may get only 3% OF your capital back.
Problems when you have too much of something, you don't spend it wisely. When there is too much UNEARNED money given to people to speculate, What do you think is going to happen?

Posted by deepak @ 09:12 AM (581 views)
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