So, the BTL is going to be hit, plus now imminent interest rate increases to follow, so more houses on the market sold by desperate BTLers like MF, innit?
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Imminent house price crash
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Originally posted by NaysayersLandlords will just put up rents
Are landlords being collectively generous by charging below market rates today ????
EDIT: I did have to chuckle at DP starting the official budget thread predicting tax breaks for BTL -
Maybe not imminent; but with the Shanghi index tanking, combined with a Grexit, the global picture has some concerns. All of which could result in general fiscal tightening by banks. Restricting demand still further.
We all know its a bubble. And the trigger is at stage 1.Comment
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Oh God, things must be turning apocalyptic if AtW is back to gloat over an imminent house price crash!Work in the public sector? Read the IR35 FAQ hereComment
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Originally posted by OwlHoot View PostOh God, things must be turning apocalyptic if AtW is back to gloat over an imminent house price crash!
Nearly 20 years of renting...Comment
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I thought you were going to tell us you had bought a place, AtW. If you have then the crash is definitely onComment
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Don't forget that high end London prices are going to fall anyway as the non-doms exit for pastures newComment
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Originally posted by FarmerPalmer View PostDon't forget that high end London prices are going to fall anyway as the non-doms exit for pastures new
(although arguably they'd be better waiting for the bottom if that is discernable and piling into stocks again.)Work in the public sector? Read the IR35 FAQ hereComment
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Originally posted by administrator View PostI thought you were going to tell us you had bought a place, AtW. If you have then the crash is definitely on
Crash predicted since 2000. Low interest rates, increasing availability of credit, immigration and London property being the world default currency (did you really think it was the $?) will keep the Ponzi scheme going. Crash will come - but it will be at least 2020.Comment
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Originally posted by BrilloPad View PostThat was my first thought.
Crash predicted since 2000. Low interest rates, increasing availability of credit, immigration and London property being the world default currency (did you really think it was the $?) will keep the Ponzi scheme going. Crash will come - but it will be at least 2020.Comment
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