Buy to Let situation is sad

**BrilloPad** · 6 April 2016, 19:29

Whats the problem? You pay a bit extra tax. So what?

Property prices can only go up so who cares?

**KentDogWalker** · 6 April 2016, 19:55

Of course the prices go up, except if the world economy could crash again.

**northernladuk** · 6 April 2016, 19:57

But they could go down at an inconvenient moment.

**SlipTheJab** · 7 April 2016, 06:59

It's a hard life being a contractor on 500 notes a day, my gold lined suit is a bit loose and my diamond studded shoes are too tight! seriously there are families out there who can't feed their kids

**BrilloPad** · 7 April 2016, 08:36

Originally posted by northernladuk View Post

But they could go down at an inconvenient moment.

They did in 2008. For a brief moment. Then the relentless rise continues.

The government is in a huge hole.

**unixman** · 7 April 2016, 09:33

Property will always be fine as long as you keep it for long enough - at least 5 to 10 years, say.

I am one of the fools who has been saving for his whole life. Wish I had gone into BTL insted. Not for a quick profit, just long term security.

At the moment, my savings allow me to be on the bench without drawing benefits I am entitled to, doing the gov a favour. Ok ok I still thing saving is good, but strewth.

**foobar** · 7 April 2016, 10:19

Originally posted by unixman View Post

Property will always be fine as long as you keep it for long enough - at least 5 to 10 years, say.

I am one of the fools who has been saving for his whole life. Wish I had gone into BTL insted. Not for a quick profit, just long term security.

At the moment, my savings allow me to be on the bench without drawing benefits I am entitled to, doing the gov a favour. Ok ok I still thing saving is good, but strewth.

The average Japanese who bought at the peak of the market in 1990 still has a house worth less than what they paid for it.

**Boo** · 7 April 2016, 10:31

Originally posted by foobar View Post

The average Japanese who bought at the peak of the market in 1990 still has a house worth less than what they paid for it.

What is the average rental income on a Japanese house ?

Boo

**northernladuk** · 7 April 2016, 10:34

Originally posted by Boo View Post

What is the average rental income on a Japanese house ?

Boo

Have you tried searching

As you are so interested I did it for you... Enjoy...

Buy to Let situation is sad