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When do you start losing from the falling house prices ?

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    When do you start losing from the falling house prices ?

    It is when the interest rate on your mortgage is more than the percentage by whitch house prices increase. Any other factors ?

    In case of BTL the increase of house prices is combined with the rent you receive.

    #2
    With property you never lose.

    HTH

    Comment


      #3
      Originally posted by DimPrawn View Post
      With property you never lose.

      HTH
      WHS

      Gold dust.
      Rule #76: No excuses. Play like a champion.

      Comment


        #4
        you lose the day you have to sell at a loss.....

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          #5
          When I can't afford to live in my house. After all, I don't treat it as an investment but as my home...
          Older and ...well, just older!!

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            #6
            The only people that are "losing" from property are those that thought the houses were "making" then £150 a day in the past.

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              #7
              Watching some German news programme last night, the US is a real mess.

              Apparently overstretched Mortgagees, payed off the mortgage by releasing equity from house price increases, then start applying for credit cards. In the US the average number of credit cards is 5; now they're all maxed out, the whole thing is imploding. The next crisis is in credit cards.
              I'm alright Jack

              Comment


                #8
                Originally posted by BlasterBates View Post
                Watching CNN last night, the US is a real mess.

                Apparently overstretched Mortgagees, payed off the mortgage by releasing equity from house price increases, then start applying for credit cards. In the US the average number of credit cards is 5; now they're all maxed out, the whole thing is imploding. The next crisis is in credit cards.
                In the UK, mortgage approvals are heading to zero, but "unsecured" credit (loans and credit cards) is going through the roof.

                Robbing Peter to pay Paul.

                D O O M E D !

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                  #9
                  Originally posted by DimPrawn View Post
                  With property you never lose.

                  HTH
                  over what timeframe?

                  Comment


                    #10
                    Originally posted by BrilloPad View Post
                    over what timeframe?
                    Infinity.
                    Rule #76: No excuses. Play like a champion.

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