Daily Mail top story......

[DimPrawn]

How to build a buy-to-let empire: Thousands are doing it to prop up their pension, so should YOU be joining them? | Mail Online

Who said all this funny money wouldn't find it's way into the "real" world.

Boomed!

Fill yer boots!

[alreadypacked]

How to build a buy-to-let empire: Thousands are doing it to prop up their pension, so should YOU be joining them? | Mail Online

Who said all this funny money wouldn't find it's way into the "real" world.

Boomed!

Fill yer boots!

It was buy-to-let the fueled the property boom in Ireland, we all know how that turned out.

It worked out well for me, I payed 30% of the boom price for a house, but still getting boom rent.
Down side I had to wait 7 years for the bust.

London is already over-priced, too late to get in. Wait for the bust, but it might be a long wait.

[Mich the Tester]

It was buy-to-let the fueled the property boom in Ireland, we all know how that turned out.

It worked out well for me, I payed 30% of the boom price for a house, but still getting boom rent.
Down side I had to wait 7 years for the bust.

London is already over-priced, too late to get in. Wait for the bust, but it might be a long wait.

Don't be silly, there's no catch to this. Property prices will rise indefinitely and credit will always be cheap, so everybody will get rich. Stop being a spoilsport.

[vetran]

How to build a buy-to-let empire: Thousands are doing it to prop up their pension, so should YOU be joining them? | Mail Online

Who said all this funny money wouldn't find it's way into the "real" world.

Boomed!

Fill yer boots!

Stone him....

[Mich the Tester]

Stone him....

Not before he's had a chance to default on his mortgage and we've cashed in on the default swap.

[sasguru]

London is already over-priced, too late to get in. Wait for the bust, but it might be a long wait.

I disagree. Prime London will keep going up until there's a house-building program. Simply supply and demand.

[alreadypacked]

I disagree. Prime London will keep going up until there's a house-building program. Simply supply and demand.

I expect the £ to fall, jobs in London will not pay enough when the £ falls. Less demand.
When the £ falls they will increase interest rates to stop the fall, more defaults.
More unemployment, lower rents.

It will not be pretty.

[sasguru]

I expect the £ to fall, jobs in London will not pay enough when the £ falls. Less demand.
When the £ falls they will increase interest rates to stop the fall, more defaults.
More unemployment, lower rents.

It will not be pretty.

The pound has been falling for the last few years (deliberate policy) and prices have been rising.
How does a low pound affect assets priced in pounds? Read a book on basic economics.
If interest rates rise, that may well be a tipping factor but it won't be because of the deliberate policy of lowering the value of the £.

[alreadypacked]

The pound has been falling for the last few years (deliberate policy) and prices have been rising.
How does a low pound affect assets priced in pounds? Read a book on basic economics.
If interest rates rise, that may well be a tipping factor but it won't be because of the deliberate policy of lowering the value of the £.

Lots of property in London owned by foreigner, low £ = decrease in their investment. The may sell rather the risking further devaluation.

BOE is printing £ there may be a tipping point where the "deliberate policy of lowering the value of the £" becomes a slide.

[d000hg]

I disagree. Prime London will keep going up until there's a house-building program. Simply supply and demand.

Probably true. More rich idiots than houses to put them in