Originally posted by jamesbrown
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Getting rich sitting at home
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Originally posted by BlasterBates View PostAverage salaries down 20% "best scenario", unlikely
The idea that the housing market will weather this unscathed seems a little "unhinged" to me. Unless you're heavily invested in BTL, of course, then it's probably just "putting a positive spin on it"Comment
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Originally posted by jamesbrown View PostAround 20% of the workforce is furloughed. Massive redundancies are already happening. House prices are determined at the margins.
The idea that the housing market will weather this unscathed seems a little "unhinged" to me. Unless you're heavily invested in BTL, of course, then it's probably just "putting a positive spin on it"
I'm alright JackComment
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Originally posted by BlasterBates View PostUnscathed no, crash also not, predictions currently 3-10% down. I gave up my BTL years ago.
"I predict that all asset classes are going to sink except the one that keeps me in work, which will go to the moon".
Estate agents are funny.Comment
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Originally posted by jamesbrown View PostPredictions
"I predict that all asset classes are going to sink except the one that keeps me in work, which will go to the moon".
Estate agents are funny.I'm alright JackComment
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Originally posted by BlasterBates View PostWell they were pretty much spot on in 2009Comment
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Sadly Pater who has retired to the Algarve has two properties extant in the UK which I'm supposed to sell.
I doubt my inheritance will be worth much for a while.Hard Brexit now!
#prayfornodealComment
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Originally posted by jamesbrown View PostThese measures are going to be worthless for the foreseeable future. They're either pre-CV (80% in this case) or post-CV on close to zero transactions.
You don't have an economic crash without a housing crash, esp. in the UK.
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