Boomed! Property boom back on!

[sasguru]

http://www.timesonline.co.uk/tol/mon...cle4916890.ece

Fill yer boots!

[cupidstunt]

Yes just stay clear of city centre flats

http://news.bbc.co.uk/1/hi/business/7661303.stm

[dang65]

Has anyone got any phone numbers for these investors. I need to sell my house, PDQ.

[AlfredJPruffock]

I have some sought after Grey Slates for sale .

[Mailman_1]

In London the auction rooms are buzzing the last few months. I have been attending over the last 8 months and witnessed this. Cash rich investors are snapping up property at cheap money and taking advantage of high rental yields (upto and over 10%). These are long term investments and a lot safer than any bank at the moment. The property may or may not fall in value further, but in 5 or 10 yrs, they are guaranteed to be in the black.

Boomed!!!!

[Bagpuss]

Let's get this right..


The Banks are going bust or are in dire straights because they lent unsustainable amounts of debt to bad risks who invested in a housing bubble both here and in the US (mainly US)

The markets are falling because of that debacle

Joe pulblic is now looking to re-invest in that (still) over inflatated property bubble

[Cyberman]

In London the auction rooms are buzzing the last few months. I have been attending over the last 8 months and witnessed this. Cash rich investors are snapping up property at cheap money and taking advantage of high rental yields (upto and over 10%). These are long term investments and a lot safer than any bank at the moment. The property may or may not fall in value further, but in 5 or 10 yrs, they are guaranteed to be in the black.

Boomed!!!!

Hehe.... I suggested this may happen on another thread today. That was very quick confirmation that I am correct and Sascretin is wriong...... SMUG

[zara_backdog]

May sound cruel but I will be looking out for a nice little repossession – as these are on the increase – rent this out. Looking at the lower end of the market as there seems to be a lack of homes in the £500 - £600pm bracket.

Not looking for a quick buck – more long term pension investment

As previously said – avoid city centre flats – these were grossly overvalued anway

[Bob Dalek]

Hehe.... I suggested this may happen on another thread today. That was very quick confirmation that I am correct and Sascretin is wriong...... SMUG

SAS has been shown to be a classic example of a know-all who knows f--k all.

[Mailman_1]

Let's get this right..


The Banks are going bust or are in dire straights because they lent unsustainable amounts of debt to bad risks who invested in a housing bubble both here and in the US (mainly US)

The markets are falling because of that debacle

Joe pulblic is now looking to re-invest in that (still) over inflatated property bubble

Not Joe Public but investors and developers mainly and anyone with the full amount in cash or a big deposit so a mortgage can be processed in the 28 day window allowed for completion.