Originally posted by DieScum
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Reply to: BTL vs Shares ?
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Previously on "BTL vs Shares ?"
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Yeah but you do any gearing in ISAs? Otherwise you are limited to 7k which is fair enough if you want to steadily save a bit but hardly the path to retirement at 30.
The huge benefit of property is ease of borrowing and gearing.
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Originally posted by SockpuppetYour all forgetting one point.
When have some shares ever kicked crap outta your internal doors and run off with a huge leccy bill unpaid.
ISA's for me thanks.
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Originally posted by BlasterBatesOne thing to bear in mind is that baby boomers begin to retire in 2015. That is when a lot of investment property will be liquidated fo pensions.
I think the baby boom factor will affect the stock market more than property, as foretold in Rich Dad's Prophecy.
I'd vote for a mix of commodities, cautious funds and NS&I RPI-linked bonds for the next few years, then some back into BTL deposits once property is better value again.
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Originally posted by SockpuppetYour all forgetting one point.
When have some shares ever kicked crap outta your internal doors and run off with a huge leccy bill unpaid.
Why go to the hassle of having tenants when you can just sit back and count the capital growth?
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Originally posted by SockpuppetYour all forgetting one point.
When have some shares ever kicked crap outta your internal doors and run off with a huge leccy bill unpaid.
The police suspected that a house was being used for drugs. So they arrived mob-handed, bashed in the doors, and trashed the place, ripping out cupboards etc.
Who was responsible for fixing the damage?
Not the police. They were just doing their job, and the Crown can not be held liable.
Not the tenant. They found no drugs, he didn't have any convictions, and as he said the door was open anyway.
Not the insurance company. This wasn't criminal damage, the damage was quite legal.
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Your all forgetting one point.
When have some shares ever kicked crap outta your internal doors and run off with a huge leccy bill unpaid.
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Originally posted by BlasterBatesYou need to look at what you get from a BTL over 25 years. With the exception of the last few years, house prices rise at the same rate as wages. If there's a big demand obviously they'll go up, which is what happened over the last few years, but there is a ceiling what percentage of average eranings can go into a mortgage. I think it is now pretty clear that everyone is at the limit of what they can afford, so they won't rise more than earnings from here on in, and they may even correct to historical levels with respect to average earnings at some point. One thing to bear in mind is that baby boomers begin to retire in 2015. That is when a lot of investment property will be liquidated fo pensions.
The houses will be bought by tradesmen and care workers, who will be in demand.
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You need to look at what you get from a BTL over 25 years. With the exception of the last few years, house prices rise at the same rate as wages. If there's a big demand obviously they'll go up, which is what happened over the last few years, but there is a ceiling what percentage of average eranings can go into a mortgage. I think it is now pretty clear that everyone is at the limit of what they can afford, so they won't rise more than earnings from here on in, and they may even correct to historical levels with respect to average earnings at some point. One thing to bear in mind is that baby boomers begin to retire in 2015. That is when a lot of investment property will be liquidated fo pensions.
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Originally posted by pickle
So why not geta a guaranteed return on your money now, and buy a flat in 6 years time when house prices bottom out?
Then of course it could go back by -10% !
It still feels slightly bonkers to be considering BTL though after all the negative publicity recently
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a few months old but still informative:
http://news.independent.co.uk/busine...cle2160042.ece
In that case the inflation % i should be looking at is RPIX.
Although wife wants a bigger house. OUCH.
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Originally posted by DimPrawnCPI is the figure that removes all the useful stuff like fuel, mortgage, food, clothing, etc and only leaves in the cost of a Playstation and flat panel TV.
CPI is the fudge factor figure that bears no relation to inflation as you and I see it.
HTH
So what's the point of CPI then?
Just another stat that is lower so it looks better then it actually is?
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Originally posted by DimPrawnCPI is the figure that removes all the useful stuff like fuel, mortgage, food, clothing, etc and only leaves in the cost of a Playstation and flat panel TV.
CPI is the fudge factor figure that bears no relation to inflation as you and I see it.
HTH
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Originally posted by TheRightStuffI was thinking of CPI 2.5%. Yes I do know if you get less then inflation it's worth is going down.
CPI is the figure that removes all the useful stuff like fuel, mortgage, food, clothing, etc and only leaves in the cost of a Playstation and flat panel TV.
CPI is the fudge factor figure that bears no relation to inflation as you and I see it.
HTH
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Originally posted by TheRightStuffI was thinking of CPI 2.5%. Yes I do know if you get less then inflation it's worth is going down.
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