Buy to Let with Uncertain Future

Golden Gun

If your house is not selling it could be because there isn't anyone who wants to buy it because there isnt enough people to want to buy all the houses.

You can make a big loss if you are determined to sell if you don't need to. I have know flats go for twice the price a couple of years later in a rising market compared to what people had to accept when they had to sell.

Peter Saxton from London snipped-for-privacy@petersaxton.co.uk

If you keep on posting things like this, you might actually end up teaching people a thing or two.

If only certain people would learn how wonderful Coventry is.

I shall not priviledge that with an answer.

The land registry are in an ivory-tower of abstraction and so-called 'averages'..... as most at the sharp end who have been trying to sell - as distinct from the nerds who are wallowing in their 'valuation' - will attest.

Down and going lower.

What? Like the obvious things that you havent yet learnt Golden Gun?

Peter Saxton from London snipped-for-privacy@petersaxton.co.uk

Golden Gun. How about not privileging us with ANY postings?

Peter Saxton from London snipped-for-privacy@petersaxton.co.uk

"Ronald Raygun" wrote

Yes - if you lose money which you *had*, then you've lost it. Boo hoo!! But - if you lose money which you *don't* have, then - simply file for bankruptcy and, "hey presto!" - you don't owe it any more!!!

Sounds like it could be better to *borrow* ??

Glad to see you have day-to-day experience of buying and selling in London that puts such figures in perspective. I bow to your superior knowledge.

But are more accurate.

Grammar never was my strong point.

Tim

suggested that a given

I wouldn't argue with the experience conveyed by my local estate agents or the head man at Winkworths come to that (70 branches) - on news-24 last friday he told us prices are 10% down in the south this year. Locally here it's far worse. You need to understand that all 'perspectives' are informed by a 'pick and mix' approach to a deluge of vastly differing reports - reports incidentally to which we ALL have access, and those who have an agenda, as I suspect do you, will pick whatever bears out their particular prejudice. By all means ignore or deny those who say they can't sell their houses (at the price they want!) but don't expect to be taken seriously if you do.

(I see a rise in inflation has caught the BoE by surprise today - what fun we'll have with interest rates)

But if this is how you normally greet your betters, when would you ever enjoy the opportunity to straighten your back?

As the dying pilot mused "that altimeter was more accurate than most - pity its readings were subect to a 10 second lag"

the head man at

prices are 10%

mix' approach

whatever bears out

seriously if you do.

we'll have with

This man is talking *The Biz*.

Correct me if I am wrong ginger, but is not the proof of the pudding of what you are saying demonstrated for example in such things as the "halifax price index"?

On the surface it looks interesting, but surely their houses are made up of a "certain type of house", and it does not take into effect what could in fact be a complex housing market made up of many micro economies?

Another perfect illustration is the election system.....we can theoretically ellect a party who has one less overall votes than rival parties.

I think this subject and htis particular topic is far deeper than people imagine, at the essence of what Ginger is talking about is how people can manipulate apparant facts, scientific facts even, to suit their agenda......

If you ever see conspiracy theoriest, sometimes they manage to produce the most amazing amount of data, evidence etc. to support their claims?

pity its readings

Good point...goodpoint.

In article , ginger writes

Nor me, when I have to rely on them to do my job.

As you say, Simon was talking about the South. If asked, he would happily tell you about the areas in London where Winkworth branches are recording increases.

And locally here, it is not far worse.

My perspectives come from 30 years of experience and everyday contact with the industry. I also read all those reports, whereas I suspect most people rely on media snippets.

Why do you presume I have an agenda just because I disagree with you?

I don't ignore them. I try to point out the flaws in sweeping generalisations. And I'm taken seriously enough to make a living.

we'll have with

Irony is such a difficult concept.

The LR completion figures don't pretend to predict what's happening now. Anyone who uses them for this is stupid.

Daytona

It's not grammar which makes that look like you mean what I said it suggests.

If you don't mind losing your honour forever and your creditworthiness for a very long time, fair enough.