Supply and demand … Supply and demand shortages are exposed as an myth.
The market was extremely overvalued and economic principles suggest it is highly unsustainable. We are going to have 50% falls from the peak back to 3.5 times salary and these falls will last years.
Buy to let is the most exposed part of the market and suffering horrendous repossessions.
I’d like to see an investor buy a property today at BMV and get enough rental cover with the ever increasing mortgage charges.
Hi, i had to make a … Hi, i had to make a comment to this video as i cannot disagree more with your view on the housing market. The rental market is a great place for renters at the moment due to the fact that people who cannot sell their houses are having to rent them out and that has brought a glut of properties onto the market, so rent is actually coming down. Secondly this market is going to continue to decline for quite a few years to come and it will decline by 40 to 50%, mark my words.
Just some info on the UK real estate market. Its not a resession its a credit crunch!!
December 18th, 2009 at 7:32 pm
Im a BTL investor I …
Im a BTL investor I havent bought any houses in three Years
But 2009 will be the time to buy
Yeild Yeild Yeild
December 18th, 2009 at 7:32 pm
a times reader left …
a times reader left a comment on the timesonline website along the lines of
“the more estate agents i see begging, the larger i’ll laugh”
i found this extremely fuunny!
December 18th, 2009 at 7:32 pm
Supply and demand …
Supply and demand shortages are exposed as an myth.
The market was extremely overvalued and economic principles suggest it is highly unsustainable. We are going to have 50% falls from the peak back to 3.5 times salary and these falls will last years.
Buy to let is the most exposed part of the market and suffering horrendous repossessions.
I’d like to see an investor buy a property today at BMV and get enough rental cover with the ever increasing mortgage charges.
December 18th, 2009 at 7:32 pm
Hi, i had to make a …
Hi, i had to make a comment to this video as i cannot disagree more with your view on the housing market. The rental market is a great place for renters at the moment due to the fact that people who cannot sell their houses are having to rent them out and that has brought a glut of properties onto the market, so rent is actually coming down. Secondly this market is going to continue to decline for quite a few years to come and it will decline by 40 to 50%, mark my words.