New Posts For Thread: Buy to Let w@nkershttps://community.betfair.com/chit_chat/go/thread/view/94038/30333903/buy-to-let-wnkersUsed to work with loads of them, they had zero personality between them. So the scoreis I dont want to be doing what I am currently doing when I am 60, or at least not through choice, so I was thinking of becoming a BTL ****. I am currently in theso slippy.spain etc had to go through the pain to get to that affordable level....imo the uk has to do the same which it will try to avoid for the wrong reasons.which ever party alows the market to deflate to an affordable level will always be labellhttps://community.betfair.com/chit_chat/go/thread/view/94038/30333903/buy-to-let-wnkers?post_id=541105279#541105279so slippy.spain etc had to go through the pain to get to that affordable level....imo the uk has to do the same which it will try to avoid for the wrong reasons.which ever party alows the market to deflate to an affordable level will always be labellSun, 24 Aug 2014 15:05:56 -0500The only thing that can change this is if Britain, or even some other European country comes up withsome new industry to rival theimpact of the new computer industry of theUS in the 1970s This createdthousands, millions of new jobs and stoppedthe genhttps://community.betfair.com/chit_chat/go/thread/view/94038/30333903/buy-to-let-wnkers?post_id=541104685#541104685The only thing that can change this is if Britain, or even some other European country comes up withsome new industry to rival theimpact of the new computer industry of theUS in the 1970s This createdthousands, millions of new jobs and stoppedthe genSun, 24 Aug 2014 14:36:55 -0500same **** different fredhttps://community.betfair.com/chit_chat/go/thread/view/94038/30333903/buy-to-let-wnkers?post_id=541104599#541104599same **** different fredSun, 24 Aug 2014 14:32:12 -0500We are living off money and people coming in from the rest of the world, especially london.Butthis is not sustainable because we no longer produce or invent anything and everyone is gettingpoorer in real terms.https://community.betfair.com/chit_chat/go/thread/view/94038/30333903/buy-to-let-wnkers?post_id=541104415#541104415We are living off money and people coming in from the rest of the world, especially london.Butthis is not sustainable because we no longer produce or invent anything and everyone is gettingpoorer in real terms.Sun, 24 Aug 2014 14:18:49 -0500Supply and demand is not what counts, it is more important that people are secure in their jobs and a country has a growing and secure middle class. It dosn't miiatter if 1000 people want to buy a house ifthey are not in the position to do so. Now hehttps://community.betfair.com/chit_chat/go/thread/view/94038/30333903/buy-to-let-wnkers?post_id=541104347#541104347Supply and demand is not what counts, it is more important that people are secure in their jobs and a country has a growing and secure middle class. It dosn't miiatter if 1000 people want to buy a house ifthey are not in the position to do so. Now heSun, 24 Aug 2014 14:13:00 -0500That's what happened when everyone got involved in making malinvestment.....fake economy based on funny money.https://community.betfair.com/chit_chat/go/thread/view/94038/30333903/buy-to-let-wnkers?post_id=541103587#541103587That's what happened when everyone got involved in making malinvestment.....fake economy based on funny money.Sun, 24 Aug 2014 13:12:05 -0500Spanish property can't get better with so much oversupply holding back prices.People aren't buying because lenders are only granting 70% mortgages, if at all. That's because the security on the loans isn't guaranteed by rising house prices. It's morehttps://community.betfair.com/chit_chat/go/thread/view/94038/30333903/buy-to-let-wnkers?post_id=541103475#541103475Spanish property can't get better with so much oversupply holding back prices.People aren't buying because lenders are only granting 70% mortgages, if at all. That's because the security on the loans isn't guaranteed by rising house prices. It's moreSun, 24 Aug 2014 13:02:37 -0500Nothing will change. The poor will pay rent and landlords will get richer. Property prices will rise in the long run and they won't build enough houses to go round putting more upwards pressure on property and rents.It's a bad time not to own your owhttps://community.betfair.com/chit_chat/go/thread/view/94038/30333903/buy-to-let-wnkers?post_id=541103391#541103391Nothing will change. The poor will pay rent and landlords will get richer. Property prices will rise in the long run and they won't build enough houses to go round putting more upwards pressure on property and rents.It's a bad time not to own your owSun, 24 Aug 2014 12:55:33 -0500"the market is spain and ireland isnt ruined though.its at an affordable level...."Now it is in Spain, you can pick up villas and apartments for literally peanuts. Prices have less than halved from say 8 years ago when I had people literally fightinghttps://community.betfair.com/chit_chat/go/thread/view/94038/30333903/buy-to-let-wnkers?post_id=541103291#541103291"the market is spain and ireland isnt ruined though.its at an affordable level...."Now it is in Spain, you can pick up villas and apartments for literally peanuts. Prices have less than halved from say 8 years ago when I had people literally fightingSun, 24 Aug 2014 12:46:27 -0500which will also go down because there will be less money propping up the economy.....nice little vicious circle all because they let the market be a platform to mint it.it will come back to bite the uk badly...other european countries are a in a muchhttps://community.betfair.com/chit_chat/go/thread/view/94038/30333903/buy-to-let-wnkers?post_id=541103045#541103045which will also go down because there will be less money propping up the economy.....nice little vicious circle all because they let the market be a platform to mint it.it will come back to bite the uk badly...other european countries are a in a muchSun, 24 Aug 2014 12:22:57 -0500