UK Landlord Forum / Life

I read this article by the telegraph: http://www.telegraph.co.uk/property/main.jhtml?xml=/property/2007/11/10/psurvive110.xml&page=1

It's titled, "Property market: 10 ways to survive a fall"

QuoteIt's official: the tables have turned and we're in a buyers market. Which is when the canny get out their calculators. Caroline McGhie guides you past the pitfalls

The outlook is pretty rough, although a crash, say the wise men of the property world, is unlikely. One thing is clear: it is a buyer's market.

Here's the titles of each point:

1: WAIT FOR ROCK-BOTTOM PRICES
2: BORROWERS BEWARE
3: PUT MONEY ON REGENERATION
4: NO TIME FOR AMATEURS
5: WATCH FOR THE £1M LONDON HOUSE SLIDE
6: BUY A FLAT WITH A DIFFERENCE
7: BE EXTRA CANNY IN THE NORTH
8: CUT OUT THE ESTATE AGENT
9: THE OVER-£5 MILLION MARKET
10: BUY IN THE COMFORT ZONE

The article kind of confuses me. I don't know if i'm being stupid or not. But it's not really about how to survive a fall, it's more like how to react if a fall occurs, right?

However, regardless of the title being misleading, it's a good article on how to react when the prices fall.

Agreed - "buy as cheap as you can" is hardly rocket science, now, is it?

But I guess that's what you get for reading the Telegraph

V