UK Landlord Forum / Life

So, I was doing my rounds earlier this morning and looking through today's property news. I read an article on Why is everyone worried about house prices?. It's an ok read if you have 10mins to spare. Anyways, as you all may know by now I get my kicks from reading the responses.

I found the first comment pretty amusing:

QuoteI have been looking forward to a property crash for some years; investors in buy-to-lets particularly anger me, for they trade on one of peoples' most basic needs, impoverishing and making serfs of an entire generation of young people. Let the residential property market crash and burn! I shall take pleasure in witnessing retribution visited on a generation so greedy it has perverted our entire culture with its fast-buck consumerist creed.

Thoughts?

Sounds like a bitter individual to me. I can't really relate or comprehend his argument for disliking buy-to-let investor, "they trade on one of peoples' most basic needs". I guess all clothing and food retailers do the same.

I guess he doesn't realise that if landlords didn't buy properties for letting purposes, there would be a large influx of empty properties and more people claiming council houses (because they can't afford a house- and they'll be a shortage of properties for let). Let's be real, even if house prices drop by 30% because people don't buy houses, there will still be masses of people that won't be able to afford to buy.

In fact, now I think about it, this guy should be on his fucking knees thanking us buy-to-let investors.

Psh.

In fact, I'm going to write an article on this.

Don't even try and stop me, m00!

Why would I stop you?

Go go go!

Off couse, the 3% stump duty is Chinese Wall for the first time byers (with 5% deposit they need to have 70k  incom, at least + up to 7% morg. repayments and b..b..b..).... BTW, The Black Market allready has this problem solutoin - the "new" incom reports to get a morg. for FTB (some close to u morg. advisers can give u a cue)...
So, in despite of FTB problems the property market is balancing now and 'adjusting to the new actualities of life' and it will be up!!!!.... I think, time to start a burgant hunt (if u are not a FTB!!!) and telling a nightmare story about House Price Droping to the potential salers...

dear, Faggie - do not stop!!!

Quote from: m00 on April 21, 2008, 05:25:00 PM
Why would I stop you?

Go go go!

Oh, but why wouldn't you?

Quote from: propertyfag on April 21, 2008, 04:48:07 PMI guess he doesn't realise that ...

There's a lot of people that don't realise a lot of things. For people who have no idea how to make money or refuse to accept that they are responsible for their own "disempowered" situation ('I don't have time', 'I don't have money' ... blah blah) it must be a very frustrating world. People like that always perceive those who succeed or have more than them as having had an advantage, because that way they don't need to ask themselves why they haven't achieved it too.

Its more of a reflection on him than on you, Pfag. Life will deal him his retribution ... maybe it already has, he must be bitter about something ... or maybe a lifetime of bitterness alone will serve as his medicine. I've never been able to fathom small minded people but I consider that a good thing.


V

Quote from: propertyfag on April 21, 2008, 08:08:26 PM

Quote from: m00 on April 21, 2008, 05:25:00 PM
Why would I stop you?

Go go go!

Oh, but why wouldn't you?

I'm a lazy bum, bossy but lazy...