Abandon All Fear

What nobody else seems to be saying…

Posts Tagged ‘hpc’

[Fools And Their Money] Property Investor Mentality

Posted by Lex Fear on February 4, 2009

Bet this guy feels like a right tit now.

“The place is full with slightly mad people, to say the least. Not a dangerous kind of mad, just weird kind of mad. The fact that a crash might not occur is simply beyond their comprehension. It’s pretty odd how people can be so ignorant towards possibilities. I don’t think there will be a crash per’se, but I wouldn’t laugh or disrespect anyone who thinks there is going to be one.

How magnanimous of you. Heh. Here he is whinging about one of his tennants, something he is prone to do every now and then if you read through the archives.

Which reminds me, I just refused to pay rent rise to my landlord for the second time in 6 months. Ho hum, I guess we’ll be looking at a bigger place for the same amount of money anyway come summertime. The lettings agent is practically begging now (they’ve bolloxed all the paperwork, something tells me they stand to lose a large amount of money soon).

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Posted in Dorks, Duh!, Ha-has, Opinion, Property Market, Quoteyness, Wealth Creation | Tagged: , , , , , , , , | Leave a Comment »

[Housing Market Myths] House Prices Always Rise

Posted by Lex Fear on April 9, 2007

Some months ago I posted my intentions to blog regarding the UK housing market.

I will begin with addressing some of the myths that are commonly cited with absolutely no backing, usually by vested interests (VIs) and home owners.

The First Myth: House Prices Always Rise

This is usually the first one pulled out by those VIs who want to motivate you to stretch yourself to get on the first rung of the ladder. Statistics prove the exact opposite. Certain areas will rise and fall depending on age population, land value, attractiveness of the area and changes in infrastructure just to name a few. Below is a graph of average prices in the postcode area I currently live (edited to remove address details):

Read the rest of this entry »

Posted in Absolute Power, Bank Robbers, Buyer Beware, Duh!, Financial Terrorism, Housing Market Myths, Profiteering, Property Market, Video | Tagged: , , , , , , , , , , , , , , | Leave a Comment »