UK house price crash - quiet before the fall

There is an uncomfortable quiet right now - the quiet before the fall. More at http://www.ablemesh.co.uk/thoughtsukhousepricecrash.html

Category:

News & Politics

Tags:

• UK
• house
• housing
• market
• property
• price
• crash
• boom
• bust
• repossessions
• depression
• 2007

[MisterBlakes]

Thanks, quite correct on all counts. I am a complete moron. I do in fact own half a dozen houses all with very low gearing , earn well into six figures, drive a 911 Carrera 4, wear a Rolex costing a stupid amount and wake up each morning next to a beautiful wife. I wish that I was as clever as you who at 41 sounds like you don't own a property and possibly live with your mum! Property ownership is not a licence to print money there is no such thing but in a well balanced portfolio has a place.

[gordong156]

MisterBlakes - make a video, share the dream.

[MisterBlakes]

Anyone that decides to follow this advice is a sheep and sheep get slaughtered. Property will dip for a short period but only because of fools like this. Trying to time any market is risky and selling to rent as this joker recommends is a mugs game and very high strategy. Property prices will still (no matter what happens short term)double or trebble in the next few decades, it is called supply and demand!!

[gordong156]

MisterBlakes - you misrepresent me. My advice 10 months ago was not to buy. You've not heard me advising anyone to sell to rent on my channel.

[economistery]

You are obviously a property owner yourself or more likely a buy to let investor.The fact is, anyone who has been conned into the idea that owning a property is a licence to print money are themselves the sheep in a scenario where the banks and estate agents are the shepherds. The days of rising prices are well and truly over and rightly so. P.s. How do you expect anyone of any intellegence to take you seriously when you can't even spell?

[maddohartlepool]

Yep....hard times ahead...there is a whole new generation of people yet to experience the hardship of recession; the inevitable corrective consequence of boom!

Even those of us who have been prudent & have saved whilst others have spent will lose out. Yes, cash will become king & houses will drop to half their value...but, we may find ourselves unemployed. : (

[wolftreetree]

Sad to here things are not going well in the housing sector in the UK. You have my empathy.

[FreeBrunoPowroznik]

Gordon's was one of the main 2 or 3 videos on youtube predicting the crash b4 it happened.

Now that the bull trap seems over (the slight recovery before the real crash), maybe Gordon should jump in with another video.

[callmenobod]

This video is rubbish. Take a look at my videos for the truth about the property market.

[callmenobod]

Take a look at Bruno Powroznik's videos at my youtube account. He is a genius and tells the truth about the vested interests of the STR garbage!

[Jacobrester]

This scenario is happening all over the globe

[economistery]

It's only a bit of fun misterblakes, i too own a property although i'm not as

involved in this field as you obviously are. I suppose I took slight offence at your message to gordong who I have been following with some interest for quite a while now. Gordong was out on his predictions about the crash though. I have as an economist worked out that property will drop by around 60% before it levels and wont rise until 2012. First time buyers, your time is coming, so get saving.

[MisterBlakes]

Before the English teacher logs on it is 'obscene' not obsecene and Onlt was only. Do I get a star?

[MisterBlakes]

I am touched that you are so concerned! Misterblakes is doing very well. Just about to receive an obsecene bonus so don't worry too much about me. The property portfolio is losing money daily but so what, I am not selling daily. Onlt two relevant prices on any investment - buying and selling. I bought very cheap and will probably wait another 18 months and buy more. Property is just one investment and secret is of course to diversify so thanks for the concerns but sleeping like a baby!!!

[economistery]

Hi folks, anyone remember my predictions? Wonder how misterblakes is faring!