Two types of people talk about a property crash

There are only 2 types of people who talk about property crashes:

A. People who have said they are going to crash, these are:

1.  Journalists who have stated back in 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007 they will crash in order to save face.
2.  Academics who have done their analysis of the market analysing PAST data to forecast the future which they believe looks like the past.

B. People who want the property market to crash, these are:

1.  Homeowners who have sold their properties in either 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007 anticipating the crash and are now wishing for the crash to happen to get back on the property ladder.

Do we really care if property prices crash?  Well yes.  If prices fall, yields rise and then the whole of the UK becomes a hunting ground for properties that give you financial freedom for life i.e. give you a monthly income that's inflation proof for life.

Unfortunately there is no crash on the horizon so the UK is not in abundance of high yielding, cashflow positive properties but they are still out there.  You just need to persevere!

If you need help you know where to come.

Ajay

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Posted on: 26th Feb 2008






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