tag:blogger.com,1999:blog-2948538160252327076.post1557077100674923379..comments2023-11-02T15:48:50.381+00:00Comments on UK Bubble UK Economy: Alice's bubble wrapAlice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2948538160252327076.post-1459372340561077522009-03-08T20:13:00.000+00:002009-03-08T20:13:00.000+00:00Those people trying to talk the housing market don...Those people trying to talk the housing market don't seem to realise the money to support house price rises isn't there anymore and won't be there again for a very long time. The reason is that money is leaving the UK at a fast rate:<BR/><BR/>http://www.belfasttelegraph.co.uk/business/business-news/foreign-investors-pull-1-trillion-out-of-the-city-14217287.html<BR/><BR/>I think those people who are made bankrupt due to this crisis might not get back on the ladder for a very long time. Those who saved for the last 10 years will be big beneficiaries.mikehttps://www.blogger.com/profile/05772374031938763566noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-44261856935784167182009-03-08T14:33:00.000+00:002009-03-08T14:33:00.000+00:00Of property rampers.Now IS a good time to first-ti...Of property rampers.<BR/><BR/>Now IS a good time to first-time buy if the following are adhered to:<BR/><BR/>- buy at discount at auction (usual precautions of course)<BR/><BR/>- buy a house you are happy to make a home<BR/><BR/>- buy only if reasonably sure of your financial security and borrow within reasonable lending multiples<BR/><BR/>- buy long term without concern to further falls in the market (if you can't take the hit don't do it)<BR/><BR/>These caveats are hardly likely to presage another boom though. That all depends on the City bouncing back...<BR/><BR/>... in fact - feckit ! Scrub the idea. Emigrate instead.Electro-Kevinhttps://www.blogger.com/profile/18073103431166273080noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-18812167317819445512009-03-08T12:38:00.000+00:002009-03-08T12:38:00.000+00:00Forty years ago we went to the letting agent when ...Forty years ago we went to the letting agent when we realised that the landlord had rewired so that we were paying for her elctricity. The agent sorted it: he made her pay the electricity bill for the whole year, so we'd had our year's worth free. Mind you, that was in a city of Presbyterian rectitude.Anonymousnoreply@blogger.com