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Nabby Siril
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But wait, I thought with S24 etc. rents were going to be whacked up!!! Supply and demand innit??? Shortage of rental properties etc.!!! So rents went down as a percentage of household income too??? Interesting.
From:
Nabby Siril
17 September 2018 13:11 PM
Gordon "no-more-boom-and-bust, prices only go up" Brown, Not sure why it is relevant that they are daughters, but landlords fleeing the market is at worst neutral news for your adult children that are currently living with you. There is also no doubt that this is suppressing prices (Nationwide -0.5% today, also look at what the annual number has done in the last number of months.) All good news for your daughters. You should be very pleased with what is going on. You can say I am wrong all you like. Good luck with that. You are just not noticing the temperature of the water rising by one degree at a time on amateur landlords. You are clearly out of touch, Gordon Brown. You clearly are not paying attention to the change in the political winds. Oh yes, but politics has no effect does it. OK. Well, we will leave it here as I doubt anyone else is reading this old article comments section and we are clearly never going to agree on anything. If you think you have rebutted my points, good for you. Cheerio.
From:
Nabby Siril
31 August 2018 14:18 PM
Gordon Clown: "People with good jobs will still buy as there is apparently a shortage. I have 3 grown up children who have/will all want to buy a house. There are plenty of buyers out there." ---------------------- Your children who have already bought are irrelevent. Paul Singleton's question was where will the tenants go. Your children who have already bought are not tenants so they will be just fine. Regarding your grown up children that will want to buy in the future, they must be tenants currently. (I assume your grown up children do not live with you.) So, by your own admission, your tenant children are waiting in the wings to buy from the landlords fleeing the market. Exactly my point. To answer Paul Singleton's question yet again for you, where are we going to put your tenant children when landlords sell up? IN THE HOUSES THAT LANDLORDS SELL!!!! YOU JUST CONFIRMED IT!!!! Paul Singleton's propaganda is defeated. Excellent news for your tenant children that landlords are fleeing. You should be pleased. Again, sorry if it is confusing for you. You are clearly not very good at this. I am starting to think you might be the actual Gordon Brown. The water just got heated up one more degree on you. Cheerio.
From:
Nabby Siril
30 August 2018 18:00 PM
Crash Gordon, So you are saying landlords will keep their properties? Well that answers Paul Singleton's question of "Where are you going to put everyone then?" doesn't it? Landlords are not going to sell, rental properties are going to continue to be available, and landlords are going to continue to be dictated to, even though, according to Paul, they have "had enough" of it. And if this is not political I take it the industry will be ceasing all lobbying efforts? And when "the market" at 10 Downing Street brings in further measures in the future, there will be no complaining from the industry about this "market" action. Sounds like everyone is satisfied. Cheerio.
From:
Nabby Siril
30 August 2018 15:00 PM
Just to clarify for you, Gordon Clown, since you are definitely confused, either landlords will have to lower their asking price to the point that tenants can buy, or landlords will have to keep the properties and absolutely will have to continue to be dictated to whether Paul Singleton feels they have had enough of being dictated to or not. It is simple. Landlords are fed up being dictated to apparently. Well, either they will have to take what is coming, or they will have to lower their asking prices enough such that they can actually be rid of the property. Either way, the property will still exist, unless the landlord chooses to demolish the property (their capital). Keep deluding yourself with Gordon Brown level economic thinking though if it comforts you. Cheerio.
From:
Nabby Siril
30 August 2018 14:30 PM
A poor man's online agency. Looks like Knight Frank sees the writing on the wall. Bye bye high street.
From:
Nabby Siril
30 August 2018 12:20 PM
Battered Landlord said: "but it will take a heck of a correction in house prices to make a fundamental difference to how many buyers/tenants get on the ladder" --------------------------- Battered landlord, you are talking nonsense. You have a choice, lower the price enough such that existing tenants will buy, or keep your properties and take what is coming. What is it going to be? If a 10% drop in prices is not enough, you will have to lower prices more. Or be stuck with the properties. Cheerio.
From:
Nabby Siril
30 August 2018 12:16 PM
"Where are you going to put everyone then?" In the properties that landlords sell. Sorry if it is confusing for you.
From:
Nabby Siril
30 August 2018 12:14 PM
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Nabby's Recent Activity
From: Nabby Siril
17 September 2018 13:11 PM
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31 August 2018 14:18 PM
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30 August 2018 15:00 PM
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30 August 2018 14:30 PM
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30 August 2018 12:20 PM
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