AllforNun Posted February 9, 2009 Share Posted February 9, 2009 When is everyone going to realise that the only thing that these bell ends on TV are not talking down is their own personal little empires of Buy to Let properties around East Dulwich and the rest of the nation. You are all paying 2006 monthly rental prices where the Landlords/ladies interest rates (and most of the Buy to Let investors are advised to go on a tracker and interest only mortages) have dropped by 4% slashing their mortgage payments. Your buying houses for these people and some !Take these middle class nimbies with you into the great depression and slash your monthly rental payments !!! Link to comment https://www.eastdulwichforum.co.uk/topic/5244-rental-revolution/ Share on other sites More sharing options...
ratty Posted February 9, 2009 Share Posted February 9, 2009 Burn your own house down if it is rented - that'll show the capitalist scum! Link to comment https://www.eastdulwichforum.co.uk/topic/5244-rental-revolution/#findComment-167240 Share on other sites More sharing options...
AllforNun Posted February 9, 2009 Author Share Posted February 9, 2009 They are insured what would that do ? lets get on TV and talk about the collapse in rental prices and watch it happen...i am getting bored of the unemployment figure game lets start.................. presenter suicide watch ! Link to comment https://www.eastdulwichforum.co.uk/topic/5244-rental-revolution/#findComment-167244 Share on other sites More sharing options...
SeanMacGabhann Posted February 9, 2009 Share Posted February 9, 2009 apart from slipping in East Dulwich into the paragraph, is this ED specific? Or different enough from the several other property threads on here? Link to comment https://www.eastdulwichforum.co.uk/topic/5244-rental-revolution/#findComment-167246 Share on other sites More sharing options...
karter Posted February 9, 2009 Share Posted February 9, 2009 Allfornun, what is wrong with you today. Why do you want to talk down the rental market? Link to comment https://www.eastdulwichforum.co.uk/topic/5244-rental-revolution/#findComment-167254 Share on other sites More sharing options...
lard Posted February 9, 2009 Share Posted February 9, 2009 I think you will find that rental prices are generally an indicator of what people can afford to pay, and also an indicator of supply and demand. ie a fairly true marketplace. The prices aren't dictated by the landlords, it is tenant salary that dictates the price.Rents will drop when take-home pay generally drops, irrespective of interest rates.This year I am sure you will find it is better to rent. In financial terms only, rent is best in a falling or flat market, and buying is best in a rising market. Link to comment https://www.eastdulwichforum.co.uk/topic/5244-rental-revolution/#findComment-167260 Share on other sites More sharing options...
red devil Posted February 9, 2009 Share Posted February 9, 2009 Driving rents down = landlord can't pay mortgage = repossession = homeless tenants Link to comment https://www.eastdulwichforum.co.uk/topic/5244-rental-revolution/#findComment-167263 Share on other sites More sharing options...
giggirl Posted February 9, 2009 Share Posted February 9, 2009 SeanMacGabhann Wrote:-------------------------------------------------------> apart from slipping in East Dulwich into the> paragraph, is this ED specific? Or different> enough from the several other property threads on> here?Sean, where were you last week when there were fifty odd different threads all about "snow"? The forum got very messy and we needed our mum to tell us to go tidy our room. Slightly off topic there but it's already in the Lounge so what you gonna do? Link to comment https://www.eastdulwichforum.co.uk/topic/5244-rental-revolution/#findComment-167326 Share on other sites More sharing options...
Keef Posted February 9, 2009 Share Posted February 9, 2009 Have to agree with GG Sean, I'd not even read her post when I had decided to liken your post to the kid in school who draws the teacher's attention to the slightly naughty kid. Wherever it belongs, it's an interesting point I'd not really thought of before AFN. That said, I'm just about to move in to a 30s 3 bed house in Sydenham for a grand a month, which seems about 500 quid less than Dulwich, so can't complain. Link to comment https://www.eastdulwichforum.co.uk/topic/5244-rental-revolution/#findComment-167400 Share on other sites More sharing options...
karter Posted February 9, 2009 Share Posted February 9, 2009 Keef, why didn't you come and speak to me? i could have found you a good deal, i did for your cousin. Link to comment https://www.eastdulwichforum.co.uk/topic/5244-rental-revolution/#findComment-167406 Share on other sites More sharing options...
Keef Posted February 9, 2009 Share Posted February 9, 2009 To be honest, I thought I'd got a pretty good deal for what we're getting. In Dulwich it seems to be 11-1200 quid a month for a 2 bed flat, this is a 3 bed house. Link to comment https://www.eastdulwichforum.co.uk/topic/5244-rental-revolution/#findComment-167413 Share on other sites More sharing options...
karter Posted February 9, 2009 Share Posted February 9, 2009 depends on the landlord, Keef. Link to comment https://www.eastdulwichforum.co.uk/topic/5244-rental-revolution/#findComment-167419 Share on other sites More sharing options...
brash Posted February 9, 2009 Share Posted February 9, 2009 red devil Wrote:-------------------------------------------------------> Driving rents down = landlord can't pay mortgage => repossession = homeless tenantsAnd that equals more properties on the market = cheaper housing = no homeless tenents Link to comment https://www.eastdulwichforum.co.uk/topic/5244-rental-revolution/#findComment-167450 Share on other sites More sharing options...
red devil Posted February 9, 2009 Share Posted February 9, 2009 more properties on the market = properties remain empty because no one can get a mortgage to buy them due to low rents i.e the sums don't add up = cardboard box Link to comment https://www.eastdulwichforum.co.uk/topic/5244-rental-revolution/#findComment-167463 Share on other sites More sharing options...
Huguenot Posted February 10, 2009 Share Posted February 10, 2009 =increased demand from the packaging industry=increase in employment=firmer credit ratings=more buy-to-let=no homeless tenants Link to comment https://www.eastdulwichforum.co.uk/topic/5244-rental-revolution/#findComment-167500 Share on other sites More sharing options...
Moos Posted February 10, 2009 Share Posted February 10, 2009 Besides which, if you are paying 2006 rental prices, then your landlord didn't increase your rent when interest rates went up in 2007 and 2008, so why should they reduce it now? Link to comment https://www.eastdulwichforum.co.uk/topic/5244-rental-revolution/#findComment-167512 Share on other sites More sharing options...
AllforNun Posted February 10, 2009 Author Share Posted February 10, 2009 Driving rents down = landlord can't pay mortgage = repossession = homeless tenantsorDriving rents down = landlord can't pay mortgage = repossession = bank puts house back on market at knock down price, landords buy them or councils and rental rates fall accordingly....or banks buy them, the one's that we own and...hey presto we re-write the rules of capitalism!!!! Link to comment https://www.eastdulwichforum.co.uk/topic/5244-rental-revolution/#findComment-167603 Share on other sites More sharing options...
Keef Posted February 10, 2009 Share Posted February 10, 2009 Well that's that sorted then :-S Link to comment https://www.eastdulwichforum.co.uk/topic/5244-rental-revolution/#findComment-167611 Share on other sites More sharing options...
karter Posted February 10, 2009 Share Posted February 10, 2009 AllforNun, you are a top business man for saying that. Link to comment https://www.eastdulwichforum.co.uk/topic/5244-rental-revolution/#findComment-167631 Share on other sites More sharing options...
woofmarkthedog Posted February 10, 2009 Share Posted February 10, 2009 ZZZZZzzzzzzzzzzzzzzzzzzzzw o o fffffffff Link to comment https://www.eastdulwichforum.co.uk/topic/5244-rental-revolution/#findComment-167673 Share on other sites More sharing options...
karter Posted February 10, 2009 Share Posted February 10, 2009 Woof, pipe it down now or we will spank you on the nose. Link to comment https://www.eastdulwichforum.co.uk/topic/5244-rental-revolution/#findComment-167716 Share on other sites More sharing options...
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