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quote: Originally posted by castafiore:
To be fair to Beeney, she often seemed to end Property Ladder by saying to the muppets, "You've been saved by a rising market. This house would have gone up 10% if you hadn't done a thing to it."
She did - I don't blame the Beeny personally. Just the general impression given by her show and the other property shows. The main source of the blame is elsewhere, as you say. |
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quote: Posted 19-07-08 10:27 Hide Post
quote:
Originally posted by bertie_boo:
quote:
La Beeny has said on a few occasions that even more profit could have been had from a property if the 'developers' had sat on it and did nothing (or just stripped the crap out of it) for 3 months.
There was a lass on Homes Under The Hammer who did that....admitidly she was a 'professional' but she bought this cr@p hole of a house, spent hardly any money stripping ALL the plumbing and wiring from it, tidied the garden, then sold it as it was a few months later, making a few ££££££ as she went. Nice work if you can get it.....
Think I might have seen that one a few years ago. Wasn't she a Londoner who bought a terraced house in Liverpool because 'she couldn't afford a house in London'? Buy a ruddy flat, then! Shame she deprived a local from buying a house.
No, this woman was a northener herself who was in the 'property business' if i can call it that. She bought this derlict house @ auction. I can see the argument that it deprives people of houses, but i can see the other side too, it's a difficult one. |
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I must admit I stopped watching 'Homes Under the Hammer' because it seemed to be full of greedy people, and I find the 'Good Bid, Good Buy' show much the same.
These are often houses that would have been bought by young couples 20 years ago as a first houses, now they are snapped up by cash-buyer developers. I know it's the free-market and all that, but I still think it's a shame.
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well, no-one tell Krustie, but Phil "Property" Spencer was in the Times at the weekend Lauding the benefits of, wait for it... renting! Kirstie must be distraught! Its dead money though, Innit?!
Negative equity sucks!
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Yes, I saw that too. Phil has certainly changed his tune. The general direction of news features on property has gone from 'how to make mega money' to 'how to survive the credit crunch' and 'how to sell your house in a dead market'.
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