As we said yesterday, our surprise is A) how these things are kept underwraps for so long and or B) how these so called media tuned and or experts fail to see the obvious whan it occurs months and months, and even more months ago
Next March, regardless of bank rate, will be the time to buy some cheap 2 bed roomed apartments to let to Eastern European Workers (EEW) &/or DSS Claimants - there'll be even more of them available, repossessions and BMV's, lot's of 'em!
So, is BTL the UK Sub Prime fiasco? Yes of course it is, well it is part of it but not all of it, we have our own sub-prime issues and whilst they have already surfaced, the very tip of the iceberg is all that has shown itself, just you wait!
As per yesterday, go to www.housepricecrash.co.uk or viewings on UTube for how some Americans were 'conned' they say, well they would say that, once things go wrong, wouldn't they, but yes some might have been mis-lead, as too some people over hear.
Thursday, 22 November 2007
Buy to Let Burst Bubble Britains Sub Prime
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