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Old 19-09-2008, 05:26 PM   #261 (permalink)
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Location: nottinghanshire
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brian pearson is just starting out
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Originally Posted by Mikeuk View Post
You think so?

Rents are rising and interest rates static.

That's why Im buying. My new flat in Southsea will yield 7-8% pa. If I collected my own rents it would be 8%+

Come on. Match that...
Your 8% yield will be devoured by falling prices. If you paid 150 K today it will be worth 130 K this time next year.

Stop trying to gather more wealth and spend the ******. The housing game is up.
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Old 19-09-2008, 05:51 PM   #262 (permalink)
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Your 8% yield will be devoured by falling prices. If you paid 150 K today it will be worth 130 K this time next year.
Yes but if that happens the yield will be 9.23%

Are you missing some of your fingers?
Last edited by Mikeuk; 19-09-2008 at 05:56 PM.
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Old 19-09-2008, 05:53 PM   #263 (permalink)
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As I have said before, mainly because you are wide of the mark as to my identity, It is far far better to keep quiet and have people think you are a fool than to speak and have them know that you are a fool.
I can't be that far out.

If it's not you in Stubbington Ave it is your EDP bumchum, but I really can't be fagged to go back and check the other guy's name.

You are all racist morons - a disgrace to Portsmouth IMHO.
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