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COWSHED For the discussion of politics, religion and all other non Hibs/Football issues - it's sort of moderated, board rules still apply.


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Old 20-11-07, 15:41   #1
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Bank Crisis


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If there is going to be a property collapse in the UK, I reckon the Buy-to-Let and Self-certification sectors will cause it.
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Old 20-11-07, 19:16   #2
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Re: Bank Crisis

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If there is going to be a property collapse in the UK, I reckon the Buy-to-Let and Self-certification sectors will cause it.
If there is a property collapse i'll finally be able to sell my 3 bedroom flat that's too big for my needs(That happens to be in a not so popular area,thus the prices are lower and wouldn't be badly hit in any crash) and buy a 2 bedroom flat that is currently way to expensive for me to buy......................
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Football in Scotland is ridiculously poor value for money.We dont want to sit down. We dont want to be treated like scum by the stewards. We dont want to eat over-priced reheated stale pies and pay £2 quid for a bit of powder and warm water in a tiny cup. We dont want to sit behind pillars (Well at certain grounds it's ok). We dont want to watch guys who cant control a football.

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Old 21-11-07, 17:32   #3
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Re: Bank Crisis

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If there is a property collapse i'll finally be able to sell my 3 bedroom flat that's too big for my needs(That happens to be in a not so popular area,thus the prices are lower and wouldn't be badly hit in any crash) and buy a 2 bedroom flat that is currently way to expensive for me to buy......................

If there's a market for your flat .. and you can get a mortgage ok.

IMO there will be a property market fall (crash? possibly...) as the whole buy-to-let thing had gone too far. Just look at what's happened in the US.

It's all being lead by the banks who will cut back lending due to being over exposed to a lot of overpriced illiquid paper in CDOs and SIVs...

I'm sure I said in August this was the start of something scary...

We'll see...
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Definitely still more pain to be felt anyway ....
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