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I was looking at Rightmove and Zoopla this morning and in my own patch
I have noticed a real slow down in property sales
Property that would have been snapped up by Landlords are just not selling
The area is not attracting the FTB and its stagnating
We have part Three of S24 around the corner too which can only make things worse
The plus side I can see is that Rents are rising a little...
Learn Change and Adapt ?????
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I agree all is quiet at the moment . Been that way last 6 mths in MK
Rents are stable for me but prices are sticking and slow sales
Seasonal stuff is a factor of course
Brexit is the big one off factor which is hard to gauge as still so much up in the air
In 10 years we can look back and assess its impact .
At the moment you just pick off value stuff where found in The January sales
With any stagnation pent up demand develops
When confidence kicks in off we go again and you get a mini bubble
I saw my daily Scotts Porridge Oats at a 40% discount the other day so I bought 10 packets
The Brexit bounce will have its place in history - No one knows when that will be called yet
I will eat my porridge over the next year but imagine it bounced back by 40% I may sell on
Other breakfast products I`m sure are available ...
Jonathan Clarke. http://www.buytoletmk.com
Just think we could be joining the millions
going back to work today
now in my book that would be a real problem
keeo eating the porridge JC
One of my rather sadistic secret joys is hearing the engines start up of the neighbours as they go back to work today
Brings a smile to my face every time.
I like to hear the rush hour traffic jams on the radio
it’s nice to leave the house after 10 when it’s quite
what we are talking about is opting out of the rat race
About 30 years ago I saw Michael Aspel do an article about getting into business
The underlying theme was yes to enable you to opt out of the rat race
It was about building a business whilst still working so you can leave your job earlier than most
He was filmed on a bridge above a busy motorway with the `rats` on their way to work
Car after car after car going to work 9 - 5 . Crazy
There must be a better way I thought than to spend 45 years of my working life doing that
They don`t teach you that in school though
School is a kind of cult activity and part of the problem
It dumbed down entrepreneurship . Swept it under the carpet
They do great things yes - but they also stagnate part of the brain
As I type at 8.57 am another neighbour climbs into their car
They look rushed . 3 mins to clocking in time . They are probably running late.
We may live in different parts of the uk but we do think alike JC
I absolutely agree with you Jonathan
By the way...long time...I have been quiet...."blinded" in my 9-5 job....haven't managed to quit it yet...hope in 5 years time!
It's no surprise to me: S24 and Osborne's 3% SD theft - another example of what happens when people who don't know what they're doing, and are incapable of thinking things through, start poking their nose in where it ain't welcome.
Another thing I've learnt in life is that when an organisation gets bigger and exceeds a certain size (critical mass), it become inefficient and inept. Government departments are prime examples, along with Virgin Trains, Npower and eon.
Happy new year.
I think the Bank of England announcing a possible market crash if we get a hard BREXIT has made people cautious about going forward which has slowed the market. Properties I’m watching are being reduced but it’s hard to know whether that’s because they’ve been overvalued or the bubbles bursting.
I think there is multiple reasons
the UK market is built on a deck of cards
move one and it will tumble
I don’t ever worry about a crash it’s the time to buy
but what I want to know is how do they get the market going again?
that’s the major question in my crystal ball