I1L2T3 Posted September 16, 2012 Share Posted September 16, 2012 Yes it is, I doubt that the level of HB has anything to do with what go4it can and does charge his tenants. And even if it did, it's not a situation he can change, it's just the situation he has to run his business in. You're describing price discovery within the context of a particular market. That is not the same as a free market. The housing market was/is rigged by the banks, not free at all. Happy to discuss Link to comment Share on other sites More sharing options...
S10mainly Posted September 16, 2012 Share Posted September 16, 2012 You're describing price discovery within the context of a particular market. That is not the same as a free market. The housing market was/is rigged by the banks, not free at all. Happy to discuss I buy a house, for cash.....where do the banks fit into rigging that one? Link to comment Share on other sites More sharing options...
go4it Posted September 16, 2012 Share Posted September 16, 2012 You don't get it. It's your business. You're responsible for it. If you don't like the downsides of the business then get out of it and try a different one. Or get a better vetting agency. Or vet the tenants yourself. So you are sticking up for the idiots. Prices are being raised for everything from groceries to council tax - all because of the idiots who cost money. It's like car insurance - because of the idiots who defraud the insurance companies out of millions each year, we have to pay extra on our premiums. As a result I am obviously very picky who I let to, and I want job references, character references plus much more. Link to comment Share on other sites More sharing options...
go4it Posted September 16, 2012 Share Posted September 16, 2012 so why dont you sell up and not have the hassle ? If I could I would. Link to comment Share on other sites More sharing options...
ricgem2002 Posted September 16, 2012 Share Posted September 16, 2012 If I could I would. whats stopping you then ?apart from greed Link to comment Share on other sites More sharing options...
FACEBOOK Posted September 16, 2012 Share Posted September 16, 2012 If I could I would. hey go4it, how badly do you want out of that property? Link to comment Share on other sites More sharing options...
I1L2T3 Posted September 16, 2012 Share Posted September 16, 2012 I buy a house, for cash.....where do the banks fit into rigging that one? Because the price you pay will (in some way) be related to the market value of the house you buy. Or are you saying you can set your own price, independent of market values? If so I don't know why you are posting on here - you should be relaxing on your private caribbean island. Link to comment Share on other sites More sharing options...
I1L2T3 Posted September 16, 2012 Share Posted September 16, 2012 So you are sticking up for the idiots. Prices are being raised for everything from groceries to council tax - all because of the idiots who cost money. It's like car insurance - because of the idiots who defraud the insurance companies out of millions each year, we have to pay extra on our premiums. As a result I am obviously very picky who I let to, and I want job references, character references plus much more. No, I think it's disgusting that people would get away with wilfully damaging property. But that is the business you are in and you have to be prepared to take the knocks. The reality is it isn't a one-way street to easy money. If you'd done your homework you'd know that getting the tenant from hell is a real possibility. It's nothing like insurance. Your bad business decisions leading to higher prices for what you are selling don't cost me anything. I own my own house. If you are being very picky then you must be getting better tenants in, and have your business back on track. So why moan? Link to comment Share on other sites More sharing options...
go4it Posted September 16, 2012 Share Posted September 16, 2012 whats stopping you then ?apart from greed What a stupid thing to say. I am more of a reluctant landlord - even renting it out I still lose money a month. Which is why when I get a bad tenant I lose even more. It's not greed in the slightest. What an insensitive, stupid comment to make. Link to comment Share on other sites More sharing options...
S10mainly Posted September 16, 2012 Share Posted September 16, 2012 Because the price you pay will (in some way) be related to the market value of the house you buy. Or are you saying you can set your own price, independent of market values? If so I don't know why you are posting on here - you should be relaxing on your private caribbean island. Of course I cant set the wider market values or I would be sat on that island But, sometimes, houses sell for a lot less than "market value" - IF that house is bought by-to-let its more a matter of the yield than the actual value of the house Link to comment Share on other sites More sharing options...
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