pfox, Glad to hear all is doing well in your game. However is commercial property doing so well?
Thanks to the UK's crackpot mass immigration policies, there is certain to be supply and demand issue keeping house prices higher than they otherwise would be. As a new home does not magically appear for each family that 'decides' to make the UK their new home.
Sadly that also applies to jobs too.
So with house prices/rents kept higher and wages held lower, by the same 'supply and demand' rules, it is little wonder that the 'ordinary' British worker voted to leave the EU, in some last ditch vain attempt to end this madness.
All depends on whether you gain or lose, ie, if you own a business employing several, or if you own a fair property portfolio whether you 'see' mass immigration as good or bad.
As it stands I doubt Brexit will make much difference to the policy, as those who make the rules are also highly likely to be the ones owning both and gaining from such desperate people.
Until this is ended, cant see ordinary workers easily being able to buy homes in the UK. Which is bad for them and bad for Lloyds
Mick been here so very many times before now. Now around b/e point. Would be nice if it stayed and traded around the sixties, and the dividend kept coming, as after holding for eight years + I feel to sell now, would make this a poor investment.
Still I would be missed by many on here, so best I stick around for a while yet.
Do you have a plan when to get out? Or does it change on news?
Having had no game plan, I bought, added on Rights issues, ending up with more than intended, and now just hope the dividend will rise enough to make holding so very long worthwhile.
Still feel there are many who imagine we wont actually leave the EU and the 'shock' to such when we do, will drive markets lower.
Fear this rally is orchestrated to give the big boys a chance to unload, near or 'at' the level pre Brexit, when many must have been caught out.
To PI's that loss was bad, but to institution buyers, fund managers etc, they CANT afford to lose it, as so will need to make it back.
Maybe thinking too deep. Time and know it alls, no doubt will tell.
more houses have come onto the market in the last 2 weeks than the month after the brexit vote.. Why? well people were waiting the huge crash and dump and bargain buys.. It's not going to happen for the very simple reason of supply and demand.. It's the industry I work in and its picking up fast
...days left; for soon it will be the Winter of woe.
The upbeat sunny holiday spending all over, the few house buyers all done, at least until next Spring, if at all, and only a pathetic Santa rally to give a glimmer of false hope, when the 'reality' of Brexit hits home, as A50 unfolds.
Once back to levels pre Brexit, those large institutions, like many, caught out by the surprise leave vote, will then be able to dump their holdings, knowing the misery to follow, and not then taking the 'hit' they would have done.
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