Documenting One Man’s Journey To Losing A Million By Leveraging Property

Property Cat Fight

Ok, here’s the oddest thing you’ll ever hear in your life: apparently me and my property projects aren’t entirely appreciated by the general public.

Yeah, I know, I’m also finding it hard to believe that someone, let alone a group of people, could possibly hold any hostility against me and my projects. Regardless, due to a small batch (and I do mean small) of hate mail, I’ve decided to go public.

Why? Well, for a few reasons, but mainly so I can rant and rave like a madman.

Right, so let’s kick it off by publishing my most recent hate mail. This email arrived on the 1st of April, from a cock that goes by the alias Inbreda.

Errmmmmm…. not sure of the accuracy of your web page here: House Price Crash (HPC) Website Mentality given the fact that it is not actually possible to post those words on HPC, and although it may have seemed like a prudent thing to advertise in October, maybe to avoid people laughing at you it might be an idea not to be so abusive given that the uk has just experienced its 6th month of consecutive house price falls and the US is in dire straits. Maybe you could just retitle your site to “Documenting one man’s journey to losing a million by leveraging through property”

Charming, right? It’s not like I didn’t expect some form of retaliation by expressing my opinion on the HPC clan. However, I expect something of better quality. Is that too much to ask?

I know for a fact that this particular cock is a House Price Crash regular, so that probably explains why she’s butthurt by my brilliant comic sketches and my success with property :) Firstly, what I drew was a comic sketch based on HPC antics. Operative term being “comic sketch”- they’re meant to be facetious, not literal. I can only imagine that you’re a senile old twat, Inbreda; that’s the only justification I can conjure up to explain this particular line:

“not sure of the accuracy of your web page here: House Price Crash (HPC) Website Mentality given the fact that it is not actually possible to post those words on HPC”

Which words are you forbidden to use on HPC exactly? The words “positive equity” and “property boom”? Actually, who cares which words? I’m sorry my “comic sketches” weren’t accurate word-for-word. Heaven Forbid. Urgh, talk about a jobsworth.

to avoid people laughing at you it might be an idea not to be so abusive given that the uk has just experienced its 6th month of consecutive house price falls

People on HPC have been sitting on that site for YEARS predicting and hoping for a property crash in the UK. I’m still laughing at that. You can’t predict a crash for 5 years and then claim victory when a small dip in the market surfaces. Just for clarification, there is a difference between a price correction and an outright crash. On that note, I’ll continue to masturbate to my positive equity until an actual mother-of-a-crash rocks my world, thanks. For the record, I’m in no way implying a crash won’t occur, or am I denying that the UK is feeling the ripples of an erupting property crash. I’m just saying it’s too early to call black, black.

It’s already apparent you’re a great fan of accuracy. So renaming my slogan (it’s my site slogan, not title, as you stated) to, “Documenting one man’s journey to losing a million by leveraging through property“, as you suggested, wouldn’t be all that accurate. I’ve purchased properties that were significantly under market value, which had high rental returns. I have repayment mortgages, which is more than covered by my rental return; in 15 years time my mortgages will be non-existant. I can realistically take a 35% hit right now, and i’d still be in positive equity. I’ve invested in property for the long-term investment, not the short term. If you look at historical data, you’ll see that it’s pretty damn unlikely i’ll lose a buck, let alone a million. Even the people that purchased at the climax of the previous boom suffered a crash, and for those that kept hold of their property are now quids in. So please, spare me.

I tell you what, if I lose “a million” after 10 years, I promise i’ll let you remove that stick which is firmly wedged in your anal-passage, so you can use it as a tool to spank me with. I’ll make sure I won’t enjoy it, I promise.

1 Comments- Join The Conversation...

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housepriceboom.com 3rd August, 2008 @ 18:24

Hi, Just to say I love this. About time we had a bit of two way traffic on this. For years we have heard that the crash was on the way. Of course that was correct. It had to be eventually. I bought my first investment property planning for at least one crash to happen before it would be sold. What makes me laugh though is that they can't seem to see the big picture. After a few years it will turn again. Has to. The fundamentals are there. That is why I started my own site: housepriceboom.com (sorry to plug but it is relevant) just to start the process. Anyway, good luck and keep scrabbing.

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