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Greedy landlords rub their hands with glee as Londoners queue in the cold to buy flats

So I have no rights of defence in the face of allegations made against me?
Of course you have the right to defend yourself but at the moment you're doing the equivalent of saying 'I never done it m'lud' when there's CCTV, fingerprints and a signed confession. Denial is a shit defense.
 
2 out of 3 ain't bad, in my case (I'm not short!).;)

I am short, but not particularly brutish, so 2 out of 3 for me.

I think we should all give up on this thread. Let Diamond think he's "won" if he wants to. You know, just like you let the ranting bloke at the train station think he's won. There's nothing to be gained for anyone else here.
 
One of London’s largest, the estate was the setting for Tony Blair’s first speech as prime minister in 1997. Appearing on one of its characteristic concrete walkways, he pledged to deliver people “forgotten by government,” including its 7,500 residents, from the urban decay he had chosen the estate to represent.

However, residents voted in 2001 by a large majority against the transfer of its council stock to a housing association, scuppering redevelopment attempts to create a more “economically mixed” community.
 
Can't see this anywhere else, confrontation and arrests as evictions start on the Aylesbury Estate in London, anyone know more?
The guardian seemed to have it later than other news sources, according to the times of the articles. It was on the internet from around midday today.

What search terms were you using? 'six arrests aylesbury estate evictions' gave a number of articles including one from last night.

http://londonist.com/2015/02/six-arrests-over-aylesbury-eviction-protest.php

http://www.standard.co.uk/news/lond...-one-of-londons-largest-estates-10053161.html

http://rt.com/uk/233443-social-cleansing-protest-southwark/

http://report24.co.uk/article/95181/six-arrested-as-police-help-in-evictions-from-london-estate
 
(((190K profit))). :(


1993, Key West, Florida. When a Ku Klux Klan official is shot in broad daylight, all eyes turn to the person holding the gun: a 96-year-old Cuban woman who will say nothing except to admit her guilt.

vanessa Lafaye’s second novel, At First Light
 
1993, Key West, Florida. When a Ku Klux Klan official is shot in broad daylight, all eyes turn to the person holding the gun: a 96-year-old Cuban woman who will say nothing except fuck you landlord
 
Goodbye to buy-to-let: why I’m moving on after 13 years as a landlady

A harrowing tale of being a BTL landlord and why she has had enough. taking only a 190K profit for her troubles.
I don't get where they get 190k from. As far as I can tell, she made 95k profit plus a bit on rent (10k or so).

It's an ok return, but she's had 100-200k capital tied up for 13 years for that, so it's only of the order of 4% p.a. return on capital. For a risky, geared investment. She'd have done better investing in equities or bonds over the same period.
 
Goodbye to buy-to-let: why I’m moving on after 13 years as a landlady

A harrowing tale of being a BTL landlord and why she has had enough. taking only a 190K profit for her troubles.
With landlords, as with many other things, it's not their size it's what you do with them

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I don't get where they get 190k from. As far as I can tell, she made 95k profit plus a bit on rent (10k or so).

It's an ok return, but she's had 100-200k capital tied up for 13 years for that, so it's only of the order of 4% p.a. return on capital. For a risky, geared investment. She'd have done better investing in equities or bonds over the same period.
It's surprising how few people realise that most profit comes not from rent but just house price inflation and compared to many other businesses the returns are shit.
The only way to make decent money from property is to have tons of it and employ your own maintenance workers.
 
capital appreciation has acted as a default subsidy in the property market for a while now- I har of many late entry carpet bagger BTL'ers have to top up their outgoings for their *investment* each month and depend on the costs flattening out and the property rising in value FOREVER
 
Certainly, if you are going to have 10% of your *turnover* walking out the door to letting agents every month -- as this woman did -- it's not surprising your *profit* will take a massive hit. You have to make 10% profit margin for the agent before you even start for yourself.

The telling part is that this woman didn't even know she wasn't making money on rent until it was all totted up at the end. if you are investing money, you have to understand your incomings and outgoings, not just hope for the best.
 
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