From: sam1967@hetnet.nl
Newsgroups: uk.finance
Subject: Re: Falling house prices - HOW TO make money ?
Date: Thu, 02 Sep 2004 20:41:48 +0100

On Thu, 2 Sep 2004 20:12:56 +0100, "Jane Tweedynn"
 wrote:

>
>"Jonathan Bryce"  wrote in message 
>news:oc5k02-s3l.ln1@michelle.jbryce...
>> sam1967@hetnet.nl wrote:
>>
>>>>One of the spread betting firms (City index?) has spreads on house
>>>>prices.
>>>>
>>> Isnt that just gambling ?
>>
>> Yes.  But it is a way to make money from a falling market.
>>
>> You could make money from a rising market by buying a house on a 100%
>> mortgage.  Is that any less gambling?
>
>No its not a gamble.  Sam knows that house prices are going to fall, if you 
>know something is going to happen there is no gamble.
>
>You will have to excuse our Sam, every couple of months he posts the end of 
>the housing market.  He desperately needs prices to fall so he can get on 
>the property ladder.
>
>I don't think he is naive enough to believe that he can influence the market 
>by posting its demise on this newsgroup. 
>
You are right and I have no chance of getting on the property ladder
in this country. Ever. I had my chance to buy somewhere in France or
Spain with cash about 4 years ago but blew it (literally on whores and
drink in Holland). Now I just want a collapse as some sort of
punishment for Afghanistan and Iraq. The Baghdad Bounce will have its
counterpart in the Neasden Nosedive.