From: Richard Faulkner 
Newsgroups: uk.finance
Subject: Re: Lets Crash the Housing Market..First Time Buyers.
Date: Tue, 13 Sep 2005 11:04:21 +0100

In message , mogga 
 writes
>On Tue, 13 Sep 2005 00:16:24 +0100, Richard Faulkner
> wrote:
>
>
>>That's a big bag of chips on your shoulder, and a large bunch of sour
>>grapes in your pocket 
>>
>>I am a house owner who is neither smug nor self righteous, merely older.
>>
>
>You also own other property which you rent out to people unable to buy
>their own homes because they're all owned by people like you?
>
>

Bollocks! Is the short answer 

Your comments are typical at a time when the market is at its' peak, and 
which are completely absent when it is not. Are you also one of those 
types who has been saying for years that the market is set for a crash, 
so it would be foolish to buy? Almost every single property owned by a 
landlord was equally available to anyone else at the time it was sold.

There has always been a sector of the population who prefer to rent 
rather than buy, and it doesnt matter what the state of the property 
market. Without people like me, they would not be able to do what they 
wish.

Secondly, most of the flats that I own are owned under titles such that 
they could not be sold to individuals under separate titles - that is 
how I bought them. The people you are talking about could not possibly 
have bought most of what I own, so I have not, and am not, preventing 
anyone from buying anything.

In addition, the flats which I own on individual titles were fully 
available to the people you are talking about when I bought them, as 
were many similar flats at the time.

Having spent a fortune, creating reasonable living accommodation from 
hovels, there will come a time when i split the flats into separate 
titles, and make them available for sale, thus increasing the supply, 
(in a small way), to the people you are talking about.

-- 
Richard Faulkner