well, when you live under a bridge time flies. Also, anyone find it funny that Randy lives on PI? Get it? Under a bridge? You know? Cause he's a troll? Amiright?
I spotted Randy on my way home today, passing the island on a ferry I looked out and saw:
When you tell a string of lies it catches up with you eventually. The more you dig the more awkward it becomes.
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Our wannabe property magnate isn't getting much love. He's probably feeling more oppressed than those poor vassal brits suffering under the yoke of their tyrant queen
Actually interest rates have effectively more than doubled from H+0.7 to ~ 2.15% now. In real terms not so much higher. Prices at the lower end have steadily been grinding higher but the 'wait, wait, wait for the collapse' still nowhere yet to be seen, although some warning signs of a serious correction in top-end rentals now being reported in this week's SCMP.
Having said that, the scmp today also reports that rents overall hit record highs.
For high end places I agree these are off a bit. To me the sweet spot in terms of yield are places worth 5 to 12 mil.
I terms of borrowing i have everything on hibor +.65. I agree though it's harder to get these rates but it is still possible depending on who finances you and your relationship with them etc.