Property Hawk the landlord's homepage since 2006
Free Tenancy Agreement FREE tenancy agreement
Free Landlord Software FREE landlord software
Home | Property Manager | Free ASTs | Landlord Forms | Mortgages | Insurance | Inventory | Magazine | Landlords Bible | Directory | Forum | Training | News / Blog |

Sunday, January 25, 2009

Landords are Losers!!!


Landlords are 'losers', according to the Times.

There's no getting away from it ' we are a bunch of losers'. LOOOOOOSEERRRRR!!

With our ever increasing and ever humiliating losses we should draw solace from our re-discovery of our humility, and re-focus on the important things in life, family and friends.

Without them you are a true loser.

With the announcement that the economy is officialy in recession, ( finally, it's come as a relief, like watching paint dry), maybe we are just losers amongst millions of other losers.

I have been predicting that a lot of landlords and wannabe property tycoons will go under in 2009, how many, is difficult to call, but probably more than most people think.

UHY Hacker Young, the accountancy group, said this week that it is handling an increasing number of buy-to-let portfolios falling into receivership; about half had been privately owned.

If that is you, I wish you all the best. Remember family and friends will stick by you.

No comments: