On the Mis-selling of holiday homes!
The mis-selling of holiday homes in caravan parks has been in the news (again) recently.
This article from the BBC contains three case studies of people who bought static caravans as investments, having been told they would make enough money in rental income to cover the finance costs of the caravans.
Those finance costs include the dreaded fees the parks charge for maintaining the site and services such as laundry, and also anything else on site that costs something to run.
The typical story goes something like this:
- The buyers come into a large sum of money, around £60-£100K, through an inheritance or a pension lump sum.
- They think a holiday home will be a good middle-income investment with the additional perk that they can also stay there and offer it to friends and families.
- The sales people bullshit them about how much money they can make renting the caravan out for, say half the year and the maths seems to work out.
- They may have a good first year, but then the maintenance charges go up and the private owners can't compete with the rates offered by the Park itself, which has a stock of caravans just for rentals.
- The owners end up selling their caravans back to the park at a MASSIVE LOSS. You might get £20K back on an initial £70K Vest after just a couple of years, for example.
And these parks just don't care whether the reason you sell is because you've been diagnosed with cancer, they don't care whether they've just sucked your entire pension pot out from you if you're in your 70s, they don't give a shit!
The problem...
Is that people just dive in without doing due diligence, they trust what the sales people tell them, what they should do is get independent advice and get any projections down in writing, of course the later would never happen as they are BS, at which point you would hopefully decided not to buy.
Oh of course the Parks have documents in writing saying you shouldn't buy these homes as an investment, but that's glossed over in the sales pitch itself....
The lesson...
I learned this when I lived in a flat, because I had to really, but now I'm out the lesson is this: DO NOT INVEST IN ANYTHING THAT HAS MASSIVE MAINTENANCE FEES WHICH YOU CAN'T GET OUT OF EASILY!
That means anything leasehold and especially anything on a park home. They are just the worst kind of investments.
Posted Using InLeo Alpha
At Bilpcoin, we're committed to helping and supporting people, not abusing them. We're burning as many BPC tokens as we can. We ask, why doesn't anyone do anything about these bad downvotes on Hive?
livinguktaiwan (79)in HiveFest • 2 days ago
He would never survive an hour at HiveFest now 🔪🔪🔪
https://hive.blog/hive-106258/@livinguktaiwan/re-slobberchops-skc63a
https://hive.blog/hive-106258/@slobberchops/re-livinguktaiwan-skc5h1
On Hive a significant issue exists with automatic upvotes consistently rewarding the same individuals day in and day out
We want to address the issue of downvoting. It has caused pain to many people, and we want to make sure it doesn't happen again reply to @jacobtothe
On Hive a significant issue exists with automatic upvotes consistently rewarding the same individuals day in and day out
We hope that those who genuinely care about Hive will reconsider their actions, as continuing down this path could inadvertently harm innocent users who are unaware of these issues
lol the Marky mark keeps dreaming
There's been a notable increase in frustration and concern among many users
Reply 2 @crimsonclad You may consider yourself clever
Reply to @crimsonclad
Consider revising the value plan, as it's not providing significant benefits to HIVE
The Value Plan, as it stands, seems to be a one-sided relationship with the HIVE platform, where the benefits are one-way
Actions indeed speak louder than words, a fact we've all observed individuals may talk a good game, a whole lot of shit, but their actions often expose their genuine nature LOL
We consider it unwise to engage in harmful actions, even if you think you can escape the repercussions
https://hive.blog/politics/@jacobtothe/re-bpcvoter1-shjdc8
The Hive Police aka Hivewatchers, are the real heroes of Hive LOL, aren't they?
Feast your eyes on Hive's trending page, what a load of trash
LoL it's the Hivewatchers Hive Police, dishing out orders like a bakery LOL! Folks, do what you want with your Hive power, just as you please. And you, Hivewatchers, downvote away, but remember, judgment day's coming
Harry fam We're just here, laughing at the shenanigans on Hive! Sure, our content's getting downvoted, but hey, it's all part of the game LOL
https://hive.blog/hive-158694/@hivewatchers/shhnhs
adm [-]
meesterboom [-]
steemcleaners [-]
jacobtothe [-]
logic [-]
chekohler [-]
b00m [-]
celestegray [-]
citizensmith [-]
sazbird [-]
technicalside [-]
bagpuss [-]
vxn666 [-]
spaminator [-]
meestemboom [-]
ihal0001 [-]
tillmea [-]
meesterleo [-]
meesterbrain [-]
unclefunker [-]
and 1 more
https://hive.blog/hivewatchers/@bpcvoter/shqkqc
On Hive, there's a user who frequently burns a significant amount of Hive LOL with his own accounts
How To Fool An Entire Population
it's so, so concerning to see Blocktrades delegating 2+ million Hive power to Buildawhale, and Buildawhale is downvoting legitimate content
We began sharing factual information following unwarranted downvotes on Hive it's all in the transactions
Upon examining our posts, you will notice they have been downvoted, and we've been labeled as scammers and spammers, which we find amusing. We consistently share new content
Once again, we ask why is our legit content being downvoted on Hive and what is the reason behind it. Hivewatchers ADM spaminator steemcleaners guiltyparties logic
We have Hive witnesses farming Hive, self-voting, operating comment farms, and self-funding projects with community resources
https://peakd.com/@themarkymark/activities
https://peakd.com/@buildawhale/activities
https://peakd.com/@blockheadgames/activities
https://peakd.com/@hiveauctions/activities
https://peakd.com/@gogreenbuddy/activities
https://peakd.com/@meritocracy/activities
https://peakd.com/@gogreenbuddy/activities
https://peakd.com/@jacobtothe/activities
https://peakd.com/@usainvote/activities
https://peakd.com/@leovoter/activities
https://peakd.com/@usainvote/activities
https://peakd.com/@upmyvote/activities
https://peakd.com/@apeminingclub/activities
https://peakd.com/@punkteam/activities
Let's delve into the Builda whale farm on the Hive, Gogreenbuddy, who is also colloquially known as the Marky mark USAINVOTE UPMYVOTE IPROMOTE and 100's more if not thousands
Buildawhale farm
Curation Rewards
The Marky mark
Curation Rewards
https://peakd.com/@themarkymark/activities
Usainvote
Curation Rewards
https://peakd.com/@usainvote/activities
Apeminingclub
Curation Rewards
https://peakd.com/@apeminingclub/activities
Gogreenbuddy
Curation Rewards
https://peakd.com/@gogreenbuddy/activities
#thedarksideofhive
https://www.publish0x.com/the-dark-side-of-hive
https://hive.blog/hive-167922/@bpcvoter1/who-is-cashing-out
https://hive.blog/hive-167922/@bilpcoinbpc/we-exposed-the-buildawhale-comment-and-its-unfortunate-to-note-that-the-issue-persists-we-have-observed-that-this-individual-i
https://www.bilpcoin.com/undefined/@bpcvoter1/zagi
https://hive.blog/hive-167922/@bpcvoter1/two-years-ago
https://hive.blog/hive-167922/@bpcvoter2/https-peakd-com-themarkymark-activities-they-are-are-now-trying-to-hide-to-builda-whale-curation-rewards-lol
https://peakd.com/@themarkymark/activities
https://peakd.com/@buildawhale/activities
https://peakd.com/@gogreenbuddy/activities
https://peakd.com/inleo/@themarkymark/re-bpcvoter1-skbzej
Downvoters we've got to ask, what's the joy in downvoting, huh? It just shows how down in the dumps you are! Remember, Themarkymark himself has been downvoted in the past
Funny seeing how much power a Hiver with mental health issues wields! And talk about support, Blocktrades is like his trusty sidekick LOL
Many question the impact of downvoting and the role of certain Top Hivers, including Themarkymark who abuses his power, many express disappointment about the lack of response from those in positions of authority NO HELP.
Withdraw vesting from @poshbot to @ipromote0.921 HIVE
Oct 27, 2021
https://peakd.com/@ipromote/wallet
https://peakd.com/bpc/@bpcvoter2/the-hive-police-are-doing-a-disservice-to-the-hive-community-by-farming-hive-and-turning-a-blind-eye-to-the-real-spammers-and
https://peakd.com/hive-167922/@bpcvoter2/https-peakd-com-themarkymark-activities-they-are-are-now-trying-to-hide-to-builda-whale-curation-rewards-lol
https://peakd.com/hive-194913/@bpcvoter3/we-believe-many-top-hivers-are-struggling-with-mental-health-issues-addiction-and-personal-problems
https://hive.blog/hive-167922/@bpcvoter1/downvotes-on-hive-should-be-used-for-their-intended-purpose-not-as-a-tool-for-the-hive-whales-to-abuse-or-manipulate
https://peakd.com/hive-194913/@bpcvoter3/we-have-made-it-clear-that-if-the-downvoting-continues-bilpcoin-and-others-are-prepared-to-delve-deeper-and-share-more
https://peakd.com/hive-187189/@bpcvoter3/hello-community-did-you-know-alpha-account-belongs-to-blocktrades-wife-wtf
https://hive.blog/hive-167922/@bpcvoter1/we-started-investigating-after-being-wrongly-downvoted-we-spoke-with-hive-blurt-steem-users-and-others-who-are-following-our
https://peakd.com/hive-194913/@bpcvoter3/many-hive-community-members-are-expressing-their-concerns-about-the-downvoting-trend-which-we-and-they-believe-is-detrimental-to
https://peakd.com/hive-167922/@bpcvoter3/it-s-funny-how-you-can-try-to-lie-on-hive-where-every-transaction-is-public-to-all-which-makes-it-quite-dumb-to-deny-or-deflect
https://peakd.com/hive-167922/@bpcvoter3/it-s-quite-funny-to-observe-the-behavior-of-individuals-when-they-find-themselves-in-a-situation-where-their-actions-are-exposed
Buildawhale downvoting good content, self-voting comments powering down funds that are then sent to Ipromote and then the alpha account controlled by Blocktrades' wife doesn't look good and raises questions about the transparency and fairness of Hive.
https://www.reddit.com/r/stoptheabuseonhive
https://www.reddit.com/r/Buildawhalefarmonhive
https://www.reddit.com/r/Buildawhale
https://www.reddit.com/r/Thedarksideofhive
https://hive.blog/created/bpc
https://peakd.com/created/bilpcoin
https://ecency.com/created/bilpcoin
https://www.bilpcoin.com/created
STOP THE #BUILDAWHALEFARM #BUILDAWHALESCAM
Posted using Bilpcoin
POL
!LOL !DOOK !BBH !PGM !BEER !ALIVE !GIF !WEIRD !LUV !PIZZA !LOLZ
666666666
lo 5455344242 bnb
lolololol
Posted using Bilpcoin
90867
#STOP THE #ABUSE ;88
The exact same thing happens here in Florida. I have a friend who bought a Trailer or … prefab home in Florida for $50,000 … in a Trailer Park where he has to rent ? the land for $1,000 a month … plus maintenance fees, property management etc etc… so another $50,000 per year … it’s crazy
Holy crap, that is EXTREME!
You need to be a millionaire to live in a Trailer in Florida. Thanks to NVDA and Bitcoin there are many new Millionaires
They are great to live in though, as a renter. Assuming you get a good rate.
Well I guess that way you avoid all of the shit, and just pay the rent, so easy days if you get a good deal!
How best to set up a chat with you @revisesociology I'm not on Hive enough! DM or email or click this link https://go.oncehub.com/RobAnnabelle which is a shared calendar between me and co-founder Annabelle.
Very sad. You see a lot of similar things about business properties.
Oh really, I wasn't aware of that, it's all really just a scam!
Totally agree, "buyer beware" is a maxim to live buy.
For sure, trust no one!