A HUSBAND AND WIFE COUPLE WHO ARE DELIGHTED AT THE RISE IN VALUE OF THEIR HOUSE

This is a video that Bruno recited from one of his websites. Part of the video can be found here.

## Script

(**Husband**) “Hi darling, I’m home.”

(**Wife**) “Dinner’s nearly ready dear. Did you have a good day?”

(**Husband**) “Yes thanks, and I’ve got some very interesting news.”

(**Wife**) “What’s that dear?”

(**Husband**) “Well, I was in the High St, walking past the estate agents and No 22 is up for sale.”

(**Wife**) “Really dear, how much?”

(**Husband**) “You won’t believe this darling, but it’s £175k more than we paid for ours. Not only that but I called in and asked for some more info - and they already have an offer £25k over the asking price!”

(**Wife**) “But No 22 is Mrs Watson’s. I went to one of her coffee mornings last month and her house can’t compare to ours. We must have made at least £200k profit. I feel rich.”

(**Husband**) “Me too darling, so much so that I thought we’d treat ourselves. So I’ve booked us a 14 day holiday in the Bahamas – 5 star luxury.”

(**Wife**) “That’s wonderful dear. We were so very lucky to buy when we did.”

(**Husband**) “Absolutely, but you know I always wondered why the last owner sold. It’s such a nice house. Said he was just going to rent for a while. Must be kicking himself now.”

(**Wife**) “I suppose he bought another property soon after dear. Everyone knows you can’t afford to say out of the market for long.”

(**Husband**) “Yes I’m sure he did darling, nice fellow, if a little eccentric. I wonder if he bought somewhere nice?”

(**Wife**) “Well, what ever he did good luck to him, he certainly did us a big favour. Wine dear?”

(**Husband**) “Yes please darling. Can’t remember his name now. A speculator from America by the name of Dr. Trouble.”

(**Wife**) “No, not Dr. Trouble dear, Dr. Bubble.”

(**Husband**) “Ah yes, I remember now *Bubble*, 'Dr. Bubble'. He is closely associated with that website www.DoomMongersRUS.co.uk, also known as WhingersAndLosers.co.uk and TalkHousePricesDown.co.uk”

(**Wife**) “Oh, that is the website where the STRs whinge and moan about high house prices and are forever kicking themselves for having sold their properties too early and frustrated at seeing no sign of a property crash occurring are having to resort to desperately trying to talk down the property market in the hope of starting a crash.”

(**Husband**) “The website has recently thrown in the towel and sold out to a property company and has now changed strategy and is trying to campaign for more houses to be built as a way to reduce house prices even though they were saying for years that there was no shortage of supply.”

(**Wife**) “That website no longer has any credibility and its forum is censored and moderated to such an extent that it gives a very distorted and one sided view of the housing market.”

(**Husband**) “Dr. Bubble was selling his property in the hope that a property crash would occur soon after he sold his property which would enable him to get back onto the property ladder quickly and buy a property more cheaply. I really feel sorry for him because his house in Kensington has gone up by an extraordinary amount since he sold it and with stamp duty and agent's fees he would have to be looking at a 20% market crash simply in order to break even.”

(**Wife**) “I heard him on some rather obscure radio chat show the other day whinging and moaning about high house prices and made the extraordinary assertion that high house prices doesn't benefit homeowners.”

(**Husband**) “Well that is just plain ridiculous, we are pleased that our property is worth so much because we can borrow so much against the increased value of our home which means that we can afford expensive holidays and buy many luxury goods. Dr. Bubble is no longer benefiting from the property boom and is kicking himself for having sold too early and is just jealous that homeowners are making so much money from their property.”

(**Wife**) “Dr. Bubble thought that he was being clever when he sold his property to rent thinking that he sold at the market peak but he got his timing badly wrong and sold too early and has missed out on some extraordinary rises in the value of his house.”

(**Husband**) “There is a difference between being clever and being wise. Dr. Bubble may be clever but he certainly is not wise and now he finds himself paying dead money in rent which is helping to pay off his landlord's mortgage whilst he continually sees the value of his STR fund being eroded away by inflation.”

(**Wife**) “Well, let’s drink to the nice Dr. Bubble dear.”

(**Husband**) “To Dr. Bubble - the STR whinger and rent forever loser.”

(**Clink of glasses**)

(**Wife**) “I really hope he bought again dear, he let greed cloud his judgement and as a consequence is missing out on having made so much money. He faces the very real problem of never being able to get back onto the property ladder ever again and is now having to resort to talking down the property market in the hope that it causes a property crash.”

(**Husband**) “He will just have to accept that he made a serious mistake in selling his property and gambled his house on a quick crash occurring but the gamble has failed spectacularly and he will just have to get used to living in rented accommodation forever.”