grim reaper

1511 days ago

When does Purplebricks go bust? Some maths for y'all

We have warned about this Neil Woodford dog so many times.  Now, you may find this tasteless but I suggest that no-one in their right mind would actually buy a house right now as the grim Coronavirus reaper stalks this land. Do you want to have to sell your place with all sorts of strangers wandering around touching door handles, or more likely no-one wandering around? And why buy now when the grim reaper may well be freeing up a stack of houses and flats to come onto the market as a glut from anytime soon? Who has enough income security to take on a mortgage these days? This begs the question of when exactly will Purplebricks (PURP) go bust. Here is the maths.

---