Recovery of the Housing Market will come Quickly

Max_Headroom_3

Dithering_Dad wrote: »

!!!!!!? After being caught with your latest empty soundbite, one would have thought you'd have the sense to be quiet. Don't you see that you now have zero credibility and zero integrity?

:silenced: :whistle:

Pot and kettle there mate. If resorting to throwing insults is the best you can do to justify your position what do you suppose that does for your credibility? :rolleyes:

Jumping_Bean

!!!!!!? wrote: »

PS:



Here's an estate in Speke, Liverpool - one property asking price 160k, nearby similar property up for auction, guide price 80k

160k from developer:
http://www.rightmove.co.uk/viewdetails-18169648.rsp?pa_n=11&tr_t=buy
Guide price 80k from auction house for similar nearby property:
http://www.rightmove.co.uk/viewdetails-22536446.rsp?pa_n=2&tr_t=buy


Here's a 40% drop:

http://www.newsandstar.co.uk/news/1.220446

Enjoy it because that's all the justifying of casual comments I'm going to do for the Dithering Dad/Chucky tag team.

Actually that first one is on at £182,950 so more than a 50% drop.

Dithering_Dad

!!!!!!? wrote: »

PS:



Here's an estate in Speke, Liverpool - one property asking price 160k, nearby similar property up for auction, guide price 80k

160k from developer:
http://www.rightmove.co.uk/viewdetails-18169648.rsp?pa_n=11&tr_t=buy
Guide price 80k from auction house for similar nearby property:
http://www.rightmove.co.uk/viewdetails-22536446.rsp?pa_n=2&tr_t=buy


Here's a 40% drop:

http://www.newsandstar.co.uk/news/1.220446

Enjoy it because that's all the justifying of casual comments I'm going to do for the Dithering Dad/Chucky tag team.

LOL! A repo and a 2 new builds. Is that the best you have for me. :rotfl:

This is exactly why I jumped in with my 'rules of engagement' post. I knew you'd have to resort to the builder's "50% off our outrageous RRP offer!". See previous post about MFI !!!!!!?

Dithering_Dad

Max_Headroom wrote: »

Pot and kettle there mate. If resorting to throwing insults is the best you can do to justify your position what do you suppose that does for your credibility? :rolleyes:

Where have I insulted !!!!!! in this thread?

He was the one throwing around the "weirdo" insults, not me. I simply asked for proof of a trend of 50% drops that did not include builders marking up prices of new builds and then 'dropping' them 50% to make it look as though you're getting a bargain. I also should have mention no repos because they're not indicative of a 50% downward trend either.

I then said that if !!!!!!? makes these sorts of statements without backing them up, then he will have no credibility and no integrity. That's not an insult, that's a fact.

Jumping_Bean

Dithering_Dad wrote: »

LOL! A repo and a builder. Is that the best you have for me. :rotfl:

This is exactly why I jumped in with my 'rules of engagement' post. I knew you'd have to resort to the builder's "50% off our outrageous RRP offer!". See previous post about MFI !!!!!!?

I think the point is that last year people were actually buying them for those ridiculous MFI prices. Now they can't even sell them in the sale.

Max_Headroom_3

It has been very widely reported that many people daft enough to fall for the "investment" hype in city centre new build flats have found to their horror that promised rental "guides" have been hopelessly optimistic and in cases where a sale has been forced as a result, prices acheived have often been 50% less than paid or worse.

No one is saying this is across the whole property market, but anyone with half an eye on whats going on out there (rather than sticking blindly to their own pre conceived ideas) will be aware of this.

Max_Headroom_3

Jumping_Bean wrote: »

I think the point is that last year people were actually buying them for those ridiculous MFI prices. Now they can't even sell them in the sale.

Exactly my point.

WTF?_2

Dithering_Dad wrote: »

LOL! A repo and a builder. Is that the best you have for me. :rotfl:

It's more than you deserve since chucky's new approach to baiting me is now to nitpick every word I write and you've spotted a chance to jump on the bandwagon.

It's certainly enough justification for me to make a casual comment of how some places have seen 50% price drops .

This is exactly why I jumped in with my 'rules of engagement' post. I knew you'd have to resort to the builder's "50% off our outrageous RRP offer!". See previous post about MFI !!!!!!?

Make whatever daft 'rules of engagement' up that you like. I'm not dancing to them.

WTF?_2

Max_Headroom wrote: »

It has been very widely reported that many people daft enough to fall for the "investment" hype in city centre new build flats have found to their horror that promised rental "guides" have been hopelessly optimistic and in cases where a sale has been forced as a result, prices acheived have often been 50% less than paid or worse.

No one is saying this is across the whole property market, but anyone with half an eye on whats going on out there (rather than sticking blindly to their own pre conceived ideas) will be aware of this.

Yes - that was exactly what I was getting at.

But I guess you now have to produce multiple reports of 50% drops to justify what you just said.

Max_Headroom_3

Dithering_Dad wrote: »

Where have I insulted !!!!!!? in this thread?

Suggesting someone has "zero credibility and zero integrity" isn't an insult in your little world?

Good, then clearly I haven't insulted you.