Savills - No recovery for 8 years

Dithering_Dad

wymondham wrote: »

I can manage 1 & 4, but 2 & 3 might be pushing it for me - can I still post anyway??

I can't even manage that. I guess I'll pack my bags then.

mewbie_2

Dithering_Dad wrote: »

I can't even manage that. I guess I'll pack my bags then.

That's a perfect post. Ticks each of the five options, plus one I didn't think of... it's mercifully short.

Jumping_Bean

mewbie wrote: »

That's a perfect post. Ticks each of the five options, plus one I didn't think of... it's mercifully short.

I don't think it can tick all 5 (6 now?). That would make it literally the perfect post which just isn't possible. Everyone knows the perfect post doesn't exist. It's a myth.

Dithering_Dad

Jumping_Bean wrote: »

I don't think it can tick all 5 (6 now?). That would make it literally the perfect post which just isn't possible. Everyone knows the perfect post doesn't exist. It's a myth.

More of legend, sought after for years and believed to reside on a forum in deepest Tibet.

They'll make the quest into an Indiana Jones adventure - you can keep your Ark of the Covenant and Holy Grail, the Perfect Post is the biggie.

justpurchased

“Everyone in the UK to get there perfect house for free all debts are wiped out and debt will be band, savings are the future the government announces."

If it were the start of a true thread it would be pretty perfect for the majority.

Peace:A & Love:beer:

dopester

Barnes again, "This downturn is severe and will almost certainly last for at least another year. But it is has been caused by the withdrawal of credit, not the withdrawal of long-term demand or by diminished purchasing power amongst owner occupiers. It is this that will shape the recovery when it comes. Although the credit crisis has affected all sectors and regions more or less equally and simultaneously, we will see a very different pattern in the recovery. Canny investors will take this into account now".

I guess this is the first part of the recovery then?

Lets see if the axed Savills staff are so canny to take in Savills' recovery expectations in to account. Go on.. buy a few more houses. If you don't lose your own home first.

http://www.guardian.co.uk/business/2008/aug/24/realestateindustry.savills

Savills to cull jobs as house deals slump

High-end estate agent has seen sales volume halve

Richard Wachman and Alex Brett
The Observer,
Sunday August 24 2008

The dire state of the British housing market will be underlined this week when Savills, the upmarket estate agency chain, reveals that it is axing scores of jobs as deals dry up and selling prices tumble.

The company employs more than 3,000 people in 111 UK offices, but that number is expected to reduce significantly by the end of this year as fears grow that house prices could fall by as much as 30 per cent before December 2009 and that transactions nationally could plumb levels not seen in 30 years.

Other economists are even more pessimistic, predicting that the housing market may not recover for a decade.

justpurchased

dopester wrote: »

I guess this is the first part of the recovery then?

Lets see if the axed Savills staff are so canny to take in Savills' recovery expectations in to account. Go on.. buy a few more houses. If you don't lose your own home first.

http://www.guardian.co.uk/business/2008/aug/24/realestateindustry.savills

Every one knows transactions are down thats why jobs are being cut in banks building and estate agents. If there are not enough transactions you don't need the staff is this real a suprise to you dopester? I feel sorry for anyone who loses there job in a downturn, obviously you don't!

lostinrates

Oh, this reminds me....they called me to see if I wanted to stay on the mailing list, I said yes, but that they should know that like most people I was 'all to aware of the current market conditions' to which the agent tried to be gently reassuringly poo-pooing...I loved being able to quote from the report. Smug, but still homeless....so not so smug really!

bdon

Isn't the answer well-maintained social housing. I grew up in some and didn't feel "deprived" at all.

I find all this talk of "homes" in the same breath as "investment" by market manipulators is making me more and more queasy.

We do all seem to have lost our way....

justpurchased

bdon wrote: »

Isn't the answer well-maintained social housing. I grew up in some and didn't feel "deprived" at all.

I find all this talk of "homes" in the same breath as "investment" by market manipulators is making me more and more queasy.

We do all seem to have lost our way....

Spot on mate your house is your home and hopefully your rent free retirement.