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Debate House Prices


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'50% drops'

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Comments

  • hethmar
    hethmar Posts: 10,678 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Car Insurance Carver!
    Beautiful, but a very limited market for it.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    I think everyone would agree this;

    http://www.rightmove.co.uk/viewdetails-16262797.rsp?pa_n=2&tr_t=buy

    ...is a "nice" property. And some.

    Dropped by £3M...rubbish EA mis-valued it, or the market changing?


    (I though all the Russian oligarchs (or is that gas/oilgarchs ?!) were snapping up the top end? Maybe this is too cheap, now, to be considered.)

    top end properties are always being sold at massive price drops
    check out Bernie Ecclestone ex-property was on the market for £85 million originally but he bought it for £50 million purchased a good 5 or 6 years ago.

    i'll leave it up to you to decide if it's a EA mis-valuation or it being gas/oil/Russian oligarchs snapping up property or not. i'm not as much as an expert as you in this area but can tell you that top-end property prices adjustments up or down happen frequently in bull or bear markets.

    i've just highlighted the fact that you've tried to make a crazy point previously comparing apples and grapes - you've just done it again unfortunately...
  • And you (deliberately?) have missed the point.

    I was never COMPARING anything...Geddit?

    In both instances I asked a question - that's what a "?" is used for...

    Seeking comment/opinion/discussion - which, strangely enough, is what a forum is for...

    But if all you can do is poke fun sarcastically, fair enough. Must be DDs day off.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    i'm not poking fun and have not missed any point - just highlighting your incorrect detail in your post and also answering your question...

    adding context to your post and adding the CORRECT detail to your post is not being sarcastic and also is what a forum is for - it's being realistic.

    as you say you know nothing about the area you had comments to make on, i have just added the realism so that when the post is read it does not paint the incorrect picture...

    it's something that is lacking on this forum...
  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    hethmar wrote: »
    Beautiful

    With faux leopard skin carpet???

    Yeah..... lovely :rolleyes:
  • hethmar
    hethmar Posts: 10,678 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Car Insurance Carver!
    I was looking at the garden in central london.
  • Heyman_2
    Heyman_2 Posts: 1,819 Forumite
    No but I was possibly a bit too wound up myself when I heard about Britain bailing out greedy Icesave account holders. But I have just seen that UK will sue Iceland, so it probably won't cost any extra for the first 20,000 Euros?

    I do think it is wrong that those investors did not support a British bank, they were just being greedy.

    I agree. Yes the UK will sue Iceland, but how long will that take? And will we even get a settlement?

    And the UK is guaranteeing 100% of the deposits in Icesave, so that's going to be about £4.5bn apparently, straight out of the taxpayers pocket!!! I haven't got a problem with investors putting their money in a non-british bank, but I don't want to have to pay for them when it goes t*ts up!
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    It's greed because you should only have one house, you are stopping people like me from buying a house so you will get what you deserve and lose all your money, just like those greedy Icesave investors who were not loyal to British banks and invested all their money supporting Iceland's economy not ours. I hope your money was in there too!

    Is this a joke?
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    You should donate money to human charities perhaps one that helps FTB's get on the housing ladder not animal charities.

    I somehow missed this line! Brilliant.
  • WTF?_2
    WTF?_2 Posts: 4,592 Forumite
    Cleaver wrote: »
    Is this a joke?

    Fee Fi Fo Fum, I smell the blood of a trolling bum.
    --
    Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.
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