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Debate House Prices
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Evening Standard: House prices down £100,000
Comments
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chrisandanne wrote: »Not sure where you live but I seem to think it's in the Nottingham'ish area.
Put NG5 into propertysnake and the first page shows drops of between 35% and 26%.
You are in denial. A x
On sales price the drops where I live are -9% YOY.
Surley property snake is asking prices.
Why am I in denail CaA I am only stating the fact for my locality.
But to answer your question I am about 50 miles from nittingham and not as north.
You are in denial if you think I have to make figures up;)
It stands to reason some places will be hit harder than others.
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Why am I in denail NDG I am only stating the fact for my locality.
Eh? What have I got to do with the price of fish?...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
neverdespairgirl wrote: »Eh? What have I got to do with the price of fish?
sorry wrong person I was reading one of your posts at the time.:o
will edit.;)0 -
Because it was never sold and they had to lower the price.:rolleyes:
That was an easy question can I have a hard one now please.;) (mewbie no inuendo please.:))
Problem is... on the way up, year after year, especially from 2001 onwards, people were buying at ever increasing inflated prices.
To turn around and call just the very peak inflated prices... which were the norm in 2006 and early 2007, a level which houses and flats were selling at.. well there is much inflated price still locked in to property - when compared with the life-support condition of the financial system and the outlook for the unwinding economy.0 -
Problem is... on the way up, year after year, especially from 2001 onwards, people were buying at ever increasing inflated prices.
To turn around and call just the very peak inflated prices... which were the norm in 2006 and early 2007, a level which houses and flats were selling at.. well there is much inflated price still locked in to property - when compared with the life-support condition of the financial system and the outlook for the unwinding economy.
I agree,
But if i were looking at falls or rises even I would always compared against identicle recently sold prices not "asking prices".
Asking prices can be very wishfull and when some on slashes £100K off it could be just coming down to realistic.0
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