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Believe Media has de-valued home

24

Comments

  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Phirefly wrote: »
    Hardly. People like the OP really exist.

    Maybe you are correct :confused:
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • robin_banks
    robin_banks Posts: 15,778 Forumite
    Part of the Furniture Combo Breaker
    OP is a WUM
    "An arrogant and self-righteous Guardian reading tvv@t".

    !!!!!! is all that about?
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    edited 12 October 2009 at 12:07PM
    StevieJ wrote: »
    Can't you spot a wind up icon7.gif


    A quick glance at the last couple of posts would suggest OP is a serious poster, could be wrong and didn't check context, but....

    I agree with Phirefly on this.
  • mizzbiz
    mizzbiz Posts: 1,434 Forumite
    If you bought a whole house for £106k in 2007, then i'm guessing the house is in a really rough area. Areas like this saw a ridiculous rise in prices due tot eh BTL market snapping them up, and they are the areas that will see the biggest falls as they're still undesirable.

    At the price paid at the height of the boom, the rental income in these bad areas is highly unlikely to cover the mortgage as house price does not affect desirability. When you can get a house in a nice area for a little more than in a really bad one, especially when it's a renters market, who is going to choose to live in a slum?

    I think prices in this bracket will see the biggest adjustment to mean value over the course of this crash
    I'll have some cheese please, bob.
  • blunt_crayon
    blunt_crayon Posts: 168 Forumite
    fleur wrote: »
    There has been alot of media attention in my road, the past couple of weeks and all for the wrong reasons.
    Barwell, Leics?

    http://news.bbc.co.uk/1/hi/england/leicestershire/8279106.stm
    plus ça change........
  • JWF
    JWF Posts: 363 Forumite
    My house is lower in value than 2007. I believe this is because my neighbour doesn't cut their lawn often enough, thus devaluing properties in the whole of Kent.

    Can I sue them?
    All I seem to hear is blah blah blah!
  • penguine
    penguine Posts: 1,101 Forumite
    Part of the Furniture Combo Breaker
    blunt_crayon wrote: »
    Barwell, Leics?

    http://news.bbc.co.uk/1/hi/england/leicestershire/8279106.stm

    That was my first thought too.
  • mizzbiz
    mizzbiz Posts: 1,434 Forumite
    blunt_crayon wrote: »
    Barwell, Leics?

    http://news.bbc.co.uk/1/hi/england/leicestershire/8279106.stm

    That would support my synopsis above.
    I'll have some cheese please, bob.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    mizzbiz wrote: »
    If you bought a whole house for £106k in 2007, then i'm guessing the house is in a really rough area. Areas like this saw a ridiculous rise in prices due tot eh BTL market snapping them up, and they are the areas that will see the biggest falls as they're still undesirable.

    more urban myths or is this an actual fact :confused:
  • Pete111
    Pete111 Posts: 5,333 Forumite
    Mortgage-free Glee!
    fleur wrote: »
    There has been alot of media attention in my road, the past couple of weeks and all for the wrong reasons.
    I bought my house in 2007 for 106 thou, according to the survey it was "in a state of disrepair", but I liked it and has a good size garden. I've had all the windows/doors replaced with double glazing, loft insulated, new boiler and new electric circuit board, the previous one was dangerous. Some houses are full sale in my road and they have all bought there prices down. One has gone on the market for £80 thou and another which is nice and has been decorated nice with a conservertory has bought the price down to 97 thou.
    Would I be able to claim compensation from the media and if I could, how do I go about it?[/QUOTE]

    Just put your complaint in writing in a big envelope marked 'The Media, Newsland ' and post it in the big red post b....actually maybe you should send an email.


    Seriously though OP - are you for real?
    Go round the green binbags. Turn right at the mouldy George Elliot, forward, forward, and turn left....at the dead badger
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