Most are Priced out, will it ever change?

Bootski

I've lived here longer than any of my local EA's were born and wont take the lies and crap they tell my any longer.

THey are, one way or another, feeding me a load of todge and not actually doing what is in MY BEST INTERESTS.

IveSeenTheLight

Bootski wrote: »

Why? I thought this whole forum based was based on the information in got from this new tool??
EA's are screwed by this aren't they??

This whole forum is not based on information obtained from Property bee

I prefer actual sales prices as opposed to asking prices.

As an example: -

A property was last bought for £90k.
The owner wants to sell and tries his hand by marketing it for £150k
The property doesn't sell at that price.
The asking price is dropped to £120k and the property sells.

Now, did the property rise in value by 33%? ((120/90)-1)*100%
or
Did the propertylower in value by 20%? ((120/90)-1)*100%

The above shows how asking prices can be as innacurate and laughable as what original asking prices were set at.
Actual sales are far more respectable.

IveSeenTheLight

Bootski wrote: »

I've lived here longer than any of my local EA's were born and wont take the lies and crap they tell my any longer.

THey are, one way or another, feeding me a load of todge and not actually doing what is in MY BEST INTERESTS.

Yet, you are happy to use an asking price index :rolleyes:

kabayiri

Pssst, let you into a secret.

For many, living in the home counties/London is a mugs game.

I'm sure it's great for the young 20 somethings who are out clubbing and socialising all the time, or the rich minority banking and legal bods earning mega bucks.

But for your average bods with a family you get chronic value for money.

Come up North, where the rain is fresh, and your neighbour is blunt but honest.

Yeah it may be colder and wetter, but it's a nice feeling being able to afford a house and still have a few quid in your pocket for a pie supper on a Thursday teatime.

Yours,
The National Tourist Board of Manchester.

ukcarper

kabayiri wrote: »

Pssst, let you into a secret.

For many, living in the home counties/London is a mugs game.

I'm sure it's great for the young 20 somethings who are out clubbing and socialising all the time, or the rich minority banking and legal bods earning mega bucks.

But for your average bods with a family you get chronic value for money.

Come up North, where the rain is fresh, and your neighbour is blunt but honest.

Yeah it may be colder and wetter, but it's a nice feeling being able to afford a house and still have a few quid in your pocket for a pie supper on a Thursday teatime.

Yours,
The National Tourist Board of Manchester.

good idea if you can take your job with you

kabayiri

ukcarper wrote: »

good idea if you can take your job with you

You have to go and spoil it with mere details don't you?

It's not strictly true though its it? Have you ever seen the motorways on a weekend commute. The cars are mostly full of the North coming down to London for the work.

At some point, some bright spark is going to latch onto the idea of doing the work remotely using an invention I am going to call "telecommuting".

Yours,
The Inventions Board of Manchester

ukcarper

Does that include remote controlled robots for builders etc

Bootski

IveSeenTheLight wrote: »

Yet, you are happy to use an asking price index :rolleyes:

No No- not since I've taken any notice of them for the last 3 years!;) Nor anyones opinion on this board either

ninky_2

there is a way everyone could have their own home and that's if we consider home ownership across generations. if each person reproduced by no more than their own number (and possibly some didn't reproduce at all) then over a couple of generations everyone could afford to live in their own home - assuming inheritance tax didn't take them several steps backwards and that each generation was happy to pass their property onto the next rather than battersea dogs home or some such. in some ways (although not all) rampant reproduction has led to housing poverty.

Graham_Devon

chucky wrote: »

right to buy did not spike up owner occupier levels - it continued the increasing numbers. it made the increase a bit higher but in no way spiked it.

and tbf to Graham he is guessing that right to buy moved the numbers - he doesn't know...

Where did I say it spiked?

You are making things up.