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Debate House Prices
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House Waiting Lists between 10 and 33 YEARS
Comments
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bernard_shaw wrote: »I wonder if liquidity has got anything to do with it?
Average New Build house in London is 447K.
Average New Build House in the North West is 178K.
http://timesbusiness.typepad.com/money_weblog/2009/12/the-best-and-the-worst-regions-for-new-build-homes-prices-1.html
Can you explain the difference in price, if not through supply and demand?“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
definitely feeling that 2.5 differential more than the 10 differential prev used imoPrefer girls to money0
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HAMISH_MCTAVISH wrote: »Or the fact that one is the most overcrowded city in the world, and the others are not.....
Nothing to do with liquidity, then? Why, then, is property so expensive on Malibu Beach Ca.? No overcrowding there!0 -
bernard_shaw wrote: »Nothing to do with liquidity, then? Why, then, is property so expensive on Malibu Beach Ca.? No overcrowding there!
Limited supply.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
HAMISH_MCTAVISH wrote: »Well obviously not..... as despite credit reducing by 50% from peak, prices are now just over 10% down from peak.
Other places have not faired so well and you know it Hamish!
+1 for trying though
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HAMISH_MCTAVISH wrote: »Average New Build house in London is 447K.
Average New Build House in the North West is 178K.
http://timesbusiness.typepad.com/money_weblog/2009/12/the-best-and-the-worst-regions-for-new-build-homes-prices-1.html
Can you explain the difference in price, if not through supply and demand?
Nothing to do with liquidity, then?0 -
would really be better to compare each area in relation to its wage imoPrefer girls to money0
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the_ash_and_the_oak wrote: »would really be better to compare each area in relation to its wage imo
Indeed, the amount of cash available plus the amount of credit available is part of I mean by 'liquidity'.0 -
bernard_shaw wrote: »Nothing to do with liquidity, then?
I could do with a bit of liquidity right now. I foresee Wetherspoons supplying my demand later today.0
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