house price recovery will end, estate agents say

chucky

abaxas wrote: »

I think you'll find that the %age 'owner occupation' has gone down over the last few years.

reduced to 67%, 68%, 69% or, that's why i said nearly 70%


http://en.wikipedia.org/wiki/Owner-occupier#International_statistics

abaxas wrote: »

Also, as you already know, no-one in this country owns property, so 'owner occupied' is a blatant lie.

ok then - if it makes you feel better.

you're cleverer than this abaxas. i know it's Friday afternoon but you got to try harder.

PasturesNew

chucky wrote: »

...it's Friday afternoon ...

Oh blimey ... so it is!!! My brain was telling me it's only Wednesday. Weekends are great aren't they! Just like weekdays, only without the guilt of not actually working

carolt

Nah - I have the guilt permanently. Downside of also working from home.

carolt

Fancied bumping this thread in the interests of balance v Turnbull 2000's (now there's an appropriate username if ever I saw one!) shameless ramping.

Doctor_Gloom

House prices have been falling in my local area for quite some time now. And to be honest I can only see them falling even further in the months to come.

carolt

I couldn't agree with you more.

twadge_face

StiflersMom wrote: »

House prices, certainly round my way in West London, are ticking up nicely TYVM

That's interesting.

During a rare foray onto Rightmove for the first time in a few weeks (with Property Bee, of course) I was pleased - in fact I was pleasantly surprised - to see a number of 2-3 bed flats/maisonettes with reduced asking prices.

Been looking for a couple of years, so the context (and thus my Property Bee database) is pretty broad. Most of the reductions I noted were properties originally listed either last year or at the start of 2010.

That's South East London, zone 3-4 -ish.

I mean, seriously, where does the money come from without the Bank of Mum & Dad? Now apparently required for 80% (4 out of 5!) of all sales.

http://www.dailymail.co.uk/news/article-1287785/Bank-mum-dad-helps-80-time-buyers.html

Still not sustainable, imho.

Percy1983

In my case the BOMAM having nothing to give me so me and my other half are fast approaching 30 and we are delaying having children until we have a home for them. Yes we will get a home eventually but at what cost scares me slightly.

chucky

!!!!!!_face wrote: »

I was thinking 35% with an implementation at the start of the next tax year, i.e. April 2011

it looks like you were well out with your prediction Mr T. Face

twadge_face

chucky wrote: »

it looks like you were well out with your prediction Mr T. Face

Your prediction on CGT was 22%, 6% under. Whereas I went for 35%, 7% above. 28% does seem underkill given the "let's make it 40% - no! - 50%" hype.

As for the implementation date it was well off (perhaps not for the well off), obviously! LOL.

Interestingly, they deferred the VAT implementation, which is also not what I anticipated.