Watch out, the great £50bn property unload is about to begin

chucky

Graham_Devon wrote: »

Telegraph thinks its an issue. FSA thinks it's an issue.

Chucky is trying to tell us it's simply not an issue.

Make your own decisions as to who to believe.

beware the intellectual juggernaut has attempted to contribute to the thread :money:

Exocet

chucky wrote: »

beware the intellectual juggernaut has attempted to contribute to the thread :money:

He pretty much nailed it for me.

chucky

Exocet wrote: »

He pretty much nailed it for me.

top bombing Exo - how was your tea?

carolt

chucky wrote: »

beware the intellectual juggernaut has attempted to contribute to the thread :money:

What a constructive post.

Blacklight

carolt wrote: »

What a constructive post.

Well it made me smile more than you trying to bump old posts to send the good news to the second page.

carolt

What - 'the good news'? As in the only bit this month, versus the dozens of bits of news that clearly point to falling house prices?

Too darn right I am.

It's a dull job, but sometimes you just have to do your duty.

Blacklight

carolt wrote: »

What - 'the good news'? As in the only bit this month, versus the dozens of bits of news that clearly point to falling house prices?

Too darn right I am.

It's a dull job, but sometimes you just have to do your duty.

You're the personification of the fickle UK public Carol, with the same short term memory problems.

The only news this month that the press have seized upon in order to sell more newspapers were the 4% less surveyors than last month expecting prices to rise, the Price Waterhouse report that stated earnings to borrowing ratio might come down and a fall of 0.6% in asking prices on Right Move.

All pretty speculative and subjective measurements which have been recycled over and over again.

On the other hand the number of homes sold last month went up 21% and we have the largest monthly rise in GDP since 1999, unemployment has fallen yet again, inflation has fallen and mortgage lending has risen.

Facts that you cannot argue with and unlike you Carol I like to work with facts and not 'maybe' or 'could' or 'might do but probably won't but don't let that stop you from being suckerd into buying my newspaper'.

torontoboy45

can someone help me out here: is there a clear link between commercial property prices and residential?

if there is - and evidence can be provided - I don't see a problem with the thread.

Graham_Devon

Blacklight wrote: »

Facts that you cannot argue with and unlike you Carol I like to work with facts and not 'maybe' or 'could' or 'might do but probably won't but don't let that stop you from being suckerd into buying my newspaper'.

I think you'll find she can.

Hope she doesn't though, I can't be bothered reading anymore personal slanging cr*p in response to anything that doesnt fit your viewpoint.

Really2

torontoboy45 wrote: »

can someone help me out here: is there a clear link between commercial property prices and residential?

if there is - and evidence can be provided - I don't see a problem with the thread.

Yes and no, they both fall in value when land falls and in times of recession etc.

But

Just because one falls this does not mean the other will.
This would only affect commercial property if it happens as it would increase supply (but if they are not empty it may not effect value).

It would be like trying to make out house repossession would effect the value of commercial properties.

They have one link and that is land values so if land decrease in value in general so should both of the others.
But I do not think both are directly linked but both are exposed to the same fragilities(land and the economy) so they will perhaps mirror each other at times.