House sellers' move to raise asking prices is 'illogical', says Rightmove

Bangkok-Dave

Basically its the 'buy my house for X.... and if you cant afford it... then keep renting'. attitude.

Where only the rubbish homes will be put on market. I bought my house for almost same my vendor payed for it 6 years before. There was no way she was going to go any lower than that because in her head she was 'losing' something, she had two homes, didnt need to sell them as she could've easily rented the thing out (good area)...

Basically people will take homes off market and maybe start renting them out again... or as per last mini-crash people will wait it out for a couple of years at least.

Good post. My thoughts exactly. No need to sell cheap.

So all that garbage the bears have been posting for the last few weeks is not even worth thinking about. Last month house prices supposedly went down 3% and this month up 3%.

I said at the time it wasn't worth worrying about. Up and down 1% until Xmas. Yawn.

Are there any bargains? No.

downshifter98

The abundance of houses for sale is mainly a consequence of HIPS being binned - people are putting 'for sale' signs up on 'spec' and often on houses that are perhaps not the best quality - as a result buyers have backed off and now, seemingly, so have the sellers. All I mainly see nowadays are skips and building work as it just doesn't pay to move unless you have to. As regards the lack of FTB's I don't see that as much a major problem as long as parents/grandparents continue to dig deep for deposits to help out (merely speeding up inheritance?). A couple of years sideways movement won't do any harm anyways...

Sibley

I think it's funny how the bears go into frenzy mode when any drop news occurs. The bears just give it the cool one when prices rise.

One side have dough in their pockets. That's the reason why.:)

googler

CloudCuckooLand wrote: »

Has there ever been a Monopolies commission investgation, or cartel-type investigation into EA activities? Time for one?

Who would you suggest is doing the monopolising?

What would the remit of such an investigation be?

neverdespairgirl

Sibley wrote: »

I think it's funny how the bears go into frenzy mode when any drop news occurs. The bears just give it the cool one when prices rise.

One side have dough in their pockets. That's the reason why.:)

Speaking personally, I'll have a lot less cash once I do buy a house!

JonnyBravo

RenovationMan wrote: »

I know that I've never been poorer than I am right now .

It'll be good once youre finished though.

Been there and now got the T-shirt and the satisfied grin.
In 2 weeks I'll be mortgage free to top it off.

:j


Party!

Sibley

Speaking personally, I'll have a lot less cash once I do buy a house!

Why?

You're a bird. Just get hold of some geezer who's either got a house or get up the duff and let him pay the mortgage.:rotfl:

I ought to charge for this advice.

neverdespairgirl

Sibley wrote: »

Why?

You're a bird. Just get hold of some geezer who's either got a house or get up the duff and let him pay the mortgage.:rotfl:

I ought to charge for this advice.

Done that, already. Got hold of "geezer" and the result of being "up the duff" has just turned 5 and started primary school.

But I earn nearly as much as said "geezer" anyway.

With charm like that, no wonder you couldn't pull in the UK.....

Sibley

Done that, already. Got hold of "geezer" and the result of being "up the duff" has just turned 5 and started primary school.

But I earn nearly as much as said "geezer" anyway.

With charm like that, no wonder you couldn't pull in the UK.....

I'm poleaxed

I thought you was single. I was going to have a crack at pulling you.

Oh well. It's your loss. There thousands of birds who fancy me out here.

Sibley

I think it's fairly safe to say that when your wallet's empty none of them will want to have anything to do with a ponce like you.

I left the UK because of people like you.

I know your type. Old and past your sell buy date. You can't get a partner, live in a bedsit and work in a factory making christmas crackers.

You see some bloke like me walking about with a sexy Thai girl and say junk like ' He has to pay her, bet he couldn't get a decent bird like me' :rotfl:


I won't have an empty wallet while people like you are paying my mortgage off either. :beer: