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Debate House Prices
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Sellers refuse to budge........
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Chatham.
That's where the 'Chav' actually comes from. I dont think its des res at it goes.sibley
you have a pathological desire to keep house prices high, which i believe is because you are terrified
i think you have over-extended yourself and cannot afford for prices to fall....i can smell the fear in your posts
lets look at some facts, rather than your drivvel- land registry says house prices are down 3.2% in the last year, and the speed of falls is picking up
- even kensington and chelsea are showing price falls
- look on property snake for the number of price falls
- use propertybee software...it shows that virtually every house in every postcode in britain is having money knocked off
you bought a filthy little buy to let house in some undesirable postcode and you can see the walls closing in on you
you are running scared......and we are all laughing at you
You flip burgers and have a CCJ.
Seen it all before.We love Sarah O Grady0 -
sibley = mr ree's = STR filth = grandstand frank
you sad little man0 -
Grandstand_Frank wrote: »It's all made up, to impress people on this board. He clearly is a 40+ male, without a girlfriend and still living in the box room at his mothers house.
here's some for you, !!!!!!
a bit of negotating and these could all be had for close to 1100pcm......try buying one of these for less than 500k......
and before you say they are not 500k houses, just look at sold prices in dorking or shere.....
http://www.rightmove.co.uk/property-to-rent/property-32221957.html
http://www.rightmove.co.uk/property-to-rent/property-21066366.html
so....sibley/mr ree's/STR filth/grandstand frank (same person) had a clue, you'd realise that the smart money moved out of home ownership years ago0 -
Sellers won't budge because they don't have to drop their dream homes one pence less than what they ask for. Conversely renters will have to budge at least when their short term tenancy agreement is up. Good times.
Not sure if its got anything to do with renters - isnt it buyers v sellers in this particular debate?
Anyway - as I said. Sellers can ask what they like - and not budge. However they may also have to put up with not selling their home. Of course if they dont NEEd to then thats not a problem. Dissapointing maybe if there looking for a change but not a problem.
Buyers can only offer what they can afford and what the banks can lend. That puts a cap on offers regardl;ess of how sellers feel. that figure is dropping really, as jobs go, pay freezes continue, fuel/utilities/food prices rise and banks get more stringent in who they lend to and how much they lend.
Ultimately, if sellers cant afford to sell for less - or arnt prepared to, you get a stalemate. Prices dont come down but houses dont sell. Those wanting to sell buy have to rent because they have no choice. No-body wins. Lower prices mean everybody wines except a very few. Buyers can afford homes, those moving up the ladder get a cheaper upgrade. The only ones who loose are those downgrading (maybe after than family has left), people using property as an investment (not BTL landlords here - its not generally the property that is the investment, its the tennants) and those silly silly people with interest only mortgages and no vehicle in place to fund the capital (those who are relying on price increases to generate equity in their homes - so they sell later to downgrade and use that equity).
I really dont get why the government, or owners get so hung up on prioce drops. It really means absolutly nothing in the end - its the realative prices of various properties that matter - and they dont generally change much.0 -
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All this rubbish talk about prices crashing. Where exactly?.....
Although we are waiting for a completion date on our SE London property, we will still be getting about 17% less than prices achieved for identical properties at the time of Northern Rock going belly up.
Everything else is a fantasy letter to Santa, hoping that prices will recover.
And here we are, coming up to the fifth christmas that it was all going to be over by.
..._0 -
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No-one wants to live in Chatham ......
Where people want to live is where the prices are up 20% since September.
Sellers don't budge and have won the battle - and the war.
There is no crash, never will be either ....
:rotfl::rotfl:
show me one place in britain where prices are up 20% since september
come on...use land registry data to show us.....
here's your link, sibley......
http://www1.landregistry.gov.uk/house-prices/house-price-index-custom-reports0
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