There's 185 'Millionaire Rows' in Britain!!!!! and London is STILL rising...

geoffky

father xmas was spotted in Oxford street according to the daily hate..just goes to show you should not believe a paper written for stupid people.

LondonMoneySpendingExpert

Brit, what do you do for a living?

breadlinebetty

dimbo61 wrote: »

Changes in Housing benefits and general downturn will start to effect even London.
Less demand from rich foreign buyers and BIG cuts in HB will start to reduce demand for big houses
But we shall wait and see

I think you'll find that there's a lot of PRIVATE renters in London, some very rich ones too! So HB doesn't matter as far as that's concerned.

Often the very big houses are sought out by the wealthy - so again - HB makes no odds at all!

And it's foreign buyers who actually WANT to invest in London - it's always been that way - and always will be.:money:

breadlinebetty

firsttimetom wrote: »

What a non story, and very misleading thread title on your part (although I am sure you are aware of that). The article refers to 'prime property' - I doubt Roman Abramovich and his mates are on MSE reading this thread with a huge grin on their face.

In the real world, London house prices only managed a 0.3% annual rise according to the land registry, and with inflation at nearly 5%, that actually represents a DROP in London house prices.

The latest Land Registry report is here if you do want to have a read on it: http://www.landreg.gov.uk/upload/documents/HPI_Report_Oct_11_tr7lk6.pdf. I realise this is Octobers report, but as they are based on actual recorded sales, rather than a spokeman from a second rate website who only monitors asking prices, there is a bit of lag.

Novembers Land Registry report actually comes out tomorrow so I look forward to seeing you start a thread when it does.

With high inflation EVERYTHING loses value, cars for example! So that's a kind of non-story in itself. Yawn.

But like it or lump it, London prices have RISEN - unlike properties up north - where you live.

breadlinebetty

brit1234 wrote: »

The above poster is actually Nollag2006, he has about 20 fake accounts to try and launch property propaganda. He is a buy to let landlord in Hounslow London and is concerned for falling house prices in the area. He has been made aware of the Land Registry showing house price falls in London and has also been aware that the foreign money propping the top end of the market has more than halved in the last 6 months.

If London prices continue to fall he could be in financial trouble, hence the spin.

Here is a list of his accounts here.

• CharlesPhillips
• DaisyWheel
• EdwardJenson
• HARSA
• Jack Johnson the acorn
• Saiorse
• SpudBeast
• Thermidor
• Tom Pickering
• breadlinebetty
• chucky
• ess0two
• gingermingerr
• missmoneywendy
• moneyinmypocket
• mrandmrswilliams
• nollag2006
• pennyfarthings
• pineapplefool
• rosebeergoggles
• sirin
• stevesmith2011
• sweetpee

I think the scale of house price falls nationally will dramatically increase as London produces bigger falls. Did anyone really think there would be an endless supply of foreign money coming in especially when new property taxes are being discussed?

I'm going to report you. You're mad, and you're stalking me. I am NOT Nollag - so go and take a hike!

breadlinebetty

brit1234 wrote: »

The above poster is actually Nollag2006, he has about 20 fake accounts to try and launch property propaganda. He is a buy to let landlord in Hounslow London and is concerned for falling house prices in the area. He has been made aware of the Land Registry showing house price falls in London and has also been aware that the foreign money propping the top end of the market has more than halved in the last 6 months.

If London prices continue to fall he could be in financial trouble, hence the spin.

Here is a list of his accounts here.

• CharlesPhillips
• DaisyWheel
• EdwardJenson
• HARSA
• Jack Johnson the acorn
• Saiorse
• SpudBeast
• Thermidor
• Tom Pickering
• breadlinebetty
• chucky
• ess0two
• gingermingerr
• missmoneywendy
• moneyinmypocket
• mrandmrswilliams
• nollag2006
• pennyfarthings
• pineapplefool
• rosebeergoggles
• sirin
• stevesmith2011
• sweetpee

I think the scale of house price falls nationally will dramatically increase as London produces bigger falls. Did anyone really think there would be an endless supply of foreign money coming in especially when new property taxes are being discussed?

So why are YOU desperate to buy in London then?:money:

You're just trying to talk property prices down for youn mean mitts! I would give up if I were you - you've been doing it for years - and it still hasn't worked!:D Most laughable prediction YOU ever gave was when you said London properties would fall by 50% by Christmas 2009!!!!:rotfl::rotfl::rotfl::rotfl:

And they've all gone UP UP UP!!!!!!!!!!!!!!!!!:rotfl::rotfl:

LondonMoneySpendingExpert

breadlinebetty wrote: »

So why are YOU desperate to buy in London then?:money:

You're just trying to talk property prices down for youn mean mitts! I would give up if I were you - you've been doing it for years - and it still hasn't worked!:D Most laughable prediction YOU ever gave was when you said London properties would fall by 50% by Christmas 2009!!!!:rotfl::rotfl::rotfl::rotfl:

And they've all gone UP UP UP!!!!!!!!!!!!!!!!!:rotfl::rotfl:

:rotfl: HaHaHaHaHaHaHaHaHaHaHaHaHaHaHaHa :rotfl:


Therefore should I assume what ever Brit say equals BS?

.

breadlinebetty

Isleman wrote: »

.. and the average wage will be 200K ..because of the inflation :rotfl:
One loaf of bread £5 . That is a shocking thought !

Yeah, and look how cheap your mortgage repayments will seem in 20 years time! Mortgage repaymentss become peanuts after 10 years or so with inflation.

It's a win win situation!:money:

moneyinmypocket

We need higher house prices! Renters must submit and buy - stop drinking your money away and buy a house

dimbo61

The cut in HB will effect landlords who rent to people on benefits
The highest rents are charged in London so guess what lots of properties back on the rental market