Is fraud propping up house prices ?

Graham_Devon

nollag2006 wrote: »

You repeatedly assert this, and yet dont have any evidence whatsoever to back it up.

I put it to you, that you are telling porkies.

Please prove me wrong, by posting a link

We both know that you can't.

ess0two wrote: »

Yeah,Yeah man up and show us a rightmove link.I dont dispute falling prices its just 40k apartments.

Shut me up once and for all.................

Took 30 secs...

http://www.rightmove.co.uk/property-for-sale/property-13188744.html

nollag2006

brit1234 wrote: »

+1

Another estate agent on the radio talking of meltdown, falling prices and higher LTVs due to falling prices. End of Fridays wake up to money:

http://www.bbc.co.uk/podcasts/series/money#playepisode1

Nolags buy to lets are placed in one of the few areas of London which have fallen in value over the last few years. He is getting very desperate with his fake accounts trying to ramp on the main board. He secretly knows it is over with the stamp duty changes and higher mortgage rates.

Oh dear brit - you are getting worse



Sometimes a picture says a thousand words.

Try this, from the Land Registry, for size:

[IMG]http://www1.landregistry.gov.uk/Apps/house-prices/house-price-index-custom-reports/hpi_report.asp?g=1&gt=1&a=Ealing&s=01 May 2009&e=01 February 2012&t=1[/IMG]

ess0two

Graham_Devon wrote: »

Took 30 secs...

http://www.rightmove.co.uk/property-for-sale/property-13188744.html

Does' nt look very much like city centre living to me,i let the OP supply the details thanks,i doubt it was ever 100k to start with either.

Jimmy_31

ess0two wrote: »

Yeah,Yeah man up and show us a rightmove link.I dont dispute falling prices its just 40k apartments.

Shut me up once and for all.................

I dont need to shut you up.

I dont need to show you 40k apartments to prove that i am right.

It really shows how much of a joke the property market is when people need proof that you can buy a new build apartment for 35k.

There is an auction in the next few week for a lot of 6 3 bed semis in my area, the prices start at 15k and work their way up to 40k, i wont be posting a link to these either.

Lots of towns in the north are dying, this is being reflected in the asking prices of the properties for sale, BTL landlords know its over around here but they have left it to late to sell.

Do a 40 mile radius search of manchester for flats/apartments under 50k and it wont be long till you find new build apartments under 40k, i just got 74 pages of results so you have plenty to choose from.

ess0two

Jimmy_31 wrote: »

I dont need to shut you up.

I dont need to show you 40k apartments to prove that i am right.

It really shows how much of a joke the property market is when people need proof that you can buy a new build apartment for 35k.

There is an auction in the next few week for a lot of 6 3 bed semis in my area, the prices start at 15k and work their way up to 40k, i wont be posting a link to these either.

Lots of towns in the north are dying, this is being reflected in the asking prices of the properties for sale, BTL landlords know its over around here but they have left it to late to sell.

Do a 40 mile radius search of manchester for flats/apartments under 50k and it wont be long till you find new build apartments under 40k, i just got 74 pages of results so you have plenty to choose from.

I'm more interested in the 40k city centre properties.

Gotta go i need to wash the Ferrari or is it a Bentley i've got.

nollag2006

Thought so Jimmy - you have made it up completely

Jimmy_31

nollag2006 wrote: »

You repeatedly assert this, and yet dont have any evidence whatsoever to back it up.

I put it to you, that you are telling porkies.

Please prove me wrong, by posting a link

We both know that you can't.



Au contraire Jimbo, I admire the intellectual rigour of your debates. I have learnt a lot about man-boys who live at home with their mummy in our cosy little chats



Thanks for the kind wishes Jimbo, but again you are being obtuse.

My two first BTLs are in Ealing and are both yielding very healthy rental returns and are also up well over 15% since purchase in May 2009, which is in line with the overall returns in Ealing borough, according to the LR:



I have since acquired another property in South London, which is also doing well, thanks



Don't really have the time or interest to do that Jimbo.

Isn't it time for lunch yet? Hope mummy has made you something nice

I put it to you that you think you sound clever.

I also put it to you that you make yourself sound like you are hiding something.

Jimmy_31

Graham_Devon wrote: »

Took 30 secs...

http://www.rightmove.co.uk/property-for-sale/property-13188744.html

Seems grahams rightmove hacking skills are just as good as mine;).

Jimmy_31

ess0two wrote: »

Brit i grew up in a rough northern town,and currently live just on the outskirts.

Its still rough in places,but i've yet to see properties there for 40k regardless,be it flat,house etc.

I've challenged the OP to put a rightmove link up,to which he fails to do.

So in conclusion its all lies......

As for the accusation from yourself,i've reported it...you can't keep accusing people who dont agree with you.

Is property realing falling where your looking to buy...NO,it maybe everywhere else.

Now stop be a tool and run along.

So because i dont want to tell people on the internet what town i live in, it is now all lies that flats/apartments/houses can be bought for under 40k in the north west.

In conclusion, i dont think you know how to use rightmove.

Edit to add..................GRASS

Jimmy_31

ess0two wrote: »

I'm more interested in the 40k city centre properties.

Gotta go i need to wash the Ferrari or is it a Bentley i've got.

Do you know the difference between a city and a town ?