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Debate House Prices
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house prices
Comments
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The_White_Horse wrote: »i went to see a shoe box house (i didn't realise quite how small it was until I saw it for real) at the weekend. these people bought it for 360K in 2010 and want 430k for it now. they honestly believe that in two years of almost 0% rises, their tiny house has magically gone up 90k.
the real joke is that some moron will probably buy it. if you look at houses on the same road on Zoopla you can see they sold in 2011 for LESS than they paid in 2010 ie 340k ish. madness.
They paid £360k and they asking £430k
430 - 360 = 70
Given that people can now track historical prices, a hike like this in the current market has about as much chance as a snow ball in hell.0 -
shortchanged wrote: »RenovationMan wrote: »I could ask you why you care if I care
Because you don't care about house prices Renoman. So I wonder why it is of any interest to you?
The part of my text that you quoted seems to be missing a large amount of information. I've copied it below for you just in case you missed it.RenovationMan wrote: »One last question for shortchanged.
Have you 'given up' completely and will now avoid me on the forum and not participate in any discussions with me or indeed make any sly digs at me that could end up in debate/discussion.
Or is your 'bye' just confined to this particular discussion and the difficult questions you refuse to answer?
I hope it is the former because otherwise people might start suggesting that you lost a discussion and flounced out of it, then returned in later discussions to get revenge, desperately hoping that people had forgotten about your drubbing here.
Don't be that guy, shortchanged. Stick to your guns and put me on Ignore and show the forum that you refuse point blank to debate anymore with someone who 'grinds people down' and who is 'relentless' and a possible 'professional interrogator in real life'.
Once you have gone back to that thread and answered the question, then I'm happy to continue discussions with you. Until you do, this is the only response you will receive from me. I'm basically holding you to your Word of honour, that you 'refuse point blank to debate anymore with someone who 'grinds people down' and who is 'relentless' and a possible 'professional interrogator in real life'.
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They paid £360k and they asking £430k
430 - 360 = 70
Given that people can now track historical prices, a hike like this in the current market has about as much chance as a snow ball in hell.
Unless there are significant improvements I would agree. However, we are up 3% locally on our original well below ballpark purchase price (30% off) sure you shouldn't have all bough by now? Price of gold falling and bank of England supporting inflation.0 -
They paid £360k and they asking £430k
430 - 360 = 70
Given that people can now track historical prices, a hike like this in the current market has about as much chance as a snow ball in hell.
Freinds of mine bought their london place (Wimbledon) in April 2006 - 1.5 years off peak - for 500k.
In that time, they had it repainted internally, put in a new family bathroom, new front door and installed some nice blinds in the rooms the front. Total cost of improvements? less than 15k.
It's just gone under offer at 730k. Thats a 43% profit during a 'house price crash'.
Go figure.Go round the green binbags. Turn right at the mouldy George Elliot, forward, forward, and turn left....at the dead badger0 -
somethingcorporate wrote: »Baby Boomers - those born after the war. http://en.wikipedia.org/wiki/Baby_boomer
Largely to blame for the whole world's woes (according to some)...
And of course its total Boll**ks.
In a few decades it will be "the millenium children" who are to blame.
(I fall in between as i was born late 60s, so Im not defending my own position here).0 -
Someone sold a parking space in my street for £190k the other day, they only paid £110k for it 2 years ago.0
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Im some parts of the country, there have been significant property price rises over the last 2 years. The big drop was 2007-2009, since when it has been generally static (with fluctuations) countrywide BUT locally ....0
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Freinds of mine bought their london place (Wimbledon) in April 2006 - 1.5 years off peak - for 500k.
In that time, they had it repainted internally, put in a new family bathroom, new front door and installed some nice blinds in the rooms the front. Total cost of improvements? less than 15k.
It's just gone under offer at 730k. Thats a 43% profit during a 'house price crash'.
Go figure.
There's this guy who's cousins sister brother bought a house for £60k two years ago. They changed the colour of the front gate from blue to green. It's just gone under offer for £1.6m. They are currently negotating to buy a similar house in the same street for £52k. Yes, you guessed....blue gate again.0 -
homelessskilledworker wrote: »It's only a matter of time now before house prices will reflect the economy we are living with.
Yes and the economy is only going one way, its not up.
Yet those ramping property on here somehow still think house prices will weather the storm somehow. It is going to be a very big storm when the problems they keep putting into the future can not be kicked down the road anymore.Imagine if China started paying housing benefit the same as the UK. Half a billion people would move from the slums in tin can huts to all these new apartments they are building every year. Property prices would double from where they are now.0
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