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Debate House Prices


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do you think these sites showing house prices

has had an effect in keeping them up? was it better when we had no idea what our neighbours property was selling for? i think so.

Comments

  • Linton
    Linton Posts: 18,400 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Hung up my suit!
    Didnt house prices rise before the internet? In any case if house prices really were falling sellers can see this and price their houses appropriately. If they didnt know that house prices were falling they wouldnt.
  • dori2o
    dori2o Posts: 8,150 Forumite
    Part of the Furniture 1,000 Posts
    Before the internet all you had to do was contect the Land Registry, so the information was in the public domain anyway.

    Another TWH fail.
    [SIZE=-1]To equate judgement and wisdom with occupation is at best . . . insulting.
    [/SIZE]
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    edited 11 January 2013 at 7:14PM
    I used to look in the local estate agents window, gave guide.
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • daveyjp
    daveyjp Posts: 13,819 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    dori2o wrote: »
    Before the internet all you had to do was contect the Land Registry, so the information was in the public domain anyway.

    Another TWH fail.

    The practice of the Land Registry releasing price details is a recent introduction. Websites now offer this data, but the Land Registry putting it into the public domain does not preceed the internet.
  • CWSmith
    CWSmith Posts: 451 Forumite
    Years ago, the price of a house would be on the "for sale" board outside the property.
  • all i am saying is that nowadays, you know that your next door neighbour got say, 300k for their house, so now you will not accept a penny less. in the old days, you knew your neighbour was selling for 300k but you didn't know if he got 300k or 260k. so you might have been more flexible in your attitude to selling.

    even if you could get the info from land registry - and i'm not sure you could - it was hard to do and the majority of people didn't. now, the majority of people do.
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