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Debate House Prices
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Rightmove asking prices -0.8% MOM + 6.5% YOY
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Graham_Devon wrote: »To be fair, it was associated with the wrong type of rain.0
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Thank goodness. This news will put a spring in the step of the firs-time-buyer-renter this week I should have thought.
Hopefully canny buyers will use this development to pound with the hammer of reality on the delusional doors of kite flying vendors, too.0 -
Asking prices are just the froth on a coffee being poured in a London lift named 'sterling'.
There really is going to be a golden opportunity to sell up in about five years time and go travelling for a long while until the market crashes again.
More we try to compete on quality, which we will, less the price of the pound will matter and boy, the public sure likes cheap holidays ..
Whilst in five years time, with the current investment pouring in, London's going to be one hell of a city, where rich foreigners will fight tooth and nail to have a place near the party and more people than ever predicted will be attracted to a hugely thriving tech, culture and financial city state abundant in jobs.
This says it all for me ...
Expect airbnb to become HUGE, sharing rooms to become common and commuting to become an absolute nightmare.
The regions might not go in the way of the 'Hunger Games' but the capital certainly will.Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.0 -
Look, if you pass the rubber I can explain this whole thing.. no hang on... if you hold it upside down it's fine, actually it looks good!0
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How many people do you know that would like to buy a pad in London.
Now think how many people you know that would like to sell one.
Now think some more.Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.0
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