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'We've reached a tipping point' Signs of house price weakness
Comments
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chucknorris wrote: »I don't see London falling, but I do see it stagnating for a while, because it surged so much (by stagnating I mean dipping and rising by small amounts, not necessarily completely flat). You were unlucky with Tottenham Hale, I know because we were looking there at the same time, and were shocked by how much they surged in a very short time. My wife was keener to buy than me, as I was half thinking that we had enough in property and should diversify. But the after increase, IMO it meant the value had gone for an investor, you as an owner occupier face a much more difficult decision.
looking back it may have been a good thing not to buy in tottenham
i'm now looking at stratford, which has superior transport links better suited to my future commuting needs
i was completely priced out of stratford in april but asking prices have fallen significantly in the last few months0 -
http://www.telegraph.co.uk/finance/newsbysector/constructionandproperty/11053878/London-housing-market-put-into-reverse-gear-by-surge-in-supply.html
Looks like all the HPC buzzwords are just everyday occurrences in comments sections nowadays?0 -
Crashy_Time wrote: »Looks like all the HPC buzzwords are just everyday occurrences in comments sections nowadays?
Especially after the link to the article is posted on HPC.....:rotfl:
This comment is interesting though......
"I see the doomster HPC brigade are trolling the boards again"“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
HAMISH_MCTAVISH wrote: »Especially after the link to the article is posted on HPC.....:rotfl:
Wow, you were quick off the mark there Hamish! Slow day in HPI land?0 -
“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
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House is priced at £300k and I will offer £400k!0
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http://www.housepricecrash.co.uk/forum/index.php?/topic/200468-i-like-to-start-the-day-with-al150k-drop-over-1-year/
Found one of yours Acorn. LOVE the driveway.0 -
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