Debate House Prices


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'We've reached a tipping point' Signs of house price weakness

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Comments

  • Mummy100
    Mummy100 Posts: 15 Forumite
    Lots of reductions in brighton At least a quarter of all listings on rightmove everyday are reduced. Flats first and a few houses Bring it on things are ridiculous here
  • MobileSaver
    MobileSaver Posts: 4,349 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Blooloo wrote: »
    Not sure why another persons decision is an issue for you.

    They can make whatever decisions they like, my issue is that they then complain about it.
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • Bubble_and_Squeak
    Bubble_and_Squeak Posts: 1,165 Forumite
    Mummy100 wrote: »
    Lots of reductions in brighton At least a quarter of all listings on rightmove everyday are reduced. Flats first and a few houses Bring it on things are ridiculous here

    over a quarter of the RM listings in the areas i'm following are reductions. with an election looming there is no time or political will to prop up prices in the short term. by the time they do intervene and the measures take effect the titanic will be a scattered mess littering the ocean floor...
  • gallygirl
    gallygirl Posts: 17,240 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Around 20-25% of properties in my local town (East Mids) have reductions. Some I'm ignoring as they were just priced wrong to start with - but that still leaves 15-20%. Highest cut is 11% and most are 5%.

    Where office is based - 5 miles from end of tube line in Herts - about 20% with cuts, average around 7%. Jeez, just spotted a 3 bed flat there for 800k :rotfl:.
    A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
    :) Mortgage Balance = £0 :)
    "Do what others won't early in life so you can do what others can't later in life"
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Crashy_Time wrote: »
    people who think BTL is an "investment" usually don`t have any clue how to find other profitable investments.



    Is that so? Then do elaborate, where are these 'profitable investments'? For the record my wealth is currently stored/invested as follows:

    2% cash
    9.5% DB pension
    19% shares
    20% home
    49.5% investment property
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • Blooloo
    Blooloo Posts: 126 Forumite
    MobileSaver wrote: »
    They can make whatever decisions they like, my issue is that they then complain about it.
    Isnt that the exact corollary of a person having made a decision and boasting about it?

    Plenty of that here.
  • lisyloo
    lisyloo Posts: 30,077 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    my issue is that they then complain about it.

    If you don't like complaints (or boasts) then I think you're in the wrong place :-)
  • Bubble_and_Squeak
    Bubble_and_Squeak Posts: 1,165 Forumite
    chucknorris wrote: »
    Is that so? Then do elaborate, where are these 'profitable investments'? For the record my wealth is currently stored/invested as follows:

    2% cash
    9.5% DB pension
    19% shares
    20% home
    49.5% investment property

    the safest one at the moment looks like cash
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Bubble_and_Squeak wrote: »
    the safest one at the moment looks like cash



    I'm not particularly interested in something that guarantees a loss.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • Bubble_and_Squeak
    Bubble_and_Squeak Posts: 1,165 Forumite
    chucknorris wrote: »
    I'm not particularly interested in something that guarantees a loss.

    how are the shares going?
    i'm down about 2% over the last 2 weeks or so.
    with EU (our biggest trading partner) deflation and the end of US QE UK equities look a touch overvalued
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