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

Pete9501

Crashy_Time wrote: »

Pretty quiet on here lately?:money:

I think everyone has accepted that house prices are going up and up. Even the Dailywail today is reporting a 10% rise over the last 12 months.

What should we do to help those who sold there homes fearing a house price crash?

Are they at the mercy of ruthless landlords squeezing every penny out of them through rent for properties they could have bought?

What will they do with their dwindling pot hidden under the mattress?

Could they be sued for getting it so wrong again?

Will anyone take them seriously again?

movilogo

In my local town [1 hr commute to London], I have lately noticed that


* Many houses have prices reduced
* Some houses are being listed with 3-4 agents!
* Some houses are being pulled out of the market [RM showing No longer on market rather than SSTC/Under Offer]

ukcarper

movilogo wrote: »

In my local town [1 hr commute to London], I have lately noticed that


* Many houses have prices reduced
* Some houses are being listed with 3-4 agents!
* Some houses are being pulled out of the market [RM showing No longer on market rather than SSTC/Under Offer]

I've noticed a similar thing where I am but these properties are priced a fair bit higher than similar properties were selling at in the spring and early summer.

padington

Haringey up again in October so it seems. Ker ching. If haringey can do this in a run up to a general election with a mansion tax looming over London, what the hell will happen after the general election if anxieties are put to rest ....

wotsthat

Crashy_Time wrote: »

Pretty quiet on here lately?:money:

Obviously the last 'tipping point' wasn't THE tipping point and London didn't peak after all otherwise you and the crew would be all over it.

Meanwhile on HPC the 'is prime London crashing thread' rumbles on. I bet you can't give away houses in London by now.

KR200

Hate Price Crash not a fan of any form of investment!

In the world of hate and unfairness one needs to go to work. Earn an honest crust. Then buy a 3 bed semi for 3.5 average wage.

Lord forbid you've had a TR6 since the late 80's and sell it for the market rate. Which is 15 grand more than it cost.

I love HPC. They talk about bangernomics, how they have no TV and live on 50p a day. Value beans. Trouble is the rest of the world simply get on with it!

Bubble_and_Squeak

padington wrote: »

Haringey up again in October so it seems. Ker ching. If haringey can do this in a run up to a general election with a mansion tax looming over Lonon, what the hell will happen after the general election if anxieties are put to rest ....

loads of price cuts in haringey
oh, but your house is different

Bubble_and_Squeak

wotsthat wrote: »

Obviously the last 'tipping point' wasn't THE tipping point and London didn't peak after all otherwise you and the crew would be all over it.

Meanwhile on HPC the 'is prime London crashing thread' rumbles on. I bet you can't give away houses in London by now.

prime london is falling, no?

padington

Bubble_and_Squeak wrote: »

loads of price cuts in haringey
oh, but your house is different

Some cuts yes but more price increases. Haringey is on the rise. I advised you about this three years ago. You should listen more.

Bubble_and_Squeak

padington wrote: »

Some cuts yes but more price increases. Haringey is on the rise. I advised you about this three years ago. You should listen more.

yes, you're right
they're putting some fresh asphalt on the high road and a new bench outside morrisons
just watch N22 defy market forces