Properties with the biggest drops in prices

Crashy_Time

HAMISH_MCTAVISH wrote: »

High prices do not necessarily = a bubble.

If price rises are caused by a genuine shortage of supply then it is by definition not a bubble.

You can't determine a bubble by the level of prices alone.

Looks like many more people are just opting to stay in their cardboard shelters, at least until winter kicks in?


http://www.telegraph.co.uk/finance/personalfinance/houseprices/11062814/House-price-outlook-highly-uncertain-warns-Nationwide.html

Crashy_Time

Jack_Johnson_the_acorn wrote: »

If he can't afford to buy what he wants it's a bubble.... If prices increase then its a bubble, if asking prices get redcuced that proves sold prices are crashing (even if they sell for more than the previous sale)

Do you agree that asking prices are crashing in London?

Jack_Johnson_the_acorn

Crashy_Time wrote: »

Do you agree that asking prices are crashing in London?

Nope, it's hard to say what they are doing without some serious analysis, I doubt either of us are prepared to do that, posting links to "rightmove' doesnt count as serious analysis

From a brief glance one might rightly or wrongly conclude that asking prices are moderating after a massive increase..... I couldn't say firmly one way or the other.

In_For_A_Penny_2

Crashy_Time wrote: »

Do you agree that asking prices are crashing in London?

No data supports this.

Jack_Johnson_the_acorn

In_For_A_Penny wrote: »

No data supports this.

That simple fact doesn't deter him! Hahahaha:rotfl:

Bubble_and_Squeak

i think maybe of the posters on this board must be the estate agent behind the ingenious sales tactics employed here:

http://www.rightmove.co.uk/property-for-sale/property-43950499.html

if it doesn't sell after 3 weeks stick £100k on the asking price
but, but the stats say house prices are going up?
whats going on?

Jack_Johnson_the_acorn

Bubble_and_Squeak wrote: »

i think maybe of the posters on this board must be the estate agent behind the ingenious sales tactics employed here:

http://www.rightmove.co.uk/property-for-sale/property-43950499.html

if it doesn't sell after 3 weeks stick £100k on the asking price
but, but the stats say house prices are going up?
whats going on?

Last sale £200k last year... This year £465k

What a massive crash we're seeing.... Oh don't worry about the number of bedrooms that's just picking holes using bubbles logic :beer:

Bubble_and_Squeak

Jack_Johnson_the_acorn wrote: »

Last sale £200k last year... This year £465k

What a massive crash we're seeing.... Oh don't worry about the number of bedrooms that's just picking holes using bubbles logic :beer:

Oh my days!
you think that an estate agent putting up the price but failing to sell means house prices are going up!
oh my days!

Jack_Johnson_the_acorn

Bubble_and_Squeak wrote: »

Oh my days!
you think that an estate agent putting up the price but failing to sell means house prices are going up!
oh my days!

You don't get sarcasm then.....

Bubble_and_Squeak

Jack_Johnson_the_acorn wrote: »

You don't get sarcasm then.....

hahaha
tamam
you got me!:T