London Has Peaked

wotsthat

Bubble_and_Squeak wrote: »

you're the one that said prime london is not falling
now you're saying it is
this is the problem with making stuff up- you forget what you've made up an then make up something else

Sigh. You've posted an article which says only houses priced around the £4m mark fell by 1.3% on the year.

Are they representative of Prime London as a whole? I'll give you a clue - no they're not and prime London increased in 2014.

I don't know if they're falling now or will be down at the end of 2015 - as you don't even know what prime London is you don't either.

wotsthat

Bubble_and_Squeak wrote: »

don't think so
fairfield road is coming back down to earth

http://www.rightmove.co.uk/property-for-sale/property-33286020.html/svr/1708;jsessionid=998119069626816D277D8F6754AC0A25

Nice 2 bed hovel £25k above your budget. Why do you keep posting this stuff?

What offers have you put in so far? The clock's ticking and the boomers are stirring

mayonnaise

wotsthat wrote: »

Nice 2 bed hovel £25k above your budget. Why do you keep posting this stuff?

That little white pvc cladded cabin (picture 11) can easily be turned into a 3rd bedroom. :rotfl:
Poor Bubble.

System

If this crash keeps up Bubble might even be able to afford a 1 bed.

Jack_Johnson_the_acorn

Bubble_and_Squeak wrote: »

don't think so
fairfield road is coming back down to earth

http://www.rightmove.co.uk/property-for-sale/property-33286020.html/svr/1708;jsessionid=998119069626816D277D8F6754AC0A25

Wow that's horrific, my mortgage is only £529pcm, how much would something like that rent for pm? Is it a nice area?

padington

The standard today did a top pick of North London for 2015 and chose The New river area at the foot hill of Alexandra Pallace. Right next to my yard. If bubbles or crashy pulled the trigger in 2012, when I first suggested it, they would have picked up a two bed cottage near to 250k that's now selling for 500k.

Hey Ho.

MARTYM8`

I quite like this rightmove ad in South Woodford E18.

The headline implies you are buying a 3 bed detached house for £325,000 - except there is no house. The 'house' is currently being occupied by two cars.

http://www.rightmove.co.uk/property-for-sale/property-33290124.html

Bubble_and_Squeak

wotsthat wrote: »

Sigh. You've posted an article which says only houses priced around the £4m mark fell by 1.3% on the year.

Are they representative of Prime London as a whole? I'll give you a clue - no they're not and prime London increased in 2014.

I don't know if they're falling now or will be down at the end of 2015 - as you don't even know what prime London is you don't either.

sigh. you're doing a danny now

Bubble_and_Squeak

padington wrote: »

The standard today did a top pick of North London for 2015 and chose The New river area at the foot hill of Alexandra Pallace. Right next to my yard. If bubbles or crashy pulled the trigger in 2012, when I first suggested it, they would have picked up a two bed cottage near to 250k that's now selling for 500k.

Hey Ho.

i'm sure the asking price is that much but when it comes to producing cold hard cash it probably wont achieve that

padington

Bubble_and_Squeak wrote: »

i'm sure the asking price is that much but when it comes to producing cold hard cash it probably wont achieve that

5 more years and it'll more probably than not be getting closer to a million.

Problem is bubbles, you're a pessimist.

You can deal with that by becoming mindful every time when you're looking at the glass being half empty in the morning ( count how many times you can spot yourself doing it ) and try counting success stories (glasses half full) you see throughout the evening.

Someone obviously didn't teach you how to do it through example as a child but you can teach it to yourself.

.... Or get yourself out of a Long term bull market, it's the worst place a pessimist can be.