London Has Peaked

Bubble_and_Squeak

samba wrote: »

I've got some shares that I follow the price of. They go up and down and down and up on a daily basis, but when you stand back and look at the prices over longer periods such as 1 year, 3 years, 5 years you start to see trends emerging, at which point you can clearly identify where the peaks and troughs are.

I don't believe anyone can say whether prices have peaked in the long term, and anyone who claims they have and is only looking at short term data should remember that we are just entering the busiest time of the year for house sales, so perhaps it would be wise to just wait a few months and see what trends emerge.

house prices move a lot slower than shares.
and it takes a LONG time for the ship to turn...

Jack_Johnson_the_acorn

Bubble_and_Squeak wrote: »

house prices move a lot slower than shares.
and it takes a LONG time for the ship to turn...

But you can call the market after 2 weeks.... You're funny, so much so that you should condsider going to a psychiatrist. Your logic is mental. :eek:

wotsthat

Bubble_and_Squeak wrote: »

house prices move a lot slower than shares.
and it takes a LONG time for the ship to turn...

How do you explain the more than 25% increase in your target area since you started looking just over a year ago? I wish my shares had moved so slowly over the same period!

Crashy_Time

theEnd wrote: »

I still feel the peak was late summer. Prices near me (SW London) went mental in the year before that.

Things still coming on a fair bit above summer '13 prices, but well below summer '14.

There should be a correction on the way (there should have been in 07/08), but will still depend on finance. Rates don't look to be going anywhere at the moment. More printing could be on the way.

They have been printing a long time and we seem to have deflation? Bubble price London I.O no likey deflation.

buglawton

In today's Telegraph- London house prices to fall 5% in 2015 with large family homes being affected most. RICS.

Crashy_Time

buglawton wrote: »

In today's Telegraph- London house prices to fall 5% in 2015 with large family homes being affected most. RICS.

http://www.housepricecrash.co.uk/forum/index.php?/topic/195761-is-prime-london-crashing/page-338


There seem to be some very large price drops here.

ukcarper

Crashy_Time wrote: »

http://www.housepricecrash.co.uk/forum/index.php?/topic/195761-is-prime-london-crashing/page-338


There seem to be some very large price drops here.

That's your problem you believe what you read on that website and that's why you have lost so much over the last 15 years and are in the position you are.

Crashy_Time

ukcarper wrote: »

That's your problem you believe what you read on that website and that's why you have lost so much over the last 15 years and are in the position you are.[/QUOTE]




What cash rich and debt free you mean?

ukcarper

Crashy_Time wrote: »

ukcarper wrote: »

That's your problem you believe what you read on that website and that's why you have lost so much over the last 15 years and are in the position you are.[/QUOTE]




What cash rich and debt free you mean?

I've done the maths to show you what you have wasted I don't intend to do it again.

Crashy_Time

ukcarper wrote: »

Crashy_Time wrote: »

I've done the maths to show you what you have wasted I don't intend to do it again.

Do the maths and see what I have saved, if you can.