London Has Peaked

System

Bubble_and_Squeak wrote: »

or maybe the know that the bubble has burst and are trying to sucker a first time buyer who hasn't cottoned on yet by presented it as a tax saving bargain

You should have bought the one for £257k when you had the chance, now for virtually the same money you get a 70s kitchen, a rusty bathroom modeled on a pub toilet and a wasteland in place of a garden.

The-Joker

Bubble_and_Squeak wrote: »

yes, lets ignore that
the same way that you're ignoring the deflating london bubble

The question should be how much will the London bubble deflate or will it pop. Then how will it affect the rest of the country, will UK average price fall in comparison to Londons looming falls?

Bubble_and_Squeak

The-Joker wrote: »

The question should be how much will the London bubble deflate or will it pop. Then how will it affect the rest of the country, will UK average price fall in comparison to Londons looming falls?

in some places e.g. the stow and stratford it looks like a pop
in others e.g. tottenham and leyton it looks more like gentle decline
i'm still staying a correction
either way its bound to have an impact on the rest of the country

padington

The trick in life is to listen to those that have proven success behind them, more than those without.

Not the other way around.

Wood green will enjoy a greater than inflation rise this time next year as long as there is a no vote is Scotland and there isnt any other super black swan event or really radical Labour changes that change the whole market drastically.

I would estimate we are looking at a 10% plus rise.

wotsthat

The-Joker wrote: »

The question should be how much will the London bubble deflate or will it pop. Then how will it affect the rest of the country, will UK average price fall in comparison to Londons looming falls?

How long have you been asking this question?

alberty

http://www.zoopla.co.uk/for-sale/details/34480077#RwW4m7P20tFxSTA4.97

Some would say this was proof of a 'pop', if it's freehold I think it'll get 550 on a bad day - 600k on a good, what do you ppl reckon? I don't normally like wood green but this is house pr0n. I'll be frankly hacked off it it gets 475.

padington

alberty wrote: »

http://www.zoopla.co.uk/for-sale/details/34480077#RwW4m7P20tFxSTA4.97

Some would say this was proof of a 'pop', if it's freehold I think it'll get 550 on a bad day - 600k on a good, what do you ppl reckon? I don't normally like wood green but this is house pr0n. I'll be frankly hacked off it it gets 475.

It's priced to get noticed and cause a bun fight. It's working.

Bubble_and_Squeak

padington wrote: »

The trick in life is to listen to those that have proven success behind them, more than those without.

Not the other way around.

Wood green will enjoy a greater than inflation rise this time next year as long as there is a no vote is Scotland and there isnt any other super black swan event or really radical Labour changes that change the whole market drastically.

I would estimate we are looking at a 10% plus rise.

truly truly deluded
and you people laugh at the HPC crew?
where will the money to pay for an extra 10% on top of already overvalued property come from?

padington

Bubble_and_Squeak wrote: »

truly truly deluded
and you people laugh at the HPC crew?
where will the money to pay for an extra 10% on top of already overvalued property come from?

Muswell hill.

Jonbvn

Bubble_and_Squeak wrote: »

truly truly deluded
and you people laugh at the HPC crew?
where will the money to pay for an extra 10% on top of already overvalued property come from?

It is hardly a FTB property, so I would guess from the sale of another property?