London Has Peaked

thenoblebunny

Interesting to read old threads. especially ones which talk about sentiment.

sentiment moves the market yet in order to change the direction there has to be no more no converts into the old trajectory.

classic mistake those make when bringing their own emotion into what should be objective analysis.

yet everyone has a piece on the table and as such learn one way or another.
Ironically everyone will be right given enough time. so the trick is to never try to call the top or the bottom. Merely to become aware when the tide has already changed and quietly join that camp.

cells

London prices won't grow as much from 2015-2020 as they did in 2010-2015 but they will still be higher in 2020 than now

padington

cells wrote: »

London prices won't grow as much from 2015-2020 as they did in 2010-2015 but they will still be higher in 2020 than now

You might be right but I think we will look back at the next ten years and see them as being 'golden' in many ways.

I centrainly wouldn't be shorting ukplc at this stage. Still time to double down property wise in the South East and not regret it if you ask me.

padington

Land registry says London up 1.8% in September ...

http://www.ftadviser.com/2015/10/28/mortgages/mortgage-data/house-prices-up-over-the-month-to-september-aRzQADzfle2Y8nZUjcbt7H/article.html

More than three times better than a netwest savings account over three years.

tkane

padington wrote: »

Land registry says London up 1.8% in September ...

http://www.ftadviser.com/2015/10/28/mortgages/mortgage-data/house-prices-up-over-the-month-to-september-aRzQADzfle2Y8nZUjcbt7H/article.html

More than three times better than a netwest savings account over three years.

However the prime Boroughs are flat.

PCL always sets the tone so we might be seeing a sluggish 2016 overall in London.

padington

tkane wrote: »

However the prime Boroughs are flat.

PCL always sets the tone so we might be seeing a sluggish 2016 overall in London.

I think what we are seeing is new money seeking cheaper properties. Uptown down, downtown up.

just like if you tax Paris too much, investment heads to London.

padington

N22 terraced houses up almost 15 % on the year.

http://www.zoopla.co.uk/house-prices/browse/london/n22/wood-green-alexandra-palace/?q=N22

cells

My experience over the last couple of months is that Hackney is still on fire. However I do feel its getting expensive now, rents need to catch up or prices increases really do need to take a step back for a couple of years.

mwpt

cells wrote: »

My experience over the last couple of months is that Hackney is still on fire. However I do feel its getting expensive now, rents need to catch up

Yes. Rents have for too long been subject to the aberration of market forces "affordability". What we need is to introduce credit into rents to allow hard working families to afford the home they deserve and allow hard working landlords to rent out the property for the price they deserve.

padington

Nadeem wyat (sp?) is predicting only plus 5% rises in poor London area's. Anything else will be under 5% for the next three years. With houses trouncing flats generally in London and everywhere outside London doing better.

After that he's predicting Calais like camps inside the uk and societal breakdown from creaking services and rising tensions from over immigration, which could lose London it's safe haven status.