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Debate House Prices
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London Has Peaked
Comments
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chucknorris (Today), Ukcarper (Yesterday), wotsthat (Today), AndyGuil (Today)and Libber are obviously very happy!0
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On HPC the guy who started the 'is prime London crashing?' thread in January is still providing evidence, as we head towards October, to support this. He doesn't seem to see the irony of a 10 month housing crash where prices have gone up by double digit percentages.
The site was founded by people who STR-ed in 2002 to wait for the crash.....
In London. :rotfl:
It has since called 101 of the last 1 house price crashes, so at least they're consistent.
“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
HAMISH_MCTAVISH wrote: »The site was founded by people who STR-ed in 2002 to wait for the crash.....
In London. :rotfl:
It has since called 101 of the last 1 house price crashes, so at least they're consistent.
i love your posts!
but this one doesn't live up to your usual standards0 -
OK, great, but your contention isn't about asking prices, supply, or time on the market. It's about sold prices, which have almost certainly increased since April.
I'll ask you again: what would you accept as evidence proving that your claim is wrong now that your original benchmark of the August 2014 LR release has failed you?
did i not say last quarter in a previous post?0 -
Bubble_and_Squeak wrote: »did i not say last quarter in a previous post?
You're just in complete denial. Your analysis was flawed.0 -
Costly error.Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.0
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if you believe LR then you believe this
http://www.rightmove.co.uk/house-prices/detailMatching.html?prop=27210821&sale=440056&country=england0 -
Bubble_and_Squeak wrote: »given that asking prices are now LOWER that april
and over 20% of listings have had a price CUT
and properties are achieving a LOWER percentage of the asking price
and supply is INCREASED
in what way is it a costly error?
If I offer you one apple in April for £100 but agree to let it go for £50 and it sells then ...
In September I offer two apples for £90 each and I agree to let one go for £60 and one sells but I refuse to sell the second apple for any less.
Which month would have been the better month to put in an offer to buy an apple ?Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.0
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