London Has Peaked

wotsthat

Bubble_and_Squeak wrote: »

you're the one who hasn't got a clue
the market has turned and you're still on denial

If it's so obvious why can't you tell me the current price of London houses, what they were in April and how I verify your figures?

I really don't need to deny anything. Makes no odds to me what London prices do. I spend a lot of my time on the fence because I don't really think it's possible to predict house prices with any great confidence.

That's why you piqued my interest. I'm always interested when people come along with complete confidence in their predictive powers. It turns out you don't have any great insight at all - it's assertion after assertion most of which are wrong, misguided or irrelevant.

You've turned out to be a great disappointment.

The_White_Horse

where I live (north london) prices are still rising. houses are much higher now than they were in April. Houses on my street have gone up £60k since August!!! No signs of slowing down at all.

wotsthat

Bubble_and_Squeak wrote: »

this is a classic example of the mentality of the bulls on this site

http://www.rightmove.co.uk/property-for-sale/property-46243741.html

fails to sell at an open day on saturday, despite a last minute £50,000 price cut
what do you do in such a situation?
put the price back up and try with another agency

http://www.rightmove.co.uk/property-for-sale/property-32690766.html

Sorry to hear you wasted your time on Saturday.

Your symptoms appear to be worsening. When vendors won't sell you their house for what you want to pay it must be because they're deluded.

You'll be hiding newspapers & the TV remote from your wife/ gf soon so you don't have to see that 'look' when they see property news.

Bubble_and_Squeak

wotsthat wrote: »

If it's so obvious why can't you tell me the current price of London houses, what they were in April and how I verify your figures?

I really don't need to deny anything. Makes no odds to me what London prices do. I spend a lot of my time on the fence because I don't really think it's possible to predict house prices with any great confidence.

That's why you piqued my interest. I'm always interested when people come along with complete confidence in their predictive powers. It turns out you don't have any great insight at all - it's assertion after assertion most of which are wrong, misguided or irrelevant.

You've turned out to be a great disappointment.

the only evidence you will accept is the LR
and the LR figures are incomplete and out of date

Bubble_and_Squeak

The_White_Horse wrote: »

where I live (north london) prices are still rising. houses are much higher now than they were in April. Houses on my street have gone up £60k since August!!! No signs of slowing down at all.

i'm monitoring the following postcodes in north london:
N4, N8, N9, N13, N14, N15, N17, N22.
the only one is can positively say has increased since april is N9.
is your postcode one of the above?
also, where did you get that £60k from? zoopla?

Bubble_and_Squeak

wotsthat wrote: »

Sorry to hear you wasted your time on Saturday.

Your symptoms appear to be worsening. When vendors won't sell you their house for what you want to pay it must be because they're deluded.

You'll be hiding newspapers & the TV remote from your wife/ gf soon so you don't have to see that 'look' when they see property news.

its good, you're funny
but my only interest in that property was to observe bullish delusion

wotsthat

Bubble_and_Squeak wrote: »

the only evidence you will accept is the LR
and the LR figures are incomplete and out of date

Don't worry about what I'll accept. It's your prediction - using your methodology, what was the average London price in April, what do you think it is now and how can I check your working out?

Bubble_and_Squeak

wotsthat wrote: »

Don't worry about what I'll accept. It's your prediction - using your methodology, what was the average London price in April, what do you think it is now and how can I check your working out?

i set out my evidence
you implied that you will on accept figures and you dismiss any figures that are not LR derived

Mallotum_X

Set it out for the rest of us then? hearsay and individual property examples are not evidence.

Bubble_and_Squeak

Mallotum_X wrote: »

Set it out for the rest of us then? hearsay and individual property examples are not evidence.

see above posts