London Has Peaked

danothy

Bubble_and_Squeak wrote: »

like i said, you lost all credibility with your assertion that the LR figures have a two week time lag.

Again, and pay attention this time, I did not make that assertion. I stated that the Land Registry figures are not lagged at all to completion, just that they are not available immediately. I also stated that the typical lag between exchange and completion is one to two weeks, and dismissed your assertion that a sale completing now is representative of the market multiple months ago. None of these things are sufficient for someone to lose all credibility. Such inaccurate and disproportionate accusations are a clear sign that you can't actually legitimately dismiss the argument.

Bubble_and_Squeak wrote: »

you also seem to believe that london and prime london are one and the same.

You've conveniently overlooked that the evidence I have introduced into this thread has been consistent over the broad scale and right down to the postcode level. Even the street level.

Well done for completely ignoring the question pertaining to how to actually measure "madness" in a market too. That's either classic troll behaviour right there or a fantastic tolerance for the cognitive dissonance denial causes.

chucknorris

Bubble_and_Squeak wrote: »

i haven't been to a viewing since early may.
looks decent.
tottenham hale is a bit of a pain if you commute during the peak, though.
i reckon this would've been around £275k october last year and would have achieved £400k around april after a bomad bidding frenzy.

I think last October I could have got this for about £290-300k, not £275k as it has been fully modernised to a decent standard and also has 3 double bedrooms AND an upstairs bathroom, I would have definitely bought it last year without a shadow of a doubt.


I think I will keep my eye on it and if it doesn't sell, I may consider having a look at it.

MobileSaver

danothy wrote: »

You seem to be having trouble keeping track of your own imaginings:

Danothy, you are wasting your time, Bubbles will keep moving the goalposts whenever the real world facts belie his fantasy world.

Bubble_and_Squeak wrote: »

i'm calling April as the peak of the london property price bubble.

Bubble_and_Squeak wrote: »

like i said, you lost all credibility ... you also seem to believe that london and prime london are one and the same.

Firstly despite specifically referencing a "price peak", when that was proved to be false he then started waffling on about how he actually meant a different type of peak and not prices at all. :rotfl:

Now, although he originally said "London", apparently he actually meant "prime London" since he's realised yet again that actual verifiable stats for London have proved him wrong.

Bubble_and_Squeak

MobileSaver wrote: »

Danothy, you are wasting your time, Bubbles will keep moving the goalposts whenever the real world facts belie his fantasy world.





Firstly despite specifically referencing a "price peak", when that was proved to be false he then started waffling on about how he actually meant a different type of peak and not prices at all. :rotfl:

Now, although he originally said "London", apparently he actually meant "prime London" since he's realised yet again that actual verifiable stats for London have proved him wrong.

asking prices peaked in may.

and actually i didn't mean prime london.
i used prime london as an example of how one section of the london market has peaked.
ge' i' righ'!

Bubble_and_Squeak

chucknorris wrote: »

I think last October I could have got this for about £290-300k, not £275k as it has been fully modernised to a decent standard and also has 3 double bedrooms AND an upstairs bathroom, I would have definitely bought it last year without a shadow of a doubt.


I think I will keep my eye on it and if it doesn't sell, I may consider having a look at it.

this one looks decent an' all

http://www.rightmove.co.uk/property-for-sale/property-48792848.html

chucknorris

Bubble_and_Squeak wrote: »

this one looks decent an' all

http://www.rightmove.co.uk/property-for-sale/property-48792848.html

It looks ok but it doesn't fit my criteria (apart from the last one), which is:


In Tottenham Hale
Within 10 mins walk of the tube
3 double bedrooms, allows prof sharers, who don't like single beds
Period (not ex council)


I think the other one at £360k is better value.

Bubble_and_Squeak

chucknorris wrote: »

It looks ok but it doesn't fit my criteria (apart from the last one), which is:


In Tottenham Hale
Within 10 mins walk of the tube
3 double bedrooms, allows prof sharers, who don't like single beds
Period (not ex council)


I think the other one at £360k is better value.

for btl yes
to live in i wouldn't go for tottenham hale now
i'm looking EAST
a nice little crossrail job

fordcapri2000

wotsthat wrote: »

Ahh.. the long troll strategy.

Nice work.

Well if anyone should know one it will be you...

Same old message I see, Property prices will rise forever blah blah blah!!, all and every kind of property investment/investor is amazing blah blah!!, all those "nasty nasty people who say horrible things about lovely property" must be shot down by me and my five best'est friends in the world blah blah!!

And if I mention it everyday at least five times a day for another few thousand days without a break I am sure to be right.

I will probably be back in the next month or so if I have another lazy stay at home sunday, just to catch up with some updates and brilliant advice on some of these boards. Lets see if you can shock me with something original and new, won't be holding my breath though.


p.s Is this some kind of job you are doing??

Bubble_and_Squeak

fordcapri2000 wrote: »

Well if anyone should know one it will be you...

Same old message I see, Property prices will rise forever blah blah blah!!, all and every kind of property investment/investor is amazing blah blah!!, all those "nasty nasty people who say horrible things about lovely property" must be shot down by me and my five best'est friends in the world blah blah!!

And if I mention it everyday at least five times a day for another few thousand days without a break I am sure to be right.

I will probably be back in the next month or so if I have another lazy stay at home sunday, just to catch up with some updates and brilliant advice on some of these boards. Lets see if you can shock me with something original and new, won't be holding my breath though.


p.s Is this some kind of job you are doing??

i do think some of the posters here are estate agents trying to ramp up the market.
its clear that buying a london property now is much better value than buying around april but these people come up with all kinds of fanciful calculations to say it isn't.

wotsthat

Bubble_and_Squeak wrote: »

i do think some of the posters here are estate agents trying to ramp up the market.
its clear that buying a london property now is much better value than buying around april but these people come up with all kinds of fanciful calculations to say it isn't.

Yeah, if I can persuade you to buy now I'll get a bonus.