HPC thread of the week

Aberdeenangarse

It seems they finally realise they've all missed the boat! :money:

Conrad

I've witnessed the biggest ever surge in prices in my target buy to let location whereby 1 bed flats that were changing hands for £145k 4 months ago are now comming to market at £180-£190k. I suspect some will be down valued by lenders but owners will insist buyers make up any shortfall or take a hike. This happened to me 2 months ago, had to make up shortfall with cash.

2 beds averaged about £190k but four months on the prices are £230k on average and the knock-on effect on houses is equally dramatic.

System

The halifax numbers won't have improved his mood.

mayonnaise

Joeskeppi wrote: »

The halifax numbers won't have improved his mood.

The CountOfNowhere is leaving.

http://www.housepricecrash.co.uk/forum/index.php?/topic/206330-halifax-hpi-aug-15-27-mom-9-yoy/

The time for patience is over...it's time to leave.

Strange timing. It's only 3 weeks until his 'national offer 3x your salary day' and with 19 facebook likes that's surely going to be a roaring success.

cells

Conrad wrote: »

I've witnessed the biggest ever surge in prices in my target buy to let location whereby 1 bed flats that were changing hands for £145k 4 months ago are now comming to market at £180-£190k. I suspect some will be down valued by lenders but owners will insist buyers make up any shortfall or take a hike. This happened to me 2 months ago, had to make up shortfall with cash.

2 beds averaged about £190k but four months on the prices are £230k on average and the knock-on effect on houses is equally dramatic.

Maybe a one year time lag with inner London?

2013&2014 was crazy in z2 with prices up 50% over 18 months

System

mayonnaise wrote: »

The CountOfNowhere is leaving.

)

I don't think there's anyone left over there that hasnt declared they are leaving at least 3 times. Is it supposed to be a threat do you think?

wotsthat

mayonnaise wrote: »

Strange timing. It's only 3 weeks until his 'national offer 3x your salary day' and with 19 facebook likes that's surely going to be a roaring success.

Last time I looked it had 21 likes. Maybe his parents haven't taken the news of his departure too well.

Hopefully any new arrivals on HPC twig that if you want to achieve something the advice of people who have already achieved is probably more valuable than those who haven't.

Loughton Monkey's mantra that buying early and buying what you can afford would have served a lot of the HPC crew well. We can't know if that'll remain sound advice but it doesn't look as if Plan A is working out so great.

Maybe they should buy some prime London stuff instead. There's been daily evidence of a crash posted over there for nearly two years now. Why pay £500k for a pokey place in E17 when you can get a Mayfair pad for what must be peanuts by now?

ruggedtoast

Where is he going to go and what will he do when he gets there?

One of them on that thread Is 43 and had presumably been waiting most of his adult life for a crash that never comes.

caronoel

mayonnaise wrote: »

The CountOfNowhere is leaving.

http://www.housepricecrash.co.uk/forum/index.php?/topic/206330-halifax-hpi-aug-15-27-mom-9-yoy/
Strange timing. It's only 3 weeks until his 'national offer 3x your salary day' and with 19 facebook likes that's surely going to be a roaring success.

So sad to see Danny leaving. I am sure estate agents across the land were hugely worried about his campaign

Reminds me of brit1234's pathetic little buyers strike

There's another one that boasted openly a few years about having a 25% deposit but was waiting for "the crash"

Sadly, I think both brit and Mr Daniel Lee have well and truly missed the boat

:rotfl::rotfl::rotfl:

gadgetmind

Quizzical_Squirrel wrote: »

Wow, he's just a recruitment consultant?

The soft end of the human trafficking business.