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No Crash Say Barratts
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House prices are falling all over the country and it`s time people started to come out of deniel.
The whole greedy industry from EA,builders,banks,solicitors,the government and uncle tom cobley and all, have had a good run to fleece the public (about seven years)and now the end is nigh.0 -
Eh? "I can honestly say that prices are falling on houses in Gloucestershire"
So by that I would say that yes I agree house prices are falling...
boinging
did you actually read my post on this thread?
or did you just see my name and jump to the conclusion that my comment had something to do with house prices rising?
are you really that blinkered?0 -
On the subject of bargain new builds, here in Cheshire I've had negotiators offer 25k off a 275k property and 30k off a 250k property. This was on the first viewing, before I'd even commented on the house. There is surely a correlation between them getting jittery overa crash and completely pulling their pants down on the price.0
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my post was about Barretts being so worried about the market that they have almost halved production
what does that tell you?0 -
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dannyboycey wrote: »That the whole supply and demand argument is complete rubbish. We have plenty of housing... it's just overpriced.
no don't think it does
and no we don't have plenty of housing, but yes a lot of what we do have is overpriced0 -
no don't think it does
and no we don't have plenty of housing, but yes a lot of what we do have is overpriced
Rightmove is brimming over with properties... some have been there for months on end.
Most people don't wan't affordable 'units' buit. i.e. ugly shoeboxes packed together and marketed as 'modern living for trendy people' or such like. People want houses... homes! So you have to ask yourself why these developers have spent the last few years throwing up the derelict apartment blocks of tomorrow. The demand for such properties was driven solely by rampant HPI and the belief that one could make a quick buck, by buying and selling or purchasing BTL. Once this HPI ends (as it has), what happens to these 'trendy' apartments? The glossy brochures might have appealed to the desperate few, but I wonder what these developments will look like in 5 years, once the developers have long gone and there is no shiny marketing campaign to promote them.0 -
dannyboycey wrote: »Rightmove is brimming over with properties... some have been there for months on end.
Most people don't wan't affordable 'units' buit. i.e. ugly shoeboxes packed together and marketed as 'modern living for trendy people' or such like. People want houses... homes! So you have to ask yourself why these developers have spent the last few years throwing up the derelict apartment blocks of tomorrow. The demand for such properties was driven solely by rampant HPI and the belief that one could make a quick buck, by buying and selling or purchasing BTL. Once this HPI ends (as it has), what happens to these 'trendy' apartments? The glossy brochures might have appealed to the desperate few, but I wonder what these developments will look like in 5 years, once the developers have long gone and there is no shiny marketing campaign to promote them.
and planning law had a part to play
council planning departments had a lot to do with all the flats being built0 -
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