Debate House Prices


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As FTB's Vanish, the lights go out !!!

http://www.independent.co.uk/news/business/analysis-and-features/as-firsttime-buyers-vanish-the-lights-go-out-across-britain-851835.html

Interesting article in the Independant.. the first sentance summed it up for me... Its been nothing more than a Gigantic Pyramid Scheme.. which is in the process of crumbling away..
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Comments

  • Great comment from the always-entertaining Secret Agent who, happily, I now see is earning an additional crust in the Times:

    "Buy-to-let investors have vanished faster than a politician’s promise, as funding has been withdrawn and nerve has failed. And each spotting of a first-time buyer has occasioned more twitching and frenzied phone calls around the office network than the sighting of a rare bird far from its normal migration route might in the local ornithology society. "

    http://property.timesonline.co.uk/tol/life_and_style/property/article4172480.ece

    To any prospective FTBers out there, the best moneysaving advice is to steer well clear, but if you DO intend to buy, make sure you haggle like there's no tomorrow.

    85% off asking price as a minimum.
  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    85% off asking price as a minimum.
    :rotfl::rotfl::rotfl:

    I'll have a pint of what you're drinking :beer:
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • Jonbvn wrote: »
    :rotfl::rotfl::rotfl:

    I'll have a pint of what you're drinking :beer:

    Why?

    Two bed on market for 320K. Agent phones me last week telling me they'll bite my hand off at 250K.

    You do the math, smart boy.
  • Bishop87
    Bishop87 Posts: 26 Forumite
    I dunno, I have just brought, got them from 120k to 103k, if you intend to buy it's easy to knock that off.

    Do it while you can, if you're buying...!
  • Incisor
    Incisor Posts: 2,271 Forumite
    1,000 Posts Combo Breaker
    Why?

    Two bed on market for 320K. Agent phones me last week telling me they'll bite my hand off at 250K.

    You do the math, smart boy.

    That's 22% off asking prices or 78% of asking prices.If smart boy does the math, you should do the spelling... :rotfl::rotfl::rotfl:
    After the uprising of the 17th June The Secretary of the Writers Union
    Had leaflets distributed in the Stalinallee Stating that the people
    Had forfeited the confidence of the government And could win it back only
    By redoubled efforts. Would it not be easier In that case for the government
    To dissolve the people
    And elect another?
  • Incisor wrote: »
    That's 22% off asking prices or 78% of asking prices.If smart boy does the math, you should do the spelling... :rotfl::rotfl::rotfl:

    I getcha.

    Sunday morning hangover. ;)
  • pickles110564
    pickles110564 Posts: 2,374 Forumite
    85% off asking price as a minimum.

    When you find some at this price please pm me asap.;)
  • meanmachine_2
    meanmachine_2 Posts: 2,624 Forumite
    Part of the Furniture Combo Breaker
    When you find some at this price please pm me asap.;)

    I will do pickles... unless it's one of your properties, of course. ;)
  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    85% off asking price as a minimum.
    Two bed on market for 320K. Agent phones me last week telling me they'll bite my hand off at 250K.

    Duuuhh:p

    Another wonderful product of UK education:rotfl:
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • ultra10
    ultra10 Posts: 379 Forumite
    yes i agree :)
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