JohnL

The one thing I have noticed about house prices historically. When they're going up everyone seems to think they'll go up forever and when they're going down everyone seems to think they'll go down forever - then it changes and everyone forgets there previous thinkings.

flocker spotter Wrote: ------------------------------------------------------- > People cannot afford to move. Young people cannot > afford to buy. It is the buy to let market that > pushed prices so high by creating demand over > supply. Buy to let is at last becoming less > attractive which is a good thing for everyone who > cannot afford a home to live in - let alone a > second place to rent out. > > It is terrible when people have negative equity, > but I am not sure that is happening yet. People > have very short memories - in the late 1980s/early > 90's prices fell by over 25%. Another > readjustment is probably happening now - and the > younger generations will be greatful. I'm surrounded by young people - they seem to buy 25% to get their foot in then staircase as fast as they can (I haven't in 10 years being me). Still requires ?50K combined salary though. I lost 12% the very year after buying in 2008 - and should have increased my share then LOL. Didn't give two hoots at that time - still paid the same.

If the choice for parliament is Norway Option or No deal .. I think the majority is Norway. One thing - Merkel is not history. She's got another 5 years I'd say.

I still think Russia - but every time I see the map with Porton Down right up close, I wonder if there's a rogue employee or rogue group involved, it just seems so close (but maybe Russia planned it that way). Maybe even Prince Charles was the target this time (I note his visit was a week before)

Blackcurrant Wrote: ------------------------------------------------------- > betternowthanthen Wrote: > -------------------------------------------------- > ----- > > Can't believe they tore down the old station > > building, that was once a pleasant garden > > center,what a crime and should not have been > > allowed to happen, councilors have crimes to > pay > > for (again) and replaced with a average quality > > boring building of over priced stuffy cramped > > flats looking onto a road full of bus's and > > ambulance's, East dulwich station looks > pathetic > > now, wedged up between the bridge and the > horrible > > block, gentrification is great hey? > > > Yes, it was a lovely spot before but the owner of > the garden centre couldn't resist cashing in on > the land value. Same trend all over London. > Another example is Whitten Timber in Peckham, who > have sold their plot to developers and renting > back half of it, while plastic-clad high-rise > "executive apartments" are shoehorned into the > other half. Those kinds of new build flats are now > plunging in value. Councils shouldn't have been > quite so gullible about the housing shortage and > the need to build forests of white elephants all > over London. I'm not so sure they're plunging (mine hasn't yet) - first time buyers and shared ownership would be the main buyers (and they still have incentives to buy) - the flats falling are the super executive ones worth a million. Edit: I suppose what I live in is on the cusp of social housing

The Males get murdered after their flight don't they ?

I re-use bottles of water (or Indian Tonic Water) for holding tap water (they last for a while) My Buxton one I've used for a few weeks at work has a recyclable logo.

diable rouge Wrote: ------------------------------------------------------- > At last, Corbybabes uses his 6 questions at PMQs > to finally talk about the B word...Buses. FFS. LOL - He won though - all six questions on the buses (Theresa May didn't see that coming). Esther McVey apologised for misleading parliament afterwards - possibly should have been sacked.

Help meaning lend money, help get home, phone emergency services etc - surely that's what people do. Interesting to know who would tackle the mugger (I've seen passers by do that - but it takes a certain kind of person)

womanofdulwich Wrote: ------------------------------------------------------- > Its usual for the housing market to die between > June and early September. People are away - both > vendors and sellers, and their minds are on other > things. what on earth wou "it's coming home" ld that be :)

Robert Peston claims Theresa May's 3rd way is a softish Brexit (Brino) with complicated solutions that break up the 4 freedoms. Already been rejected by the EU before the cabinet have even discussed it so it seems as more Cakeism. Edit: LOL beaten to it :)

Abe_froeman Wrote: ------------------------------------------------------- > You only really need to find cold hard cash to pay > stamp duty the first time you buy. From then on it > comes out of the equity you have built up in your > home. Stamp duty for the first time buyer is 0% up to 300K and subsidised up to 500K in London now. https://www.stampdutycalculator.org.uk/stamp-duty-first-time-buyers.htm

Farage has tweeted that there will be grave consequences for everybody if the liberal elite don't wake up and respect the will of the people.

James Wrote: ------------------------------------------------------- > Alice, beware looking at websites with 'sold/under > offer' properties on them... who knows how long > they have been on there? I notice in slow periods > agents leave these up for months on end to give > the impression things are moving faster than they > are. > > >>all houses will sell if they are priced at a > level that people want to pay - if your gaff is > not getting any interest, then maybe there is a > clue in there somewhere > > And Flocker Spotter, this is an obvious point and > not helpful. How would you feel if you were > selling and I told you to discount your house > heavily as the market was slow? Especially since > our house is priced competitively in comparison > with other similar properties. It is very > unsettling when you do not know what your money > will buy. And risk heavily losing out. It depends how desperate you are to sell. Those not desperate probably holding at present if they're in your situation I'd think. But you can't put your life on hold for ever I suppose.

Jules-and-Boo Wrote: ------------------------------------------------------- > and Brexit isn't? LOL - perhaps :)

First time buyers are OK (they get relief up to 500K) - it's 2nd home owners and expensive properties that are hit. 2nd home owners have been hit hard - and the government is looking for money for the NHS this autumn too.

Jules-and-Boo Wrote: ------------------------------------------------------- > To be honest, it's about time housing dropped to > realistic levels At a guess it won't though if it follows previous patterns - it'll pause/fall for a little while then accelerate again. To fall to realistic levels (I'll say that's 3 x average income) would require a society changing event

Rubik Wrote: ------------------------------------------------------- > The thing is lower prices are good - less fees, Not if you've got an inherited house to sell in Swansea with two sisters involved LOL :)

Even Zoopla is now saying prices have been falling for 2 years. That's about how long they fell for IIRC after the crash in 2008. You never see the downturn or upturn come until you've past it though and we've got Brexit.

This is the agenda in the Commons today: An urgent question on Govia Thameslink and rail electrification - 12.30 An urgent question on the LBGT action plan - 1.15 A statement from Defence Secretary Gavin Williamson providing a counter-Daesh update - 2pm A 10-minute rule motion on Pets (Theft) 2.45pm Estimates day debates (i) Department for Education (ii) Treasury spending on grants to the devolved institutions (iii) Main estimates 2018/19 - 3pm

flocker spotter Wrote: ------------------------------------------------------- > Just wait until your INGERLAND win the World Cup - > the fermented and stirred patriotic fervour will > lead to clamour for the hardest brexit > imaginable. > > 2 world wars and 2 worlds cups/ Why do our press love making digs at other countries - Columbia had a player assassinated by the cartels after losing in 1994 so the Sun headline is "Go Kane" - and just like the BBC team using "FLK 82" in Argentina they'll deny they knew.

Grrr pigeon just did a whoopsy right in front of me this morning - and I hate that cooing noise they make - sparrowhawk I need you :)

LOL in Co-Op house ironically I've got a wall in front of my balcony built of solid red brick :) (It certainly looks like it anyway)

dbboy Wrote: ------------------------------------------------------- > The market has been slowing down significantly for > the last 18+ months, three years ago, the market > was buoyant and booming. It took something like > two years to sell a house, with a sizable > reduction. > > Why - Estate Agents over egged the market and > pushed prices up, now the chickens are coming home > to roost. A lack of certainty in the market with > prices dropping, people do not want to buy in case > prices drop further, stamp duty is crippling the > middle to top end of the market, which in effect > is money down the drain, you never get back. > > Brexit is the Estate Agents answer to everything, > however the last conversation with the Agent after > selling went along the lines of, until we leave > the EC in less than a year the market will remain > slow and potentially prices will drop further, > there is no crystal ball. > > After that for the following two years it will > still remain sluggish until there is certainty > about the future and things have settled. So what > do the agents do, they increasing their rates to > 1.5% to compensate as sellers are requiring > multiple viewings to get one sale. > > Which ever way you look at it, you have the choice > of sitting it out for three years and seeing where > the market is then or selling at a lower price > knowing where you are buying is probably doing the > same thing. Good luck, it was difficult, painful > at times, frustrating but eventually relieving. > ps. Surveyors and bulders are not helping as they > to are taking ful advantage of the situation. Everything with Brexit is "wait and see" so I can understand the effect. We really don't know whats going to happen.

Wonder if the vendor was just not very good at selling. My old well used iPhone 6+ has 72% battery and buttons are awful :)