SpringTime

Most of London has had this coming - prices just can't keep on going up when there isn't enough equity coming in at the bottom. The market has indeed slowed and this started in April 2016 with the stamp duty surcharge (less investors buying to let, so less buyers overall). After the EU ref the market stalled all the more, and continuing challenges around Brexit have led to an imagined or indeed very real uncertainty for movers (buyers in particular) as to whether forking out so much money for a property is really a wise decision. Would you buy now at ?1.2m for a house in SE22? Or ?1.5m perhaps? Or even ?800,000. When the market's on the up of course this seems like a plan. When it's subdued and could get worse, with the very real prospect of a significant decline in prices then it's no wonder people are being apprehensive. At the moment if you want to get a queue of buyers you'd need to lop a good 25% of the likely value (whatever that is, who knows) and use that as your asking price, and even then the interest might seem underwhelming... most buyers are offering below the asking price even if it's competitive.

Tsars

Almost certainly breakfast meeting at Dulwich Cafe. Hardly any cop shops left so all done publicly at the moment.

Martens

Happy

Couch

Thanks Jules - we've got too many coats so definitely a win-win.

Scars

West

Meaty

Play

Maths

Jimmy

Oboes

Dress

Back to the Tribeca I'd be interested to know how many have actually sold? Of the 20+ units there were a hew under offer when this thread was started as I remember it, I think one house and three flats. And one flat had exchanged. I think there'd been a screw up on the houses which had been marketed as freehold but turned out to be leasehold (after exchange) and this was down to their being built on top of the car park which sits under the majority of the site. The flats were all leasehold and looked very pricey but still sellable, then apparently the developers/development went into receivership. Presumably it was all sorted as some of the units are still for sale.

JohnL Wrote: ------------------------------------------------------- > Only fish I've had full of bones was Skate - it > was horrible (went straight back to cod) I think cod's back on the watch-list JohnL

Boo

Gamma

TE44 Wrote: ------------------------------------------------------- > Springtime, I'm curious to know if you see > yourself and others as being part of a positive, > proper rebellion by moving towards living off > grid. You seem to be able to recognise a personal > effort to do this, so why can't you recognise > other peoples efforts to move towasrd a different > way of living. Your assumptions of how people live > and your inability to acknowledge the changes that > need to come outside of your own life results in > your comment about flying planes into buildings, > albeit you were probably taking the piss. It's ok. I sympathise with the cause, but there are some big hypocrites out there and others willing to cause havoc, which doesn't help at all. I also worry that some impassioned yet very short-sighted activists will eventually reach the point of committing atrocities - hopefully a planes and buildings comment will remain forever ironic...

Day

Hammy

Screen

Myths

Watching