The Great London House-Price Softening

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The Great London House-Price Softening

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kenbarr Jackson Heights, Queens, New York ... 29 Mar 19 8.06pm
Originally posted by PalazioVecchio follow the link. London is by far the worst performer in the whole UK. Down nearly 4% in 12 months. You can blame Brexit, but I predict no recovery while the stabbings continue. [Link] I’m sorry but this one falls under the heading “Lies, damn lies & statistics. One area of the country has a fall of over 5 times the entire country 0.7% versus 3.8%) in percentage terms just doesn’t cut it for this old debater. If I were debating pro-Remain I’d have far better figures than this. Divorced...And LOVING it! VJRAM Rev. CPFC since Boxing Day 1989 CPFC 2-2 CFC Gregg Berhalter, US International & USMNT Head Coach Jill Ellis, England International & Retired USWNT Head Coach Trevor Francis, International PRAT
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kenbarr

Jackson Heights, Queens, New York ... 29 Mar 19 8.06pm

Originally posted by PalazioVecchio

follow the link. London is by far the worst performer in the whole UK. Down nearly 4% in 12 months.

You can blame Brexit, but I predict no recovery while the stabbings continue.

[Link]

I’m sorry but this one falls under the heading “Lies, damn lies & statistics. One area of the country has a fall of over 5 times the entire country 0.7% versus 3.8%) in percentage terms just doesn’t cut it for this old debater. If I were debating pro-Remain I’d have far better figures than this.

Divorced...And LOVING it!
VJRAM Rev.
CPFC since Boxing Day 1989 CPFC 2-2 CFC
Gregg Berhalter, US International & USMNT Head Coach
Jill Ellis, England International & Retired USWNT Head Coach
Trevor Francis, International PRAT

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PalazioVecchio south pole 17 Jul 19 1.53pm
Originally posted by kenbarr I’m sorry but this one falls under the heading “Lies, damn lies & statistics. One area of the country has a fall of over 5 times the entire country 0.7% versus 3.8%) in percentage terms just doesn’t cut it for this old debater. If I were debating pro-Remain I’d have far better figures than this. forget about abstract Brexit debates. The evidence is of a property market crash, just like the one that started in 1989 and kept going to 1996, wiping a ton of value off homes. good news if you want to become a first time buyer. So there will be winners also. [Link] Kayla did Anfield & Old Trafford
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PalazioVecchio

south pole 17 Jul 19 1.53pm

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Originally posted by kenbarr

forget about abstract Brexit debates. The evidence is of a property market crash, just like the one that started in 1989 and kept going to 1996, wiping a ton of value off homes.

good news if you want to become a first time buyer. So there will be winners also.

[Link]

Kayla did Anfield & Old Trafford

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ASCPFC Pro-Cathedral/caravan park 17 Jul 19 1.59pm
Originally posted by PalazioVecchio forget about abstract Brexit debates. The evidence is of a property market crash, just like the one that started in 1989 and kept going to 1996, wiping a ton of value off homes. good news if you want to become a first time buyer. So there will be winners also. [Link] The houses never really become 'affordable' in reality though. Hilariously, I can remember the days when houses were a few grand. I can also remember extensive government and council housing schemes. That seems like it belongs to a by-gone era now and I'm really not that old. If you had a decent job - say 50 grand, can you then afford 400-500 grand on a semi? You are not going to get a mortgage 8-10 times your wages. Red and Blue Army!
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ASCPFC

Pro-Cathedral/caravan park 17 Jul 19 1.59pm

Originally posted by PalazioVecchio

forget about abstract Brexit debates. The evidence is of a property market crash, just like the one that started in 1989 and kept going to 1996, wiping a ton of value off homes.

good news if you want to become a first time buyer. So there will be winners also.

[Link]

The houses never really become 'affordable' in reality though. Hilariously, I can remember the days when houses were a few grand. I can also remember extensive government and council housing schemes. That seems like it belongs to a by-gone era now and I'm really not that old.
If you had a decent job - say 50 grand, can you then afford 400-500 grand on a semi? You are not going to get a mortgage 8-10 times your wages.

Red and Blue Army!

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.TUX. 18 Jul 19 7.25am
Originally posted by PalazioVecchio forget about abstract Brexit debates. The evidence is of a property market crash, just like the one that started in 1989 and kept going to 1996, wiping a ton of value off homes. good news if you want to become a first time buyer. So there will be winners also. [Link] One day, just not anytime soon. The odds favour further drops for a long while yet. Buy Litecoin.
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.TUX.

18 Jul 19 7.25am

Originally posted by PalazioVecchio

forget about abstract Brexit debates. The evidence is of a property market crash, just like the one that started in 1989 and kept going to 1996, wiping a ton of value off homes.

good news if you want to become a first time buyer. So there will be winners also.

[Link]

One day, just not anytime soon.
The odds favour further drops for a long while yet.

Buy Litecoin.

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Cucking Funt Clapham on the Back 18 Jul 19 2.14pm
Originally posted by .TUX. One day, just not anytime soon. The odds favour further drops for a long while yet. I sold up in February. Already the valuation, according to Zoopla, is down £20k. I think I may have left London at the right time. Wife beating may be socially acceptable in Sheffield, but it is a different matter in Cheltenham
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Cucking Funt

Clapham on the Back 18 Jul 19 2.14pm

Originally posted by .TUX.

One day, just not anytime soon.
The odds favour further drops for a long while yet.

I sold up in February. Already the valuation, according to Zoopla, is down £20k. I think I may have left London at the right time.

Wife beating may be socially acceptable in Sheffield, but it is a different matter in Cheltenham

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Tom-the-eagle Croydon 18 Jul 19 2.44pm
Originally posted by Cucking Funt I sold up in February. Already the valuation, according to Zoopla, is down £20k. I think I may have left London at the right time. Maybe it’s just the Cucking effect with neighbourhoods dropping in value once you leave. "It feels much better than it ever did, much more sensitive." John Wayne Bobbit
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Tom-the-eagle

Croydon 18 Jul 19 2.44pm

Originally posted by Cucking Funt

I sold up in February. Already the valuation, according to Zoopla, is down £20k. I think I may have left London at the right time.

Maybe it’s just the Cucking effect with neighbourhoods dropping in value once you leave.

"It feels much better than it ever did, much more sensitive." John Wayne Bobbit

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Cucking Funt Clapham on the Back 18 Jul 19 3.11pm
Originally posted by Tom-the-eagle Maybe it’s just the Cucking effect with neighbourhoods dropping in value once you leave. One mustn't rule it out, Tom. Now there's nowhere in Wallington where folks can re-enact the 1934 Nuremberg Rally in peace and safety. Wife beating may be socially acceptable in Sheffield, but it is a different matter in Cheltenham
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Cucking Funt

Clapham on the Back 18 Jul 19 3.11pm

Originally posted by Tom-the-eagle

Maybe it’s just the Cucking effect with neighbourhoods dropping in value once you leave.

One mustn't rule it out, Tom. Now there's nowhere in Wallington where folks can re-enact the 1934 Nuremberg Rally in peace and safety.

Wife beating may be socially acceptable in Sheffield, but it is a different matter in Cheltenham

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Stirlingsays 18 Jul 19 4.10pm
Originally posted by Cucking Funt One mustn't rule it out, Tom. Now there's nowhere in Wallington where folks can re-enact the 1934 Nuremberg Rally in peace and safety. I had noticed the steady rise in sales of bratwurst and sauerkraut myself. 'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)
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Stirlingsays

18 Jul 19 4.10pm

Originally posted by Cucking Funt

One mustn't rule it out, Tom. Now there's nowhere in Wallington where folks can re-enact the 1934 Nuremberg Rally in peace and safety.

I had noticed the steady rise in sales of bratwurst and sauerkraut myself.

'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

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PalazioVecchio south pole 13 Sep 19 10.15pm
Originally posted by .TUX. One day, just not anytime soon. The odds favour further drops for a long while yet. correct... [Link] Kayla did Anfield & Old Trafford
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PalazioVecchio

south pole 13 Sep 19 10.15pm

Originally posted by .TUX.

One day, just not anytime soon.
The odds favour further drops for a long while yet.

correct...

[Link]

Kayla did Anfield & Old Trafford

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Tom-the-eagle Croydon 13 Sep 19 10.58pm
Originally posted by PalazioVecchio correct... [Link] This does not have anything to do with house prices in general. The report states that flats have fallen slightly, however if you carry on reading it states that non flats, ie houses, have been rising. The reason flats have been falling would be due to a lack of demand in the buy to let sector plus many ‘amateur’ landlords selling up due to the change in property tax laws (abolishing Mortgage relief). "It feels much better than it ever did, much more sensitive." John Wayne Bobbit
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Tom-the-eagle

Croydon 13 Sep 19 10.58pm

Originally posted by PalazioVecchio

correct...

[Link]

This does not have anything to do with house prices in general.
The report states that flats have fallen slightly, however if you carry on reading it states that non flats, ie houses, have been rising.

The reason flats have been falling would be due to a lack of demand in the buy to let sector plus many ‘amateur’ landlords selling up due to the change in property tax laws (abolishing Mortgage relief).

"It feels much better than it ever did, much more sensitive." John Wayne Bobbit

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PalazioVecchio south pole 28 Mar 20 3.37pm
in response to the other fella on here, asking about buying a flat. here are the data... [Link] Kayla did Anfield & Old Trafford
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PalazioVecchio

south pole 28 Mar 20 3.37pm

in response to the other fella on here, asking about buying a flat.

here are the data...

[Link]

Kayla did Anfield & Old Trafford

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Tim Gypsy Hill '64 Stoke sub normal 28 Mar 20 8.32pm
Originally posted by PalazioVecchio in response to the other fella on here, asking about buying a flat. here are the data... [Link] Lower prices for buying a house only affect first time buyers or end sellers, ie heirs to property. However, whenever you buy a property, regardless of the market prices, you will be better off financially within 5 years unless you default on the mortgage contract. Systematically dragged down by the lawmakers
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Tim Gypsy Hill '64

Stoke sub normal 28 Mar 20 8.32pm

Send a Private Message to Tim Gypsy Hill '64

Originally posted by PalazioVecchio

in response to the other fella on here, asking about buying a flat.

here are the data...

[Link]

Lower prices for buying a house only affect first time buyers or end sellers, ie heirs to property. However, whenever you buy a property, regardless of the market prices, you will be better off financially within 5 years unless you default on the mortgage contract.

Systematically dragged down by the lawmakers

Alert a moderator to this post

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