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December 11 2018 1.13pm

The Great London House-Price Softening

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View Stirlingsays's Profile Stirlingsays Flag Wisbech, England 18 Mar 18 5.46pm Send a Private Message to Stirlingsays Holmesdale Online Elite Member Add Stirlingsays as a friend

Originally posted by Rudi Hedman

I do hope there aren't any British retirees moaning about this and then when it comes to building new homes on green sites near them or golf courses they're moaning about that as well.

It would remind me of the Caterham nimbys re the golf course housing plans on the chaldon road but being lib dem pro-Europe and relaxed immigration policies.

Yep.

We need new cities let alone new homes!

The last few governments have allowed the nation's population to grow at such a rate ahead of house building that they have criminally forsaken younger people's chances of having a reasonable place of their own.

Tory, Labour or whatever, they are all culpable and all a complete and utter shower.

Governments have been allowing a 'ponzi scheme' on population growth in this country....because they won't be around to pick up the pieces after their terms of office.

Housing should always have been a priority, especially since the success of life expectancy adds to the growth problem of immigrants who stay.

 

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 18 Mar 18 5.47pm Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by croydon proud


you could sell up badger and buy a nice semi in hull for 125k , one town is much like another these days, even hull i imagine, all have a nice bit away from the riff raff, you could live like a king and play golf, eat out, travel a lot more, and still have loads of dosh in the bank, happy days!

Hull? Fvck me there are limits.

 


COYP

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 18 Mar 18 5.49pm Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by Stirlingsays

Yep.

We need new cities let alone new homes!

The last few governments have allowed the nation's population to grow at such a rate ahead of house building that they have criminally forsaken younger people's chances of having a reasonable place of their own.

Tory, Labour or whatever, they are all culpable and all a complete and utter shower.

Governments have been allowing a 'ponzi scheme' on population growth in this country....because they won't be around to pick up the pieces after their terms of office.

Housing should always have been a priority, especially since the success of life expectancy adds to the growth problem of immigrants who stay.

Yes it needs a cross-party policy as do other things.

 


COYP

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View Lyons550's Profile Lyons550 Flag Shirley 19 Mar 18 11.05am Send a Private Message to Lyons550 Add Lyons550 as a friend

Originally posted by Rudi Hedman

Hull? Fvck me there are limits.

Hull is definitely on the up and the surrounding areas are far nicer than Croydon etc...

 


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View crystal balls's Profile crystal balls Flag The Garden of Earthly Delights 19 Mar 18 5.05pm Send a Private Message to crystal balls Add crystal balls as a friend

Originally posted by Lyons550

You could always sign it over to them in order that inheritance isn't an issue...having said that its only an issue if you leave more than 400k...

Well the Inheritance Tax threshold on your main residence increases again next year, so that for a couple who don't use their nil rate allowance to IHT on the first to die can transfer it to the survivor, so that on the second death a main residence worth up to 1,000,000 can pass on to the beneficiaries without a liability to IHT.

Also, if you have a property worth more than 1m you can take a lifetime mortgage and release some of the value of the property(maybe give it to the children, or spend it on cocaine and hookers). The loan is repayable on death, which reduces the value of the property and consequently the tax liability.

 


I used to be immortal

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View PalazioVecchio's Profile PalazioVecchio Flag south pole 19 Mar 18 5.31pm Send a Private Message to PalazioVecchio Add PalazioVecchio as a friend

Originally posted by Lyons550

Hull is definitely on the up and the surrounding areas are far nicer than Croydon etc...

Mogadishu is on the up, since the civil war, and the surrounding areas are far nicer than Croydon....

 


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View SeagullHunter's Profile SeagullHunter Flag Reading 23 Mar 18 1.46pm Send a Private Message to SeagullHunter Add SeagullHunter as a friend

Interesting perspective from a mate who worked for a large commercial property firm. They have done an extensive report on future of London house market through extensive financial models, inclusion of environmental reports, political climates etc etc. -

8% annual growth on avg London house price growth pre-brexit since 80s.
1% in 2016
0.5% in 2017
They reckon post 2018 we'll see first negative slips since 80s.

But still 50 year old Carling drinkers will support Brexit being economically beneficial because they cant accept they were wrong haha

Edited by SeagullHunter (23 Mar 2018 1.46pm)

 


Dont let Cabaye go

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 23 Mar 18 1.50pm Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by SeagullHunter

Interesting perspective from a mate who worked for a large commercial property firm. They have done an extensive report on future of London house market through extensive financial models, inclusion of environmental reports, political climates etc etc. -

8% annual growth on avg London house price growth pre-brexit since 80s.
1% in 2016
0.5% in 2017
They reckon post 2018 we'll see first negative slips since 80s.

But still 50 year old Carling drinkers will support Brexit being economically beneficial because they cant accept they were wrong haha

Edited by SeagullHunter (23 Mar 2018 1.46pm)

Price of property, housing and rent is artificially too high anyway.

 


COYP

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View .TUX.'s Profile .TUX. Flag 23 Mar 18 1.59pm Send a Private Message to .TUX. Add .TUX. as a friend

Originally posted by SeagullHunter

Interesting perspective from a mate who worked for a large commercial property firm. They have done an extensive report on future of London house market through extensive financial models, inclusion of environmental reports, political climates etc etc. -

8% annual growth on avg London house price growth pre-brexit since 80s.
1% in 2016
0.5% in 2017
They reckon post 2018 we'll see first negative slips since 80s.

But still 50 year old Carling drinkers will support Brexit being economically beneficial because they cant accept they were wrong haha

Edited by SeagullHunter (23 Mar 2018 1.46pm)

Did wages inflate at the same rate?

 


Buy Litecoin.

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View Lyons550's Profile Lyons550 Flag Shirley 23 Mar 18 4.07pm Send a Private Message to Lyons550 Add Lyons550 as a friend

Originally posted by .TUX.

Did wages inflate at the same rate?

A fair point...people only see what they want to see. The reason for most property bubbles is FOMO (Fear of missing out) so they buy at above market value to ensure they are in place as the rise continues...then the next poor souls see prices continuing to rise based on previous sales and offer more again...and again ...and again..until they start to say fcuk off I cant afford that and then the bubble bursts and then sinks to a level that can be afforded (pretty much to where wage inflation has settles at the time) and then the cycle starts again!

 


The Voice of Reason In An Otherwise Mediocre World

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View Mapletree's Profile Mapletree Flag Croydon 23 Mar 18 4.33pm Send a Private Message to Mapletree Add Mapletree as a friend

Originally posted by Stirlingsays

Yep.

We need new cities let alone new homes!

The last few governments have allowed the nation's population to grow at such a rate ahead of house building that they have criminally forsaken younger people's chances of having a reasonable place of their own.

Tory, Labour or whatever, they are all culpable and all a complete and utter shower.

Governments have been allowing a 'ponzi scheme' on population growth in this country....because they won't be around to pick up the pieces after their terms of office.

Housing should always have been a priority, especially since the success of life expectancy adds to the growth problem of immigrants who stay.

Or free condoms.

 

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View Tom-the-eagle's Profile Tom-the-eagle Flag Croydon 23 Mar 18 7.04pm Send a Private Message to Tom-the-eagle Add Tom-the-eagle as a friend

Originally posted by SeagullHunter

Interesting perspective from a mate who worked for a large commercial property firm. They have done an extensive report on future of London house market through extensive financial models, inclusion of environmental reports, political climates etc etc. -

8% annual growth on avg London house price growth pre-brexit since 80s.
1% in 2016
0.5% in 2017
They reckon post 2018 we'll see first negative slips since 80s.

But still 50 year old Carling drinkers will support Brexit being economically beneficial because they cant accept they were wrong haha

Edited by SeagullHunter (23 Mar 2018 1.46pm)

You are implying that a fall in house prices is a bad thing. Why so?

No doubt you also complain that housing is too expensive. You can't have it both ways.

Edited by Tom-the-eagle (23 Mar 2018 7.04pm)

 


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