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March 29 2024 10.15am

The Great London House-Price Softening

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View cryrst's Profile cryrst Online Flag The garden of England 08 Apr 21 7.53pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by croydon proud

About 10k, and had another on the nose offer to, but they are paying above as well for next place to mate.

For someone who doesn't like capitalism you sure know a few who benefit from it

 

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croydon proud Flag Any european country i fancy! 08 Apr 21 10.03pm

Originally posted by cryrst

For someone who doesn't like capitalism you sure know a few who benefit from it

ha ha, i know a pipefitter that wears a suit to work and signs off boilers that doesn"t do to bad!

 

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View cryrst's Profile cryrst Online Flag The garden of England 09 Apr 21 4.37am Send a Private Message to cryrst Add cryrst as a friend

Originally posted by croydon proud

ha ha, i know a pipefitter that wears a suit to work and signs off boilers that doesn"t do to bad!

Don't forget the bowler hat and walking cane.

 

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View SW19 CPFC's Profile SW19 CPFC Flag Addiscombe West 09 Apr 21 7.52am Send a Private Message to SW19 CPFC Add SW19 CPFC as a friend

Originally posted by Eaglecoops

Houses that were £400k-£430k 18 months ago are now £500k-£550k. Spoke with Fine and Country last week and he says it's his best year of sales ever and that he has virtually no stock. Even houses that have stuck are flying off the books.

There is something to say about getting out of London. My neice has been trying to sell her Wandsworth flat for months, but there are loads for sale and she only got one viewing. She has reluctantly rented it out instead. Compare that with anywhere south of Croydon where prices are shooting up and selling like hot cakes.

As for a crash, that will wholly depend on interest rates. If they suddenly shoot up to 5%-6% then expect to see a load of keys handed into building societies and banks and a rapid softening of prices.

If you own a flat in London you’re in trouble - better to hold rather than sell at this point. Houses doing alright. I’d also dispute the south of Croydon cut off, we recently had ours revalued and it’s increased 10% over the last 12 months, and that’s probably the conservative end of the spectrum.

I see the whole ‘move to the burbs’ is a temporary trend rather than a permanent shift. Yes we won’t be going back to every company demanding being in the office five days a week but most will want people in for a minimum of 3 or 4 days a week within the next 12 months, and expect employees to be living a commutable distance away. Once cities start opening back up again there will be a flip back. This whole narrative of ‘cities are dead’ is massively overblown.

The people working for a lot of big city corporates who have taken the risk of selling up and moved three hours away in the expectation of permanent WFH are going to have a bit of a shock over the coming months.

Edited by SW19 CPFC (09 Apr 2021 12.20pm)

 


Did you know? 98.0000001% of people are morons.

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croydon proud Flag Any european country i fancy! 09 Apr 21 4.14pm

Originally posted by SW19 CPFC

If you own a flat in London you’re in trouble - better to hold rather than sell at this point. Houses doing alright. I’d also dispute the south of Croydon cut off, we recently had ours revalued and it’s increased 10% over the last 12 months, and that’s probably the conservative end of the spectrum.

I see the whole ‘move to the burbs’ is a temporary trend rather than a permanent shift. Yes we won’t be going back to every company demanding being in the office five days a week but most will want people in for a minimum of 3 or 4 days a week within the next 12 months, and expect employees to be living a commutable distance away. Once cities start opening back up again there will be a flip back. This whole narrative of ‘cities are dead’ is massively overblown.

The people working for a lot of big city corporates who have taken the risk of selling up and moved three hours away in the expectation of permanent WFH are going to have a bit of a shock over the coming months.

Edited by SW19 CPFC (09 Apr 2021 12.20pm)


Indeed, Croydon was very busy today, and thats with most shops still closed, urban towns will always be busy.

 

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View cryrst's Profile cryrst Online Flag The garden of England 09 Apr 21 5.42pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by croydon proud


Indeed, Croydon was very busy today, and thats with most shops still closed, urban towns will always be busy.

With muggers, theives and gang members.

 

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View cryrst's Profile cryrst Online Flag The garden of England 09 Apr 21 5.42pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by cryrst

With muggers, theives and gang members.

Are you any of them CP

Edited by cryrst (09 Apr 2021 5.43pm)

 

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View ASCPFC's Profile ASCPFC Flag Pro-Cathedral/caravan park 09 Apr 21 5.51pm Send a Private Message to ASCPFC Add ASCPFC as a friend

Originally posted by cryrst

With muggers, theives and gang members.

Don't forget the religious zealots/nutcases.

 


Red and Blue Army!

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croydon proud Flag Any european country i fancy! 09 Apr 21 5.58pm

Originally posted by cryrst

Are you any of them CP

Edited by cryrst (09 Apr 2021 5.43pm)

Ha ha, I"m Robin Hood mate.

 

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croydon proud Flag Any european country i fancy! 09 Apr 21 5.59pm

Originally posted by ASCPFC

Don't forget the religious zealots/nutcases.

Plenty of both everywhere asc, even in the old country!

 

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View ASCPFC's Profile ASCPFC Flag Pro-Cathedral/caravan park 09 Apr 21 6.18pm Send a Private Message to ASCPFC Add ASCPFC as a friend

Originally posted by croydon proud

Plenty of both everywhere asc, even in the old country!

Really don't have them shouting at us in the street - as long as you're not near anything to do with abortion.
Up north throwing a few stones maybe. Try not to get caught out with revealing questions in places like Dundalk. Mass is not what it used to be, hardly anyone cares. The old dears and the Poles mostly.
Everytime I go to Croydon, I see them kneeling and shouting at that corner near the Whitgift, on my way to the pub of course. In my prime I would give them a bit of banter - these days I just ignore. I don't find it particularly intimidating, more entertaining than anything.

 


Red and Blue Army!

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croydon proud Flag Any european country i fancy! 09 Apr 21 6.48pm

Originally posted by cryrst

Don't forget the bowler hat and walking cane.

Ha ha, it wouldn"t suprise me mate.

 

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