mrtickle Posted June 18, 2017 Share Posted June 18, 2017 As title. Just published, sorry I don't have a link but this was from the fx app calendar. YoY: 1.8% Previous: 3% MoM: -0.4% Previous: 1.2% Both low! Quote Link to comment Share on other sites More sharing options...
hadouken Posted June 19, 2017 Share Posted June 19, 2017 Yep: http://www.telegraph.co.uk/property/house-prices/spring-selling-season-stalls-asking-prices-fall-first-time-year/ (1st post after a decade of lurking... It's too hot to sleep... Hi!) Quote Link to comment Share on other sites More sharing options...
hadouken Posted June 19, 2017 Share Posted June 19, 2017 First June fall of rightmove index since 2009... And London fell 2.4% last month, down 1.4pc on year. Quote Link to comment Share on other sites More sharing options...
AvoidDebt Posted June 19, 2017 Share Posted June 19, 2017 Miles Shipside, director of Rightmove, said: “It now seems certain that we will have continuing political uncertainty, which the housing market traditionally dislikes, and with the first fall in June prices for eight years there is no doubt that the lack of stability is a factor. Where is Shipsides evidence that its linked to the election? Or is he just linking general political/economic uncertainty? Do these guys even look at the prices and think OMFG!! This is from nationwide a few weeks ago. Robert Gardner, says: “If history is any guide, the slowdown is unlikely to be linked to election-related uncertainty. Housing market trends have not traditionally been impacted around the time of general elections. “Rightly or wrongly, for most homebuyers, elections are not foremost in their mind while buying or selling their home.” Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted June 19, 2017 Share Posted June 19, 2017 Why does anyone give this joke of an index any airtime ? Quote Link to comment Share on other sites More sharing options...
Blod Posted June 19, 2017 Share Posted June 19, 2017 I particularly like that asking prices fell by 2.4% this month. Can't see Jeremy Corbyn's comments regarding confiscating empty homes going down well as he appears currently in acendency and might form the next government. Quote Link to comment Share on other sites More sharing options...
dougless Posted June 19, 2017 Share Posted June 19, 2017 13 minutes ago, Blod said: I particularly like that asking prices fell by 2.4% this month. Can't see Jeremy Corbyn's comments regarding confiscating empty homes going down well as he appears currently in acendency and might form the next government. I like your thinking on this. Empty homes, Investment homes and even holiday homes are hard to justify when we have such a problem with housing in the UK. I would like to see a One Home policy - you are only allowed to own one property or you are taxed mercilessly. Quote Link to comment Share on other sites More sharing options...
LC1 Posted June 19, 2017 Share Posted June 19, 2017 13 minutes ago, dougless said: I like your thinking on this. Empty homes, Investment homes and even holiday homes are hard to justify when we have such a problem with housing in the UK. I would like to see a One Home policy - you are only allowed to own one property or you are taxed mercilessly. Me too. Never gonna happen Quote Link to comment Share on other sites More sharing options...
Blod Posted June 19, 2017 Share Posted June 19, 2017 9 minutes ago, LC1 said: Me too. Never gonna happen Markets move at the edges. Sentiment is becoming more and more toxic. It's highly unlikely to go ahead but highlights the ideological position of potentially the next government. We can also throw into that delightful mix the increasing pressure on interest rates. Overall buying any property currently is either an act of bravery or folly. Quote Link to comment Share on other sites More sharing options...
AvoidDebt Posted June 19, 2017 Share Posted June 19, 2017 Timely reminder from Pryor. Price it what you will but the sell rate isn't exactly fantastic. Quote Link to comment Share on other sites More sharing options...
Gribble Posted June 19, 2017 Share Posted June 19, 2017 3 hours ago, dougless said: I like your thinking on this. Empty homes, Investment homes and even holiday homes are hard to justify when we have such a problem with housing in the UK. I would like to see a One Home policy - you are only allowed to own one property or you are taxed mercilessly. Pathetic. Let's also have a 2 kid policy - shoot the 3rd 4th 5th etc. Quote Link to comment Share on other sites More sharing options...
ftb_fml Posted June 19, 2017 Share Posted June 19, 2017 9 minutes ago, Gribble said: 3 hours ago, Blod said: I particularly like that asking prices fell by 2.4% this month. Can't see Jeremy Corbyn's comments regarding confiscating empty homes going down well as he appears currently in acendency and might form the next government. Pathetic. Let's also have a 2 kid policy - shoot the 3rd 4th 5th etc. Pathetic why? Because it stops those with massive amounts of disposable wealth accumulating even more at the expense of those who can least afford it and can't even afford one property to call home, let alone multiple...? Tbh obviously a one property limit is a bit extreme given that there will always be a legitimate demand for people who rent by choice, however I think 2nd properties should be taxed handsomely (massively if they're intended as largely unoccupied, holiday homes) and anything more than this should be taxed so hard that it makes it completely financially nonviable. Of course there's no chance of this happening with the current bunch of self-serving muppets in power, but something I'd like to think Corbyn might consider when he becomes Prime Minister Quote Link to comment Share on other sites More sharing options...
Gribble Posted June 19, 2017 Share Posted June 19, 2017 Just now, ftb_fml said: Pathetic why? Because it stops those with massive amounts of disposable wealth accumulating even more at the expense of those who can least afford it and can't even afford one property to call home, let alone multiple...? Tbh obviously a one property limit is a bit extreme given that there will always be a legitimate demand for people who rent by choice, however I think 2nd properties should be taxed handsomely (massively if they're intended as largely unoccupied, holiday homes) and anything more than this should be taxed so hard that it makes it completely financially nonviable. Of course there's no chance of this happening with the current bunch of self-serving muppets in power, but something I'd like to think Corbyn might consider when he becomes Prime Minister Your suggestion is that housing is a limited resource. Lets accept this assumption. But as everything else is then why should people be allowed to have more than 1 car, or 2 kids, etc. Each of the latter takes up resources of the planet (fuel food pollution congestion etc_ at the expense of people so there is no difference according to the assumption. So if you decide only one house then you cannot argue against only 1 car 2 kids etc. Plus are you suggesting all civil servants have their pensions stripped away from them. Some people do not have any pension provision other than a BTL. You are advocating theft - thou shall not covet. Don't get me wrong I do not own a second property in the UK, but one in Germany as I have NO pension. I would not touch UK property as it is a overpriced mega-bubble. I also think that like Germany,rents should be tightly controlled, people should never be thrown out under any circumstances if they pay rent, you can withhold or reduce rental payments if there is any problem/maintenence issues. But to advocate effectively seizing any property or possession (e.g. via punitive taxation) smack of jealousy and envy and supports theft. If you want to sort the problem I suggest you look at the party you support who flooded the country with millions may of whom are fast breeding parasites Quote Link to comment Share on other sites More sharing options...
the_duke_of_hazzard Posted June 19, 2017 Share Posted June 19, 2017 50 minutes ago, Gribble said: Pathetic. Let's also have a 2 kid policy - shoot the 3rd 4th 5th etc. Don't we already have a 2-kid policy wrt child benefit? Quote Link to comment Share on other sites More sharing options...
Gribble Posted June 19, 2017 Share Posted June 19, 2017 1 minute ago, the_duke_of_hazzard said: Don't we already have a 2-kid policy wrt child benefit? No. We don't punitively tax people with more than 2 kids Quote Link to comment Share on other sites More sharing options...
dougless Posted June 19, 2017 Share Posted June 19, 2017 47 minutes ago, Gribble said: No. We don't punitively tax people with more than 2 kids That's a thought..... Quote Link to comment Share on other sites More sharing options...
“Nasty Piece of work” Posted June 19, 2017 Share Posted June 19, 2017 5 hours ago, TheCountOfNowhere said: Why does anyone give this joke of an index any airtime ? I agree, it is a big joke - but the first time down in June in 8 years points to times changing. Quote Link to comment Share on other sites More sharing options...
Frugal Git Posted June 19, 2017 Share Posted June 19, 2017 1 hour ago, Gribble said: Some people do not have any pension provision other than a BTL. You are advocating theft - thou shall not covet. Don't get me wrong I do not own a second property in the UK, but one in Germany as I have NO pension If you want to sort the problem I suggest you look at the party you support who flooded the country with millions may of whom are fast breeding parasites Wow. Just wow. You can always rely on a leech like (my apologies to leeches) BTL landlord who doesn't do diversification - either financial or social - to be a pot calling a kettle black. Quote Link to comment Share on other sites More sharing options...
blackhole Posted June 19, 2017 Share Posted June 19, 2017 (edited) 1 hour ago, Gribble said: Don't get me wrong I do not own a second property in the UK, but one in Germany as I have NO pension. I would not touch UK property as it is a overpriced mega-bubble. I also think that like Germany,rents should be tightly controlled, people should never be thrown out under any circumstances if they pay rent, you can withhold or reduce rental payments if there is any problem/maintenence issues. But to advocate effectively seizing any property or possession (e.g. via punitive taxation) smack of jealousy and envy and supports theft. If you want to sort the problem I suggest you look at the party you support who flooded the country with millions may of whom are fast breeding parasites Hee Hee. Nice try. Edited June 19, 2017 by blackhole Quote Link to comment Share on other sites More sharing options...
jiltedjen Posted June 19, 2017 Share Posted June 19, 2017 can the mods not remove such racist comments? i mean calling immigrants 'fast breeding parasites' surely crosses an acceptable line? i mean we are talking about people here not buy to let landlords. I'm happy that prices are falling, its very similar to 2007 right now, next year could be a mild HPC by the looks of it. Quote Link to comment Share on other sites More sharing options...
blackhole Posted June 19, 2017 Share Posted June 19, 2017 10 minutes ago, jiltedjen said: can the mods not remove such racist comments? i mean calling immigrants 'fast breeding parasites' surely crosses an acceptable line? i mean we are talking about people here not buy to let landlords. I'm happy that prices are falling, its very similar to 2007 right now, next year could be a mild HPC by the looks of it. Leave it there - free speech and all. Let them show their true colours. Just yet another example of Venger et el being correct - they're starting to lash out. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted June 19, 2017 Share Posted June 19, 2017 13 minutes ago, jiltedjen said: can the mods not remove such racist comments? i mean calling immigrants 'fast breeding parasites' surely crosses an acceptable line? It's pretty rude, probably not true in most cases, but it's not racism. Quote Link to comment Share on other sites More sharing options...
happyrichie Posted June 19, 2017 Share Posted June 19, 2017 5 hours ago, dougless said: I like your thinking on this. Empty homes, Investment homes and even holiday homes are hard to justify when we have such a problem with housing in the UK. I would like to see a One Home policy - you are only allowed to own one property or you are taxed mercilessly. good way too drive away money to different shores, hey, lets make everybody poorer no mate, its the planning law thats the problem, let rich people build so they can sell cheap Quote Link to comment Share on other sites More sharing options...
lombardo Posted June 19, 2017 Share Posted June 19, 2017 1 minute ago, TheCountOfNowhere said: It's pretty rude, probably not true in most cases, but it's not racism. So calling immigrants parasites is "probably true in a few cases"? Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted June 19, 2017 Share Posted June 19, 2017 2 minutes ago, blackhole said: Leave it there - free speech and all. Let them show their true colours. Just yet another example of Venger et el being correct - they're starting to lash out. Is anyone surprised people are lashing out ? I was in Northampton on Friday, OMG, I am truly appalled at what the place looks like. This "immigration is good" propaganda is clearly self serving bulls**t. What do people really thing is going to happen when the government ignore the popular vote and [pander to bankers, corporations and foreigners ? Anyways, racism: racism ˈreɪsɪz(ə)m/ noun prejudice, discrimination, or antagonism directed against someone of a different race based on the belief that one's own race is superior. I'd say trying to breed out an indigenous population is pretty lever, it's the Brits that are pretty thick to allow it. Am I an Anti British Racist now ? Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.