Thursday, Feb 28, 2008
Oops ... shouldn't have said that!
BBC: Wales' tallest building approved
Scroll down to the end of the article for this blinding insight ...
... Michael Jones, from Michael Jones Estate Agents in Cardiff, said the housing market in the city was slowing down.
"With the development of the bay, there have been a lot of people buying and speculating, and that bubble does appear to have burst," he told BBC Wales."... We've overdeveloped certain areas and built the wrong type of properties."
Posted by mark wadsworth @ 06:00 AM (568 views) Add Comment
6 Comments
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1. hpwatcher said...
''there have been a lot of people buying and speculating, and that bubble does appear to have burst''
''We've overdeveloped certain areas and built the wrong type of properties''
There are honest estate agents around.....not all are liars!
2. bystander said...
There are honest estate agents around.....not all are liars!@hpwatcher
................... but the majority are still prepared to twist the truth - saw a flat yesterday on a dual agency - on the web site of one (the one who showed it to me) at 199,950, and on the other at 209,950, but he decided to tell me it was on for 209,950 and would be willing to take an offer of 199,950 (in other words his own agency's asking price). When looking at properties it pays to do your homework and it was a joy to confront him with this incident of mis-selling, mis-information and fraudulent advertising. Safe to say I won't be passing him any of my trade in the near future. So yes there are 'some' honest estate agents in the same way there are 'some' honest politicians, just not enough.
3. hpwatcher said...
''just not enough''
I don't deny that the majority are liars and little better than thieves...but occasionally - about 5% - are quite honest.
The guy you saw is a thief, and should be reported to the police.
4. techieman said...
By "the bay" does he mean Greenbay? Sounds like somewhere our favourite blogger can put his quadzillion council tenants!! That's Lovely!!!
Hpwatcher - the police?! Right and what exactly do you think they would do?
5. (cr)ash said...
@bystander - OK - I am not a lawyer (unless a Law A-Level counts!) but it sounds like obtaining pecuniary advantage through deception. That estate agent lied about the price they were asking in order to try and con you in to thinking you could get a "good" deal (granted - you had done your homework - but others may have been duped). The more the house sells for the more the EA makes - i.e. by deceiving you he obtains pecuniary advantage.
Theft act 1968 s16 seems to apply - and if it does it carries 5 years in a prison cell! (I mean - highly secure modern studio apartment)
http://www.opsi.gov.uk/acts/acts1968/pdf/ukpga_19680060_en.pdf
6. wdbeast said...
techieman, what a true coincidence.
I have in fact discovered that Greenbay is a 17 year old A level student.
He is studying Sociology as one of his subjects and this blog is the major part of his course work on social housing in the Cardiff area.
Small world isn’t it.