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About ronpember

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    HPC Poster

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    Political Quietist. Shoe size 10.
  1. Spyguy, thanks for posting this. One thing I haven't seen mentioned is that given the market for flats is so depressed right now then it must be feeding in to the wider market more generally but not in a contagious, price deflation sense. If those folks who might otherwise have been in the market for purchasing apartments are now buying houses instead then this is contributing further to the HPI we are experiencing atm, given the already constrained nature of supply. Is it possible that those already in the apartment sector of the market are stranded, disconnected from the market which
  2. love, love, love a play by mike bartlett deals with the issue. i think it was first performed in 2010. i heard it on radio 3 last year and i'm sure it will be lurking around somewhere on the web
  3. the chart in the article shows all august rightmove asking price stats back to 2002 https://www.bloomberg.com/news/articles/2018-08-20/steepest-u-k-house-price-discounts
  4. http://preview.*******.com/ybpgswjc “Trading remains challenging for Foxtons due to the low levels of housing activity in the capital. “In our view, this is being exacerbated by the group’s relatively high commission fees, which are increasingly detached from average rates charged by its competitors. “Self help could come in the form of a reduction in fees but, as yet, management seems reluctant to take such action. The lettings fee ban looks set to come into force in 2018, which will create a further drag on profitability.”
  5. Well no - he's just another pushy salesman, isn't he? Sorry but I think wine is to be consumed - and pronto. Literally...
  6. Yes quite - usual expectation management...you're quite correct - except the poor souls who lose their livelihoods... and 4000 is no mean number.
  7. Yes exactly what I was thinking - who knows what next...a rights issue? How will that work with over 80% already in state ownership? Well - more money from HMG presumably. This is a crucial phase for this once great institution. It will be very interesting to see how this plays out...
  8. @SkyNewsBreak tweeted: Sky sources: RBS to announce up to 4000 investment bank job cuts this week Not good! edit to add Full story here: http://blogs.news.sky.com/kleinman/Post:c22c18ee-96e8-4830-82bc-071bad28b585
  9. Hey! - I believe house prices will rise modestly next year as per my sig. Well I'm off out now to get pissed - thanks - Ron
  10. Well let's see shall we - do these analysts who are polled have a track record in predicting house prices correctly? Here is their prediction at Q3/Q4 2010... http://uk.reuters.com/article/2010/09/23/uk-poll-uk-house-prices-poll-idUKTRE68M20X20100923 According to Nationwide house prices on a year on year basis are currently up 1.6%... http://en.wikipedia.org/wiki/Confirmation_bias
  11. Played - I bought a house in Q3 09 for £370k - just completed the sale of this two years later for £450k - I paid £200 (two hundred) a month for the mortgage and paid about £250 a month after I moved in on some plastering...so in my personal viwe it was better to buy during the period under discussion - but now I think everything is going to fall apart in the housing market - so I am off! Good luck!!
  12. http://www.moneyweek.com/about-us/the-moneyweek-team/john-stepek.aspx John Stepek is editor of Moneyweek http://www.moneyweek.com/about-us/the-moneyweek-team/merryn-somerset-webb.aspx Merryn Somerset Webb is editor in chief. Your lackadaisical approach to the facts is to be regretted.
  13. Hard to say - but given your personal circs I would bestrongly inclined to buy. Then forget about house prices and just concentrate on your family.
  14. As you say - nothing to do with CGT - your post makes you look like a right ignoramus!!
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