s2r2005

thanks for that JP, in the area i am looking and i was wondering when the 320-350ish properties would start coming down to the stamp duty threshold. i nice solid 20% drop too. hebden bridge has been holding out for too long and sellers think 10% off is a bargain. nice loooking place too, but high on the tops so probably very cold a lot of the time.

an NHS orthodontist wouldn't get out of bed for these sort of salaries. and there are tens of thousands of them. and they just fix braces.

away from the grimy loveliness of leeds city centre, here in hebden bridge we have a little downward movement at last, this pleasant terrace on for 240k recently http://pdf.reedsrains.co.uk/propimg/002_00...f/200103542.pdf seems comparable to this place on at 365k at peak a year ago, now at 320k http://search.issl.co.uk/LargePicture2.asp...le=Main%20Image apart from the latter having a small garden slightly detached from the house (communal driveway before you get to it) a year ago the first place would have been on for 300k easy so that is 20% drop in asking price on stuff just coming on the market, which is making other properties look ambitiously priced to say the least.

in response to my ssaying i was looking at waiting until i could et 30-35% off peak price i just had a cheeky estate agent in west yorks tell me that no one was going to accept less thank 15% below peak. despite the nationwide figures today. i was jusy quiet. as tumbleweeb blew across the empty office.

hi drew, there is a very helpful 'should we rent or buy' thread on the main page where you will get more sensible adive from more people than this sub-forum. good luck.

thanks from me too tommyboy, the force is strong in you. and my local EA looks at these auctions so am sure will be treating my cheeky offers with a little more gravity from now on.

it will be a much better investment when the price drops another 20% which is entirely possible.

have to say this site can be a magnet for a lot of hard hearted mail reading bnp voting retards and it is pleasure to read so many sensible and considered responses to those kind of views. i would write one myself but am rather tired.

i've not recieved voting papers if it is going out to co-op members, but will vote no too.

wish the agents round here were helpful or realistic enough to make that work, they have also gotten a little more bullish since christmas which won't help matters. i have a feeling we are in for a long hard slog before serious reductions set in.

here in chi chi west yorkshire EAs were frank about deflated markets at the end of last year but are also apparently busy with viewings at the moment if not the sellings. no real asking price drops, 10% tops i am afriad. don't know about selling prices, too few to count.

when i got married in 03 i became an accidental landlord for a year as my wife wouldn't live in my part of london. it was a logistical nightmare in terms of mortgage, insurance, bills etc and i sold up as soon as i could (after moving back in for 6 months to do it up after my tenants moved out leaving it like a bomb site). serves me right for landlordism i know but i never planned it that way. i suspect a lot of the mew accidentals will find it even more unrewarding than i did as at least house prices were rising during that time.

said it before and i'll say it again, these kind of figureres are on a par with what the state pays tens of thousands of gps, consultants and dentists and is a fraction of what nhs orthodontists were on until recently but the tax payers alliance is strangely silent on this. are they a bunch of doctors and dentists wanting to keep the golden trough to themselves?

top reply heather5, very good to hear a spitited defense of the oublic sector and a sensible critique of the outsourcing / PFI culturethat has been yet another shameless funneling of public funds into the hands of a few private firms. whatwould people prefer? £X spent on rubbish collection where most staff are paid a living wage for a tough job or the same amount paid to a private company who pay staff much less, on much worse conditions and pay the remainder to shareholders? i suppose the question is do you want to live in a society that rewards hard work or rewards share ownership?

Zimbardo, emminent psychologist from the US, has been writing about that a lot in recent years, he calls it developing 'future time perpective' and it does seem to correlate to class (your fathers own FTP). it is basically a new and more cognitive model of the deffered gratification model that exited sociologists so much in the 70s.

this is wholly anecdotal but locally (w yorks) i am told a number of people who were motivated sellers are a lot less motivated now their mortgage has come down substantially so this will at least slow down the crash. not a bad thing in some respects, i take no pleasure in people like my self-employed plaster brother in-law losing their house because they have less business coming in.

nice first post britwizard, you are in a great position there, not that different to mine (s2r in dec 2005, though more by luck due to moving jobs than design, still waiting to buy back in) but just had my money in a bank (the co-op) not making much money but steady and reliable and ethical banking too. am weary of renting, this is our second place in 3 years, and i will buy back in once prices are 33% off peak which i hope will be later this year. i think prices will fall further but this will do for me as i want a home more than i want an investment. what % off peak would make you buy back in?

now i would be the first to criticise the awful way that the population of the UK has been had by the present and previous political administrations and many branches of the finance industry. but then i look at the news and see kids killed in rocket attacks, or starving through simple lack of food, or women raped by militias and think i am happy to be done over financially in return for me and my kids being free from the threat of those things. have i fallen for an obvious trick? a simple orwellian bit of news manipulation to make me thankful for the little i have? quite possibly, but no matter how crap the next few years get my kid will basically be safe from some of the worse horrors stalking the earth. i think starting a family has made compromise a far more appealing route than revolt.

which bit of yorkshire? here in hebden bridge there have been a few sales in the 300-400k region the last 3 months (not on land registry yet though) plus a few more ledd than that but basically moribund and no one dropping asking prices more than 5%. eas reckon you can get 20% off some but no more and not many motivated sellers.

if it is any consolation i was at the in-laws this weekend and one (professional, smart) one told me he had worked out how much i had lost by s2r-ing 3 years ago and that i should have bought again straight away, he reckoned i had 'lost' 100k. i explained how with the interest made, falling prices etc and even factoring in rent piad out i had saved about 80k and was saving more every day i rented, even with interest so low. he still didn't believe me. so a way from the shoe shine moment yet. his brother is thinking of getting a btl in the west midlands too.

>>A propensity for deviant crimes or having psychopathic tendencies? >and there is no evidence for the existence of genes for category 2. well said, though there is considerable evidence for a large set of environmental risks for 2 that can exacerbate genetic tendencies towards say callous traits. it is much easier and of course more humane to eradicate the environmental risks which in a nutshell are experience of abuse, neglect, poverty, homelessness, victimisation and general poor parenting. for a recent summary of this interested parties should look at: Blair,R. J. R.,& Viding,E. (2008). Psychopathy. Chapter 51 in Rutter,M., Bishop,D., Pine,D., Scott,S., Stevenson,J., Taylor,E.,& Thapar,A. (ed.) Rutter’s Child and Adolescent Psychiatry. John Wiley & Sons, 5th edition, pp. 852-863. Fontaine,N. & Viding,E. (2008). Genetics of Personality Disorder. Psychiatry 7, 137-141. Larsson,H., Viding,E.,& Plomin,R. (2008). Callous-unemotional traits and antisocial behavior: Genetic, environmental and early childhood influences. Criminal Justice and Behaviour 35, 197-211.

in case anyone else is keeping an eye on west yorks still hebden bridge remains sticky to say the least, a few asking price drops of 5%, a couple of 10% and thats it. EAs have suggested 20% reductions may be possible on a few but we are still very much in the denial stages and prices remain pretty shockingly high. in fact new instructions seem to even higher than this time last year. i suspect part of this is the lack of truly forced sellers, though there have been a couple of places that have gone to rent after not selling for a while.

dinker said: Labour represent the parasitic class. bankers, estate agents and property developers.

i live just a bit further along the calder valley and asking prices are on the whole no different to summer 2007, but a couple of EAs have invited offers 20% below that on some properties with the impication that they will be accepted. however i think the general consensus with sellers is it can't happen here. or won't until HBOS really tanks.

just like to say that it is a breath of fresh air to hear mr peregrination humanise the experience of migration a bit and add my congratulations, being a dad is by far the most satisfying and briliiant thing. once they are past 18 months old any how.