Jump to content
House Price Crash Forum

Casual Observer

Members
  • Posts

    5,732
  • Joined

  • Last visited

Everything posted by Casual Observer

  1. Careful how you analyse the results. I'm 50 and only look at this site because I'm concerned about my kids' future ability to buy!
  2. You are not compelled to have life insurance if you own a home at all. No one ever compelled me to have it and I've been a home-owner for 30 years.
  3. Not much consolation for despondant, or other graduates like him (my 2 sons included) but the fact that half of the population are going to have large debts to repay will, IMO, have a big effect on limiting future house price rises. i.e. if you all had more disposable income you'd only be paying more for your first house, whilst the rest of the taxpayers were paying for your education (which I can just about stomach for useful people like Engineers, but not for some of the courses that people study)
  4. Whenever I suggest price falls I always get a variant of the same response "they might not go up by as much as they have, but I don't think they'll drop" I remember exactly the same responses before the last crash in early 90s. I always then say "Oh, why do you say that?" Not once have I ever had a reasoned reply. Try it!
  5. one of the big problems is that with so much new development, no-one's interested in second hand. My brother in law has been trying to sell his holiday apartment in Torrevieja since about March, but he's competing with all of the marketing powers of the many, many developers of brand new properties. His is quite nice, but at 14 years old no one wants to even view it
  6. Another good reason is low wage inflation, preventing owners from trading up the propoert ladder. Another is the government target of giving half the future population high university debts.
  7. Whilst agreeing with all the posts on this thread, be honest with yourselves. No matter what line of business we're in, we all try to talk up the products and services we offer, otherwise we talk ourselves out of our livelihoods. The last thing any of us are going to do is tell our customers that the products we sell could be bought cheaper in the future - that goes for pretty much everyone, think about it. I've never believed price predictions from those with vested interests, and I hope others take the same approach. My point is, let's not be so incredulous about estate agents talking the market up, or too hard on them come to that, take an honest look at how you promote your own services, both internally or externally!
  8. The agent who was showing us Turkish houses told us that most of the buyers were Brits, followed by Dutch and Germans
  9. Local agent persuaded 80% of his vendors to reduce prices last month by 5-10%. Many more for sale and to let signs, some with 2 agents' boards
  10. On the old site I reecently posted an item about my local estate agent (Shenfield, Essex) telling me that he'd persuaded 80% of his vendors to reduce their prices by between 5 and 10% last month - Loads of houses in the area sporting for sale signs with 2 estate agents
  11. I've just pulled out of buying a holiday home in Turkey - I'm not convinced about the hype about price rises, and it didn't seem worth the hassle just to provide a place for holidays
  12. 1. My brother-in -law has been trying to sell his holiday home there for about 6 months - no interest t all 2. An overseas agent I know told me there's reall problems in Spain, with over development making it almost impossible to sell second-hand Wouldn't touch it with a barge-pole
  13. I cant understand why the Mail and Express haven't adopted their usual style on the recent news of house price falls e.g."Middle classes facing property price nightmare". In my opinion these kind of headlines in the popular so-called serious tabloids would quickly accelerate price falls.
  14. I cant understand why the Mail and Express haven't adopted their usual style on the recent news of house price falls e.g."Middle classes facing property price nightmare". In my opinion these kind of headlines in the popular so-called serious tabloids would quickly accelerate price falls.
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.