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Everything posted by johnny5thumbs

  1. That would be because of the intense mob competition to riot and hang bankers from lamposts ... (per the original 'Black Friday' back in 1800 something - I forget the actual date, and it is 1.30 a.m. and I'm going to bed) ...
  2. Hang on - isn't this the tail wagging the dog? I seem to remember reading that we need to increase our supply of housing by 3 or 4 million units to COPE with the rising tide of immigration (might have been the D.Mail, though). Chicken and egg ?
  3. Maybe too late. My shares in Land Secs aren't that far from joining the 90% club, as are most commercial property cos. It's maybe only worth selling them now if one takes the view that Brit Land, Land Secs, Hammersons et al are not going to survive the crash. (which might or might not be true). Otherwise, maybe better to stay for the white knuckle ride ?
  4. What - all in the same bowl? That won't help house prices locally.
  5. Now now! Let's not be too harsh on our former captains of the banking industry ...
  6. Isn't that what Barclays Bank said until fairly recently ? Didn't stop them joing the 90% club, though ... Blimey - this thread moves fast !
  7. Maybe not. Most local (TQ) Hotel prices tok a bloodbath last housing crash - probably do the same with knobs on this time round. Local EA Luscome Maye's auction on Tuesday (3.3.09) http://www.luscombemaye.co.uk/propauctions.php offered 3 houses, 1 barn with p.p., and 6 lots of pony paddocks & fields - none of the houses reached reserve. But all the pony paddocks & fields sold for above estimate. Must be some sort of meaning there ...
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