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House Price Crash Forum

naturals

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About naturals

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    HPC Poster

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    Kingston upon Thames

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  1. I've lived here just over three years. I don't think I can recall a time when Kingston Regal (on Richmond Rd, by Kingston Station) has ever looked like a live building site. There are now homeless people living in the hoarding. This has firesale written all over it when (if?) the flats ever come to market, particularly as there are plans for ~400 flats in the car park opposite.
  2. Hard to tell which way it'll fall. I'm personally looking at blue chip firms down on their luck (plenty around to choose from) and the tech companies - they're generally smart guys, agile with an ability to profit from the chaos. I'd steer clear of FB et al as it's hard to see them growing significantly bigger and they already have several years of growth priced in. @2rocketman - do you have to sign up to The Share Centre to view their forums? I can't seem to find them.
  3. Been looking for a good trading forum. Would you be so kind as to share where you use?
  4. No! After many years of successfully dodging stable employment, I'm now in a "job for life" type situation, with an OK deposit saved up. As prozac says, the crash doesn't seem to have started happening where I am (SW London / Surrey borders). Annoyingly prices here have flatlined and the drops just mean central London (Zone 1-3) is often cheaper / comparable than this part of town. Personally I'm taking a much keener interest in prices, ready to buy in 2-3 years if there's a sudden drop, or 5-10 years if there's more protracted "negative price rises".
  5. Perfectly suited for the AirBnb / short stay let / massage parlour market? Can't see who else would be tempted by that.
  6. Absolutely, it's like a war zone around there right now. Still, anything down on 2016 prices, with a refurb thrown in, shows the state of the local market atm.
  7. A long way of "good value" still but this caught my eye. Last sold April 2016 for £369k. Looks like a developer has been in. Listed Jun 2017 £496k. No takers since, currently sat a £350k. https://www.zoopla.co.uk/for-sale/details/44082285?search_identifier=b39b6fe1a19488670a84d03320422079
  8. £146k (29%) drop on asking in Kingston. Looks like a developer getting their fingers burnt. https://www.zoopla.co.uk/for-sale/details/44082285?search_identifier=b39b6fe1a19488670a84d03320422079 Far from the best area, admittedly, but now £19k below last sold price in 2016!
  9. Absolutely mad price. Then again, I keep coming back to this "under offer" property here.
  10. What a lazy assumption. I presume you go and speak to them and ascertain their background and circumstances before spouting this nonsense? If you did you might meet people like my "migrant" fiance and her friends. None of whom have ever taken any benefits. Many of which have PhDs and lecture at universities the likes of which I could only dream of being accepted to. A complete contrast to people I know who are part of "the expat community" overseas. Dot input to the local economy or society. Or as you so eloquently put it "And not working."
  11. It's as if they only remembered to turn the black and white setting off when they went to take the photos outside. It's not exactly homely is it?! Bought, renovated and back on the market in 14 months - I can only imagine it's a developer. Weird that they haven't put any furniture in the place when they're asking so much money for it. For comparison in my neck of the woods (a mile or so nearer to central London, much more vibrant area), you could live in any of these lovely houses and have an extra 1/4 of a mill in the back pocket. http://www.rightmove.co.uk/property-for-sale/property-73827899.html http://www.rightmove.co.uk/property-for-sale/property-73864445.html http://www.rightmove.co.uk/property-for-sale/property-65684545.html
  12. I live in RQ and love it here. It's a surprisingly peaceful place in the courtyards, sub 2min walk to Sainsburys, Bentalls and the water. Great for the railway station, Bushy and Richmond Parks. That all being said, £875k! Insanity. I suspect a big price drop by the end of the month. It's not exactly prime house buying season is it?
  13. This beauty just popped up in my Rightmove alerts - 3 Bed "Penthouse" Kingston. Admittedly a large apartment, however it's on the South side of the complex, right next to the railway and Kingston ring road. With 1 bed apartments achievable around the £300k mark in the same building, £875k buys you 3 separate one beds in the building. For the exact same price this three bed apartment in Putney looks much better value. Marginally bigger. More central = cheaper commuting. Much more modern inside. Likely lower service charge.
  14. Already taken down and relisted with the same agent. Any idea why they'd to that? New listing is here.
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