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House Price Crash Forum


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About Dok

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  1. And did I mention lunch with Daddy on Fridays during the school hols? The single most family friendly thing about living in e14 is that working parents actually get to see their kids in daytime. I know people who live in rural bits of East Sussex, and literally only see kids at weekends. Asleep when they leave, asleep when they come back.... idyllic
  2. at all this concern about families in flats. Up until recently, I was raising my family in canary wharf flats. It's fantastic. All the places I've lived in have had decent communal grounds. Since most of the other occupants worked during the day, we basically had sole use of them. I could work on my laptop in the yard while my little girl scooted in and out of the 'sculptures' and flower beds. We used to have fun in the communal pool too (again, we had the run of the place in the day). Kids got to know each other in the block, and the mums could take turns minding them in the communal grounds. Easy to keep an eye on the kids, with everything on one floor. I just love flats - I grew up in a flat too. We take the 'sky train' (DLR) a couple of stops to Greenwich to feed the squirrels, or a couple of stops up the Chrisp Street Market to buy fresh veggies. Loads of waterside walks along the river and around the docks. Traffic free, and ducks to feed. I absolutely hate being with my family in West London. I feel so trapped, because the tube stations in the west tend not to have lifts. And when I compare pushing the buggy along a narrow pavement with letting my kids scamper about in Canary wharf (no traffic, accessible, clean, safe, light, architecturally really quite elegant, fresh air from the river).... And those horrible carved up mansions blocks (death traps) that your seem to get so many of in SW6/SW7 places...
  3. How would you be financing? 'Cos many lenders expect very high deposits on new builds. FWIW, I like the Isle of Dogs. Kind of quiet and protected. Not pretty, but has the river. Not commuting is a huge luxury though. How;s your trip to work been the last couple of days? I think the best flats are the ones that were built when the area was still very edgy. The developers had to do something a bit 'special' to attract people to the area. The newest flats, the developers just threw up a load of bland shoe boxes, and reckn people will be beating down their doors to buy them.
  4. But it's not 'bad' for the previous owner. After all, in the UK they would get pursued for the difference between selling price and their debt. The best favour you can do for the poor sap is to trigger a bidding war. If it goes to more than the original purchase price, they might even get an unexpected windfall!
  5. Well done for not being greedy. I hate to see empty houses, owned by out of town 'investors' hanging on for 2007 top-dollar prices.
  6. It's pretty obvious that the demise of securitisations will reduce wholesale funding.
  7. I would advise you to look at flats that were built about ten years ago. In my experience, the developers started off building nice warehouse conversions with lots of light - and have slowly descended to building barely-legal glorified halls of residence. In an established block you have a better chance of a good owner occupier community - which will make it MUCH nicer to live in. Have you looked at Wapping? Isle of Dogs? i used to like Canada Water - but it's 'wrong side of the river' for lots of the attractionsm and the crime rate is pretty ropey.
  8. It's true, i think. But I was under the impression that the online sales figures did include all sales.. interesting point.
  9. ... and yet the agents blithely show me properties where the vendor expects to make 50% profit in four years ownership...
  10. My goodness me - how desperate must they be to allow these drops to be visible. These are all 2 beds - drops courtesy of property bee. Might be different properties being picked up - but they are EVERYWHERE so they clearly have masses to offload 659k --> 399k 890k --> 450k 1.5m --> 840K
  11. This development is going to be the symbol of the credit crunch, mark my words. It's a big ugly blot on the skyline, and our local rags are full of weeping would-be buy-to-letters who can no longer get their mortgages.
  12. ...and should I just put up with cruddy rentals with their falling apart furniture? From a long-time bear
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