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House Price Crash Forum


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Posts posted by rantnrave

  1. 2 hours ago, MonsieurCopperCrutch said:

    LMFAO they are really scraping the bottom of the barrel now. Remember when each day in the office was a 'cake day' as someone brough in some 'treats':


    Food tsar backs PM's warning that WFH means people end up grazing from the fridge - as minister risks split by saying civil servants are 'still delivering' away from the office

    • Boris Johnson suggested people spend too much time eating when they WFH
    • Food tsar Henry Dimbleby said it was right people could snack 'unconsciously'
    • Home Office minister risked split saying civil servants 'still delivering' from hom

    Another reason for the BoE to see-through rising food prices?

  2. 3 minutes ago, danlee74 said:

    I look weekly at Bournemouth just nosing on the market. Pre-covid average "new listings" (which annoyingly includes listing changes) was around 230 per week, immediately post covid it has been around 130 so down by about 40% ... past few weeks it has risen to 150/160 so still way under pre-covid levels but moving in the right direction.

    Let's hope so. When supply is low, it's not just about limited choice. Fighting for stock means EAs fall over each other to overvalue properties in order to get something on their books.

  3. On 06/05/2022 at 17:21, Gurgle said:

    If that can be proven then please do so.  They're a public company.  Providing misleading data would be a massive no-no for a public company like this and they can be fined over it.

    I spotted a local EA which was a major offender of this - marking properties as 'newly reduced' when they were exactly the same price - just to get them bumped up listings. When I rang them up to query it, they denied everything - even when I asked them what the previous price was. I reported them directly to RM, who replied within 48 hours and said they would look into it. They contacted me a week later to say their investigations had concluded... and I was indeed right. They had therefore spoken directly with company's owner and reminded him of the standards Rightmove expects (!?!). He was apparently told that any more such malarkey and they will be excluded from the site.

  4. ZIRP
    Quantitative Easing (QE)
    Special Liquidity Scheme (SLS)
    Project Merlin
    Support for Mortgage Interest (SMI)
    Help to Buy (20%)
    Help to Buy London (40%)
    Help to Buy ISA
    Lifetime ISA (LISA)
    Funding For Lending (FFL)
    Term Funding Scheme (TFS)
    Bank bailouts
    Mortgage payment holidays during Covid
    Business Bounce Back Loans (which were openly being used to purchase Buy to Let)
    Buy To Let mortgage interest tax relief

    Sure I've missed many...

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