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House Price Crash Forum

Nick_wacker

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  1. David Mitchell in the Guardian suggesting what we need is a house price crash; https://www.theguardian.com/commentisfree/2021/feb/28/why-rishi-sunak-should-put-an-end-to-englands-stamp-duty-holiday-romance And then on Reddit;
  2. £525K to £300K , perhaps a slight flood risk though... https://www.rightmove.co.uk/properties/73401883#/
  3. House prices quite often come up on Reddit, with a "prices are too high" and below about landlords. Granted this is worldwide but UK often comes up https://www.reddit.com/r/newzealand/comments/k0n9qq/yup/
  4. Well the house has been back on for a little while. now at 180..... You can purchase using the "Modern Method of Auction" . go figure.... https://www.rightmove.co.uk/property-for-sale/property-72553648.html
  5. 20% drop on an eight bedroom house in Weston Super Mare, first on at 315 now at 250. And what is even sweeter is its ex HMO. https://www.rightmove.co.uk/property-for-sale/property-81307244.html
  6. Yep there is definitely something afoot. (south west) Number of houses within my RM search criteria is double the average of the last 4 years. (And potentially could be higher as we have several new build developments and they only list one of each type on RM) Major reductions in asking price over I would say 40% on the results, (100K reduction on a 475 house in a nice village, for example). Where there are no reduction reasonably nice houses are hanging around. whether or not this wobble turns into a crash is yet to be seen....
  7. We have a crest nicholson development near us and they are reducing the prices, on homes that have not been built yet... 31/8/2018, price changed from £360K to £350K. I have not seen this before in our area, (south west) And yes number of homes for sale is highest I have seen it, i.e. 3 miles range , from my postcode up to £400K it always hovers around the 70-80 mark, it has stood above 100 for the last few weeks (rightmove).
  8. that's not true, it can be incredibly damaging to the environment. Coastal birds eat it and apparently it reacts as a hormone adversely affecting them. And then obviously they starve. microbeads again for similar reasons harm wildlife.
  9. how on earth anybody can say we are not building enough houses now is beyond me. In the areas that I frequent they are building masses. Weston Super Mare is have an entire town bolted on to it , out where the old Westlands site was by the helicopter museum. Keynsham is getting it from both ends, big development out on the south side and another where the old cadburys factory was, (somerdale I think its called). And then Tetbury is almost getting doubled in size. People I speak to say the same thing, there is building going on everywhere, surely this is going to have an effect on prices at
  10. its ok don't worry, princess eugenie is having an "anti plastic" wedding, what the fook an anti plastic wedding gawd knows, i get a "no plastic" wedding but an anti one ? Do they employ plastic eating bacteria in the wedding cake.... https://www.theguardian.com/commentisfree/2018/aug/04/royal-family-princess-eugenie-beatrice-vogue
  11. this floaty ad pushed me over the edge an I have now installed adblock.... i was tolerating the ads before, but now the site is unusable on my laptop, it slows it to a crawl, so adblock it was.
  12. Not had one of these for a while... "Individual" 3 bed cottage, with "elevated position above the A38". Yeah right , metres away from thundering lorries piling down the hill at 50mph on the A38. No back garden to speak of. All yours for the bargin price of quarter of a mill. http://www.rightmove.co.uk/property-for-sale/property-49101456.html It has been on and off the market for years and on and off "to let", its dual agent and the other agent with their sign outside is marking it as sold... This is with triffid like weeds growing out of the gutters, funny how the main imag
  13. There are two competing No.10 petitions as has been posted on here so I think the petition to REMOVE the interest relief needs a boost as it only has 269 signatures; https://petition.parliament.uk/petitions/219416 sadly the petition to reintroduce the mortgage relief has 13078 signatures.... Reintroduce full mortgage interest relief and drop the 3% stamp duty surcharge https://petition.parliament.uk/petitions/219279
  14. just had a thought, would it help the community if we were to do massive searches and thus populate the db?
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