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Thames Ditton

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About Thames Ditton

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  1. Hi Piltdown Man, Thanks for your reply to Andy T regarding emloyment. I am thinking about retraining as a rocket scientist The Urban Decay in Blackpool is almost unique, almost... because there is also Morecambe. I think it is to do with the tourism industry suffering and then bringing in people on benefits to fill the hotels. This is certainly how it happened in Morecambe. There are probably a whole host of other reasons too. I think Great Harwood is safe from that level of decline. I would do a lot of research before choosing an area to retire too. For instance Whalley is going to cha
  2. So you need to click on the chart above to enlarge it.. Am I the only one that doesn't get how to add images here? Any help would be appreciated, Thanks Thames
  3. I hope this looks better... I have been struggling to post the chart and table
  4. Hi Andy T, Yes the Stamp Duty threshold should put a dampener on it, but you would be surprised at how many people are prepared to pay more than £250K to live there: http://www.rightmove.co.uk/house-prices/detail.html?country=england&locationIdentifier=REGION^96741&searchLocation=Brockhall+Village&propertyType=1&referrer=listChangeCriteria Someone even paid £3million. Photo's are no longer on line unfortunately... It looked a bit like the Clampett's Beverley Hills home. http://www.rightmove.co.uk/house-prices/detail.html?country=england&locationIdentifier=STREET^1504300
  5. Hi Piltdown Man, I just don't know about the supermarkets. I would say that it is on the edge of the Ribble Valley and house prices are much more affordable in Great Harwood than in the Ribble Valley itself. So the most probable explanation is prices are being propped up there by its wealthier neighbour. Good Schools have a lot do do with this. http://www.dailymail.co.uk/news/article-2734932/Parents-want-send-children-best-state-schools-face-paying-500-000-extra-home.html I am not sure if Great Harwood is in the catchment area though, it would be worth checking this out if you can. Altho
  6. I caught this little gem on the BBC website yesterday morning. I laughed, I cried and then I felt like sharing it with you guys & gals. 07:11 DE LA RUEMoney printer De La Rue said pre-tax profit for the year to 29 March rose 37% to £59.8m. The company is selling more security products, and banknote paper at a higher price. Looking forward, the company says it has a "good order book." The future is bright, the future is more printing! This might push asset prices and inflation up as more money chases the same level of resources. At the same time, faith in the value of fiat currency is
  7. Sorry guys... I know its not a laughing matter ... But this really does sound like the "What have the Romans done for us?" Thread. If you knew the market was as rigged as this would you enter? And if so... Would you be smart enough to play it and win? Or would you just walk away? It's a conundrum Thames
  8. I believe we are back to the Mania phase, media attention. Government intervention has brought us back here. The roller coaster will be faster and flatter this time around, but the new bubble has some way to inflate before it crashes again. Look at the year on year increases in the 1980's 1990's and 2000's. A couple of percentage points higher than long term exponential growth is sustainable in the short run after the 2007 crash. Greater london long term exponential growth is around 7%. The bubble periods lasted years and were much higher than 10% yoy for anywhere between 3 and seven years.
  9. Good Article, Ladder Street is a good way of presenting the issues. I do wonder why all the media focus is on house prices (not just in this article)? Why is there so little broader discussion about house quality?The quality of housing stock is an issue too. On ladder street i imagine 5 of those properties might be too small to swing a cat, 5 more would be in the badlands, and 10 might be well over 100 years old and in need of some serious refurbishment. 5 more might be buy to let... There might be 27m houses in the uk. But few are of truly saleable quality. This has the effect of pushing
  10. I have just noticed that we can download the July 2012 csv file from the Land registry website. http://www.landregistry.gov.uk/public/information/public-data/price-paid-data/price-paid-data-files Have fun Best regards Thames
  11. I remember watching a program about massive negative equity on this area of Bristol in the 1990's They renamed "Bradley Stoke" with the spoonerism "Sadly Broke" looks like the EA's might be up to their old tricks, it will be interesting to see if the locals fall for it again. Sadly Broke...20 years on fool me once.... shame on you, fool me twice ....errrr.
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