jasonpistol

http://www.rightmove.co.uk/property-for-sale/property-48024484.html "the owners have priced the house competitively to achieve a quick sale"

pretty much every london postcode produces a chart like this.

those muppets on MSE are celebrating like they won the lottery over this article.

i was trolling mse this morning and was shocked by him trumpeting the increase in ftbs as good news maybe we should start a hamish thread and post his best lines on here

you dare to defy the logic of hamish?

ask hamish

i am also a londoner and would never pay that much for a flat its a FLAT the land doesn't belong to you and you can't extend it

ha!

the sad thing is until very recently anything in tottenham was selling for made up comedy prices its calmed down a bit now here is a nice example of one that missed the peak http://www.rightmove.co.uk/property-for-sale/property-27679634.html?premiumA=true

conflicting data is consistent with a market reaching a turning point, no?

http://www.bloomberg.com/news/2014-08-11/property-defaults-seen-as-financing-stresses-mount-china-credit.html

can't wait for him to start his supply and demand nonsense

asking prices have already fallen by over 10% in some parts of london

don't tell hamish!

i get the feeling history is about to repeat itself so many worthless new builds selling out off plan for made up prices in north london

hahaha no actually it wasn't we all got burned ! i remember one guy stuck £10k of his dads money into vodofone at around 400p a share about a week before popped

for me the main benefit would be the ease of access to central london ie tottenham court road changing at liverpool st is a b@ll ache

some of my colleagues check the "value" of their property (i think on zoopla) on a daily basis and have conversations about how much money they've "made" in the last week can't wait for the day when reality hits home...

a three bedder in walthamstow for less than £300k! i think we're now past the point of no return http://www.rightmove.co.uk/property-for-sale/property-45716785.html

theres has been a slowdown in supply in the areas around stratford and walthamstow over the last couple of weeks like you say, big variations in the prices of similar houses looks like some need to sell and some don't

what about manor park? will be on crossrail zone 3/4 and has a night bus into the city i don't know the area but looks (relatively) cheap

baffles me too its a LEASE, not even a freehold

ive noticed an increasing amount of asking prices are lower than the last house on the street sold for so i suppose some flippers are going to lose out in the coming months

yes, could be money exiting london also, 3 of the last 5 months have seen negative growth if we look at mays 4% increase as a blip the crash is well and truly on!

but house prices are falling and have been for the last three/four months? how is this possible?