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House Price Crash Forum


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About skewiff

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    HPC Newbie
  1. https://www.theguardian.com/law/2016/jul/03/parliament-must-decide-whether-or-not-to-leave-the-eu-say-lawyers This is interesting ...
  2. I voted there would be a crash the other day - in your poll. But reading this: http://moneyweek.com/london-luxury-property-bust-uk-house-prices/ I'm depressed now too ...
  3. Yes, it is very suspicious. There were 3 newspaper reports, I think, suggesting a crash on the same day. Are our papers really ruled that much by what the government tells them?
  4. http://www.independent.co.uk/news/business/news/housing-bubble-has-burst-after-sellers-slash-asking-prices-by-average-of-25265-a7020456.html
  5. http://www.theguardian.com/global/commentisfree/2016/may/07/mortgage-home-loan-parents-bank-mum-dad-borrowing Will this make prices go back up/mad again?
  6. http://www.express.co.uk/finance/personalfinance/666609/Top-London-house-prices-tumble-AGAIN-sparking-fears-of-crash This popped up when I googled house price crash to find this site. 2 hours old. I know its a rubbish paper ...
  7. http://www.express.co.uk/finance/personalfinance/666609/Top-London-house-prices-tumble-AGAIN-sparking-fears-of-crash
  8. There have not been reductions like this in Walthamstow since 2005 when we bought. That was just before the crash/ freeze and slight drops in London. Things are definitely changing here.
  9. We've been waiting to move and watching for a few years now. Finally there are reductions in East London. Walthamstow, Woodford etc. Lots of reductions every day. It seems a strange time to reduce prices - at the beginning of the Spring. Could this be the start of something?
  10. Watching Walthamstow, nothing is shifting at all. Not even the nice places. There are cuts in prices being made - but even then places are not shifting. And places that are not being cut have been on RM for months now. I'm not sure why they're not having their prices reduced. As a prospective buyer I see reductions of 50K as peanuts. Everything looks vastly overpriced. It all needs to be halved. I'm imagining that's what all the other buyers are now feeling/thinking too.
  11. No dirty factories have been knocked down. E17 has been gentrified - a bit. But its also being stuffed full of flats - every existing spare corner - which means the place is becoming busier and dirtier and schools, hospitals and doctors surgeries etc are overflowing. The only reason for the massive rise in prices over the last couple of years is overspill from the centre of london and specifically from areas like Hackney. Walthamstow has always been seen as an unpleasant place to live. Now all the trendies want to live here and they've got money from selling flats in the centre of london.
  12. I live in Walthamstow/London and a couple of estate agents have been telling me 'it's a bubble' since last year. One said that it would pop in about 6 months time. He told me that in January. I thought that was strange as I'd never had an EA be so honest or negative before. Them saying that made me nervous about buying and I'm glad we held off. But I wonder how many other people he said that to? Now here in Walthamstow we are having daily discounts on houses that are hanging around and even on those that are not. Here prices of newly posted houses are either the same as before or lower. They
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