Bubble & Squeak

well, well, well this is the first real evidence that there is trouble in hpi paradise

doubt it eurozone deflation

i misread i thought you said because of growing liquidity then i thought you were insane then i reread then the penny dropped anyway, pond road they can't leave it alone http://www.rightmove.co.uk/property-for-sale/property-32795067.html

ah, but spain/bulgaria (and cyprus) didn't have a tory government!

3/3 in stratford today 2 of those are new builds almost two years off completion: http://www.rightmove.co.uk/property-for-sale/property-32037480.html# are they panicking over the lack of chinese investors??

so what are you saying? growing liquidity will cause the price of new builds to rise, stay the same or fall?

ha! “There are quite a lot of disgruntled agents sitting around doing not very much.” i saw one at turnpike lane hoovering the office last week how the mighty have fallen!

which data? i doubt many locals would buy these new builds with or without interest free government loans. most of the new build flats i see going up are surrounded by houses which are cheaper. it would appear that they were being bought up by foreign investors who had no idea about what represents value in london.

this is what i'm on about http://www.rightmove.co.uk/new-homes-for-sale/property-45783220.html earlier this year these were being gobbled up by foreign investors off plan. this one is getting dangerously close to the completion date with no takers.

new builds in london are no longer selling themselves earlier this year developments would sell out before the first brick had been laid this is no longer the case

well, new builds are clearly over priced. even our friends on mse wouldn't disagree with that one if we see a build up of unsold new builds and their prices start falling wouldn't that impact on the wider market?

i've always thought any correction would be new build led. when you look at the prices then look at reality you quickly realise that the two entities reside in parallel universes.

ah, venger burst my bubble its not fun anymore

biggest price cut of the day: http://www.rightmove.co.uk/property-for-sale/property-32795067.html nigh on 15% off in less than a week can anyone beat that?

odds on favourite to be the first post bubble sub £300k freehold in this part off "awsomestow": http://www.rightmove.co.uk/property-for-sale/property-45643756.html

it had all gone a bit quiet over there before they shut down the forum LR is their holy grail. looks like they'll have to turn to ONS now

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you should see hoe street walthamstow! there must be about 15 stacked up in pile 'em high sell 'em cheap fashion although, they are not selling them cheap (yet)

and this one too http://www.rightmove.co.uk/property-for-sale/property-46042222.html starts life at £740k no interest so put the price up to £775k- that should get the ball rolling!

" Demand will continue to outstrip supply" sounds like a hamishism

5 of the 11 cuts in stratford are courtesy of foxtons today. is anyone else tracking a foxtons area? possibly some orders from above have been handed down to get sales moving again

i have a love/hate relationship with foxtons

haven't seen an ad like this for a while: £329,995 Offers in Excess of 2 bedroom terraced house for sale Percival Road, Enfield BUYERS INCENTIVE £200 towards legal fees sttc. This two bedroom Terrace Property overlooking Bush Hill Park and within 0.4 miles of Bush Hill Park British Rail Station. The property offers through lounge, fitted kitchen, 70ft garden and CHAIN FREE

i would steer well clear of the ftse at the mo eurozone deflation being the main concern also, china, russia, middle east, ebola having said that EU QE could give give it a fake boost

if these falls are due to the mansion tax will they be buying cheaper properties thereby pushing up those prices?