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Everything posted by Funn3r
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Is Prime London Crashing? - Merged Threads
Funn3r replied to Damik's topic in House prices and the economy
If you're buying a car then easy to walk away if the deal is not to your liking. If your living accommodation about to expire and you need another one then it's a different thing. Especially if you need to consider the welfare of young children. I'm not surprised she had a weak negotiating position. I know someone renting a house from a friend, and the friend put the house on the market and got a buyer the week before Brexit. Of course I have been taking a great interest in how the sale is going but so far no sign of buyer having second thoughts. Obviously in this buyer's position they would be crazy not to use Brexit as reason (or excuse) for offering less but apparently they are investing a lot of time in and out of the place several times a week taking measurement for curtains and what not. tl;dr Whether or not a buyer has an appetite for gazundering must depend on a number of factors unrelated to perceived value for money of the purchase price. -
Next to the Peacock pub in Bracknell there is an impressive sign announcing houses "coming soon" from Redrow Homes. They have pallets of bricks and an assortment of other construction materials but nothing seems to be happening. I go past there most days and can't remember how long it's been there but feels like getting on towards a couple of months with no progress. Similar in Wokingham next the Ship Inn, an office block was demolished several months ago to clear space for "luxury flats" but it is still empty space. The gossip is that they have encountered a soil pollution problem but it makes you wonder if they are having second thoughts about building stuff they might not be able to sell.
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Has The London Collapse In Prices Finally Arrived
Funn3r replied to TheCountOfNowhere's topic in House prices and the economy
I'm in Bracknell and can't believe the amount of commercial property which is either empty (and staying that way) or frantically being converted into flats. Even the "occupied" commercial property is often empty for example a mate just told me that the huge HP office only has about 100 people in it. If the offices are empty where are the jobs to sustain FTB? Not to mention the coming rental glut. -
My children are grown up now but this takes me back to how it used to be
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What Is The Outlook For The British Tourism Industry?
Funn3r replied to rollover's topic in House prices and the economy
A bit similar in Bracknell where one of the early Harry Potter films filmed exterior shots of Harry's house near Tesco in Martins Heron. Tons of HP fans from all over the world. Also a lot of forest near The Look-Out. -
A lot of new builds appearing in Wokingham for example the ones (part of Mulberry Park?) on the road out to the Warren House. That big space next to The Ship used to be an office block but they were supposed to be building "luxury flats" on there. Been empty for a while now maybe it is just not looking economic. A lot of office space being converted into flats in Bracknell (London Road). Nice to hear about reductions.
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If you're trying to sell and it's not shifting then you would think it's a logical option to drop the price until you get a bite. I've been in exactly that situation though and it never occurred to me, really! Over a year on the market in early 1990s and as you say the annoyance of paying mortgage and bills on an empty place (I was living at my girlfriend's). The EA told me to sell for £x so I did, without really questioning or thinking about it. Property is weird, people don't have much experience buying and selling and don't regard it as real money somehow.
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"Mark "melty voice" Carney. Yes please" I think the mums want to get a firm grasp on his, er, policies.
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It's the Chilcott report tomorrow and Tony will get a hell of a bashing. I've been wondering what diversionary big event might happen to dominate the news coverage. Maybe this is it.
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Reit/property Fund Watch - Multiple Merged
Funn3r replied to Granit's topic in House prices and the economy
People are nervous and uncertain so they want to stand close to the exits? Or in fact get out of the exit now before everyone else has the same idea? Not "because property" but because illiquid. -
Reit/property Fund Watch - Multiple Merged
Funn3r replied to Granit's topic in House prices and the economy
Same where I am and as it happens I am just about to move into a flat which is part of a converted office block. Feels very weird actually and certain practical differences from a normal residential apartment. For example they have no easy way to meter individual services (electricity etc.) so there is communal heating and so on for a flat fee per month per tenant. Exactly like Russian friends tell me was the norm in the USSR lol. I was astounded that they got planning permission I had not realised there had been changes to allow it. The rent is competitive with private sector though, slightly cheaper if anything. -
Just because they say they are going to lower interest rates doesn't mean they are going to lower interest rates. Remember you can't believe a single word they say. Maybe they are hoping to slow housing transactions even further, I mean why should Wayne and Tracey get a mortgage this month if it will be cheaper next month. Or perhaps instead of cutting they are thinking of raising to bounce the Pound back up a bit.
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Boris Johnson Will Not Run For Leadership Of U.k. Conservative Party
Funn3r replied to TheCountOfNowhere's topic in Politics
I confirm I am happy for you to pay this price then. For myself I am ready and willing to trade "sovereignty" for money or an easier life or preferably both. I am not even sure what sovereignty actually means, I think it involves a bunch of people I've never met having power over my life, instead of a different bunch of people I've never met. -
I know a woman fighting cancer, worked all her life but finally lost her job, down on her luck, got kicked out of her place, but council wouldn't help her because they only had six flats and they had to be allocated to some Romanian families who arrived in UK yesterday and demanding their human rights. Well in truth I don't know such a person but the racists always do.
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Cameron is an expert in the use of words, as you would expect. For example many people have said that Cameron always promised that a Leave vote would mean he would declare an Article 50 situation immediately. I can't find any record of that by searching. I can certainly find examples of him saying things which sound like that but are not, for example “the British people would rightly expect that to start straight away”. So perhaps there will not be a second referendum literally, but a single-issue GE would be the same thing.
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Hey honey let's grab the kids and trek across the desert to a crappy old boat, then we'll sail across treacherous waters with a kin good chance of being tonight's sad story on the 9oclock news. Because maybe we can claim benefits. Naw doesn't pass the smell test sorry. Unless you're fleeing from Drone Death From Above.
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Uk Economy - Bj Says No Need For Haste.
Funn3r replied to Sheeple Splinter's topic in House prices and the economy
It's time this site had a Like button -
Or as someone on ZH called him, "Jean-Claude Drinker"
- 5,688 replies