Jump to content
House Price Crash Forum


New Members
  • Content Count

  • Joined

  • Last visited

About aerobubbles

  • Rank
    HPC Newbie

Recent Profile Visitors

755 profile views
  1. Abolish stamp duty and replace it with a CGT on expensive properties. https://www.theguardian.com/commentisfree/2017/aug/05/i-saw-theresa-may-at-work-new-message-vital-to-avoid-defeat This used to be met with howls of outrage by the right, now several of them have been proposing it. Can't be long until some form comes into effect.
  2. I don't know why someone would want to buy in Luton in the first place, let alone in this market. Further up the commuter line to Hatfield (WGC, Stevenage) are also showing an increased number of reductions and properties listed for months. Let's hope the good news continues.
  3. He or his successor will go very hard along the lines of the annual tax on enveloped dwellings (i.e. companies that hold residential property). They'll get taxed through the roof. Easy pickings and there's so much criminal money there I don't think any voters will have a problem. If the companies decide to relinquish it then that in turn adds lots of properties to the market and pushes them further down.
  4. Can't argue with that. Seems everyone else has realised too as almost every Hatfield alert I receive is a reduction.
  5. This one's been reduced 10%+ within two weeks in Hatfield (Hertfordshire). http://www.rightmove.co.uk/property-for-sale/property-66078419.html £460k to £430k then £430k to £400k. Highlights the dangers of kite flying. An end of terrace in Hatfield is never worth £460,000 let alone in this market. They/the agent/both tried to be greedy but all they've done is reveal to the market they desperately need to sell.
  6. Looks like Country Properties Hatfield office is struggling. Listed 6 properties today, all of which are miraculously STC already. Poor attempt at trying to make it seem they can shift properties by listing ones already sold. http://www.rightmove.co.uk/property-for-sale/property-66800570.html http://www.rightmove.co.uk/property-for-sale/property-66800492.html http://www.rightmove.co.uk/property-for-sale/property-66800441.html http://www.rightmove.co.uk/property-for-sale/property-60221089.html http://www.rightmove.co.uk/property-for-sale/property-66800462.html http
  7. Latest poll narrows the lead to 5 points https://www.theguardian.com/politics/2017/may/26/conservative-opinion-poll-lead-labour-times-yougov-manchester-attack Still think they'll increase their majority slightly, but boy have they blown the landslide in their hands.
  8. Why wouldn't a Corbyn win send them lower? He wants to introduce some form of LVT. He's always pushed successive governments for transparency registers, and to compel overseas territories to disclose information to UK authorities (cutting down on large numbers of sales that are simply washing dirty money). In office he can achieve that. He's always campaigned against overseas investors buying and leaving empty property in London bought by investors. Again, in office he can now prohibit it. Property prices are coming down now. They would stop going lower if someone like that
  9. He's against high house prices and his core base despises the bubble. HTB will continue, but it will be part of an overall policy towards housing.
  10. I think May's majority will now not increase to the extent they hoped. It might even be similar to the majority they had. That in itself is a huge win for Corbyn, by shifting your party so far to the left yet still keeping a similar number of seats. No doubt that if he wins, PCL will go into meltdown.
  11. If it's worth more than £100,000 now it's reasonable voters will assume it might be worth more than £100,000 when they're elderly and potentially need care. And most people where I live in Hertfordshire are not middle-class, yet their homes are worth more than £100,000. Even where my parents live up north in a relatively working class area have house prices that are typically above £150,000. Complete mis-reading of the policy's effects if you think such a small number are likely to be concerned by it.
  12. You're right. I think it's more the purpose of this election was to try to grab a large majority. If she's spectacularly backfired with this, I don't think Labour scrapes in. But there's the risk she'll end up with a similar majority again, and based on what was expected to happen that will be a huge failure.
  13. DM crowd are going in very hard on the social care policy, as expected. The next lot of polls will be interesting. There's very little in there for a lot of people. I think she'll have dropped a fair few points.
  14. These two have come up in Hatfield (Hertfordshire) by the same agent on the same day, with the same number of tenants for the same rent. So it looks like a landlord off-loading both of them. http://www.rightmove.co.uk/property-for-sale/property-66432674.html http://www.rightmove.co.uk/property-for-sale/property-66432974.html £400,000 and £410,000. Both have tenancies about to end in a few months. Should have sold after S.24 was announced, as most listings in Hatfield are now reductions. Sentiment has changed entirely. And with that yield after S.24, only a fool would bite.
  15. Hatfield's bubble (Hertfordshire) is not nearly as large as Brighton's bubble. But it's still a large bubble due to the commuting link. Most listings are reductions now. It's still full of overpriced crap. But sentiment has shifted entirely, which is an excellent situation.
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.