Jump to content
House Price Crash Forum


New Members
  • Posts

  • Joined

  • Last visited

Posts posted by Insane

  1. 1 hour ago, steve99 said:

    Builders are also land bankers and are masters at drip feeding the market. As more than one builder said early in the pandemic "we are not ever going to drop prices, we will just stop building till they sell" meaning they will happily grind to a halt and lay off their subcontractors. Of course they get away with things like council tax on their holdings etc which no tory government is going to reform.

    I have been told a lot of developers are trying to get as much as possible built right now in order to sell them before HTB finishes. However in a lot of cases they are having problems sourcing materials so will miss out and be stuck when HTB is gone. 

  2. 20 minutes ago, Fromage Frais said:

    Reminds me of a fixer upper I viewed in 2019 it was so horrible.

    "450k is not a lot of money these days" to paraphrase the agent.

    Do you have 450,000?  I asked him

    "don't be silly of course not"

    House prices and credit have warped the perspective of money.


    Reminds me of visiting a sales office in Docklands many years ago with a friend. 

    Friend -        " how much is a one bedroom river view apartment ? "

    Sales guy - " £280,000 "

    Friend -        " Does that include a parking space ? "

    Sales guy -   " No parking spaces are £20,000 each you can only buy one if you purchase a two bedroom and                            bigger , you have to spend real money to buy a parking space "

    Friend -         " £280,000 is not real money ? "

    Sales guy -    " No "

    Friend -         " Your saying £280,000 is not real money, have you got £280,000 in your back pocket that you                                 would be able to put on the table now and tell me it is not real money ? "

    Funny enough the block we were looking at is now worthless as it has cladding issues. 

  3. 35 minutes ago, zugzwang said:

    Used tax efficiently?! 🤮

    Practiced and profited from a monstrous deceit. While living in Downing Street with his f-ugly wife and their children. And serving as Chancellor of the Exchequer!

    He's as crooked as the Devil's toes.

    He is a multi Millionaire his wife has even more while her parents are Billionaires.  

    Why would he want a £150,000 year job ? It just does not make any sense unless it was to be in a position making policy to help people like himself make/keep even more money.  

  4. 1 minute ago, desiringonlychild said:

    For my flat, service charge has been the same for a few years. Flat built in 1930s. Peppercorn ground rents.  Residents manage the freehold and appoint the managing agent. The flat I am buying is quite similar. Current lease is 121 years but I guess I wouldn't extend since I am selling it; the new flat is share of freehold. In my area, they are not constantly building new flats as there isn't much space. I live quite near bishops avenue, and they are building new flats there but they cost £5 million to 8 million so I don't think we operate in the same market. 


    You could always buy houses for the same price of certain flats and that has been true forever. But people have different priorities. there is no 'one size fits all'. For me, the cost of commuting at £8k per annum for both of us is too high. My husband goes into the office daily so he loves being a 20 minute tube ride from his office. His mother doesn't drive so its great that she can walk to our flat. My husband grew up in north london, I am from Asia. 

    We are all different all with different want and needs.

    The flats you describe built a while back are very different to what has been built recently. 

    I think the problems are going to be with the new build high density developments. Which are smaller in size , have a kitchen in the living room, a lack of parking , high service charges and could have cladding. 

  5. 9 hours ago, bvrial said:

    This exact story happened to me except the building was new enough the developers covered all the costs.. Managed to sell last month and break even after 5 years of "ownership".. Biggest waste of time luckily it didn't ruin me.

    I don't understand why blocks below a certain hight are not covered by Government Help. If a block has unsafe cladding it has unsafe cladding what ever it's height. 

  6. 1 hour ago, slawek said:

    That is a journalist saying something 10 years ago without providing the source. 

    Thames Water is using the ONS population estimation in their water demand forecasts. This wouldn't make sense if they believed ONS number were wrong. In 2019/20 they overestimated population by 120k (1%). 

    I keep telling you there is a housing shortage in the UK . Quite simple. 

  7. 2 minutes ago, slawek said:

    You just repeated your claim. Still no evidence for your claim.

    Evidence against your claim: We have less than 100k homeless and 600k second homes.  

    Wow you have given me a number 600k second homes minus 100k homeless. Leaves 500k

    20k Asylum Seekers in Hotel's or Ex army Bases that leaves 480k 

    What are the numbers for 

    Sofa Surfing ?

    Overcrowding ? 

    Sub Standard Housing ?

    Living in Vans ?

    Living in Sheds ? 

    Living in B&B's ? 

    Living in Mobil Homes ? 





  8. 23 minutes ago, slawek said:

    That is a different claim. You can have enough houses but if some people own more than one property then some other people can be homeless.

    I don't dispute there is property hoarding , but we have a shortage of property so simple. 

    24 minutes ago, slawek said:

    You haven't provided any evidence that we had a shortage 20 + years ago either.

    I was there I was there 20 years prior to that as well we have a shortage now as we did in 2002 and 1982. 

    Put your head in the sand it is up to you. We have a shortage that is not going to go away any time soon. 

  9. 6 minutes ago, slawek said:

    The fact that you believe in it doesn't mean it is true. You need to provide evidence to support it. You have failed to do that so far. 

    You need to provide evidence to support that everyone is adequately housed. You have failed to do that so far. 

    7 minutes ago, slawek said:

    If you look at my post above you see that m2 per person increased since 90s. You noticed also a significant inequality. Older households enjoy over 50m2 pp, younger households have to live on twice less. This inequality increased since 90s. 

    You need to look at my posts above I said we had a shortage 20 + years ago. I am not saying it is something that is new. 


  10. 1 minute ago, pig said:

    Have you got any numbers ?

    Numbers for which the 20+ year waiting list in London there's one number.

    No no actual numbers for how many living in Vans, Sofa Surfing or in B&B's however these are things we never head of in the past. Nor any numbers for those living in over crowded housing or sub standard housing but are you saying these situations don't exist ? 

    4 minutes ago, pig said:

    I’m agnostic on this - I doubt very much there is an ‘actual’ shortage but there is probably a minimum desirable excess of housing that could  be defined and targeted.

    So why have we the examples that I mentioned ? 

    4 minutes ago, pig said:

    Why is there being an actual  ‘shortage’ so important to you that you would a priori believe this and discount misallocation without any convincing reason or evidence ?

    I'm not discounting misallocation but saying we have a shortage quite simple. 

    Evidence is everywhere just take a look. 

  11. 1 minute ago, Horseradish said:

    A bunch of ad-hoc qualitative hearsay and hokum. If you'd actually bother to read that blog series rather than "the first few bits" then you'd perhaps be informed. But, given your posts on here, it seems you're not the type to look at quantitive facts and prefer circumstantial evidence and ranting. Sure, so be it. But you're still flat wrong, and flat out uninformed.

    Pots and kettles.

    You failed to answer even one of the points I mentioned. 

  12. 2 hours ago, danlee74 said:

    Maybe we need to list some high profile housing resource under-utilisers, just in the UK? I'll start ... Rishi "4 house" Sunak ... Tony "10 houses and 27 flats" Blair ... maybe there should be a website where house under-utilisers are listed with the number of houses that are under-utilising, and then people would actually get what our political classes are allowing to happen to us in plain sight.

    Yes it is disgusting. 

    But are all of Tony's 10 houses and 27 flats empty ? 

    We have a house hording problem but we also have a shortage. 

  13. 2 hours ago, Horseradish said:

    Nope. And there's ample evidence in this series of blogs to refute it.

    I read the first few bits it's piff. We have a housing shortage. 

    Why are asylum seekers being put up in Hotel's and ex army camps if we have enough housing ? 

    Why are there 20+ year waiting lists in London if we have enough ? 

    Why are there people living in dwellings not fit for human habitation ? Why not move them to the surplus housing ? 

     Why are people living in over crowed conditions ? 

    Have you got any numbers for sofa surfing ? 

    Have you got any numbers for those in B&B accommodation ? 

    Have you got any numbers for those living in Vans ? 

    The last 3 are all examples of what is called the hidden homeless. 


  • 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.