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House Price Crash Forum


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About Kingmaker

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    HPC Poster
  1. I can't believe you'd leave out West Dulwich I haven't seen any 500k'ers in ED, as that's encroaching onto the poorer condition/smaller houses' price range - depending on where in ED. ED prices hotted up post 2007, but has calmed down over the last 18 months or so - in my own personal research.
  2. I bought on Clive Road recently. I had been renting on Martell Road for 2 years and Herne Hill prior to that. I'd been researching for about 18 months. Thoroughly depressing as a prospective buyer - very limited pool of quality housing. Any quality housing goes within days, and in my experience; in a single day! Irritatingly, I had to enter a sealed bid, after months of frustration and offers being turned down and 'feeling' the market. There is still far too much money, chasing far too little quality housing.
  3. I have a problem with my recent landlords (a couple), and I really hope you can help. The sticky threads have been illuminating - thanks. My situation: My tenancy expired at the end of July, and I promptly moved out. My landlord has tried pulling a fast one with my deposit, coming up with bogus claims re damage to furniture - e.g. stains on the sofa which were there when I moved in, and missing bits of furniture (a rug!?) which were never even present in the flat! They are using this as an excuse to take 400 pounds from my 900 pound deposit - returning only 500 today - this when they did
  4. Some great posts - and it's good to see sound opinions, allied to financial positioning - albeit of course, acknowledging the part that luck plays. So my story... Me- I'm 29, on 60k a year in a middle office role in the city, and have saved a little over 90k. I had a tough time growing up, and was homeless for periods of it, which probably goes some way to explain my mini obsession with the price of housing. I managed to put myself through an economics degree from LSE, where most things I 'learnt' made no sense since all the economic models were based on bull assumptions. I was amazed so
  5. Nice drop - ropey area however. I've spotted quite a few recently - especially stretching down towards Forest Hill and Upper Sydenham. My place in West Dulwich was put up for sale by my landlord in August - but only attracted 3 viewers in 3 months - buyers are very light on the ground. I'm keeping my eye on SE21/22/23/24/26
  6. Bloody fantastic programme - got to the core of the financial heart attack and suffused it with the social play on aspirations and motivations - the trickling, roll-over greed that has been discussed so deftly by the likes of Juvenal and others. Then the guilt that seeps from it, suppressed by tapping the veins and shooting up. Quick. Consume something before you have to stop and think about what you've done. There. No - not quite better? Oh that's ok, buy something for someone else. That's 'selflessness' isn't it? Oh good, guilt appeased. Double points. Now for the next one. I hope guilt isn'
  7. I delight in: Being able to afford a home for myself and my family Not being made to feel like a leper for not over-extending myself Yes, I delight in being right. I don't delight in: Families being turfed out of their homes. People losing their jobs.
  8. No, no, schadenfreude at its most gorgeous.
  9. No doubt the Uk's deterioriating economic state is pulling sterling down, however i was just focussing on the 5 minutes either side of the announcement to see the market's reaction to it. Sterling will likely fall whatever the boe does or doesn't do.
  10. Not so. Before the figures were released, the concensus was for a 2.6% rise - giving scope for rate cuts. There was downward pressure priced into sterling. Figures are then released showing lesser scope for those rate cuts therefore sterling should've rose. It didn't.
  11. RPI 4.2% Interestingly sterling barely even flinched - market doesn't believe BOE is done cutting rates.
  12. http://www.bloomberg.com/apps/news?pid=206...&refer=home
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