halip66
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Posts posted by halip66
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It is a similar story in Cornwall properties listed below 200k are selling but there are many especially in the 251-300k band which are not and there is some very nice property that would have sold immediately a couple of years ago that is taking a long time to sell
I'm waiting it out as well!
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Been a lurker here for years so hello to everyone & thanks for all the entertainment & time wasting opportunities you have given me. In return here's a post..
From watching the property market for about the last 10 years the only things I have seen effect prices are IR & sentiment. Can't really comment on what IRs are going to do but something clicked recently in my head on the subject of sentiment. Which I think may go some way to explaining what’s going on at the moment.
Just been reading a post on the C4 forum about the rightmove figures for this month it said something like "this is the only year in the past 2 where it is widely believed that a crash will not occur". What has become obvious to me is, we, on this forum, don't share the same sentiment about property as 90% of the rest of the country. This is highlighted by the regular arguments with family & friends about house prices dropping etc.. If as the article says over the last 2 years there has been a fear about a HPC & this has now largely gone away for the general public, or for some of them at least, then this represents a fairly major shift in sentiment towards the positive. Although I would think most people still have nagging doubts in the backs of their minds about a crash.
I have been trying to explain away the recent upturn to myself & this is the only reason I can come up with. That because houses haven't crashed over the last 2 years then they wont crash this year so buy now suckers before it's too late... Hence it's boom time again..
As has been said on this forum many times a HPC takes years to come about, it's not a 50% drop in one month thing but that seems to be the perception of most people (including me until I started coming here.) Last years monthly price drops won’t be seen as anything to worry about by the majority of people.
So a few people who can afford it (there can't be many of them left) will get sucked in & buy at the wrong/worst time & come the spring/summer we will be back to stagnation. Except this time without all the people who couldn't make their minds up whether there was going to be a crash or not. Leading to a much worse period of stagnation/falls than last year.....and so on and so so....
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Can I ask (seeing as we have a lot of IT pros here)...
We have a home network set up between our 2 PCs running XP. Internet connection is shared directly through the main PC (my one). When my partner posts would it still register as the same IP address or 2 slightly different ones?
Thanks in advance.
It will register as the same IP.
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Hi there
Moved down here 2.5 years ago these places were £140,000, they are ex council, ok it's Padstow but I wouldn't of thought you could rent this out to tourists. I'm renting & staying renting for now.
http://www.rightmove.co.uk/viewdetails-497...pa_n=1&tr_t=buy
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This is incidentially the general trait of many left wing governments anywhere in the world.
North sea oil--Margaret Thatcher??
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But this has been going on for years. Where on earth are young people in Cornwall living? All renting?
They all get winter lets in the holiday cottages, get kicked out at easter & then camp on campsites for the summer.
This isn't just people coming down for the summer to work it's the actual cornish people who are from the villages.
Which Landlord Is Subsidising Their Tenants The Most
in House prices and the economy
Posted
I rent a 4 bed detatched house just outside Padstow for £470 pcm with sea views, 5 minutes from the beach.
Ours is a bit scruffy but similar houses in the village go for around 500k.
Our landlord bought pre boom, sadly he died 2 years ago & it has been in probate ever since with no sign of it getting resolved. Now paying rent to his wife.