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eric pebble

Offer Onsw London Property Only After Price

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http://quote.bloomberg.com/apps/news?pid=n...id=ak8yyZ_Dt1.Q

Christian Holland, a fund manager at Cavendish Asset Management in London, set the asking price for his three-bedroom house in the southwest of the U.K. capital at 519,000 pounds ($940,000). Four months and two price cuts later, he's happy to accept an even lower offer.

``It's for 450,000 and I'm taking it,'' says Holland, 37, of the single bid he's received. ``The market is dreadful.''

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Depends on how much he bought it for.....

I would expect someone who is a professional money manager to have a better insight into financial markets than to try and sell in a housing slump.

Ok, perhaps he had other issues, family, who knows, I can give him the benefit of the doubt there.

But he shouldn't be surprised that the market is rubbish, he should have known it was going to go t!ts up!

If he couldn't see the warning signs that were clearly showing, he shouldn't be managing money.

Edited by BandWagon

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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