Si1 Posted March 7, 2016 Share Posted March 7, 2016 The picture ?....more supply at increasingly insane prices ? F me It is ludicrous Quote Link to comment Share on other sites More sharing options...
Si1 Posted March 7, 2016 Share Posted March 7, 2016 13-15 is absolutely mental! low inflation... my ass! And Help to Buy was introduced when? It's terrible stuff, just evil. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted March 7, 2016 Share Posted March 7, 2016 F me It is ludicrous When you look at those numbers you can clearly see the insanity of it all. I keep saying....it's best to just sit back and watch it all unfold. There is nothing sustainable about all of this. People need to remember between 1998 and 2007 we were having double digit price rises. People need to remember that in 2007, the prices listed there of approx 400K, were MENTAL. People need to remember between 2007 and 2008 the banking system collapsed. People need to remember between 2002 and 2016 the productive side of the economy have had no/low pay rises. Whatever you do....DONT BUY A HOUSE IN THE UK RIGHT NOW. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted March 7, 2016 Share Posted March 7, 2016 (edited) And Help to Buy was introduced when? It's terrible stuff, just evil criminal. People aren't being forced to buy, so maybe not evil. but taxing people and lending them their own money to buy a house using a 40% deposit scheme to assit building companies who helped bank roll your election campaign...now that's another mater. If I can see this...why cant 60 million other people ? All my opinion, which counts for nothing it seems. Edited March 7, 2016 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
Madcrash Posted March 7, 2016 Share Posted March 7, 2016 http://www.ibtimes.co.uk/london-property-new-build-crisis-looms-amid-talk-overuspply-pricey-luxury-flats-1548014 Quote Link to comment Share on other sites More sharing options...
Madcrash Posted March 7, 2016 Share Posted March 7, 2016 Guardian's take Glut of new-build properties leads to falling premiums in central London http://gu.com/p/4hbh9?CMP=Share_AndroidApp_Copy_to_clipboard Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted March 7, 2016 Share Posted March 7, 2016 Guardian's take Glut of new-build properties leads to falling premiums PRICES in central London THE SE http://gu.com/p/4hbh9?CMP=Share_AndroidApp_Copy_to_clipboard For London 2016...read Bulgaria 2008 Quote Link to comment Share on other sites More sharing options...
Guest Posted March 7, 2016 Share Posted March 7, 2016 Msm on R4 You and Yours today... Said crash has already started in SW8 Quote Link to comment Share on other sites More sharing options...
Madcrash Posted March 7, 2016 Share Posted March 7, 2016 Msm on R4 You and Yours today... Said crash has already started in SW8 Any new information? Talking of real crash or mere correction in prices? Quote Link to comment Share on other sites More sharing options...
Guest Posted March 7, 2016 Share Posted March 7, 2016 Any new information? Talking of real crash or mere correction in prices? Mentioned 15% drop in Kensington already, London will pull down whole country. Nothing new but every little helps. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted March 7, 2016 Share Posted March 7, 2016 Guardian's take Glut of new-build properties leads to falling premiums in central London http://gu.com/p/4hbh9?CMP=Share_AndroidApp_Copy_to_clipboard Those grpahs show the insanity of the situation nicely. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted March 7, 2016 Share Posted March 7, 2016 Mentioned 15% drop in Kensington already, London will pull down whole country. Nothing new but every little helps. Yet the MSM are fairly quiet on this collapse !!! Weird that. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted March 7, 2016 Share Posted March 7, 2016 And Help to Buy was introduced when? It's terrible stuff, just evil. Exactly. As I've been saying for 3 years. #banHTB #bringbackcapitalism Quote Link to comment Share on other sites More sharing options...
Guest Posted March 8, 2016 Share Posted March 8, 2016 Msm on R4 You and Yours today... Said crash has already started in SW8 Sorry I meant to say "MSW" on R4 yesterday ... i.e. Merryn Somerset Webb. Quote Link to comment Share on other sites More sharing options...
Tapori Posted March 8, 2016 Share Posted March 8, 2016 (edited) This property bubble will end for some as, "The Ride of Broken Dreams." - Once R4 start reporting it's good; Their property bubble radio series is still on their site from 2 years back. It's quite good but old and hidden away on the bbc site. Edited March 8, 2016 by Tapori Quote Link to comment Share on other sites More sharing options...
suntory Posted March 8, 2016 Share Posted March 8, 2016 Sorry I meant to say "MSW" on R4 yesterday ... i.e. Merryn Somerset Webb. Mwahhhhh, I love MSW. Her voice is very soothing. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted March 8, 2016 Share Posted March 8, 2016 (edited) Exactly. As I've been saying for 3 years. #banHTB #bringbackcapitalism The HTB policy really had the desired effect, propping up the bottom of the pyramid/ponzi/chains and pushing up prices to insane levels around election time....now what ? We are clearly in some sort of new bubble, I am seeing no end of stuff sell at crazy prices now. To say anyone not on the pyramid is priced out would be an understatement. It's madness, Edited March 8, 2016 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted March 8, 2016 Share Posted March 8, 2016 Not at all madness. Cronyism Badness. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted March 8, 2016 Share Posted March 8, 2016 Not at all madness. Cronyism Badness. Correct, the people fixing the system are not mad, they are either stupid. short sighted, greedy, evil, corrupt, criminal, geniuses, visionaries. Take your pick. The people buying into the bottom of the pyramid are the mad ones Quote Link to comment Share on other sites More sharing options...
Automotive Engineer Posted March 8, 2016 Share Posted March 8, 2016 (edited) this is madness Edited March 8, 2016 by Automotive Engineer Quote Link to comment Share on other sites More sharing options...
Barnsey Posted March 8, 2016 Share Posted March 8, 2016 The HTB policy really had the desired effect, propping up the bottom of the pyramid/ponzi/chains and pushing up prices to insane levels around election time....now what ? We are clearly in some sort of new bubble, I am seeing no end of stuff sell at crazy prices now. To say anyone not on the pyramid is priced out would be an understatement. It's madness, Where are we now in London since Q2 2015 on that second graph? Over 10x perhaps? Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted March 8, 2016 Share Posted March 8, 2016 Where are we now in London since Q2 2015 on that second graph? Over 10x perhaps? Who cares...it's madness. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted March 8, 2016 Share Posted March 8, 2016 Who cares...it's madness. 2007 was madness and now prices are double that. How has your pay rises been since then ? Quote Link to comment Share on other sites More sharing options...
Damik Posted March 8, 2016 Author Share Posted March 8, 2016 (edited) MSM for last 24h: Glut of new-build properties leads to falling premiums in central ... The Guardian-21 hours ago London property: 'New build crisis' looms amid talk of overuspply of ... International Business Times UK-20 hours ago Property consultancy exposes London's new-build glut and premiumsEstate Agent Today-10 hours ago Oversupply of luxury flats could lead to fall in pricesWhat Mortgage-16 hours ago Edited March 8, 2016 by Damik Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted March 8, 2016 Share Posted March 8, 2016 Oversupply of luxury flats could lead to fall in prices What Mortgage-16 hours ago This baby is going down. Quote Link to comment Share on other sites More sharing options...
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