Jump to content
House Price Crash Forum
Sign in to follow this  
John The Pessimist

The Tin God Of Hpi Returns........

Recommended Posts

It can't be overseas money laundering buyers all over the UK?

What's Con Carney's excuse going to be for not being able to do anything about the overcooked market now. It'll be some half baked excuse that's for sure.

Edited by billybong

Share this post


Link to post
Share on other sites

It can't be overseas money laundering buyers all over the UK?

What's Con Carney's excuse going to be for not being able to do anything about the overcooked market now. It'll be some half baked excuse that's for sure.

Yes it can.

Outside of London there are very few sales.

I guess this is a small, last hurrah before the new lending criteria come in end of this month, and the FED normalises IRs.

Share this post


Link to post
Share on other sites

It's another HPI day. Let's all feel sorry for victim buyers paying ever higher prices.

_74146967_mail10.jpg

BBC News 10 April 2014

'Desperate need' for homes on sale, says Rics

House prices will continue to rise across the country until more homes are put on the market, an industry body has said.

The lack of homes for sale was a "major concern" and there was a "desperate need" for more, the Royal Institution for Chartered Surveyors (Rics) said.

Buyer inquiries rose in every area of the UK except Wales in March, its latest survey found.

Share this post


Link to post
Share on other sites

It's another HPI day. Let's all feel sorry for victim buyers paying ever higher prices.

_74146967_mail10.jpg

..>>Says RICS, the royal institute of estate agents.

This was reported on talk sport like it was FACT.

The only FACT is the papers were full of stories like this in 2007.

They VIs must be desperate. Has the market in london finally blown up ?

Share this post


Link to post
Share on other sites

..>>Says RICS, the royal institute of estate agents.

This was reported on talk sport like it was FACT.

The only FACT is the papers were full of stories like this in 2007.

They VIs must be desperate. Has the market in london finally blown up ?

Unfortunately not. I walked past a half-built block of flats in Stratford with a friend last week. It's increasing by a storey a week and sold out... to Chinese investors.

Share this post


Link to post
Share on other sites

Unfortunately not. I walked past a half-built block of flats in Stratford with a friend last week. It's increasing by a storey a week and sold out... to Chinese investors.

You could tell that by walking past ?

Is that is the case, with the Chinese credit crisis worsening daily these "investors" will dry up quicker that a Chinese takeaway in a tin foil box.

We have become Bulgaria to the Chinese property speculators laugh.giflaugh.giflaugh.giflaugh.gif

Edited by TheCountOfNowhere

Share this post


Link to post
Share on other sites

Unfortunately not. I walked past a half-built block of flats in Stratford with a friend last week. It's increasing by a storey a week and sold out... to Chinese investors.

Investors? Who invests at the top of a decade-long bubble? Only pai gow gamblers and Party criminals.

Share this post


Link to post
Share on other sites

..>>Says RICS, the royal institute of estate agents.

This was reported on talk sport like it was FACT.

The only FACT is the papers were full of stories like this in 2007.

They VIs must be desperate. Has the market in london finally blown up ?

'Middle Income' households were priced out on any reasonable criteria a decade or more ago.

Share this post


Link to post
Share on other sites

'Middle Income' households were priced out on any reasonable criteria a decade or more ago.

Not if you take on a LIAR LOAN, get an interest only mortgage backed by FLS, HTB1 or HTB2 and buy a shoe box house.

Get with the program.

Edited by TheCountOfNowhere

Share this post


Link to post
Share on other sites

Investors? Who invests at the top of a decade-long bubble? Only pai gow gamblers and Party criminals.

IMO a lot of the foreign investors aren't looking too closely at the return on capital; they are far more interested in return of capital.

The political climate in the UK is one of the most benign on the planet - and that's incredibly attractive when you live in a country where everything that you've built can be lost overnight if the local Party apparatchik decides that the brown envelope you've just slipped him feels a little light this month.

Share this post


Link to post
Share on other sites

..>>Says RICS, the royal institute of estate agents.

This was reported on talk sport like it was FACT.

The only FACT is the papers were full of stories like this in 2007.

They VIs must be desperate. Has the market in london finally blown up ?

I remember reading all of these stories back in 2007. It can't be long until it all blows up now. I give it 3 years top.

Share this post


Link to post
Share on other sites

IMO a lot of the foreign investors aren't looking too closely at the return on capital; they are far more interested in return of capital.

+1 This looks like the game ,the dodgier the far east`s economy looks the more money will flow out to perceived safe havens 20-30-40-50% loss in UK or 100% in China

Share this post


Link to post
Share on other sites

What a great day, Osborne will need this front page every day until the election; royal baby and soaring house prices ... but I am sure the Daily Express are suing for copyright as we speak.

+1

Daily Hate pulling out the stops for the election already.

Share this post


Link to post
Share on other sites

You could tell that by walking past ?

Is that is the case, with the Chinese credit crisis worsening daily these "investors" will dry up quicker that a Chinese takeaway in a tin foil box.

We have become Bulgaria to the Chinese property speculators [

There! you have said it! Yes, I can see this coming! :blink: The Chinese have liking for gambling (allegedly)!

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   220 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

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.