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spyguy

Battered, see.

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20 minutes ago, PeanutButter said:

Called this oversupply ages ago. Some of the discounts on zoopla are staggering. 

Reductions

550k for a 1 bed flat is not a reduction.  

When did a grand a square foot make sense.

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13 minutes ago, longgone said:

550k for a 1 bed flat is not a reduction.  

When did a grand a square foot make sense.

It makes more sense than £750k!

 

5th Dec 2018  £550,000  Price reduced by £200,000
23rd Mar 2018  £750,000  First listed

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25 minutes ago, PeanutButter said:

It makes more sense than £750k!

 

5th Dec 2018  £550,000  Price reduced by £200,000
23rd Mar 2018  £750,000  First listed

I keep watching them saw movies but the sense never sinks in.

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Funny old project.. SP Setia consortia paid £400m for the site from Treasury Holdings (well its creditors)

The site clearly was n't worth £400m, hence the really small % of social housing on a viability basis. = Public good taking a hit to benefit creditors

Carillion lost a bomb on the first phase. = Private capital subsidising build.

Tinckhall the "mastermind" of the project, wanders off into sunset and buys a shopping centre in Maidenhead with other peoples money. = reward for failure

The Malaysians play pass the parcel with the ownership = ability to export capital from a country with a balance of payment surplus

Development is an expensive game, when it involves £400m up front, massive infra, super sewers etc. Its no bad thing the Malaysians have deeper pockets than all the previous protagonists. Allegations of malfeasance against state officials could be disasterous 

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  • 297 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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