The Masked Tulip Posted March 30, 2006 Share Posted March 30, 2006 PROFIT-HUNGRY homeowners are strangling the Welsh property market by demanding too much for their houses, experts warned yesterday.They say some of the blame for unrealistic house prices lies with estate agents who "gild the lily" to ensure they get the property on their books. But one estate agent said some vendors - particularly in the upper end of the market - insisted on high asking-prices out of vanity. Full story: Greed stifles Welsh property market Quote Link to comment Share on other sites More sharing options...
Badger Posted March 30, 2006 Share Posted March 30, 2006 Not so much 'gild the lily' as 'spray the turd silver with cheapo metallic paint from moto-mart'. Quote Link to comment Share on other sites More sharing options...
CaptainClamp Posted March 30, 2006 Share Posted March 30, 2006 check out the smartnewhomes.com add in the middle of article. could this be VI spin in itself - 'ooh look second hand homes are overvalued, lets go get a new shiny discounted one'... Quote Link to comment Share on other sites More sharing options...
dogbox Posted March 30, 2006 Share Posted March 30, 2006 Ah the old HPC 'Greed' mantra. As Ive always said, you guys dishing out the greed label is disengenous. Every one of you is greedy when it comes to trading - in your car. You will be no different when it comes to selling your own homes, you will not be greedy, just accepting what the market is prepared to pay. Ive often found people who claim they are not greedy, make sure they get every ounce of dosh out of thier employer. Quote Link to comment Share on other sites More sharing options...
karen1000 Posted March 30, 2006 Share Posted March 30, 2006 Ah the old HPC 'Greed' mantra. As Ive always said, you guys dishing out the greed label is disengenous. Every one of you is greedy when it comes to trading - in your car. You will be no different when it comes to selling your own homes, you will not be greedy, just accepting what the market is prepared to pay. Ive often found people who claim they are not greedy, make sure they get every ounce of dosh out of thier employer. One of the few sensible postings on this increasingly desperate website. Quote Link to comment Share on other sites More sharing options...
the end is a bit nigher Posted March 30, 2006 Share Posted March 30, 2006 One of the few sensible postings on this increasingly desperate website. not really happens around here all the time - someone on a road sells their house for x, the person down the road puts their house up for x+10% - there seems to be a concept that every house sale has to be for 10% more than its most recent equivalent i feel sorry for the bulls who really don't understand the bigger picture, particularly the air heads Quote Link to comment Share on other sites More sharing options...
CaptainClamp Posted March 30, 2006 Share Posted March 30, 2006 People have always done their best to get the highest price for their houses, and indeed for anything else they're selling (including their time to their employer). It's a fundamental mechanism of markets and not the cause of this bubble. In more rational times people simply wouldn't buy the 10% overvalued houses and they'd just be forced to drop them. Quote Link to comment Share on other sites More sharing options...
MarkG Posted March 30, 2006 Share Posted March 30, 2006 this increasingly desperate website Trolls really are out in force again lately. Is this the 'spring bounce'? Quote Link to comment Share on other sites More sharing options...
OzzMosiz Posted March 30, 2006 Share Posted March 30, 2006 One of the few sensible postings on this increasingly desperate website. Why are you here? Seriously!? Quote Link to comment Share on other sites More sharing options...
dogbox Posted March 30, 2006 Share Posted March 30, 2006 Why are you here? Seriously!? She's needed. This site is in the main one big mutual agreement club, its getting boring. We need robust opposing views to make it interesting. Quote Link to comment Share on other sites More sharing options...
the end is a bit nigher Posted March 30, 2006 Share Posted March 30, 2006 People have always done their best to get the highest price for their houses, and indeed for anything else they're selling (including their time to their employer). It's a fundamental mechanism of markets and not the cause of this bubble. In more rational times people simply wouldn't buy the 10% overvalued houses and they'd just be forced to drop them. and that's exactly what has happened the locak EAs do seem to have shifted a load of houses in Jan and Feb but they have now added about 10% to the replacement stock and surprise surprise, sales have come to a halt again why could they not have been happy with just having the turnover? probably because of what i described, people are greedy and tend to think their house is worth more than everyone elses Quote Link to comment Share on other sites More sharing options...
Badger Posted March 30, 2006 Share Posted March 30, 2006 She's needed. This site is in the main one big mutual agreement club, its getting boring. We need robust opposing views to make it interesting. NO WE DON"T how's that? Quote Link to comment Share on other sites More sharing options...
Solvent Celt Posted March 31, 2006 Share Posted March 31, 2006 There's no way Dai Reese is going to put "The Ponderosa" on for anything less than the going rate plus 10% is there? Quote Link to comment Share on other sites More sharing options...
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