Hopeful FTB Posted May 17, 2006 Share Posted May 17, 2006 What do people think is happening here at the moment? I am seeing some seriously crazy prices for tiny flats and they seem to have been going up recently and yet I remain very unconvinced about affordability as there has been a sharp decline in the area recently. Is it still the london commuter thing that is causing the problem? What do people think is happening here at the moment? I am seeing some seriously crazy prices for tiny flats and they seem to have been going up recently and yet I remain very unconvinced about affordability as there has been a sharp decline in the area recently. Is it still the london commuter thing that is causing the problem? Sharp decline in jobs that is...sorry! Quote Link to comment Share on other sites More sharing options...
redwing Posted January 27, 2007 Share Posted January 27, 2007 I have a friend who is thinking of selling his flat in Brighton - a nice one bed, top floor with roof access and you can see the sea from it. Are things still selling there? Any info I can pass on to him much appreciated. Quote Link to comment Share on other sites More sharing options...
christhpc Posted January 28, 2007 Share Posted January 28, 2007 Well, I do see the odd SOLD STC sign around, although I'm guessing most of the properties I see sold are flats or blocks of flats fueling the BTL merry-go-round. For some reason my mind likened it to a game of pass-the-parcel, but in reverse - where the last one holding the parcel loses. Estate agents are almost always empty of customers whenever I go past, no matter what time of day, or if it's a weekday or a weekend. Each time the offices seem to have more and more sheets of paper stuck to the windows - not for properties, just massive adverts, presumably to hide the shame of the staff sitting there idle. Tiddly pom! Quote Link to comment Share on other sites More sharing options...
redwing Posted January 28, 2007 Share Posted January 28, 2007 Well, I do see the odd SOLD STC sign around, although I'm guessing most of the properties I see sold are flats or blocks of flats fueling the BTL merry-go-round. For some reason my mind likened it to a game of pass-the-parcel, but in reverse - where the last one holding the parcel loses.Estate agents are almost always empty of customers whenever I go past, no matter what time of day, or if it's a weekday or a weekend. Each time the offices seem to have more and more sheets of paper stuck to the windows - not for properties, just massive adverts, presumably to hide the shame of the staff sitting there idle. Tiddly pom! Thanks Christh. Perhaps it's time they got busier. Quote Link to comment Share on other sites More sharing options...
christhpc Posted January 28, 2007 Share Posted January 28, 2007 I think there's a real stalemate going on here between buyers and sellers. It's not that properties aren't on the market, it's the fact that few people on local salaries or even commuters on London salaries can afford and / or are willing to buy or trade up. Please let us know what happens. Quote Link to comment Share on other sites More sharing options...
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