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Kirstie And Phil On The Autumn Market

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So whats the betting that the new property porn will be, how to smash down vendors in a buyers market

rather than how to tart up your 3 bed semi in lowestoft to add extra £000's.

.

ST

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Are Kirtsy and Phil finaly turning bear? 'make a low offer' is their main advice.

yay people hold out prices drop people dont want to invest in property because prices drop. yay.

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Are Kirtsy and Phil finaly turning bear? 'make a low offer' is their main advice.

No, Just twit's. I await this season with the following advice : "Technically we were right. Property has gone up in value in the short term, but now we are seeing the cycle reversing as we have always predicted".

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I was worried there for a moment I thought they had turned their backs on their old mantra about prices always going up but then I read this -

"There will be cut-price properties but the broader trend is that prices will keep going up, so I suspect anyone who opts out of the market completely like that will lose out." (in reference to STR's)

Otherwise known as quick jump on the ladder "and dont get off" or it will be too late - they really have lost some sense of reality - what about the FTB who is already priced out?

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I was worried there for a moment I thought they had turned their backs on their old mantra about prices always going up but then I read this -

"There will be cut-price properties but the broader trend is that prices will keep going up, so I suspect anyone who opts out of the market completely like that will lose out." (in reference to STR's)

What they mean is "don't sell, then demand will remain strong and less chance of a crash"

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There is a
distinct chill in the air
, and it’s not just our washout summer to blame. As the autumn sales season starts, so the property market climate is changing too...../
But agents, developers and economists all agree an autumn cooldown is under way. They identify four main reasons. Firstly,
there is no longer a significant mismatch between properties for sale and buyers
.
.

This is nicely put. I am more convinced than ever that the VI reports still showing small increases in HPI are not reflecting the new chill in the air. K & P are not wanting to look like right plonkers when the news is finally out and this is their way of hanging onto some credibility. Hindsight is always 20:20.

And for all those VIs who keep saying that there is a shortage in supply K&P do not agree. The "experts" have spoken and there is now in force an estopple against any EA who suggests the truth is otherwise.

Edit: Just read this bit--its crash time folks! NOW

Three weeks ago the website www.propertysnake.co.uk, which collates details of properties for sale with slashed asking prices, had
reductions of up to 29 per cent
on no fewer than 29,000 homes. This has since risen to 31,442 reduced prices of up to 34.69 per cent (despite a recent withdrawal of information by property sales websites which were previously happy to contribute to the service).
Edited by Realistbear

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Are Kirtsy and Phil finaly turning bear? 'make a low offer' is their main advice.

I hope that some of those idiots who followed their mantra and bought 3 months ago run into them in a shopping mall before christmas.

The property bloodbath! :lol:

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I must admit to being one of the few on hpc to have entered Kirsty's main property.

Although the property was in good condition for it's age, I found that not only was her

entrance itself quite narrow,I was also surprised to find that access was further impeded

by a rather unkempt bush. I even offered to give her bush a bit of a trim, an offer which

she declined ,strangely enough.Her rear access was, if anything , even tighter.

I don't want to go into detail about her interior but suffice it to say, I'm looking

forward to going up there again!

Btw, does anyone know what is meant by the term 'property porn.'?

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No, Just twit's. I await this season with the following advice : "Technically we were right. Property has gone up in value in the short term, but now we are seeing the cycle reversing as we have always predicted".

which would basically see them admitting "we knew all along you'd get shafted, accepting that at least mid-term, your house has just lost THOUSANDS. Yes, our advice was f****** criminal!"

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Guest Bart of Darkness
I must admit to being one of the few on hpc to have entered Kirsty's main property.

Although the property was in good condition for it's age, I found that not only was her

entrance itself quite narrow,I was also surprised to find that access was further impeded

by a rather unkempt bush. I even offered to give her bush a bit of a trim, an offer which

she declined ,strangely enough.Her rear access was, if anything , even tighter.

I don't want to go into detail about her interior but suffice it to say, I'm looking

forward to going up there again!

Btw, does anyone know what is meant by the term 'property porn.'?

Enough to know that you've got a bright future in it! ;)

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Guest Skint Academic
I must admit to being one of the few on hpc to have entered Kirsty's main property.

Although the property was in good condition for it's age, I found that not only was her

entrance itself quite narrow,I was also surprised to find that access was further impeded

by a rather unkempt bush. I even offered to give her bush a bit of a trim, an offer which

she declined ,strangely enough.Her rear access was, if anything , even tighter.

I don't want to go into detail about her interior but suffice it to say, I'm looking

forward to going up there again!

Yeah but the view's crap.

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Guest muttley
"There will be cut-price properties but the broader trend is that prices will keep going up, so I suspect anyone who opts out of the market completely like that will lose out." (in reference to STR's)

Why would anyone take a low offer if the broader trend is up? They can't bring themselves to say "Prices might fall" can they?

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Yeah but the view's crap.

The back of her gable end isn't that bad surely?

She insisted I use the tradesman's entrance. One of the few occasions I wiped the mud off after exiting the property.

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The back of her gable end isn't that bad surely?

She insisted I use the tradesman's entrance. One of the few occasions I wiped the mud off after exiting the property.

Was that because she had recently had the front porch painted?

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