Thursday, July 10, 2008

The Assetz view of the London property market

Lucky Londoners

Stuatz takes a fair and balanced look at the London property market, and concludes that (i) London is bucking the trend of price falls, and (ii) London is "dragging the UK property market up from its current slump."

Posted by keeprenting @ 09:47 AM (829 views)
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11 thoughts on “The Assetz view of the London property market

  • What a pile of rubbish. I live in Bromley and I saw flat similar to one we rent nor on sale for 260k, then for 250k and finally for 215k (after which sign SOLD appeared). Needless to say that the same flat was sold three years ago for 195k

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  • The article concludes with:
    “According to Kinleigh Folkard & Hayward, the capital’s housing sector appears to be active and buoyant – a good sign for buy-to-let investors who have already enjoyed living the high life with a portfolio routed in this lucky city. ”

    It was at that point I howled with laughter. There should be a Law against this sort of article.

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  • There is a law: the law of common sense.

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  • Anyone with property bee can see this is total nonsense. Stuart should get himself down to Fulham and see how London is really ‘bucking the trend of price falls’!

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  • it_is_going_with_a_bang says:

    What a desperate fool.
    Funny how everywhere you look exactly the opposite is being reported.

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  • did not mention the Savills report on london properties Much more negative.

    What the EAs were in fact saying is that you can sell your house if you price it keenly enough. Simple really

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  • Landedgentry says:

    Wow the bankruptcy proceedings must be getting closer LOL.

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  • If I here that losing rallying mantra ‘bucking the trend’ again, I am going to chunder.

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  • it seems like I don’t live in London then since in NW6 prices have been going down very visibly!! (being registered with a few agents at the moment, I’ve been seeing emails of the same prices with lower price tags coming into my inbox on a daily basis!!)

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  • “However, the company stated that in Surrey Quays two properties were snapped up within two days of going on sale – not bad for an economy apparently verging on a recession.”

    Jeez, is that it? The fact that 2 properties sold in two days means everything is hunky dory? This man is a moron. There are so many possible conclusions you could draw from that comment, like the fact they might have been priced at 40% discount.

    I cannot wait for the day when this man finally accepts it’s all over and he throws the towel in.

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  • letthemfall says:

    Shall we have a sweepstake? Who will be the last VI to pretend that all is hunky dory in housing? Kurses and Fill have fallen silent; the opposition on this site have vanished. Even Govt ministers shuffle and mutter about the subject now. I suspect Law will keep dribbling until his value-subtracting outfit goes bust.

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