Wednesday, March 18, 2015

Property bubble finally bursting?

Central london property bubble burst

Boom Began in london so will the crash?....foxtons also laying off workers...this one will be a big one I'm with little the government can do

Posted by taffee @ 12:01 PM (9433 views)
Please complete the required fields.



10 thoughts on “Property bubble finally bursting?

  • Good find, taffee, thanks for posting!

    Reply
    Please complete the required fields.



  • “Now many home buyers and investors are paying the price for their overenthusiasm.”

    **** ’em. Quite frankly.

    15% in Walworth is a pretty stunning, but still a long way to go to return to some semblance of sanity.

    Watch for the Tory spin machine to go full retard on this. And just before the election too.

    Reply
    Please complete the required fields.



  • I am sure prices will fall 50% in most areas of shitholeuponthames

    Reply
    Please complete the required fields.



  • Hate to say these figures are really not that reliable as this is another Rightmovesque non-mix-adjusted asking price index.

    Reply
    Please complete the required fields.



  • We will know for sure in October.

    I saw a house last Saturday for £395,000 – the price dropped to £375,000 on Monday.

    Reply
    Please complete the required fields.



  • The mortgage market continued its slump in February with lending down an estimated 9 per cent year-on-year, according to the Council of Mortgage Lenders. Lenders advanced £14.8bn to borrowers in last month, which was also 9 per cent down on January.

    Source – http://www.mortgagestrategy.co.uk

    Neil Woodford has called for a “dose of reality” on the Chancellor’s claims of a £7bn surplus by the end of the next parliament, and sees a more realistic scenario of a hole of over £120bn in the UK’s public finances.

    Source http://www.portfolio-adviser.com

    Reply
    Please complete the required fields.



  • Bearing in mind GDP these days includes prostitution drug dealing and goodness knows what else…How
    Can they be good barometers.

    Just as inflation used to be calculated as the cost of basic living..it now includes around 650 items most of which
    Are discretionary..perhaps these judges are one of the reasons credit crunch happened and will happen again

    Reply
    Please complete the required fields.



  • Taff @ Thursday, March 19, 2015 12:38PM all of which adds weight to HPW’s long running argument that its a phoney economy with a phoney recovery.

    Reply
    Please complete the required fields.



  • Agreed…even bulls on tv admit the elusive productivity growth is missing

    Well that’s a prerequisite for a recovery and despite all that’s been thrown at it by hmg and boe

    This shows that qe and near zero rates end in mis allocation of capital and mis pricing of assets

    Reply
    Please complete the required fields.



  • This is rather old news (although I wish it was true). The press release is date 5th Feb
    Most of the ‘news’ on home.co.uk is a complete load of drivel. Today’s big story is a survey of confidence in UK house prices – which improved in March, according to Knight Frank.
    Apparently 1 in 5 households surveyed across the UK said that the value of their home had risen over the last month. How would anyone know if the value of their house has risen over a period of a month? Bizarre.

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>