Boomed & Foxton's

[Vito]

Property probably isn't selling too well right now because of discussions such as this and all the media attention...it is all a conspiracy and Gordo will have given the press a back-hander to scare folk to calm things down again...

Also...even if your mate has dropped his price by 8%...the stats say that prices have risen by 13% this year so he is still up year on year...

Just realised...I'm not thinking of selling...I'm not thinking of buying...I know nothing about the property industry...I know nothing about world economy...so in summary, I neither care about house prices nor have any wisdon on the subject so this whole debate has been turned into a farce by my boredom...

Sorry!

[Clippy]

Property probably isn't selling too well right now because of discussions such as this and all the media attention...it is all a conspiracy and Gordo will have given the press a back-hander to scare folk to calm things down again...

Also...even if your mate has dropped his price by 8%...the stats say that prices have risen by 13% this year so he is still up year on year...

Just realised...I'm not thinking of selling...I'm not thinking of buying...I know nothing about the property industry...I know nothing about world economy...so in summary, I neither care about house prices nor have any wisdon on the subject so this whole debate has been turned into a farce by my boredom...

Sorry!

Don't sweat it, on this board, this makes you an expert on the subject!

[Vito]

Don't sweat it, on this board, this makes you an expert on the subject!

In that case...I declare myself the resident Property Expert!

[tim123]

I've also got a friend who are also trying to sell there house and they can't sell either. They don't live on a main road and their house is really nice. He's willing to take a 40K (nearly 8%) hit as he wants to move up the ladder. He's also not in a hurray as the place he wants to buy is around the 700K price. He's saying that all the propertys he's seen at that price are rubbish. Not that much more space and alot of work to be done on them.

Why would somebody who is having difficulty selling a 'normal' sized house, think that trading up is a good idea?

tim

[TheRightStuff]

Why would somebody who is having difficulty selling a 'normal' sized house, think that trading up is a good idea?

tim

because they have a growing family and want to buy a bigger house which they would probably live in for 15-20yrs or more.
Why should selling a house now have any implication of buying a bigger house which they might sell in 20 yrs time.