Har Har.....

[Sockpuppet]

Went to a mates house warming yesterday. Got speaking to his misses who was raving about how much the house was going to go up by.

Bought for £120,000 she think it will be worth £300,000 inside 5 years So by my calcs growth would have to more than double from the higest growth rates we've seen in the last 2 decades to achieve this (or £100 a day)! Truely buy now while they are cheap....

Anyone else thinks this sums up the property market or peoples perspectives of it.

Don't get me wrong its fantastic hes on the ladder but for feck sake get real about the growth potential.

[The AntiChrist]

£120k. It's a garage then ?

[Sockpuppet]

Tis up North. Apparently they are cheap up there. Although he is 200m from a WMC and hasnt become a member yet!

Anyway ... doomed!

I wonder if you get ClubCard points on these http://news.bbc.co.uk/1/hi/business/6253264.stm

[The AntiChrist]

They must be hoping the floods will divert the Thames then.

[Sockpuppet]

Apparently the post code is going to change to the "desirable" LS1. There is £180,000 profit right there!

[freakydancer]

wow.

[Gibbon]

LS1 - House ????

Thought it was all city living shoe boxes in LS1. Where's the house, Holbeck???

[el duder]

LS1 - House ????

Thought it was all city living shoe boxes in LS1. Where's the house, Holbeck???

Leeds?

[Gibbon]

Leeds?

Yeah I know, I'm intrigued whereabouts in LS1 the house is as I thought it was all prison cells (although some have good views). Holbeck is an area close to the city centre.

[Sockpuppet]

Apparently its LS11 at the moment but the post code is getting changed to LS1. Its not far from Ellan Road.