I would like to know how property price rises/falls compare between flats and houses. I reckon houses will do alot better.
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Things are looking very murky
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Originally posted by Board Game Geek View PostThat's a bit harsh isn't it ? Is that really your impression of the Daily Mail and its readers as a whole ?
/concernedComment
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Originally posted by pisces View PostDespite 20% drops in some areas the prices are still a facking joke.Comment
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Originally posted by Lambros View Posthttp://propertysnake.co.uk
Type in your post code and see how many houses in your area have dropped like a stone in the last six months.
It'll only really go tits up when I put my house on the market. That's when you'll see a proper crisis.Comment
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A mate of mine is trying sell the house he owns in Tooting.
The agent is marketing the place as "name your price" along with everything else in the shop."See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
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Love
I just think it will behave like any other market going up and down. So I'm going to buy when it looks very down.
Renting can be a pain though. Nice place but all the furniture is superficially nice but not great quality. Suppose I could always rent unfurnished.
I've been using property bee in Bristol and there are regulat house price cuts going on... but things still look inflated. A new build was on offer at 220k for six months, 30k more than anyone had ever paid for identical flats in the block, just been cust to offers over 200k... but other identical flats are on for 190k. I think it will take a couple of years but they are going to be drifting down to sub 150k.Comment
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Originally posted by DieScum View PostI just think it will behave like any other market going up and down. So I'm going to buy when it looks very down.Comment
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Originally posted by BrilloPad View PostA great crash that was. 20% down peak to trough - but prices are now 3 times that of the trough.Comment
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Originally posted by IR35 Avoider View PostMy flat I bought in early 1989 was worth 25% less than the mortgage a year after I bought it. For nearly ten years I couldn't move, and faced the prospect of bankruptcy if I ran out of contract work to pay the mortgage. For near ten years I also couldn't remortgage to get a lower rate. At the end of 1998 I sold it for the same price I bought it for."See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
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