Results just in! - House price decline accelerates

[Solidec]

When do you think that will be?

No idea, not gonna speculate.

Am happy to rent until the right property at a price I can live with comes up. And I am sure it will. meanwhile, keep stashing away cash for deposit.

Wait and See is my outlook for now

May well be forced to buy if I end up caving to pressure and marrying the girlfriend, she has no interest in living in rented accomodation

[Jog On]

Well I'm not going to wait until then but I'll make sure I'm very cash rich in time for it

[Jog On]

No idea, not gonna speculate.

Am happy to rent until the right property at a price I can live with comes up. And I am sure it will. meanwhile, keep stashing away cash for deposit.

Wait and See is my outlook for now

May well be forced to buy if I end up caving to pressure and marrying the girlfriend, she has no interest in living in rented accomodation

Same here, still it's her deposit not mine

[sasguru]

Funny how some men bow to "lady logic" even if they know better

[Solidec]

Funny how some men bow to "lady logic" even if they know better

Indeed

fickle bunch we are!

I just hope rents continue to fall in Central London. Am fixed in till november, hoping to upgrade for an extra room for near the same money.

Any folks care to speculate on the C London rental market (flats) ?

[sasguru]

Indeed

fickle bunch we are!

I just hope rents continue to fall in Central London. Am fixed in till november, hoping to upgrade for an extra room for near the same money.

Any folks care to speculate on the C London rental market (flats) ?

Don't know about C.London but elsewhere there's a glut of rental properties.
If not yet in London it will be.

[minestrone]

No idea, not gonna speculate.

Am happy to rent until the right property at a price I can live with comes up. And I am sure it will. meanwhile, keep stashing away cash for deposit.

Wait and See is my outlook for now

May well be forced to buy if I end up caving to pressure and marrying the girlfriend, she has no interest in living in rented accomodation

That is very much my situation, I am trying to tell her that waiting a year could mean retiring 5 years earlier. She can't seem to understand that with arguments like "I don't like the kitchen in this place". Bloody woman.

[DimPrawn]

Full details. Look at the graphs. Near the bottom? Not!

http://www1.landregistry.gov.uk/asse...rt2732009e.pdf

[PM-Junkie]

http://www1.landregistry.gov.uk/asse...rt2732009e.pdf

You can't read too much into the gradient of a graph like that. A big factor is the fact that the banking system is screwed. If politicians and central banks ever get off their fat, incompetent arses and actually address that, I would expect the rate of fall to lessen dramatically, and probably bottom out.

As long as they focus on irrelevances like pensions and bonuses though, prices will continue to free-fall.

[DimPrawn]

As long as they focus on irrelevances like pensions and bonuses though, prices will continue to free-fall.

Good!