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The Great London House-Price Softening
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 cryrst  The garden of England 08 Apr 21 7.53pm |
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Originally posted by croydon proud
About 10k, and had another on the nose offer to, but they are paying above as well for next place to mate. For someone who doesn't like capitalism you sure know a few who benefit from it
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croydon proud  Any european country i fancy! 08 Apr 21 10.03pm |
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Originally posted by cryrst
For someone who doesn't like capitalism you sure know a few who benefit from it ha ha, i know a pipefitter that wears a suit to work and signs off boilers that doesn"t do to bad!
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| cryrst The garden of England 09 Apr 21 4.37am |
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Originally posted by croydon proud
ha ha, i know a pipefitter that wears a suit to work and signs off boilers that doesn"t do to bad! Don't forget the bowler hat and walking cane.
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 SW19 CPFC  Addiscombe West 09 Apr 21 7.52am |
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Originally posted by Eaglecoops
Houses that were £400k-£430k 18 months ago are now £500k-£550k. Spoke with Fine and Country last week and he says it's his best year of sales ever and that he has virtually no stock. Even houses that have stuck are flying off the books. There is something to say about getting out of London. My neice has been trying to sell her Wandsworth flat for months, but there are loads for sale and she only got one viewing. She has reluctantly rented it out instead. Compare that with anywhere south of Croydon where prices are shooting up and selling like hot cakes. As for a crash, that will wholly depend on interest rates. If they suddenly shoot up to 5%-6% then expect to see a load of keys handed into building societies and banks and a rapid softening of prices. If you own a flat in London you’re in trouble - better to hold rather than sell at this point. Houses doing alright. I’d also dispute the south of Croydon cut off, we recently had ours revalued and it’s increased 10% over the last 12 months, and that’s probably the conservative end of the spectrum. I see the whole ‘move to the burbs’ is a temporary trend rather than a permanent shift. Yes we won’t be going back to every company demanding being in the office five days a week but most will want people in for a minimum of 3 or 4 days a week within the next 12 months, and expect employees to be living a commutable distance away. Once cities start opening back up again there will be a flip back. This whole narrative of ‘cities are dead’ is massively overblown. The people working for a lot of big city corporates who have taken the risk of selling up and moved three hours away in the expectation of permanent WFH are going to have a bit of a shock over the coming months. Edited by SW19 CPFC (09 Apr 2021 12.20pm)
Did you know? 98.0000001% of people are morons. |
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| croydon proud Any european country i fancy! 09 Apr 21 4.14pm |
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Originally posted by SW19 CPFC
If you own a flat in London you’re in trouble - better to hold rather than sell at this point. Houses doing alright. I’d also dispute the south of Croydon cut off, we recently had ours revalued and it’s increased 10% over the last 12 months, and that’s probably the conservative end of the spectrum. I see the whole ‘move to the burbs’ is a temporary trend rather than a permanent shift. Yes we won’t be going back to every company demanding being in the office five days a week but most will want people in for a minimum of 3 or 4 days a week within the next 12 months, and expect employees to be living a commutable distance away. Once cities start opening back up again there will be a flip back. This whole narrative of ‘cities are dead’ is massively overblown. The people working for a lot of big city corporates who have taken the risk of selling up and moved three hours away in the expectation of permanent WFH are going to have a bit of a shock over the coming months. Edited by SW19 CPFC (09 Apr 2021 12.20pm)
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| cryrst The garden of England 09 Apr 21 5.42pm |
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Originally posted by croydon proud
With muggers, theives and gang members.
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| cryrst The garden of England 09 Apr 21 5.42pm |
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Originally posted by cryrst
With muggers, theives and gang members. Are you any of them CP Edited by cryrst (09 Apr 2021 5.43pm)
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| ASCPFC Pro-Cathedral/caravan park 09 Apr 21 5.51pm |
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Originally posted by cryrst
With muggers, theives and gang members. Don't forget the religious zealots/nutcases.
Red and Blue Army! |
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| croydon proud Any european country i fancy! 09 Apr 21 5.58pm |
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Ha ha, I"m Robin Hood mate.
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| croydon proud Any european country i fancy! 09 Apr 21 5.59pm |
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Originally posted by ASCPFC
Don't forget the religious zealots/nutcases. Plenty of both everywhere asc, even in the old country!
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| ASCPFC Pro-Cathedral/caravan park 09 Apr 21 6.18pm |
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Originally posted by croydon proud
Plenty of both everywhere asc, even in the old country! Really don't have them shouting at us in the street - as long as you're not near anything to do with abortion.
Red and Blue Army! |
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| croydon proud Any european country i fancy! 09 Apr 21 6.48pm |
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Originally posted by cryrst
Don't forget the bowler hat and walking cane. Ha ha, it wouldn"t suprise me mate.
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