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More and more people selling at loss
mynamehere replied to NoHPCinTheUK's topic in House prices and the economy
it depends how literally you take it. I'd argue it's clear the comment was figuratively and the meaning I was going for was unambiguous, and 99 out of 100 people would take it in spirit intended then you have the 1% who reply picking holes and being pedantic, perhaps salty that they are wrong so often and keen to record a win. however it just makes them seem like dickheads. (present company excepted) -
More and more people selling at loss
mynamehere replied to NoHPCinTheUK's topic in House prices and the economy
Sums up the current situation. The downward pressure manifests in transaction volume, not nominal falls. Much like the seller I'm Oxford, I would have refused to accept lower than I paid on my last house. I simply wouldn't have moved. What's the point in accepting lower, if my onward purchase is not accepting lower? What happens next is a crash in volume. And stagnant prices, but a very stubborn floor. There are exceptions such as divorce, (all my house purchases to date have been from divorce) but they are not common enough to move prices. As for flats, I can see price drops in SE for sure, but there are other factors like service charges, leasehold, cladding, all of which have been dragging on flat prices for years, even before the rate changes so this is nothing new, and not really evidence of a big change in the market that will translate to nominal house price falls. IMO -
More and more people selling at loss
mynamehere replied to NoHPCinTheUK's topic in House prices and the economy
You tell me. You live here. You seeing a house price crash? -
More and more people selling at loss
mynamehere replied to NoHPCinTheUK's topic in House prices and the economy
The flat likely has flatlined for the whole 10 years. It's less likely to have recently crashed. the site is called HOUSEpricecrash -
More and more people selling at loss
mynamehere replied to NoHPCinTheUK's topic in House prices and the economy
If a flat counts as bricks and mortar -
GPs to lose the power to hand out sick notes
mynamehere replied to fellow's topic in House prices and the economy
I do think it's asking for trouble to expect GPs to offer infinite appointments for a fixed charge per patient. There is no incentive for GP to spend any time investigating a sick note request? (But realistically, a charge per visit would end up only being paid my employed so what would change?) -
One of the easiest way to spot someone has no idea what they are talking about, is bringing up Russian casualties as even slightly relevant to anything. If anyone tells you 'yeah Russia might have gained ground, but they lost loads of lives so it's not a true victoyr'. then just know for 100% sure, this person has zero idea what they are talking about
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Home.co.uk April + 0.9% MoM + 0.8% YoY (Asking Prices)
mynamehere replied to Timm's topic in House prices and the economy
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UK job market doing poorly
mynamehere replied to henry the king's topic in House prices and the economy
Is there evidence of this white collar recession in today’s data. Havn’t looked too closely but looks on the surface there was a big increase in students and sickness but also rise in edges of those who are still employed. for house prices the question is what’s happening to the wages of typical house buyers? -
Seems more likely to me these principals were born of neccessity/ pragmatism and were dressed with religion
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Personally I don't think religion is anywhere near as influential on societies, as books such as the bible make out. More often a religious narrative is a cover for good old fashioned brutality
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Seeing what a drawn out shit show Brexit has been, was initially a boost, but eventually a big drag on the movement. 10 years on and still barely out the gates and little hope of anything faster than a limp
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The UK founded Isreal!