How far will house prices fall [volume 4]

How far will house prices fall [volume 4]

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hyphen

26,262 posts

91 months

Thursday 26th October 2017
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£75k for a kitchen? You can build a whole house in Canary Wharf for £300k http://www.dailymail.co.uk/femail/article-5016357/...

B'stard Child

28,447 posts

247 months

Thursday 26th October 2017
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p1stonhead said:
dirty boy said:
Justayellowbadge said:
anonymous said:
[redacted]
Any built in coffee machine under 2k will merely spout undrinkable filth.

If your fridge freezer is under 10k it may as well be 12v in a caravan for all the good it will do.

I have no idea how one can be expected tp do without a walk in wine chiller, but if you insist on what is basically a glass fronted fridge it better cost more than the fridge freezer.

If the ufh isn't app enabled you might as well leave the country.
Did you actually read what you wrote?

Anyone who considers a ff 'needs' to cost more than £10k should have their head examined.
whooooooooooooosh
You could have asked him to pick a colour


ClaphamGT3

11,305 posts

244 months

Thursday 26th October 2017
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hyphen said:
£75k for a kitchen? You can build a whole house in Canary Wharf for £300k http://www.dailymail.co.uk/femail/article-5016357/...
This thread is descending into a farcical parody of the Monty Python "shoe box isn't middle of road' sketch.

Yes, you can build a new home for £300k (or less) in the same way that you can buy a brand new car for £10k. What you can't do is sensibly compare your £10k Dacia Sandero to a £100k 911.

As I have said, this thread has provided an interesting range of perspectives on what people are doing and finding in the property market, ranging from ultra high-end PCL developments that Z4ChrisRRS is doing, through middle aged professionals like Tonker and I buying and doing up our own homes in London and the SE to people like Rovinghawk, doing his own refurbishment in a different part of the country.

It's a real shame that the thread seems to have been hijacked by posters who have no knowledge or experience to add but just want to jibe at anyone with a different outlook to them

hyphen

26,262 posts

91 months

Thursday 26th October 2017
quotequote all
ClaphamGT3 said:
This thread is descending into a farcical parody of the Monty Python "shoe box isn't middle of road' sketch.

Yes, you can build a new home for £300k (or less) in the same way that you can buy a brand new car for £10k. What you can't do is sensibly compare your £10k Dacia Sandero to a £100k 911.

As I have said, this thread has provided an interesting range of perspectives on what people are doing and finding in the property market, ranging from ultra high-end PCL developments that Z4ChrisRRS is doing, through middle aged professionals like Tonker and I buying and doing up our own homes in London and the SE to people like Rovinghawk, doing his own refurbishment in a different part of the country.

It's a real shame that the thread seems to have been hijacked by posters who have no knowledge or experience to add but just want to jibe at anyone with a different outlook to them
I wasn't being serious in comparing a Daily Mail shoebox to a high end home's kitchen hehe

dirty boy

14,703 posts

210 months

Thursday 26th October 2017
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blimey....tfft


Ari

19,348 posts

216 months

Thursday 26th October 2017
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ClaphamGT3 said:
It's a real shame that the thread seems to have been hijacked by posters who have no knowledge or experience to add but just want to jibe at anyone with a different outlook to them
Lighten up, it's just a bit of leg pulling from the plebs in the 'Barratt boxes' who struggle through life with new skirting boards that don't match - and I mean exactly match - the originals. wink

Back on track, I hear property prices are set to double over the next seven years - any thoughts? getmecoat

Rovinghawk

13,300 posts

159 months

Thursday 26th October 2017
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Ari said:
I hear property prices are set to double over the next seven years - any thoughts?
Sorry- my crystal ball's away for recalibration.

hyphen

26,262 posts

91 months

Thursday 26th October 2017
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Rovinghawk said:
Ari said:
I hear property prices are set to double over the next seven years - any thoughts?
Sorry- my crystal ball's away for recalibration.
UK population is expected to be 70m in 2029, so Sajid David's upcoming plans to build more better be good!

http://www.bbc.co.uk/news/uk-politics-41761292

Ari

19,348 posts

216 months

Thursday 26th October 2017
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anonymous said:
[redacted]
No problem. Dunelm sell stencil kits, just get a slogan like 'LOVE LIVE LAUGH' stencilled onto your lounge wall instead - should cost less than £100,000, leaving change for one of those posters with 'family rules' on about forgiving even when it's hard, doing what you love and being respectful. thumbup

turbobloke

104,014 posts

261 months

Thursday 26th October 2017
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Ari said:
Back on track, I hear property prices are set to double over the next seven years - any thoughts? getmecoat
smile

I thought that 'experts' had decided that doubling would now require 15 years...

https://www.thesun.co.uk/news/3060871/house-prices...

...then prices would go on rising through to 2050...

http://www.thisismoney.co.uk/money/mortgageshome/a...

Sheepshanks

32,804 posts

120 months

Thursday 26th October 2017
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anonymous said:
[redacted]
I suppose these things become increasingly important now you've reach middle age. wink

Cheburator mk2

2,995 posts

200 months

Thursday 26th October 2017
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Back on topic...

Very mixed - still looking at Dulwich and surrounding area. Have identified three doer-uppers in the 1.5 to 1.8mm bracket. They can all be lived in, but you would want to re-furbish them. One is a grade 2 listed Georgian house, one is a Victorian detached and one is an arts and craft place. Size wise - from 2200 to 2900sqft. They have all been on the mkt since January. Not a single penny has been chopped off the price. Not buying for a profit, but to live in, as both kids have got places in Alleyn's and the commute on the school bus is not a viable option.

Where we are, stuff is still moving, but at lower prices. This is within the same price bracket - about 10% gets lopped off, and then lo-and-behold, they sell... BR7

okgo

38,077 posts

199 months

Thursday 26th October 2017
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What's wrong with the bus just purely out of interest?

A few of my mates went there and some lived in surrounding areas a bus away...

Cheburator mk2

2,995 posts

200 months

Thursday 26th October 2017
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okgo said:
What's wrong with the bus just purely out of interest?

A few of my mates went there and some lived in surrounding areas a bus away...
Bus is actually super convenient - the stop is 5 mins away from our current house. Unfortunately, the little one is not allowed on the bus - he is too young. Otherwise, we love the house where we are at present, and I can think of a few nicer ways to spend the SD...

AyBee

10,536 posts

203 months

Thursday 26th October 2017
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Cheburator mk2 said:
okgo said:
What's wrong with the bus just purely out of interest?

A few of my mates went there and some lived in surrounding areas a bus away...
Bus is actually super convenient - the stop is 5 mins away from our current house. Unfortunately, the little one is not allowed on the bus - he is too young. Otherwise, we love the house where we are at present, and I can think of a few nicer ways to spend the SD...
Have cousins who get the bus there from Clapham. Surely taxiing the youngest one until he's old enough to get the bus would be cheaper than the stamp duty?

Cheburator mk2

2,995 posts

200 months

Thursday 26th October 2017
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AyBee said:
Have cousins who get the bus there from Clapham. Surely taxiing the youngest one until he's old enough to get the bus would be cheaper than the stamp duty?
Yes, agreed.

One of the reason we are looking to potentially move there is that somehow I feel long term, the area has better potential than Chislehurst. Also, I would love to do another refurbishment project, and put my stamp on a classic British architectural piece this time, rather than on the Modernist masterpiece that we have at the moment.

brickwall

5,250 posts

211 months

Thursday 26th October 2017
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Cheburator mk2 said:
AyBee said:
Have cousins who get the bus there from Clapham. Surely taxiing the youngest one until he's old enough to get the bus would be cheaper than the stamp duty?
Yes, agreed.

One of the reason we are looking to potentially move there is that somehow I feel long term, the area has better potential than Chislehurst. Also, I would love to do another refurbishment project, and put my stamp on a classic British architectural piece this time, rather than on the Modernist masterpiece that we have at the moment.
Dulwich ain't a bad place to be based long term. I grew up there, and the parents still live there. I can see why they picked it 25 years ago.

(Though of course in % terms the price rises in that period haven't equalled Clapham. I reckon prices now in SE21 are 7x what they were in the early 90s, vs 10+ in other areas).

Cheburator mk2

2,995 posts

200 months

Friday 27th October 2017
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brickwall said:
Dulwich ain't a bad place to be based long term. I grew up there, and the parents still live there. I can see why they picked it 25 years ago.

(Though of course in % terms the price rises in that period haven't equalled Clapham. I reckon prices now in SE21 are 7x what they were in the early 90s, vs 10+ in other areas).
Difference was that back in 1996 when I moved to London, Dulwich was still a nice place, while most of Clapham was "edgy" in Foxton's speak aka an absolute dump, hence the percentage move is more exaggerated. There is no way I would be swapping BR7 (complete with retired Sarf Laaandhan gangsters) for the dubious pleasures of Clapham (apologies to our Clapham residents). Dulwich on the other hand...

hyphen

26,262 posts

91 months

Friday 27th October 2017
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London Mayor in Guardian today heavily criticising the approach to affordable housing in the Boris era.

Has done a report saying 65% of new housing should be affordable/shared ownership, expected that this will be implemented as a 50% requirement.

Wants to build less penthouses in the city, and more homes in the suburbs.

turbobloke

104,014 posts

261 months

Friday 27th October 2017
quotequote all
hyphen said:
London Mayor in Guardian today heavily criticising the approach to affordable housing in the Boris era.

Has done a report saying 65% of new housing should be affordable/shared ownership, expected that this will be implemented as a 50% requirement.

Wants to build less penthouses in the city, and more homes in the suburbs.
Very worthy and no doubt that will all be at his risk not somebody else's.

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