|Topic:||Re:Re:Re:Re:Property Price Crash|
|Posted by:||Adrian Irving|
|As I see it values in Central London have already dropped by say 10% however asking prices have not.|
This is because it is perceived by owners that prices are still rising and a good number of them are what I call discretionary sellers. That is, they don't need to sell and will only do so if 'I get my price'.
Things are slowly changing but it needs a trigger such as a rise in rates for owners and agents to make the overdue price corrections.
I may be viewing this for the elephant's tail but my perception is that the foreign investor is moving away from the uber posh areas and the ones I know are buying in places like Acton where prices are still on the rise and rental returns are stronger.
Places like Manchester, Sheffield are also becoming targeted particularly for new homes.
The net result is middle to top end Central London is in the doldrums, or is it the calm before the storm and will contagion spread to the UK as a whole?
|Topic||Date Posted||Posted By|
|Property Price Crash||30/10/15 08:38:00||Adrian Irving|
|Re:Property Price Crash||30/10/15 10:09:00||Andy Pease|
|Re:Property Price Crash||30/10/15 10:56:00||John Keeler|
|Re:Re:Property Price Crash||30/10/15 11:14:00||Ann Williams|
|Re:Re:Re:Property Price Crash||30/10/15 11:48:00||Cllr Sam Hearn|
|Re:Re:Property Price Crash||30/10/15 11:46:00||Ken Munn|
|Re:Re:Re:Property Price Crash||30/10/15 18:01:00||Keith Iddon|
|Re:Re:Re:Re:Property Price Crash||31/10/15 16:57:00||Anne England|
|Re:Re:Property Price Crash||30/10/15 11:52:00||Andy Pease|
|Re:Re:Re:Property Price Crash||30/10/15 12:52:00||Ann Williams|
|Re:Re:Re:Re:Property Price Crash||30/10/15 13:31:00||Peter Millman|
|Re:Re:Re:Re:Property Price Crash||30/10/15 13:37:00||Adrian Irving|
|Re:Re:Re:Re:Re:Property Price Crash||30/10/15 16:08:00||Ken Munn|
|Re:Re:Re:Re:Re:Re:Property Price Crash||31/10/15 13:36:00||Brian Coyle|
|Re:Re:Re:Re:Re:Re:Re:Property Price Crash||31/10/15 15:55:00||Will Watson|