House Prices

[DimPrawn]

http://news.bbc.co.uk/1/hi/business/4918170.stm

House prices surging upwards.

I wish I hadn't missed out on buying an ex council 1 bed studio flat in East London for £600,000 like you could buy a few months ago before these recent price hikes....

[Bovvered]

We need to move on. Can't we find anything else to b1tch about?!!!

Fekkin Brown.

[The Lone Gunman]

We need to move on. Can't we find anything else to b1tch about?!!!

Fekkin Brown.

How about the lack of talent willing to get their baps out on this forum?




....................... I'll get me coat.

[janey]

How about the lack of talent willing to get their baps out on this forum?




....................... I'll get me coat.

[DimPrawn]

We need to move on. Can't we find anything else to b1tch about?!!!

Fekkin Brown.

You leave Brown alone. He just sent me a tax rebate for nearly £3.5K.

And anyway, I may not be rich, but my house is.

Which was nice.

[wendigo100]

My house is worth over 400K now, and I don't live in London. Boy am I rich.

[DimPrawn]

My house goes on very expensive holidays and drives a premium brand car.

Which was nice.

[DaveB]

My house wants its wall-ties renewed... at my expense...

Just wrap it in gaffer tape. I know a bulgarian chap who can do it for you.....

[expat]

http://news.bbc.co.uk/1/hi/business/4918170.stm

House prices surging upwards.

I wish I hadn't missed out on buying an ex council 1 bed studio flat in East London for £600,000 like you could buy a few months ago before these recent price hikes....

I liked this point of view:

If you can rent anything decent, try to avoid buying property. Think about the most interesting people you know. Chances are, most of them are renters. People who rent talk about the books that they've read, the trips that they've taken, the skills that they are learning, the friends whose company they are enjoying. Property owners complain about the local politicians, the high rate of property tax, the difficulty of finding competent tradespeople, the high value of their own (very likely crummy) house or condo, and what kinds of furniture and kitchen appliances they are contemplating buying. Property owners are boring. The most boring parts of a property owner's personality is that which relates to his or her ownership of real estate.

[DaveB]

I'm thinking about buying a nice 4 bed detached house in Newark for £160k.

Puts London prices into perspective?

Newark is a pretty good place to live. Lots of ameneties, good standard of living and easy access to London by road or rail. I used to rent a place there before buying my current place. If you get the chance I'd go for it. You can be in central london in 90 mins.