Originally posted by DimPrawn
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House market bounce?
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Sister in-law is looking at buying in the south west - have convinced them to wait at least until B-day January 1st 2021.
There'll be a lot of distressed sellers in the new-year. Lovely time to go shopping."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by DimPrawn View PostFlats in busy city centres, houses with no or tiny gardens in large towns....big downward price pressure.
Houses with very large gardens away from crowded town centres, houses near national parks or the coast, farms, will go up massively in value.I am what I drink, and I'm a bitter manComment
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Originally posted by scooterscot View PostSister in-law is looking at buying in the south west - have convinced them to wait at least until B-day January 1st 2021.
There'll be a lot of distressed sellers in the new-year. Lovely time to go shopping.Comment
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Originally posted by scooterscot View PostSister in-law is looking at buying in the south west - have convinced them to wait at least until B-day January 1st 2021.
There'll be a lot of distressed sellers in the new-year. Lovely time to go shopping.
I am what I drink, and I'm a bitter manComment
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Outskirts of a major city but close enough to cycle in. Detached house, large garden and excellent local schools here. Local area soon to become a low traffic neighbourhood.
Last edited by BlueSharp; 31 July 2020, 13:19.Make Mercia Great Again!Comment
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This is a thread for winners!
HODLING large detached houses set in acres, near good schools, eateries, national parks, coast and with fastest internet.
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Originally posted by DimPrawn View PostThis is a thread for contractors!
HOLDING large detached houses set in acres, near good schools, eateries, national parks, coast and with fastest internet.
I am what I drink, and I'm a bitter manComment
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Could be relevant (at a tangent) to this discussion:
Next door works for a manufacturer of cars and motorcycles. typically, they have c. 4-5K bikes in UK stock this time of year (warehouse, not dealers).
Post lockdown they are at c. 2k units. They expect it to reach near 0 shortly.
They think the cause is fourfold:
1. Pent up demand (makes sense)
2. People not wanting to commute on public transport / WFH by default / moving to the countryside.
3. Rise in delivery services (Uber eats etc)
4. Factory shut downs offshore - 3 months in their case (ie supply issues to stock levels)
Will it last ? who knows? They're making bank currently!
MComment
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