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  • Property Prices

    Is property price stagnation on the way?



    I was looking at Rightmove and Zoopla this morning and in my own patch

    I have noticed a real slow down in property sales

    Property that would have been snapped up by Landlords are just not selling

    The area is not attracting the FTB and its stagnating

    We have part Three of S24 around the corner too which can only make things worse

    The plus side I can see is that Rents are rising a little...

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    Learn Change and Adapt ?????

    All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.

    I agree all is quiet at the moment . Been that way last 6 mths in MK

    Rents are stable for me but prices are sticking and slow sales

    Seasonal stuff is a factor of course

    Brexit is the big one off factor which is hard to gauge as still so much up in the air

    In 10 years we can look back and assess its impact .

    At the moment you just pick off value stuff  where found in The January sales

    With any stagnation pent up demand develops

    When confidence  kicks in off we go again  and you get a mini bubble

    I saw my daily Scotts Porridge Oats at a 40% discount the other day so I bought 10 packets

    The Brexit bounce will have its place in history - No one knows when that will be called yet

    I will eat my porridge over the next year but imagine it bounced back by 40% I may sell on

    Other breakfast products  I`m sure are available ...

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    Jonathan Clarke. http://www.buytoletmk.com

    Just think we could be joining the millions

    going back to work today

    now in my book that would be a real problem

    keeo eating the porridge JC

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    Learn Change and Adapt ?????

    All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.

    Yes indeed

    One of my rather sadistic secret joys is hearing the engines start up of the neighbours as they go back to work today

    Brings a smile to my face every time.

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    Jonathan Clarke. http://www.buytoletmk.com

    I like to hear the rush hour traffic jams on the radio

    it’s nice to leave the house after 10 when it’s quite

    what we are talking about is opting out of the rat race

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    Learn Change and Adapt ?????

    All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.

    About 30 years ago I saw Michael Aspel do an article about getting into business

    The underlying theme was yes to enable you to opt out of the rat race

    It was about building a business whilst still working so you can leave your job earlier than most

    He was filmed on a bridge above a busy motorway with the `rats` on their way to work

    Car after car after car going to work 9 - 5 . Crazy

    There must be a better way I thought than to spend  45 years of my working life doing that

    They don`t teach you that in school though

    School is a kind of cult activity and part of the problem

    It dumbed down entrepreneurship . Swept it under the carpet

    They do great things yes  - but they also  stagnate part of the brain

    As I type at 8.57 am another neighbour climbs into their car

    They look rushed . 3 mins to clocking in time . They are probably running late.

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    Jonathan Clarke. http://www.buytoletmk.com

    We may live in different parts of the uk but we do think alike JC

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    Learn Change and Adapt ?????

    All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.

    I absolutely agree with you Jonathan

    By the way...long time...I have been quiet...."blinded" in my 9-5 job....haven't managed to quit it yet...hope in 5 years time!

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    It's no surprise to me: S24 and Osborne's 3% SD theft - another example of what happens when people who don't know what they're doing, and are incapable of thinking things through, start poking their nose in where it ain't welcome.

    Another thing I've learnt in life is that when an organisation gets bigger and exceeds a certain size (critical mass), it become inefficient and inept. Government departments are prime examples, along with Virgin Trains, Npower and eon.

    Happy new year.

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    I think the Bank of England announcing a possible market crash if we get a hard BREXIT has made people cautious about going forward which has slowed the market. Properties I’m watching are being reduced but it’s hard to know whether that’s because they’ve been overvalued or the bubbles bursting.

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    I think there is multiple reasons

    the UK market is built on a deck of cards

    move one and it will tumble

    I don’t ever worry about a crash it’s the time to buy

    but what I want to know is how do they get the market going again?

    that’s the major question in my crystal ball

    0
    0

    Learn Change and Adapt ?????

    All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.