A lover of unreason, and an exile ([info]beingjdc) wrote,
@ 2008-10-03 11:52:00
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Another data point.
From here

17/10/2005 £170,000 Flat 4, 243 Southwark Park Road, Southwark, London, Greater London, SE16 3TS

15/02/2006 £210,000 Flat 4, 243 Southwark Park Road, Southwark, London, Greater London, SE16 3TS

From here

02/10/2008 Flat 4, 243 Southwark Park Road, Southwark, London, Greater London, SE16 3TS

First Bid: £110,000
Last Bid: £113,000
Reserve: £140,000

Status: Unsold.

Ho hum. The Bank of England have just announced that they're extending their lending programme to banks and will accept as collateral car loans, a bridge, some beans, and chocolate coins (any denomination).



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[info]darkmarcpi
2008-10-03 12:38 pm UTC (link)
Strangely/annoyingly, the likes of London Lite and The London Paper are still flooded with adverts for new build flats in London at (still ludicrously over-inflated) prices that are no different to this time last year, or the year before. And there are still ads for BTL seminar companies like Inside Track (though not IT themselves) claiming that now is a great time to be a Buy To Let investor what with falling house prices and more people looking to rent at the moment or something.

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