Andyng

go at 9 oclock dude no need to wait more than 5 mins at that time whatever you do wont make any difference if there are 3 cashiers there and 4 windows there of course not all windows will be open

Kick him in the balls Shu.Kurimu.Sensei Wrote: ------------------------------------------------------- > A fair bit of racism goes on in ED, one of the > reasons I always pick up the wife whenever > possible, and why we don't go out locally at night > due to the moth like effect the pubs have on > idiots. Over the years we have experienced racism > from pretty much every racial group you can > imagine in London, and a fair bit in ED and Forest > Hill. > > Today was really pathetic though, a damn shame I > wasn't around as I'm fed up of this kind of > shite. > > So the wife was walking home, and this white (are > we allowed to say a persons colour in a > description on the forum any more? White myself > incidentally, so hope the PC collective don't jump > down my neck here..) bloke walked out of the alley > behind Moo-too, he was around 45-50 and shouted > after her "Oi! Sushi!"... > > I mean, wow, incredible the xxxx managed to guess > where she comes from, but, really, WTF? Just what > is up with that shite? > > This kind of shite makes me so angry. Seeing as > she is an expert chef, maybe we should open up a > Japanese restaurant, if you are reading this mr > white trash, there'll be no fooking sushi for you > though! > > PS Sorry for a messy post, am just pretty angry. > > (xxxx - rude word removed - The Administrator)

move to camberwell dude mattindulwich18 Wrote: ------------------------------------------------------- > I have lived in East Dulwich/Peckham Rye borders > now for over 18 months, I really liked Lordship > Lane and East Dulwich for about a year but over > the past six months its just become boring and > bland. I just wanted to know if others have felt > this, Camberwell seems to be more edgy and arty > these days.

Was thinking or getting takeway as I have dirty dishes do you think the local food shops are still serving food?

Why do you think people coming off 4.3% rates cant move mortgage provider?They have been mortgaging for up to 5 years,surely its easier than a first time buyer? Surely in that 5 years theve seen there investment go up in price meaning smaller ltv JimmyD Wrote: ------------------------------------------------------- > ...when did the banks start lending again? i > thinks there's a long way to go. > > there's over 1 million mortgage deals at around > 4.3% coming up for renewal between now and > december - most of which will end up on standard > variables on over 7% (as they wont be able to move > mortgage provider, and probably wont be eligible > for new deals with their current provider - as > the loan to value is likely to be above the new > stricter levels). reposessions loom! > > we need the bank of england to start cutting rates > fast, and to hell with inflation (its not as if > they can do anything about food and energy prices > anyway)...otherwise were in for a lot more pain > before any hint of pleasure! > > IMHO

What a stupid post I know lets tell boris to concrete all of east dulwich just for your sake How ave you ever been injured by leaves?

What a stupid post I know lets tell boris to concrete all of east dulwich just for your sake hHow ave you ever been injured by leaves?

Don't you have an alarm

James Wrote: ------------------------------------------------------- > A rival East Dulwich website reckons East Dulwich > police station will be demolished so M&S can move > in. > > Who keeps spreading these rumours? Are they hoping > someone at M&S will be brainwashed into actually > doing it? You are mate

spped bumps are to ensure people dont drive at 60mph down a street where kids weill get run over by some idiot why is it a problem?

Tried it for the first time few months ago waited half an hour for a breakfast service was very poor so never been in since

*Bob* Wrote: ------------------------------------------------------- > I thought it was an perfectly accurate portrayal > of valuations. Don't you agree? > > Of course these days the valuation would be based > on what the house next door Isnt that always been the case if a flat is imilar than what other comparables are there unless the flat is a bit quirky? didn't go for rather > than what it did. what do you mean?

nope

Theres a greater chance of losing a lot of money the smaller your deposit in it. Sounds proposterous that a certain person stated that people in ED would choose to sell there properties ie get off the property market spend money on rent and put all there savings in the bank where there paying income tax anyway -that I cannot comprehend

clive3300 Wrote: ------------------------------------------------------- > Why are clearly improving standards of goods and > services - in line with generally rising > prosperity - such a problem? Sure, some of the > shops can be silly and overpriced, but dont go > there. I wouldnt call opening a shop selling overpriced rock hard poncy bread with weird seeds in them an improvent to the the standards of ed. Better if the dodgy pavements were sorted out they look a mess > > I have been repeatedly told that East Dulwich was > pretty awful 10-15 years ago - cab drivers wouldnt > even take you there etc. > > I dont understand why many people on here seem to > want to hold on to crummy, threadbare pubs and > chicken shops selling crap food, semi-derelict, > ?1, 2nd hand or vacant shops etc: as still exist > in most of SE London?

benmorg Wrote: > OK forget the media, but you can get info about > the housing market directly from the people who > monitor it, e.g. Nationwide report out today says > house price inflation is now year-on-year > negative. See attached image for their updated > graph of real prices vs the long-term trend. > > As they say, buyer beware. So your saying the intro of the new transport links (tube) to areas such as dalston will have no affect on prices at all,and they will continue to drop 40%? No need to beware of anything only first time buyers will small deposits,bad credit,facing higher costs of living ,and finding it harder to get mortgage approvals?Are my not right?

dc Wrote: ------------------------------------------------------- > benmorg Wrote: > -------------------------------------------------- > ----- > > It's a very dangerous time to be buying houses > > I'm worried now. Might I get stabbed if I put in > the 'wrong' offer? Mr doom and gloom

It is also apparent some peoples views ,and all the talk of global recession has been as a result of the media.As I said earlier if you have a descent deposit and job you have nothing to worry about -forget the media benmorg Wrote: ------------------------------------------------------- > Andyng Wrote: > > > > The 2012 olympics ,the govt chucking money > to > > > > bank> > All this pessimissm is a chain > > reaction from > > > the > > > > media and estate agents.Eg scenes of queus > > > outside > > > > northern rock. > > > > > > no, it's becausee we've all lived through an > > > astonishing boom in house prices. Nobody > > expected > > > it to last forever or to end painlessly. > House > > > prices in London are now ten times average > > > earnings. That simply isn't sustainable. > > > > > > > So your saying the queues outside northern rock > > did not > > bring any panic at all > > no, that's not what I'm saying. The slowdown in > the market is caused by changes in the global > economy. The northern rock crisis had the same > cause, so is linked to the house price falls, but > it isn't itself the cause of house price falls, > though it may have been a factor. > > For a good assessment of the current state of the > london property market, here's yesterday's Evening > Standard: > > http://www.thisislondon.co.uk/standard/article-234 > 80853-details/Advice+to+first-time+buyers+and+inve > stors%3A+don%27t+do+it/article.do > > "Advice to first-time buyers and investors: don't > do it > Mira Bar-Hillel, Property Correspondent > 28.04.08 > > After the heady market conditions of last year - > with its gazumping and 125 per cent mortgages - > the spring downturn is starting to cause panic. > > The market is facing gridlock because many sellers > are being unrealistic about prices. > > At the same time buyers are reluctant to commit to > a market that they think - quite rightly - has > further to fall. The result? A freeze. Houses are > still going on sale at inflated prices but, in > stark contrast to a year ago, no one is > interested. > > Prices are "slashed", but if they are reduced from > a fictional original asking price the decreasing > number of buyers will buy neither the "reduction" > nor the house. > > The result is a 40 per cent drop in property > sales. So what should people do? As usual, it's > horses for courses. For anyone who has no pressing > need to sell, I would suggest not selling. Now is > not the time to move house on a whim or to "test > the market". > > If you must sell, frequent reality checks are > needed. If buyers are not biting, it can only be > because your property is overpriced and no amount > of wishful thinking or estate agent's jargon will > change that. If you bought with a City bonus but > now need to sell because your job is threatened by > the credit squeeze, think very carefully. > > There is a dearth of buyers out there and you must > not delay the sale hoping someone will pay a > larger price. Just find a buyer of some kind > before prices fall further. > > Anyone else facing redundancy or even repossession > should make every effort to sell before the latter > takes place. The experience of the early Nineties > is that being repossessed is the worst possible > option. > > My advice to buyers - especially first-timers and > investors - is much simpler: don't do it. > > There can be no rational reason for buying > anything, let alone the most expensive purchase of > most people's lifetime, when the expert consensus > is that it will lose at least 12 per cent of its > value over the next two years. > > This is also not the time for homeowners to move. > The coming months - perhaps years - are likely to > be quite stressful enough."

benmorg Wrote: ------------------------------------------------------- > Andyng Wrote: > -------------------------------------------------- > ----- > the trick is to buy before everyone else. But look > at graphs of house prices during the last crash > from 1988-1995. It took 3 or 4 years for prices to > stop falling. This time round the falls are > happening after a boom that lasted much longer, so > it prices could carry on falling for longer too. I > doubt they will fall as steeply as in the last > crash, but the total drop could add up to the same > amount if they keep going down for long enough. > > > > > The 2012 olympics ,the govt chucking money to > > bank> > All this pessimissm is a chain reaction from > the > > media and estate agents.Eg scenes of queus > outside > > northern rock. > > no, it's becausee we've all lived through an > astonishing boom in house prices. Nobody expected > it to last forever or to end painlessly. House > prices in London are now ten times average > earnings. That simply isn't sustainable. > So your saying the queues outside northern rock did not bring any panic at all at the moment, a lot of people in East Dulwich are > selling and moving into rented. If house prices > fall, the seller's money remains safe in a savings > account and earns interest, which covers rent. If buyimg is better than renting if your deposit is large enough you are in big trouble if your mortgaging 100% Why buy a house now if it will be worth 5-10% less in year? why rent if your rent will go up in a year? why buy a house if you have no money

benmorg Wrote: ------------------------------------------------------- > It's a very dangerous time to be buying houses and > people have got every right to be skeptical about > the merits of properties that have been refurbed > by developers (as the Telegraph article implies) > and put up for sale at hundreds of thousands of > pounds more than anything comparable. are you a renter or owner?

yes if you feel so strongly about it have a word with them

I think waiting on the market is risky business a friend of mine was trying to buy a flat 2 years ago he waited and waited now the flat he wanted is 50k more and he is now priced out.Everyones saying they'll wait. If everyone waits and they decide to buy at the same time there will be more demand equaling higher prices. The 2012 olympics ,the govt chucking money to bank More Interest rate cuts "you say rent is money down the drain, but so is the interest paid on a mortgage. If you take out a large mortage, you are effectively renting the money to buy the house. Over the lifetime of the mortgage, you pay for a house twice over. For an average east dulwich house, that means you'll fork out more than a million. All this pessimissm is a chain reaction from the media and estate agents.Eg scenes of queus outside northern rock. If you were a customer of northern rock and sawa queu outisde your bank wouldn't you que uop too. Also estate agents are taking longer to sell and get there commission so they are telling people to drop.They don't care what a vendor sell for there just after there commision. Yes a mortgage is like paying rent on a house over a long period.But you get a house out of it. What do you get from renting ?Landlords will charge pretty much anything and have no probs getting tenants because people have no choice and cannot afford a property,and have to pay for relocation costs every 6 months when tenancy runs out or rent goes up. Not many people buy outright and have ?250 spare cash.If they did they;ll use that s deposit for a ?600k property. Shortage of affordable housing Dont think prices will spiral downwards in a huge way,although they may be stagnant. Also is it better to mortgage then

Yes but if everyone waits by the time you commit them everyone will commit and supply will drive up. Once the govt starts pumping money to banks mortgage should be easier to get get hold of.Also a few drop in interest rates should create a bit more demand.Wait by all means but will expecting a drop ,waiting till 2012 and paying 4 years of money down the drain rent is financial suicide.

ibilly99 Wrote: ------------------------------------------------------- > Gordon?s Brown?s No More Boom and Bust (in a dour > Scots accent) is SPECTACUARLY falling apart. This > chapter of the cheap credit fuelled asset binge of > the last decade is now unravelling; we won't be > going back to 'normal? for along time yet if ever > for our society. House prices have departed a long > way from fundamentals and the well overdue > correction is upon us. George Soros one of the > most successful investors in history says this is > the worst financial crisis since the Great > Depression and sub prime is only the first > wave.Alt A mortgages are the next shoe to drop and > they are about twice as big as sub-prime (type in > ALT A in you tube for video) and that?s not to > mention record commodity prices and the coming > bond crisis so the financial situation is going to > worsen and deepen. > > What are the factors that will be driving house > prices? > > 1. City job losses could be as high as 40,000 - a > lot of bonus money has been coming this way which > will significantly reduce hard cash coming into > the area. > 2. First timers both priced out and unable to > borrow same multiples as before. > 3. Sentiment seriously turned - mantra of prices > can only go up turning sour ? why buy now when > prices will be cheaper by waiting? > 4. A property developer builder friend of mine > getting seriously worried. There are just no > buyers out there and he is highly leveraged - or > where there are the chains are breaking down as > mortgage deals break downs, buyers get cold feet > or gazunder. If you are selling get your prices at > the head of the queue - he who panics first at > least get some of their money back > 5. Disposable income getting hit on fuel, energy > food. > 6. Mass Eastern Europe immigration reversing as > salaries ,optimism and their currencies improve > in their home counties and they pack their bags > and go home to seek their fortune thus reducing > demand for the buy-to-let landlords who serviced > their needs. > > As for counter arguments there is nothing like the > deluded optimism of the seriously invested ? as > they say you don?t ask a barber if you need a > haircut! > > > So what does all this mean for East Dulwich > prices? > > I've lived in East Dulwich for 20 years now and my > house at the peak (which was last May) was around > 600k - which is absolutely ridiculous - houses > should be for living in and not an investment. In > my heart I feel it should only be worth half of > that and resent the inflation and obsession with > empty speculation that has rotted our society for > the last decade. As an economy we are increasingly > dependant on the Financials, Insurance, Real > Estate and service economy. They should be > servicing the real economy not be massive casino > for speculators. I've lived and worked in Asia > and once you've seen how hard and diligently they > work and save, the strengths of their families and > schools it?s no wonder they are winning. Whilst > China and India roars we've been running a pyramid > scheme a ponzi scheme of debt. I do feel sorry for > all those that have bought in the last few years - > you have bought into a highly inflated market - > the biggest bubble in history and where was our > prudent Gordon Brown steadfastly on watch to look > after his people? > > I have friends in the Hedge Fund business and they > love this deluded optimism as they short the > markets and whilst optimism remains they have a > window to build positions which benefit from a > fall. Things are really scary out there. > > Conclusion > > Governments are scared the banks are basically > bust and we could be heading for Great Depression > 2.0 .Prices will drop significantly over the next > few tears as global adjustment means wealth and > power move over to Asia. I predict East Dulwich > prices in 2012 to be at least 40% down from their > peak of 2007. Based on what facts?I very much doubt this drop considering the olympics will be in london.[/bIf you lived in dalston in 2012 with a new tube station are prices going to drop 40%? I saved up bought my first property aged 25 by saving every penny I had. If you have descent deposit and a job you will get a mortgage no problems. Why wait to see what happens to the market .Its people who want 100% - 125% mortgages that are most at risk of getting into negative equity.If you start waiting two years thats 2 years of rent money down the drain.Typical 1 bed flat rent ?900 approx x 24 months equals ?21k . Why is a drop in house price beneficial to a home owner when he can see his equity increase all the time ,meaning larger deposit for next puchase.

Doc, why did you sell your flat for ?25 less,and not hold on to it?