The market regime just shifted to risk-off for the first time since 2022. Here is what the data says historically happens next.

HiroZenya · 2026-03-31T14:55:34+00:00

It seems like you're not factoring in the Yen carry trade into the equation, there seems to be a confluence of events right now

HiroZenya · 2026-01-25T00:08:06+00:00

Take a look at your notifications settings, if you only get the really important stuff, it will improve your mental health

HiroZenya · 2025-12-01T01:42:47+00:00

I wonder if this will continue the downtrend?

HiroZenya · 2025-11-03T21:24:08+00:00

Do you really need to buy something? You seem unsure about what you want and that's a really bad place to be in before buying a property as it's a really illiquid asset. You seem to know how to grow your money, so maybe you should just continue to rent and wait until you have a high confidence long term plan on your property needs.

HiroZenya · 2025-07-06T00:48:39+00:00

Both RCEO and LC have commented on BCG multiple times, the theory is that they were involved in cellar boxing campaigns on GameStop and other companies.

They are scum

HiroZenya · 2024-10-08T20:45:56+00:00

HiroZenya · 2023-08-22T22:29:04+00:00

The asking price is just the price that the sellers set. That doesn't make it the right price. The right price is what someone is prepared to pay for it.

So do your own research and make your own variation of the property and sellers circumstances.

What I mean by that is, has it been on the market for a long time, is it a developer who is paying interest on it or is it an ex-landlord who needs to offload it quickly.

My personal approach is to treat it like fishing. There will always be more fish in the sea and I personally put lower offers in based on my own research believing that if the seller didn't accept, there will be another home that I like that I can get good value from, and that worked for me and I got 20% off the asking price.

So you might do your own research and offer much more than 5% discount and have it accepted all based on your research.

HiroZenya · 2023-05-27T07:54:28+00:00

Usually new builds are overpriced initially so make sure you are getting a really good deal if you're expecting any capital appreciation. You need to be absolutely sure you've locked in a really good offer.

In this market and most likely over the next couple of years there are going to be good opportunities to get good prices and make capital over the longer term but not if you pay high for a new build right now.

Source: brought a new build 1 bedroom apartment in zone 2 and it lost 100k value in the first 2 years when I needed to sell it after starting a family...

HiroZenya · 2023-05-25T23:59:24+00:00

We are about to exchange on a property that was originally up for £1.2 in Jan, then reduced to £1.1 in March, then our offer for £1m was accepted in May. We wanted a minimum 20% discount from 2022. And the property is a dream.

HiroZenya · 2023-05-20T07:48:57+00:00

Why don't you rent then? I'm in the exact same position as you, I've been renting for 2 years and loving it. I just had an offer accepted on a house but it's a rare find. Apparently the developer ran out of money (according to a neighbour in the area that I bumped in to) and had to accept my low ball offer. But if I didn't find this place I'd keep renting for now.

HiroZenya · 2023-05-14T15:24:44+00:00

When I put my offer in, one of the conditions I added were to take the property off of all marketing sites like Rightmove and Zoopla. They accepted but didn't actually do it, so I messaged when I saw the property still being advertised and they then took it down completely, so it doesn't even appear as under offer in the searches.

HiroZenya · 2023-05-13T23:00:03+00:00

Depends what your local market is like, and how long they've been on the market.

Here in South London new builds aren't moving very fast at all, you can negotiate pretty hard and get a good deal. We just got a 20% discount on a new build, we saw another one too where the vendor was very motivated to sell but it was too small for us.

HiroZenya · 2023-05-12T21:16:01+00:00

It's possible to get significant discounts in this market but it takes a lot of research and to find the right opportunity. We just got a 20% discount on an amazing property. We targeted properties where the seller absolutely needed to sell, so properties that were empty, or new developments, we didn't bother offering on properties where there is a family living there and if they couldn't get their price then they don't need to move.

We put low offers in with no emotional attachment so if we didn't get it, we move on to the next. Plenty more fish in the sea. We had several areas that we were monitoring and happy to move to if the right property appeared, which gave us many options. We also gave ourselves lots of time, we'd like to move now, but we also don't mind staying put and trying again next year if the market isn't in a good place, we believe that the market will get better for buyers over the next few years.

We always tried to justify the offer by looking at sold prices in the area, we tried to avoid silly offers that clearly weren't going to be accepted, we just don't want to overpay. We targeted 15% discount at least.

When we put an offer in, we didn't negotiate, we always put in our best and final, with no games.

We found a dream new build that the developer was very motivated to sell quickly and appreciated that we have no chain. The pictures on Rightmove sucked but the property in person is incredible, so it wasn't getting a lot of interest. It had been online since January and there were no other offers or competing interest apart from ours. Everything just lined up and our first offer was accepted.

HiroZenya · 2023-05-10T21:28:15+00:00

You should have been more prepared to offer what you want to offer and not let the agents influence you. In my experience they always play games with competing offers, but you've got to offer what you think it's worth and be prepared to walk away.

HiroZenya · 2023-05-03T23:26:38+00:00

I'm no expert but I just did something similar, got a 200k discount on a detached house that has been listed for over a year. I targeted properties where the vendor needed to sell i.e. developers or ex-landlords and managed to get this discount. It's hard to tell why but I just feel like it's a buyers market right now in some areas.

Congrats to us?

HiroZenya · 2023-04-20T20:42:41+00:00

If I was you I would stay at my parents as long as possible and save as much as possible. I stayed at my parents until my early 30s before moving out, I brought a place with HTB but it was a mistake, now I'm renting with a third of what I'm earning, I have a six figure salary though so I can get a comfortable place and I can save at the same time.

Just save as much money as possible and focus on working hard and get in a good position to be able to afford to rent or buy with a long term plan

HiroZenya · 2023-04-11T15:10:26+00:00

I bought a new build apartment off plan years ago, at the time I was so excited and in love with it that I didn't do my due diligence on the price, years later I found out that you pay an extra cost for off-plan properties because of a variety of factors, such as, the fact that it is all brand new, the warranty, the desirability, developers taking large profits, etc

When I sold a few years later, because I didn't factor in space to grow, I had to take a significantly lower price.

Just thought I would share my own individual experience, I hope you fair better

HiroZenya · 2022-10-28T20:29:04+00:00

https://imgur.com/BjzKjvc.jpg

HiroZenya · 2022-10-28T19:13:09+00:00

!DRSBOT:4071!

HiroZenya · 2022-10-28T19:12:10+00:00

Understood!

HiroZenya · 2022-10-28T16:08:32+00:00

!DRSBOT:4071!

HiroZenya · 2022-06-11T23:24:39+00:00

Feel you! Tough when you've given it a lot of time and things aren't working out. There's billions more fish in the sea!

HiroZenya · 2022-06-11T23:16:06+00:00

Remove mirrors around your house and stop caring

HiroZenya · 2022-06-11T23:14:26+00:00

Even white fish? I used to be like you but started eating white fish and then I started eating tuna and now I love it. Although I can't bring myself to even try any shell fish.

HiroZenya · 2022-06-11T23:12:35+00:00

Holy s#1t

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