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Debate House Prices


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House Prices Up 25% to £274,700 by 2013...

http://news.bbc.co.uk/1/hi/business/7528248.stm

Lots of various reports all contradicting themselves, some say drops drops drops, and then this article here on the bbc website says prices will rise:confused:

No-one really knows do they:rotfl:
«13456

Comments

  • hedger
    hedger Posts: 313 Forumite
    Cant see this happening
  • mitchaa
    mitchaa Posts: 4,487 Forumite
    I cant see them falling to £100k or below either ;)
  • ultra10
    ultra10 Posts: 379 Forumite
    A report by the same "Experts" who's actions are bringing the world economy to its knees .... dont believe the Hype anymore
  • m00m00
    m00m00 Posts: 1,755 Forumite
    It's a health benefit ...
  • brit1234
    brit1234 Posts: 5,385 Forumite
    Prices are going to continue to come down fast. Housing was already a massive bubble at very peak of affordability through 6-8 times salary. To say it is going up another 25% is just tosh. The banks are restricting lending not lax lending anymore and this process is likely to go on for years. Without the banks being well funded there is no way prices will stabalise let alone rise.
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • carolt
    carolt Posts: 8,531 Forumite
    mitchaa wrote: »
    http://news.bbc.co.uk/1/hi/business/7528248.stm

    Lots of various reports all contradicting themselves, some say drops drops drops, and then this article here on the bbc website says prices will rise:confused:

    No-one really knows do they:rotfl:

    No, no-one knows, but equally most people can give a pretty good guess that this is pants.

    I certainly wouldn't risk buying now.

    Happy to put my money where my mouth is and WAIT FOR BIG FALLS. :)
  • TDS_2
    TDS_2 Posts: 261 Forumite
    Shame on you, BBC, for publishing this sh1te. Everyday you get a bit more like the Daily Mail/Express.
    Hello.
  • TDS_2
    TDS_2 Posts: 261 Forumite
    'The NHF said that house prices in England would fall by 4.4% in 2008'.

    Ummmm.....haven't they already fallen more than this in the first 6 months? Oh, I see, they're gonna recover towards the end of the year, and then fall back down '2.1% lower in 2009'.

    Makes perfect sense, really.
    Hello.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    I'm dubious. We'll see but it would mean house prices continuing to rise faster than wages unless wages see a big pickup in growth.
  • tomstickland
    tomstickland Posts: 19,538 Forumite
    10,000 Posts Combo Breaker
    You could look at figures where someone really does know.
    Such as: http://news.bbc.co.uk/1/hi/business/7520834.stm

    Predictions of the future are just informed guess work.
    Happy chappy
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