A possible crash on the way ?!!!

irnbru_2

shrewdal wrote:

I have noticed a nice 2 bed detached bugalow go on the market at an offers over £130,000 2 weeks ago and it didn't sell despite a nice interior. It is now on the market at a fixed price of £136,000. This has been the first fixed rate I've seen in the village for a while.....The signs are all there. The prices are levelling off and it is only a matter of time before we see a drop.

130K + 15% is approx 149.5K but then FP at 136K

Either depressed market or desire to sell ?

eurows

I see that the sell to rent craze is taking off again.

I know people who did this 2 years ago and got burnt. But I believe that now is the right time to do it if you're willing to take the gamble.

If the correction of the last housing market cycle is repeated then it will gather pace in 2007 and bottom out in 2010.

But with Laurel and Hardy coming up with their steal from the poor and give to the rich schemes I guess anything could happen.

What the hell are you talking about. What correction a few years ago. This correction is only just starting it probably won't end until 2008.

You don't buy to let at the top of a bursting bubble.

Doozergirl

eurows wrote:

What the hell are you talking about. What correction a few years ago. This correction is only just starting it probably won't end until 2008.

You don't buy to let at the top of a bursting bubble.

eurows, if you want to be taken seriously, you need to read properly before posting! The person you are replying to is on firmly on your side of the fence.

amanda40

I am in East Kilbride just outside Glasgow. When we first bought 12 years ago - we only looked at 'fixed price ' properties and there were plenty of them. In the l;ast few months in EK, more and more are on at a fixed price again. I can't complain our house value has tripled in 7 years. - All relative right enough as we are going no - where!

marco_79

Having recently moved house in Scotland I have been watching the market in very much detail. I wouldn't like to comment on the rest of the UK market but in Scotland the market has leveled mostly and perhaps returned to increases we would have seen before things got crazy. As far as a crash goes I would find this highly unlikely ( I do feel sorry for FTB's but this ain't going to happen) if you want to own a house go for it, renting only tops up somebody elses bank account.

Ian_W

Doozer,
Don't waste your time correcting eurows.
S/he is either a very advanced toddler who should get a good slap,
a prepubescent teenager on too much junk food,
or just a complete !!!!!! whose bile at being a non-home owner has overcome any remote sense of balance or commonsense.

Don't believe me? Read extracts from the last several posts:

"Give over. These companies prey on the weak and needy. If your weak or needy go to them!"

"I cannot believe there are still people around like you."

"The topics got boring to house owners because the crash has started. Its not quite so much fun talking about house price falls."

"Absolutely pathetic advice."

"You only get one life and they have just given it away free to the bank"

"I cannot believe the amount of tripe given out in disguise of advice. You lot must be the worst landlords around - and probably the thickest."

"Dopes like you think houses always go up and your small brain cannot cope with the facts."

"What a load of cr*p. Listen to that muppet above you will have the house on forever whilst prices keep going down."

"The no brainer is you my friend. and time will prove me right."

"If you can afford the mortgage why are you in debt then."

"and you talk the biggest load of boll***s ever."

"Its not business people you want. Its clowns."

In case you write off the 1st option, toddler needing a good slap, read this one:

"Congratulations. I have just bought a new freelander. CASH."

Freelander - cash. Worst 4x4 on the road, wouldn't touch it with yours pal!! :rotfl: and you paid with CASH!! :rotfl: There's one born every minute!!! :rolleyes:

And you take this seriously, Doozer, Freelander, Fock me old brown boo-its, yer avin a laff mate!!!!! Go on, buy a house for £10k over the asin :eek: ... you'll get a better return than a ... FREELANDER!! :T

As the saying goes ... be nice to fellow moneysavers!!

eurows

Freelander - cash. Worst 4x4 on the road, wouldn't touch it with yours pal!! and you paid with CASH!! There's one born every minute!!!

And you take this seriously, Doozer, Freelander, Fock me old brown boo-its, yer avin a laff mate!!!!! Go on, buy a house for £10k over the asin ... you'll get a better return than a ... FREELANDER!!

As the saying goes ... be nice to fellow moneysavers!!

Pick the bits out that make you look clever. I bought at Auction (as the part that you deleted says) and saved a fortune.

and as for

As the saying goes ... be nice to fellow moneysavers!!

Your a clown that even the clown school rejected. The clown with the smilies. Says it all.

This is the guy who bought a chav apartment in Lanzarote complaining at me buying a freelander. Lanzerote went out of fashion in the 90's. Its now a place for chavs and poor people.

Doozergirl

eurows, are you suggesting that it is unlike you to hurl insults around?

You obviously have a very strong opinion on the housing market and I think this would be much better put to use offering constructive advice and intellectual argument. You can't be winning many people over with the virtually constant tirade. The insults make you who you are, and the forum more interesting for them, but a little justification for your comments and a little more care when reading posts in the first place would perhaps give your argument a little more credence.

:j :beer: :rolleyes: :cool: :T :A :rotfl: hooray for smilies!!

rozeepozee

Is this the chat forum version of a post pub scrap? Be nice to each other ?boys, pur-lease!!! :beer:

nelly_2

You know when your going on a chav fest holiday when half the passengers on the plane have football shirts on.