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House Prices Set To Soar Next Year - Daily Mail Today!

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Comments

  • googler
    googler Posts: 16,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    pinkshoes wrote: »
    I take everything the DM prints with a pinch of salt, as they can't even emply journalists with a grasp of spelling and grammar!

    Thank You, this brghtened up my mourning...... :D
  • buglawton
    buglawton Posts: 9,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    carolt wrote: »
    According to the FT, people who put their money where their mouth is, ie bet on the future direction of housing, believe house prices will FALL by 30% by 2011:

     "House prices are expected to fall by almost 30 per cent during the next three years...

    My instinct also is that run-of the mill houses outside the London commuter belt will fall 20%-ish once the true difficulty of borrowing money sinks in. At that point, transactions might start to pick up again.

    The current generation of young adults faces a life of renting and house sharing.

    But here's a nice FT article form this weekend that puts a perspective on it all: UK tenants would benefit from German lessons

    ...and has something to say about the direction of house prices too.
  • cheap_charlie
    cheap_charlie Posts: 767 Forumite
    Part of the Furniture Combo Breaker
    This thread and the news article are two years old.

    Pointless bumping doesn't make it any more true than it was two years ago...
  • buglawton
    buglawton Posts: 9,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Yup I did check the thread age before deciding to post... same old topic is still alive on MSE, this thread or another it's all the same to me.
  • Apple45
    Apple45 Posts: 90 Forumite
    The only rule about predictions is that what they predict never happens!!
  • breadlinebetty
    breadlinebetty Posts: 896 Forumite
    Apple45 wrote: »
    The only rule about predictions is that what they predict never happens!!


    Couldn't agree more! ALL predictions are just that - predictions. So when they predict our homes are going to fall by 99% I don't fall for that either!:rotfl:
  • buglawton
    buglawton Posts: 9,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Quite right, 20% will do me.
This discussion has been closed.
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