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Debate House Prices
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House prices 'see first double-digit fall'
Comments
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yes i wonder where harry powel is 2day. he must still be grounded by his mum , the naughty boy that he isIs it a slow day today, or do some people just have far too much time on their hands generally?
Enjoy - unlike Harry I have never that I recall deleted a back post, so feel free to repost all 7000 odd - should keep you out of mischief for a few months...
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Is it a slow day today, or do some people just have far too much time on their hands generally?
Enjoy - unlike Harry I have never that I recall deleted a back post, so feel free to repost all 7000 odd - should keep you out of mischief for a few months...
lol @carol, nothing changes, House prices moving on upwards.0 -
7th August 2008... what happened in February 2009...
Well, base rates went from 5% to 1%.
The BOE started printing £75bn of new money.
A halt was put on reposessions.
Banks were taken over by the nation.
None of us knew QE would start. None of us knew rates would fall to 1% in Feb from 5% in Aug. None of us knew reposessions would be halted.
Hence why absolutely none of us predicted it. If house prices had just sorted themselves out, fair play, you could sit there smugly. But I think we all know, without all that above, prices would have continued to slide for many many months. Or is it just coincidence house prices stopped falling when all the above came into play?
Wasn't stamp duty also halted up to 175k in this period too?0 -
a spirited defence but it just doesn't wash... people like you don't listen to others...Graham_Devon wrote: »Well, base rates went from 5% to 1%.
The BOE started printing £75bn of new money.
A halt was put on reposessions.
Banks were taken over by the nation.
None of us knew QE would start. None of us knew rates would fall to 1% in Feb from 5% in Aug. None of us knew reposessions would be halted.
Hence why absolutely none of us predicted it. If house prices had just sorted themselves out, fair play, you could sit there smugly. But I think we all know, without all that above, prices would have continued to slide for many many months. Or is it just coincidence house prices stopped falling when all the above came into play?
Wasn't stamp duty also halted up to 175k in this period too?
keep it up you're entertaining...0 -
Graham_Devon wrote: »Hence why absolutely none of us predicted it.
I did :beer:0 -
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no i said you don't listen - i'll even be more specific, you don't read and understand what people explain to you...Graham_Devon wrote: »Doesn't wash? So your saying house prices rose all by themselves and all that had no effect?
Okey doke.
as i said, you're the entertainment around here... 0 -
Jesus Graham - do you actually read these forums before posting? You never make sence mate!0
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no i said you don't listen - i'll even be more specific, you don't read and understand what people explain to you...
as i said, you're the entertainment around here...
Im trying to listen, but your so intent on running round in cirlces you forgot to actually say what I am supposed to be listening to.0
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