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Debate House Prices
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Average House will loose 26k in 2008 !!!
Comments
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Gangstabird wrote: »
I just can't see houses going back to the peaks they were at, not again. The people who str 6 months ago were very shrewd in my opinion.
What selling your home from under your family just so you don't loose the money the property increased by.
You use shrewed i would say materialistic.0 -
justpurchased wrote: »don't anwer back as you know my dad is bigger than your dad.:cheesy:
Yeah, but my brother's MASSIVE, so yah boo sucks!...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
neverdespairgirl wrote: »Yeah, but my brother's MASSIVE, so yah boo sucks!
yeh but no but, ok thats enough.:D0 -
I didnt know my post was going to prove quite so popular !!
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Actually, my brother genuinely is large, 6 ft 3 and built like the proverbial. But I don't think he's much of a fighter!...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0
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Where do you get the interest hikes from? interest rates will be reducing sharply soon ( possibly down by up to 2%) I can also see some of the Middle Eastern oil profits being used to buy UK banks at knockdown prices and thus creating more liquidity in the market. House prices were probably overpriced (the market is correcting, that is what markets do) but some of the hysterical claptrap that is bandied around is quite amusing ( 66% crash, really?)
Harly hysterical dear, just an observation;)
So you think interest rates will drop. Interesting because I feel the opposite, the banks will get greedy and want their money back for their shareholders. They are not in this for charity remember.
I really really with all my heart, hope that I am absolutely wrong and that you are right of course. I would hate to see people in negative equity. Went through the last crash and it was terribly grim.0 -
justpurchased wrote: »What selling your home from under your family just so you don't loose the money the property increased by.
You use shrewed i would say materialistic.
I bet some people will end up a lot better off by having done this. I wouldn't have because I love my home and don't need to move but I applaud the audacity of those who did.
Selling your home from under your family or striving to have a smaller mortgage thus giving them more financial stability for everyones future in that family. Not sure where the criticism lies really.0 -
Gangstabird wrote: »So you think interest rates will drop. Interesting because I feel the opposite, the banks will get greedy and want their money back for their shareholders. They are not in this for charity remember.
You're giving him too much credit, he said they "will be reducing sharply soon", "possibly down by up to 2%".
"Possibly down by up to 2%" covers a 1% rise, i.e. a -1% drop Interesting semantics in Stevie's sentence 
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You're giving him too much credit, he said they "will be reducing sharply soon", "possibly down by up to 2%".
"Possibly down by up to 2%" covers a 1% rise, i.e. a -1% drop Interesting semantics in Stevie's sentence
Run that past me again.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
You're giving him too much credit, he said they "will be reducing sharply soon", "possibly down by up to 2%".
"Possibly down by up to 2%" covers a 1% rise, i.e. a -1% drop Interesting semantics in Stevie's sentence
BOE RATE WILL NOT GO UP THIS YEAR and will be coming down early next at the latest.
If anyone thinks they are going up with the market data coming back at the moment, they have a poor grasp on economics.0
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