Crash Crash Crash !!!!!!!!!!!!!!!!!!!!!!!!!!!

blisk3

BobQ wrote: »

How can 12 people think this is worth debating. You may as well post the price of copper from a few years ago.

it's cooking nicely

you think the markets & our illustrious leaders know what's going to happen ! :rotfl:

RUN_RABBIT_RUN

blisk3 wrote: »

yes, run rabbit run before you get shot

now now blisk3 that's not very nice is it? are you still sore about blisk and blisk2 getting ppr'd?

not the wisest choice of username to reincarnate yourself. i'd suggest it's you who need to make yourself scarce before the mod team notices.

they take death threats on a forum fairly seriously, as do the police i believe.

just a warning.

sabretoothtigger

Mr._Pricklepants wrote: »

Mods, please close this thread.
The 'crash' was over and done with around spring '09.

Values on many things have fallen including houses I think, no great crash and relative to wages not much is more affordable now

harryhound wrote: »

Surely a "volcanic winter" would cause massive inflation as 7 billion people tried to bid for much reduced food supplies.

Thats a good point and also government would probably print money just on reflex
Apart from food prices, the effects would likely disrupt business and activity in general leading to less wealth not more.
Could look at Japan as an example though earthquakes there are normal, they are poorer afterwards even if some think rebuilding was going to help their economy grow its disruptive.

USA produces alot of fuel, so as well as food it would create a shortage in that respect also. That means less transport possible, generally that will depress an economy though the fuel price rises its not inflationary ?

nollag2006

I predict a full 50% crash by Christmas.

blisk3

RUN_RABBIT_RUN wrote: »

now now blisk3 that's not very nice is it? are you still sore about blisk and blisk2 getting ppr'd?

not the wisest choice of username to reincarnate yourself. i'd suggest it's you who need to make yourself scarce before the mod team notices.

they take death threats on a forum fairly seriously, as do the police i believe.

just a warning.

i thought you were a rabbit

what are we going to put in the pot ?

run rabbit, run run run

nollag2006

blisk3 wrote: »

i thought you were a rabbit

what are we going to put in the pot ?

run rabbit, run run run

50% fall by Christmas

John_Pierpoint

Mr._Pricklepants wrote: »

Mods, please close this thread.
The 'crash' was over and done with around spring '09.

You wish?

The government can print money but as Adam Smith pointed out it is productivity that defines wealth and not only is employment down so is productivity per remaining worker.

Here are some non sock puppets who disagree with you:

https://forums.moneysavingexpert.com/discussion/4200573

Ronaldo_Mconaldo

Nostalgia, eh? A few years from now we'll look back and laugh at how we were all duped into thinking that houe values would crash so badly that you'd be able to buy a 6 bedroom mansion for the price of a packet of buttons. Hard luck on the people who stood on the sidelines and didn't jump in.

John_Pierpoint

Rather depends where you live.
This place was largely built in response to the massive Victorian demand for coal and features a multi level listed monument: A coal loading facility.
About 4 years ago you and I invested our taxes in this deprived community;
in particular the block of three streets to the north of the estuary - ie the side nearest the North Sea but without a gas main.
The streets Wordsell, Gray & Dale were offered a subsidised "eco" make over in an attempt to protect the residents from fuel poverty. Some owners, perhaps buy to let landlords. failed to take up the largesse on offer from the rest of us.
[My interest was "did the "eco" investment improve the value or marketability of the property?" The simple answer was "no"; not surprising as several estate agents did not understand what they were selling].

http://www.rightmove.co.uk/property-for-sale/property-34401001.html

The reality is that these houses used to be marketed around £60k, they then fell to around £50 privately and £40k for the repossessions. Homes Under the Hammer (BBC TV) has recently featured one being sold to a "London" investor for £20k odd.
Yes it was one with a £5k heat pump.

http://www.rightmove.co.uk/property-for-sale/Blyth.html?sortByPriceDescending=false&maxPrice=90000&displayPropertyType=houses&oldDisplayPropertyType=houses&radius=3.0&includeSSTC=true&_includeSSTC=on

sabretoothtigger

20k or 30k is how I always remember the correct price for a small starter house. The worth of money has halved since the 90's though so my memory is off no doubt

nollag2006 wrote: »

50% fall by Christmas

If we go by petrol prices, houses already fell 50% Depends what peoples biggest cost and earnings are linked to