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Debate House Prices


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

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Comments

  • dopester
    dopester Posts: 4,890 Forumite
    john539 wrote: »
    We haven't been in this situation to know what will happen, people just assume prices will recover eventually.

    Prices are recovering.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    mitchaa wrote: »
    Really:confused:

    Is every house in the UK therefore at 2004 levels an should be priced accordingly to what the Halifax tell us?

    my local area is somewhere around 7% last time i checked on the LR numbers - property has increased much more than this since 2004.
  • onetomany
    onetomany Posts: 2,170 Forumite
    r its so sad i now 3 houses on my road that have been reprosed thoese poor people
  • mitchaa
    mitchaa Posts: 4,487 Forumite
    dopester wrote: »
    If you want to stand a good chance of finding a buyer... YES !!!!!!!!!

    2002/03 levels to whip up some interest for a fast sale, instead of chasing the market down, else another 12 months and your looking at 2000/01/02 levels.

    Now now Dopester, you should know better.

    What a lot of rubbish and you know fine well it is, what was the average price of a home back in 2000/01? You'll have to remind me.

    You really need to take a back foot from all this, i fear it is taking over your life and you are getting a bit OCD about it.

    If i put my home on the market for 2004 figures, i think the estate agent himself would buy it before putting it in his window.

    You would have to be a complete loony to base your sale price solely around that of what the Halifax state:rotfl:
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    onetomany wrote: »
    r its so sad i now 3 houses on my road that have been reprosed thoese poor people
    Very sad when a house is reprosed, like all the poetry has gone out of living in it.
  • mewbie wrote: »
    Very sad when a house is reprosed, like all the poetry has gone out of living in it.
    :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl:
    Fokking Fokk!
  • dopester
    dopester Posts: 4,890 Forumite
    mewbie wrote: »
    Very sad when a house is reprosed, like all the poetry has gone out of living in it.

    New poetry can be written by families who move in, at a price which better reflects sensible levels of affordability.

    Especially in the repossession was a former BTL.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    dopester wrote: »
    New poetry can be written by families who move in, at a price which better reflects sensible levels of affordability.

    Especially in the repossession was a former BTL.

    unfortunately it is many more people with first mortgages that are defaulting on their payments not the BTL brigade.
  • Oblivion
    Oblivion Posts: 20,248 Forumite
    Part of the Furniture 10,000 Posts Photogenic
    mewbie wrote: »
    Very sad when a house is reprosed, like all the poetry has gone out of living in it.

    Some might regard it as poetic justice ;)

    Dave.
    ... Dave
    Happily retired and enjoying my 14th year of leisure
    I am cleverly disguised as a responsible adult.
    Bring me sunshine in your smile
  • john539
    john539 Posts: 16,968 Forumite
    Part of the Furniture 10,000 Posts
    dopester wrote: »
    Prices are recovering.
    Where's that then ?
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