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

blisk

Latest news is a big estate agent is in trouble.

ad9898_3

I think blisk is HIHM's deranged sibling, I wouldn't want to be their mummy when they are fighting over the biscuit tin, must be hell in their house.

blisk

ad9898 wrote: »

I think blisk is HIHM's deranged sibling, I wouldn't want to be their mummy when they are fighting over the biscuit tin, must be hell in their house.

Wait & see.

blisk

Latest news here, Foxtons on the edge.

http://www.guardian.co.uk/business/2008/oct/05/housing.market.foxtons

It's bad out there, keep money under your bed in case of trouble.

izzybusy23

Dan: wrote: »

Because its amusing to listen all those desperate to buy a house.

Ahh my mate Dan.

TBH I have now resigned myself to the fact that what will be will be. The correction is underway and I can't make it go any faster, so I have renewed my tenancy for another 12 months to take stock of the situation this time next year. Funnily enough, this whole house price malarky doesn't stress me out half as much anymore.. must be all the negative press about and knowing in a few years time we will be sitting pretty with a bigger deposit and no negative equity.

izzybusy23

1sue23 wrote: »

I have seen it all before was there in the last recession and yes I lost a lot of money at the time when selling a house but I survived and am still a home owner .
The headlines then were much as they are now all doom and gloom every tv program from Kilroy to News night was about over stretched people and negative equity but it came right again ,but here we are again back at square one because people see a house as an investment we need 2 bathrooms and conservatories and 4 bedrooms ,hot tubs in the garden and fancy cars on the drive not forgetting that everyone needs a double garage for all of our belongings that are purchased by releasing the equity in our houses perhaps we should start to see property as homes again .

Well said and I totally agree. I read about the Wilsons yesterday and I really hope they come unstuck, I mean, who do they think they are buying up all the 2 bed houses in Ashford so they can become property millionaires... that is an absolute disgrace and they should never had been allowed. Its people like that who really need to fall to earth with a very big bump.

And I agree it will also be those as stated above, the keeping up with the Jones', who will come unstuck, who have overstretched themselves by mewing for conservatories, bigger than required homes and the 4x4's.

Dan:_4

EliteHeat wrote: »

You find it amusing to listen to those foolish enough to be born too late to afford a home? charming

How can you be born too late to afford a home? Save some money, get on a decent salary....job done!

Dan:_4

izzybusy23 wrote: »

Ahh my mate Dan.

TBH I have now resigned myself to the fact that what will be will be. The correction is underway and I can't make it go any faster, so I have renewed my tenancy for another 12 months to take stock of the situation this time next year. Funnily enough, this whole house price malarky doesn't stress me out half as much anymore.. must be all the negative press about and knowing in a few years time we will be sitting pretty with a bigger deposit and no negative equity.

izzy, im very glad for you and really hope it all works out.

Ian_Griffiths_Halifax

blisk wrote: »

Get out while you can.

Would you mind putting up a graph showing the 2, 3, no 5 years prior to this. I would just love to see how much my place has dropped in value by.

Thanks.

blisk

Ian_Griffiths_Halifax wrote: »

Would you mind putting up a graph showing the 2, 3, no 5 years prior to this. I would just love to see how much my place has dropped in value by.

Thanks.

Looks very bad.

People need to get out before they lose their shirts.