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

Dan:_4

Topov wrote: »

i noticed under dormant dads name he has ppr wich means hes banned. he kept disrupting dervishes immigration thread and so they banned him.

I cant wait for dervish to log on were gonna have a party!!!!:D

I don't think he derserved to be PPR'ed.

chucky

Dan: wrote: »

All you FTBers need not to panic, as we will scrap around at the bottom for months and months and for at least as long as the recession lasts. Plenty of time to view houses and negotiate a good percentage off the asking price

unless you comare it to the early 80s recession where house prices recovered in 23 months back to peak, at the moment we're 19 months from peak... there's a few worried people out there at the moment... it's convenient to refer back to the 90s recession if it suits your point of view or affordability level but none of us know how it's going to turn out...

it doesn't matter if they go up or down to me, i already my own home and will see more that one HPC in my time

the_ash_and_the_oak

Dan: wrote: »

People think that a small drop or a small increase is a sign of recovery, which is not the case.

All you FTBers need not to panic, as we will scrap around at the bottom for months and months and for at least as long as the recession lasts. Plenty of time to view houses and negotiate a good percentage off the asking price.

Any first time buyer predicted 50, 60, 70% falls are should now be realising how deluded they were.

Prob got around 5 years imo

JayScottGreenspan

I used some very sophisticated up-to-the-minute software for that prediction - MS paint!

Prices will keep falling, though the pace of falls will ease, and we'll see some more +ve months thrown in there as the random error occasionally overpowers the downward trend.

Dan:_4

chucky wrote: »

unless you comare it to the early 80s recession where house prices recovered in 23 months back to peak, at the moment we're 19 months from peak... there's a few worried people out there at the moment... it's convenient to refer back to the 90s recession if it suits your point of view or affordability level but none of us know how it's going to turn out...

it doesn't matter if they go up or down to me, i already my own home and will see more that one HPC in my time

Yeah, everyone remembers the 90s but seem to forget what happened in the 80s recession. I suppose if I were a FTB right now, I would be thinking about buying with 20% falls already and low interest rates.

From a personal view, further falls would benefit me as I will be looking to trade up in a few years and it would be nice to take on a smaller mortgage.

harryhound

Dan: wrote: »

I don't think he derserved to be PPR'ed.

What does PPR mean?
I though all DD had done was expose Dervish's hormone treatment.

macaque_2

neverdespairgirl wrote: »

I suppose it might make sense to sell if this was a case of advancing your plans rather than bringing them into being - if you intended to downsize in, say, 12 months' time, it might be an idea to do so earlier, perhaps.

This thread dates back to neverdespairgirl's time. Where is she? It would be nice to see her back again.

Dan:_4

harryhound wrote: »

What does PPR mean?
I though all DD had done was expose Dervish's hormone treatment.

Posting Privileges Removed

Im not sure what he done really as there are many other posters who enjoy hurling abuse and swearing who seem to get away with it.

I don't know if this will be pernermanet or like a month ban or something?

chucky

macaque wrote: »

This thread dates back to neverdespairgirl's time. Where is she? It would be nice to see her back again.

there you are macaque!!! we were all worried about you?

how's the 70% off -peak club doing?

JayScottGreenspan

Dan: wrote: »

From a personal view, further falls would benefit me as I will be looking to trade up in a few years and it would be nice to take on a smaller mortgage.

Might be better to just sit tight and jump straight to that bigger property after some more falls.

Depends on the area, I suppose. Where rental yields are lower than mortgage rates it's a no brainer:
Lower monthly costs.
Less lost in stamp duty, costs and fess.
No buildings insurance.
Free repairs.
House price falls.