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

THE_GHOULISH_CODPIECE

For it to be a fact yes there needs to be evidence. Otherwise it's a thoery.

Face fact prices are stable and after Christmas about to accelerate again. It's an ideal time for FTB to buy.

blisk3

THE_GHOULISH_CODPIECE wrote: »

For it to be a fact yes there needs to be evidence. Otherwise it's a thoery.

Face fact prices are stable and after Christmas about to accelerate again. It's an ideal time for FTB to buy.

The evidence is out there if you go look.

Mortgage tightening & cuts, recession still to hit.

Orpheo

Saving up a deposit is clearly a doddle...

http://www.telegraph.co.uk/finance/personalfinance/savings/8201596/Savers-will-find-it-hard-to-put-money-aside-in-2011.html

Batchy

blisk3 wrote: »

The evidence is out there if you go look.

Mortgage tightening & cuts, recession still to hit.

There is mortgage tightening as they are risk averse.

If you offer good risk factor, they will throw money at you

There is no recession, there is economic growth, we have been out of recession for a while now.

The cuts will be government cuts, to government employees.

They have made hay while the sun was shinning, now its the private sectors turn to make hay while the sun is shinning.

We do not need 50% of employee's to be public sectors who are all on a gold plated final salary pension scheme. The balance is all wrong and its about to be addressed.

The councils and governments have so many inefficiencies this is just reining in all the fat!

Chill!

Batchy

Orpheo wrote: »

Saving up a deposit is clearly a doddle...

http://www.telegraph.co.uk/finance/personalfinance/savings/8201596/Savers-will-find-it-hard-to-put-money-aside-in-2011.html

Anyone who's budget can't flex £50 quid a month, IS NOT in a position to be entering into a 25 year credit agreement, with the potential of rising interest rates in the future, the increase in the bottle of coke at the supermarket is the least of their worries. Or a litre of fuel, or the gas bill.

People adjust habits for most of them to accomodate costs, however, its hard to re-accomodate a variable mortgage, only to fix.

They need to do something about their earning power first, training would be a good start, but then they couldnt afford to £50 per month to pay for that either... its basically called a poverty trap!

MrEnglish

There are not that many people that can afford to buy a house in todays market.

Prices still need to come down for the average person to be able to buy a house.

We are way out of wack from the long term norm, things always revert to the long term norm eventually.

CRASH_BANG_WALLOP

THE_GHOULISH_CODPIECE wrote: »

For it to be a fact yes there needs to be evidence. Otherwise it's a thoery.

Face fact prices are stable and after Christmas about to accelerate again. It's an ideal time for FTB to buy.

wheres the evidence cod head?

stringsmk2

CRASH_BANG_WALLOP wrote: »

wheres the evidence cod head?

Land Registery says so!!

http://www.landreg.gov.uk/houseprices/

Pimperne1

stringsmk2 wrote: »

Land Registery says so!!

http://www.landreg.gov.uk/houseprices/

You would be better looking at this:

http://housepricecrash.co.uk/indices-land-registry-national-monthly.php

than just one month though.

From your link it would look like prices were "tanking" from mine it looks more like a soft landing (although I will admit that a frothy 13% has been knocked off those ridiculous 2007/8 prices).

geneer

Pimperne1 wrote: »

You would be better looking at this:

http://housepricecrash.co.uk/indices-land-registry-national-monthly.php

than just one month though.

From your link it would look like prices were "tanking" from mine it looks more like a soft landing.

Yours seems to say house prices have plummeted £20K.
Perhaps you made a mistake.


We had better not mention that the land reg lags,
and that 3 to 4 months of continued falls are more than likely now a certainty.

BTW P1M1E1N1Ls not popping in every day any more.
Priceless. :rotfl::rotfl::rotfl: