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

blisk3

Market in freefall :eek:

Fresh fall in UK property sales

Don't be a mug & hold on to overvalued property.

Sell sell sell ! ........ before it's too late

Pete111

blisk3 wrote: »

Market in freefall :eek:

Fresh fall in UK property sales

Don't be a mug & hold on to overvalued property.

Sell sell sell ! ........ before it's too late

Shant.

So there.

Desperate_Housewife_2-2

doesnt anyone buy a house to make into a home and to live in any more?

blisk3

Pete111 wrote: »

Shant.

So there.

Maybe because you can't, even if you wanted to. :rotfl:

If you're a speculator & bought property as investment, don't say I didn't tell you.
You may get your fingers burnt.

blisk3

Desperate_Housewife wrote: »

doesnt anyone buy a house to make into a home and to live in any more?

Where have you been over last 10 years of property speculation, constant tv & newspaper coverage & property !!!!!! wannabees on Tv ?

A lot thought of money first, home second.

System

Why would people listen to you know when you got it so spectacularly wrong 2 years ago? Your excellent advice would have cost someone tens of thousands of pounds so far.

sabretoothtigger

Meanwhile over at crash HQ

blisk3

Joeskeppi wrote: »

Why would people listen to you know when you got it so spectacularly wrong 2 years ago? Your excellent advice would have cost someone tens of thousands of pounds so far.

Prices crashed then & are crashing again.

People now can't sell houses at inflated prices !

The economy is still shaking down with major cuts still to bite in coming years.

Pete111

blisk3 wrote: »

Maybe because you can't, even if you wanted to. :rotfl:

If you're a speculator & bought property as investment, don't say I didn't tell you.
You may get your fingers burnt.

Lord no. Just someone who moved to a house from a flat they didn't need to sell in order to get on the next rung .

(Thanks for your concern though!)

blisk3

Shnapps the tiger bites back




UK 'needs stable house prices' says Tory housing minister

People should no longer see property as an investment for retirement, Housing Minister Grant Shapps has said.

In an interview with the Observer, the Conservative minister said he wanted government policies to usher in a new age of "house price stability".

He suggests the government could help limit further house prices by encouraging the building of more homes.

Mr Shapps said it was "horrendous" that house price growth had outstripped earnings since the 1990s.

"But we also believe that (property) should be primarily thought of as a place to be your home."

The MP for Welwyn Hatfield told the paper he wanted people to look to investments that are supposed to offer security in old age, rather than rely on housing.

He described the rise in prices between 1997 and 2007 as a "crazy period", which had left many younger people struggling to buy a home.

"I think it is horrendous that a first-time buyer would need to be 36 on average if they do not have the support of mum and dad," he told the paper.

"The main thing everyone requires for their subsistence is a roof over their head and when that basic human need becomes too expensive for average citizens to afford, something is out of kilter.

"I think the answer is house-price stability."

He spoke of a "rational" market in which house prices fell in real terms, by increasing by less than earnings.

BE WARNED !