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Debate House Prices


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

17778808283109

Comments

  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    doire wrote: »
    If i was banned from a forum i wouldn't keep going back to it.

    Its a bit like being banned from a pub but you keep going back to stand outside and watch people drinking.

    Yes, drinking! Drinking the drink of bitterness and resentment. A dismal draught denied even to jealous McTavish.

    :money:
  • MrEnglish
    MrEnglish Posts: 322 Forumite
    Now commercial property can be bought very cheap and easy to convert into residential with no permission needed.

    Say hello to millions of new properties flooding the residential market :)

    Say goodbye to high house prices and rents all over the country :j
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    MrEnglish wrote: »
    Now commercial property can be bought very cheap and easy to convert into residential with no permission needed.

    Say hello to millions of new properties flooding the residential market :)

    Say goodbye to high house prices and rents all over the country :j

    Do you think the price will stay as low after the change.
  • John_Pierpoint
    John_Pierpoint Posts: 8,401 Forumite
    Part of the Furniture 1,000 Posts
    And here is one from the 1970's/1980's recession, the last time the country needed to convert redundant commercial property.

    The BATA Shoe company had its boardroom in there somewhere.

    http://www.rightmove.co.uk/property-for-sale/property-28871524.html
  • blisk3
    blisk3 Posts: 204 Forumite
    Market gradually being strangled.

    House prices 'down in most areas'
  • blisk3
    blisk3 Posts: 204 Forumite
    Mortgage lending still at very low levels, lenders say
    Mortgage lending is still running at very low levels, according to the Council of Mortgage Lenders (CML).

    There were just 32,300 mortgages arranged with house buyers in February - 8% more than in January but still 12% down on the same month a year ago.

    Recent surveys have shown that house prices have changed very little in the past six months.
  • Pete111
    Pete111 Posts: 5,333 Forumite
    Mortgage-free Glee!
    blisk3 wrote: »


    Quote:
    Mortgage lending is still running at very low levels, according to the Council of Mortgage Lenders (CML).

    There were just 32,300 mortgages arranged with house buyers in February - 8% more than in January but still 12% down on the same month a year ago.

    Recent surveys have shown that house prices have changed very little in the past six months.





    Crash? Crash? Crash?
    Go round the green binbags. Turn right at the mouldy George Elliot, forward, forward, and turn left....at the dead badger
  • blisk3
    blisk3 Posts: 204 Forumite
    House prices 'still on the slide'
    House prices in England and Wales are still falling, according to the latest survey from the Land Registry.

    It says the average property price fell by 1.1% in March to £160,996, leaving prices 2.3% lower than a year ago.

    The data paints a different picture from that of the Nationwide, which earlier said prices had been "fairly static" over the past six months.

    They shows that prices have been falling consistently since last August, with only one month since then - January - recording a price increase.

    "The data for March shows a monthly house price change of minus 1.1%, which is the largest monthly fall seen since February 2009," the Land Registry said.
  • John_Pierpoint
    John_Pierpoint Posts: 8,401 Forumite
    Part of the Furniture 1,000 Posts
    So that January increase represented a hand shake in October?
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