Debate House Prices


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

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Comments

  • Mr._Pricklepants
    Mr._Pricklepants Posts: 1,311 Forumite
    First post on this thread, October 2008
    blisk wrote: »
    Get out while you can.

    Please keep this thread going, blisk :rotfl:
    It's a perfect illustration of the utter failure of the bear argument.
    I just hope nobody acted on your brilliant 'advice'.
  • blisk3
    blisk3 Posts: 204 Forumite
    FTBFun wrote: »
    You've kept this thread going for 3.5 years. Are you sure that's the best use of your time?
    Compared to what ?

    You mean like peoplw posting on all the other thraeds.
  • blisk3
    blisk3 Posts: 204 Forumite
    Mr._Pricklepants wrote: »
    First post on this thread, October 2008



    Please keep this thread going, blisk :rotfl:
    It's a perfect illustration of the utter failure of the bear argument.
    I just hope nobody acted on your brilliant 'advice'.
    Be patient.

    The crunch hasn't even started yet.

    Too many muppets think it happens in real time & want a running commentary.

    Buyers 'should be wary'
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    "When reality rears its ugly head, and the spell breaks, the reverses can be vicious," he said. "It happened with dotcom stocks. It happened with real estate, and I believe it will happen with the dollar and Treasuries."


    5VeWo.jpg

    Housing will still perform better then cash because as said above the currency is the weakness.
    That means unless you're planning to leave the country or really had an idea what else to spend the cash on then now is a fine time to buy same as 2009 just dont expect to get rich. In real terms housing is falling in value I think
  • blisk3
    blisk3 Posts: 204 Forumite
    Don't panic !!!!!!!!!!!!!!!!!!!!!!!!!!!

    House prices 'fell 1% in March'
  • Mr._Pricklepants
    Mr._Pricklepants Posts: 1,311 Forumite
    No panic here.
    I followed your advice from 4 years ago and sold up.
    Well in clover now with ever increasing rents, check-in fees, check-out fees, renewal fees, credit check fees, non functioning boilers and Indesit white goods.
    Brilliant advice. :T
  • RUN_RABBIT_RUN
    RUN_RABBIT_RUN Posts: 426 Forumite
    blisk3 wrote: »
    Be patient.

    The crunch hasn't even started yet.

    i'll come back for the 10th anniversary and i'm sure we'll still be waiting.

    maybe you'll be blisk12 by then
    'Be not deceived; God is not mocked: for whatsoever a man soweth, that shall he also reap.'
    GALATIANS 6: 7 (KJV)
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    blisk wrote: »
    Get out while you can. - October 2008

    Wow.

    That was terrible advice.

    Glad I ignored it. :cool:

    Aberdeen average house price October 2008 = £178,290

    Aberdeen average house price October 2011 = £192,047
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”
    -- President John F. Kennedy”
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    HAMISH_MCTAVISH wrote: »
    Wow.

    That was terrible advice.

    Glad I ignored it. :cool:

    Aberdeen average house price October 2008 = £178,290

    Aberdeen average house price October 2011 = £192,047

    Somehow its not as much fun now that I don't need to ask if you have the corresponding figures for Edinburgh.:(
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Pimperne1 wrote: »
    Somehow its not as much fun now that I don't need to ask if you have the corresponding figures for Edinburgh.:(

    Heh heh....

    Just for fun...... ;)

    Edinburgh Oct 2007 - £211,826

    Edinburgh Oct 2011 - £222,703

    And even Scotland as a whole was 158K in Oct 2007, and 158K in Oct 2011.

    Seems like it was terrible advice in a lot of places. :D
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”
    -- President John F. Kennedy”
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