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Debate House Prices
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Crash Crash Crash !!!!!!!!!!!!!!!!!!!!!!!!!!!
Comments
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I prefer to see the reality - it is money that is going down in value, relative to the cost of natural resources divided by world population.0
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Well one thing I did notice in that video whilst Cameron was blabbering away is that he intends to stick with low interest rates.0 -
well i have no morgage its payed off cant live anywere cheaper so why get out now0
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homelessskilledworker wrote: »It's only a matter of time now before house prices will reflect the economy we are living with.
Yes and the economy is only going one way, its not up.
Yet those ramping property on here somehow still think house prices will weather the storm somehow. It is going to be a very big storm when the problems they keep putting into the future can not be kicked down the road anymore.Imagine if China started paying housing benefit the same as the UK. Half a billion people would move from the slums in tin can huts to all these new apartments they are building every year. Property prices would double from where they are now.0 -
slowly but surely something's going to give
Is the housing market grinding to a halt?
Home sellers drop asking prices
Homes more affordable, says study0 -
slowly but surely something's going to give
Is the housing market grinding to a halt?
Home sellers drop asking prices
Homes more affordable, says study
I agree something has to give, I also agree that it will be slowly and surely. Slowly means it may take years before we reach the bottom of this bear market in UK property. I still agree with those who say the bottom will not be reached until interest rates are back to normal and all the repossessions of home owners who can not afford to own at normal interest rates have been cleared out.Imagine if China started paying housing benefit the same as the UK. Half a billion people would move from the slums in tin can huts to all these new apartments they are building every year. Property prices would double from where they are now.0
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