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Debate House Prices


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When will houses crash 50% ?

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Comments

  • GracieP
    GracieP Posts: 1,263 Forumite
    I am a bit above average, my wife who works maybe half the hours i do gets about 15k. Our combined salary is probably 50kish. Average house 160k no probs for us..

    Not to sound like a complete snob but shouldn't someone with a higher than average income be able to afford a better than average house? Instead we've had a situation for the last few years where people earning well above average incomes have been buying homes that are well below average size/location.
  • zappahey
    zappahey Posts: 2,254 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Pm me Brian if you want me to try and locate a car for you. Mr.B.

    I'm not Brian but would you object to me dropping you a PM to discuss the UK car market? Here in Belgium, used car prices are pretty high and I was giving some thought to buying a UK car, to bring back here, when home at Christmas.
    What goes around - comes around
  • mr.broderick
    mr.broderick Posts: 3,778 Forumite
    1,000 Posts Combo Breaker
    zappahey wrote: »
    I'm not Brian but would you object to me dropping you a PM to discuss the UK car market? Here in Belgium, used car prices are pretty high and I was giving some thought to buying a UK car, to bring back here, when home at Christmas.

    There you go guys a used car lead without even trying...

    Not been around been ultra busy at work, we have had a record october on used. I have sold 23 used cas this month last october i sold 16. New still slow although it has picked up again. Very much against the grain at our place although i do not know how the other local garages are fairing maybe they have picked up too.
  • Moon_Boi
    Moon_Boi Posts: 101 Forumite
    There you go guys a used car lead without even trying...

    Not been around been ultra busy at work, we have had a record october on used. I have sold 23 used cas this month last october i sold 16. New still slow although it has picked up again. Very much against the grain at our place although i do not know how the other local garages are fairing maybe they have picked up too.

    i will soon be doing a new job £24 per hour (self employed) & want to flash the cash, how much could i get a NEW pre reg Lexus 2.2d SE for? must be SE with the nice smelling leather seats.
    thanks
  • treliac
    treliac Posts: 4,524 Forumite
    friar wrote: »
    Yes that makes sense!
    I think that the owners of said properties have also known them to be very over priced,and happy to see falls, if what they want to buy is also cheaper.

    Unless they're in negative equity.
  • I think the answer for the OP was.......

    Never. :)
    “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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