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Debate House Prices


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Grauniad: Prices could be 40% off peak by 2010

123578

Comments

  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    The OP's article was released in October


    http://www.guardian.co.uk/business/2008/oct/14/housingmarket

    I think his point was that the original resuscitation in the was original thread was 3 weeks.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • System
    System Posts: 178,375 Community Admin
    10,000 Posts Photogenic Name Dropper
    Yeah sorry, why the hell was this bumped exactly?
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • JanCee
    JanCee Posts: 1,241 Forumite
    edited 29 May 2009 at 2:13PM
    So someone could say "I told you so"?
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    JanCee wrote: »
    So someone could say "I told you so"?

    yep and Dervish is to blame :rotfl:
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    JanCee wrote: »
    So someone could say "I told you so"?

    Why what has he/she/it told us?
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    A little dangerous, dragging old articles up on the back of today's Nationwide figures, the bulls should know that the bears have far from had their day, so far we have had 2 Nationwide rises in 18 months, last time in the 90's we had 24 rises in 80 odd months before the bottom actually hit.

    I think 'told you so' arguments should be left until we know for sure about what is going to happen, we won't know that until unemployment is falling, GDP is rising, public debt is falling, IR's are back to normal, and last but not least tax rises have fed through to people's wages, that are likely to be quite savage.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    ad9898 wrote: »
    A little dangerous, dragging old articles up on the back of today's Nationwide figures, the bulls should know that the bears have far from had their day, so far we have had 2 Nationwide rises in 18 months, last time in the 90's we had 24 rises in 80 odd months before the bottom actually hit.

    I think 'told you so' arguments should be left until we know for sure about what is going to happen, we won't know that until unemployment is falling, GDP is rising, public debt is falling, IR's are back to normal, and last but not least tax rises have fed through to people's wages that are going to be quite savage.

    no, no, Ad - you need to shift your accusation to one of your colleagues on the 25th of this month - they resurected it...
    dervish wrote: »
    We are pretty much on track for this forecast now.

    Also PIZZAGIRL - you can read the report online!
    http://forums.moneysavingexpert.com/showpost.html?p=21865667&postcount=34
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    ad9898 wrote: »
    A little dangerous, dragging old articles up on the back of today's Nationwide figures, the bulls should know that the bears have far from had their day, so far we have had 2 Nationwide rises in 18 months, last time in the 90's we had 24 rises in 80 odd months before the bottom actually hit.

    I think 'told you so' arguments should be left until we know for sure about what is going to happen, we won't know that until unemployment is falling, GDP is rising, public debt is falling, IR's are back to normal, and last but not least tax rises have fed through to people's wages, that are likely to be quite savage.

    Fortunately it was one of your lot that did the dragging icon7.gif If you will accept old Derv as one of yours :rotfl:

    We are pretty much on track for this forecast now.

    Also PIZZAGIRL - you can read the report online!
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    StevieJ wrote: »
    Fortunately it was one of your lot that did the dragging icon7.gif If you will accept old Derv as one of yours
    Well, you lot had PickledPink. Neither side has a monopoly on nutters.
  • baby_boomer
    baby_boomer Posts: 3,883 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I've no idea what my house is worth because no-one in my area has dared sell any similar property for over two years.

    Exactly the same in my Mum's road.

    When it actually happens, I may get some idea of the drop in both areas, but until cash changes hands it's all speculation either way.
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