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Debate House Prices
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The 70% club
Comments
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Just added another thanks ... just for a laugh ..... :rotfl: :rotfl:
You've got to hand it to him it was a good gag.
Fibber, you did it by accident :cool:'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 Thatcher0 -
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There is those famous words again. Cast your mind back to early 2007. ''House prices falling, thats like saying the banks will go bust. it'll never happen!''
Where the hell did that saying come from I have never heard it before.
"Safe as houses" yes but never "it like saying the banks will go bust"
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Cast your minds back to yesterday morning, "England will never be able to beat the Ukraine, that's like saying the banks will go bust. It'll never happen!"
Well, I think we all know now that England did indeed beat Ukraine, so if that can happen maybe 70% drops in house prices can happen too?Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
[strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!!
● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.730 -
So the win in Croatia, was like the Bank of England going bust :eek:'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 Thatcher0
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So the win in Croatia, was like the Bank of England going bust :eek:
Exactly. I think you owe these guys an apology. It's clear as day that we will see 70% or more drops. You just need to apply the "England Win" paradym and all of the other variables fall into place.Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
[strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!!
● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.730 -
Dithering_Dad wrote: »I wish we could get 70% drops, I'd get this dream house:
http://www.rightmove.co.uk/property-for-sale/property-17663777.html?locationIdentifier=REGION%5E78977&minPrice=700000&maxPrice=1000000&pageNumber=1&backToListURL=%2Fproperty-for-sale%2Ffind.html%3FlocationIdentifier%3DREGION%255E78977%26minPrice%3D700000%26maxPrice%3D1000000
That's up for sale near my village, for £259,500 instead of its peak price of £865,000. Brilliant!!!!
This time next year, we'll all be living in millionaire's houses, Rodney
Trouble is I really like that one too Rodney, and I would up your £259,500 by a couple of grand.0 -
baileysbattlebus wrote: »Trouble is I really like that one too Rodney, and I would up your £259,500 by a couple of grand.
That is how the market works :cool:'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 Thatcher0 -
baileysbattlebus wrote: »Trouble is I really like that one too Rodney, and I would up your £259,500 by a couple of grand.
You wouldn't be able to. The magical 3xsalary calculation would prevent anything resembling a housing boom. :cool:Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
[strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!!
● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.730 -
Dithering_Dad wrote: »You wouldn't be able to. The magical 3xsalary calculation would prevent anything resembling a housing boom. :cool:
But the largest earner is earning over £70k, and we would have about £90k deposit from our own 70% reduced house.
But I do agree with you regarding a housing boom0
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