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Debate House Prices


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BBC - How low will house prices go in 2009?

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Comments

  • GDB2222
    GDB2222 Posts: 26,499 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    As long as it cant reach our side I dont care, and if it can reach the headquarters of the EU I'm sending Iran an email to beg them to fire it.

    That one missile would save tax payers billions (best send Mandelson back for the morning though)

    That's outrageous, but LOL. BTW, you're responsible for wine all over my keyboard, with that comment about Mandy.
    No reliance should be placed on the above! Absolutely none, do you hear?
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    mewbie wrote: »
    I'm not going to bother with a prediction - its all out there in the news anyway. However I will predict that a large number of the bull types on here will have either stopped logging in, or have changed their aliases by this time next year. After all, no one wants to look a total plonker, even on here - do they boys?

    Doesn't seem to bother you.
    '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
  • mean_momma wrote: »
    Also, in London, wealthy foreigners are taking advantage of the low pound. Two flats in our block have recently been sold for prices that I would not describe as 'distressed'. Once there is renewed activity in the market, I think that prices will start to creep up again, but 'when' is the big question.


    Why do you think these waelth foreign investors are buying?
    Would it be that they expect the price to recover and exceed their buy price at some point?
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • WTF?_2
    WTF?_2 Posts: 4,592 Forumite
    mewbie wrote: »
    I'm not going to bother with a prediction - its all out there in the news anyway. However I will predict that a large number of the bull types on here will have either stopped logging in, or have changed their aliases by this time next year. After all, no one wants to look a total plonker, even on here - do they boys?

    Or of course, go back and delete posts from their past that they'd rather people forgot about.
    --
    Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    luvpump wrote: »
    I guess we all have some kind of an Axe to grind stevie, but seriously... to bottom in April ?? Not a chance !!!

    Not seen luvpump on here for a while icon7.gif
    '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
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    mewbie wrote: »
    I'm not going to bother with a prediction - its all out there in the news anyway. However I will predict that a large number of the bull types on here will have either stopped logging in, or have changed their aliases by this time next year. After all, no one wants to look a total plonker, even on here - do they boys?

    Nearly prophetic, just the wrong way round icon7.gif
    '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
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 19 January 2010 at 2:03PM
    chucky wrote: »
    i would go for the bottom in April but would go for start to plateau then
    this guy is too sharp and too good - only a couple of months out...:T

    he predicted a flattening out of house prices and is still labelled a bull :confused:
  • mitchaa
    mitchaa Posts: 4,487 Forumite
    mitchaa wrote: »
    Where are we now £158k? (Acc to Nationwide)

    So 10% will bring that down to around £142k.

    So yep, i'll be in the 10% brigade for the next year of when it will bottom out.
    ad9898 wrote: »
    So even at current drops (i.e not getting any faster), you think that by March next year (when 10% more will have gone, according to recent falls), the market will bottom out ? with 6 months of recession left at least and 2 years worth of rising unemployment ?

    An interesting philosophy. Incredible if it happened like that.
    mitchaa wrote: »
    Incredible if it didn't happen like that ;)

    And what happened:rotfl:;)
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    this guy is too sharp - only a couple of months out...:T

    he predicted a flattening
    out of house prices and is labelled a bull :confused:

    Way out there Chucky, should have been a bull icon7.gif
    '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
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I think they will go back up 10%

    and the same in 2010

    and every other year after that because I'm a selfish property ramping moron who is helping making life harder for everyone especially my own kids, cos I'm a scumbag

    What was that old saying, ah I remember.

    'Many a true word spoke in jest'
    '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
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