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Debate House Prices


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When do you think house prices will hit the bottom of the market?

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Comments

  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    June 2009
    pickledpink wrote: »
    Total rubbish!!!

    You haven't got a clue!

    When the banks start lending again (which has to happen - and will happen - probably within the next 12 months) and property will have plateaud by then, there will be a mad dash to buy and sell.

    Remember, people are holding out until then - and then everything will be manic while people fight for the best properties and bargains. Prices will start to zoom very quickly again..........you'll see.

    i think you could have been right Pickled Pink... :T
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    June 2009
    DaveyDave wrote: »
    I've just looked at the poll results and laughed. I'm pretty damn sure we are in for at least a couple of years of falls and then probably another 2 of stagnation. Have a look at the HPC graph and look what happened in the early nineties, and we didn't have a credit crunch then either - it's going to be bad.
    homepage.png

    There was at least a 5 year fall. Another interesting feature of this graph is the repeated 18 year cycle. This looks like a fundmental economic cycle that's unlikley to be affected by anything that Mr Brown can put in place. I suspect this is destined to repeat itself. Therefore we should look forward to another property boom in 2018 with another bust shortly after!!.

    I wonder if he is still laughing :confused:
    '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
    June 2009
    StevieJ wrote: »
    I wonder if he is still laughing :confused:

    haha - there are some very funny predictions on this thread.

    a few of them were expecting 36-48 months of monthly price falls!? :confused:
  • StiflersMom
    StiflersMom Posts: 112 Forumite
    I think this is halarious !! What a load of tosh some of these bears speak.

    I'm glad they have been proven so wrong !!
  • sjaypink
    sjaypink Posts: 6,740 Forumite
    StiflersMom wrote: »
    I think this is halarious !! What a load of tosh some of these bears speak.

    I'm glad they have been proven so wrong !!
    I dont think anyone has been proven wrong yet- the timescale goes up to 2013 :confused:

    The poll is interesting viewing... of course will be even more so in 4/5 years time- I think I'll hold my vote until then BTW :D
    We cannot change anything unless we accept it. Condemnation does not liberate, it oppresses. Carl Jung

  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    December 2009
    Wheres the option for Feb 09:T
    Official MR B fan club,dont go............................
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    June 2009
    I only just voted now (June 09) I would however have picked June 2010 if I had voted when the poll was introduced.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    June 2009
    ess0two wrote: »
    Wheres the option for Feb 09:T

    I think that would have only appeared if Hamish had set up the poll
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    December 2009
    Seems Conrad and StevieJ were on the money.
    Official MR B fan club,dont go............................
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    StiflersMom wrote: »
    I think this is halarious !! What a load of tosh some of these bears speak.

    I'm glad they have been proven so wrong !!


    Be interested to read your views then. ;)
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