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Debate House Prices
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How low can they go?
ad9898_3
Posts: 3,858 Forumite
An interesting article with a contribution from FP and Fred Harrison. I particularly liked the part where Krustie called the HPC.co.uk website 'sick':D
http://www.telegraph.co.uk/property/propertymarket/3530350/House-prices-How-low-can-they-go.html
http://www.telegraph.co.uk/property/propertymarket/3530350/House-prices-How-low-can-they-go.html
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Comments
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Well old Krustie called HPC sick. Well she would. Daft old cow!0
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Very interesting article. Particularly the 300 oz of gold theory. This says to me that house prices are inflated relative to the rest of the economy and we are inevitably going to see them realign. But my big question is whether the correction will be the price of houses dropping or the price of goods rising in the rest of the economy. Government policy seems directed to avoiding both these while correcting the problem.
After the uprising of the 17th June The Secretary of the Writers Union
Had leaflets distributed in the Stalinallee Stating that the people
Had forfeited the confidence of the government And could win it back only
By redoubled efforts. Would it not be easier In that case for the government
To dissolve the people
And elect another?0 -
Very interesting article. Particularly the 300 oz of gold theory. This says to me that house prices are inflated relative to the rest of the economy and we are inevitably going to see them realign. But my big question is whether the correction will be the price of houses dropping or the price of goods rising in the rest of the economy. Government policy seems directed to avoiding both these while correcting the problem.
There's not much point having goods rise in price if no-one can afford them.0 -
kirsty only thinks it's sick because HPC.co.uk doesn't agree that properdee only goes UP UP UP :rotfl:An interesting article with a contribution from FP and Fred Harrison. I particularly liked the part where Krustie called the HPC.co.uk website 'sick':D
http://www.telegraph.co.uk/property/propertymarket/3530350/House-prices-How-low-can-they-go.htmlKrusty & Phil Madoff, 1990 - 2007:
"Buy now because house prices only ever go UP, UP, UP."0
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