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Debate House Prices
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House prices 'will fall further'
Comments
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Sorry I think you have missed the lines "the biggest drop ever" & then the bit "if the economic recession turns out to be deeper, ..... fall more than the current prediction".
So with the biggest crash ever possibly going to get bigger due to economic conditions I think it is safe to say it could massively crash according to them. If you can find a bigger crash in hisory please tell me.:rotfl:
Switch on Ruldoph :rudolf:
You really need to switch yourself on and read,digest,understand what you are posting.
Otherwise you end up with egg on your face,or at worse looking a fool in your apparent rush to bring the latest news to the board.Official MR B fan club,dont go............................0 -
This is the right time to buy houses because of its low price. Lucky for those who save for the rainy days - though this is not a rainy day to be considered for the cash-wealthy, this is a good opportunity to spend the savings to a money-making buying spree.
Whats that in your signature?Hi, we’ve had to remove your signature. The one where you showed us Dithering Dad is a complete liar. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE Forum Team0 -
If you can find a bigger crash in hisory please tell me.
IIRC, the Mongolian economy contracted by about 40% in one week when the Russians pushed off....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
besonders1 wrote: »"The annual forecast from Rics suggests that property sales may have bottomed out and could rise by 10% during 2009."
I wonder where people will get the money from if there are no mortgages and no jobs
Then how will prices rise if houses aren't selling?? Prices rise because there are more buyers than sellers.....and seeing as mortgages are down AGAIN than this time last year....new builds mortgages are even harder to get (impossible with some lenders) I think you'll find house prices will continue to fall...for nowIf you find yourself in a fair fight, then you have failed to plan properly
I've only ever been wrong once! and that was when I thought I was wrong but I was right0 -
You really need to switch yourself on and read,digest,understand what you are posting.
Otherwise you end up with egg on your face,or at worse looking a fool in your apparent rush to bring the latest news to the board.
You mean like your constant green shoot predictions over the last few months.:D
Just face it prices are crashing at a faster rate than most of the predictions.:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
Save our Savers
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You mean like your constant green shoot predictions over the last few months.:D
Just face it prices are crashing at a faster rate than most of the predictions.
I think thats just it Brit...some people can't face the fact that their house or BTL empire is going to be worth very little over the next couple of years.If you find yourself in a fair fight, then you have failed to plan properly
I've only ever been wrong once! and that was when I thought I was wrong but I was right0 -
Sooner the better as far as i'm concerned,i'm ever that bit nearer to buying a 2 bed apartment in York.
A holiday home for the next 10 yrs then a retirement pad later.Official MR B fan club,dont go............................0 -
You mean like your constant green shoot predictions over the last few months.:D
Just face it prices are crashing at a faster rate than most of the predictions.
Remember, this is a UK average and may not be happening in your area.
Some areas have increased in the last month.
It may be too early to say if these are indeed "green shoots" or "shafts of light" or if they are just a blip. The next few months could clear that up a little.
P.S. Brit, you need to update your sig a bit. LR is only down 10.1% YoY and 10.4% from peak
:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
Sooner the better as far as i'm concerned,i'm ever that bit nearer to buying a 2 bed apartment in York.
A holiday home for the next 10 yrs then a retirement pad later.
A graph for York according to the LR
And a property breakdown
:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
ISTL:beer:
The places i'm looking at within the walls are slowly starting to move down.Official MR B fan club,dont go............................0
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