We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
House Prices Only Set To Fall By Maximum 20% In Total
Comments
-
islandannie wrote: »The fact that You would prefer to beleive the failed and nationised banks as qapposedto us ground fl oor investers says a lot.
One anecdote, two data, three data...
Nope, it doesn't go quite like that.
The Nationwide is neither a failed and nationalised bank, nor indeed a bank at all....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 -
AGAIN
I would rather believe BANKS AND LR figures than your link thank you
Accept it
I wouldn't even believe the LR figures either. They are cooking the books by not including property exchanged at auctions. That is shocking but not totally unexpected under this governments leadership of corruption. The banks prediction figures are also totally unreliable.0 -
neverdespairgirl wrote: »Surely you mean nadir, rather than zenith?!
(I reckon it's a good general idea only to use fancy words if you are sure you are using the right one. Otherwise you look a bit silly)
A gelogenic observation on the bavardage of an acerebral barmecide.0 -
Troll thread nothing more.0
-
Sorry but I can't thank you for that and try to appear intelligent. There's at least four words I'd have to look up first and time's too short.A gelogenic observation on the bavardage of an acerebral barmecide.
But hey, at least my inkling about Zenith was correct - although I looked that up first. Kind of figured Zenith windows wouldn't have chosen a name that meant bottom. Although clearly with todays educational standards, anything's possible.0 -
bigfatbelly wrote: »These figures aren't just in today's newspapers and on the internet news - they were reported on the national BBC News tonight.
They were giving FACTS and FIGURES. NOT speculation!
And the FACT is that property has dropped just 8.9% and they expect it drop another 12% next year when it will then reach its bottom. That makes a 20% reduction from the peak.
Of course you'll have the odd properties that were overpriced in the beginning dropping more - just as you'll have some properties only dropping by 10 or 15% in total.
But you must admit it's good news that many homeowners are rushing to pay off their mortgages! :money: Obviously, with fewer forced sales there will be less bargains up for grabs!
whats your agenda?
whats the point of your rubbish posts?
whsat is your true identity?0 -
All together now, it's Mewbie's Gang Show...
"We're riding along on the crest of a slump..."
that's not your theme tune, this is it
[Kermit]
Ladies and Gentlemen, Its The Muppet Show!
[Muppets]
Its time to play the music
Its time to light the lights
Its time to meet the muppets on the Muppet Show tonight.
Its time put on makeup
Its time to dress up right
Its time to raise the curtain on the Muppet Show tonight
[Old Men]
Why do we always come here?
I guess we'll never know
Its like a kind of torture
To have to watch the show
[Muppets]
But now its getting started
Why don't you get things started?
Its time to get things started
On the most sensantional
Inspirational
Celebrational
Muppet-ational
This is what we call The Muppet Show!:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
bigfatbelly wrote: »These figures aren't just in today's newspapers and on the internet news - they were reported on the national BBC News tonight.
They were giving FACTS and FIGURES. NOT speculation!
And the FACT is that property has dropped just 8.9% and they expect it drop another 12% next year when it will then reach its bottom. That makes a 20% reduction from the peak.
Of course you'll have the odd properties that were overpriced in the beginning dropping more - just as you'll have some properties only dropping by 10 or 15% in total.
But you must admit it's good news that many homeowners are rushing to pay off their mortgages! :money: Obviously, with fewer forced sales there will be less bargains up for grabs!
The area I am looking in Harringey, London and already have invested in (Battersea, London) have already dropped by about 18%! By the way I am what would be classed on this forum (broadly speaking) as a bull not a bear, in that I am looking to invest, but not until nearer the bottom than we are now.
The spread markets (which have no sentiment, only cold hard cash) indicate about a 35% total drop from the top of the market, I see no reason to disbelieve this as I see it as the best (but not perfect) indicator0 -
islandannie wrote: »No one will outbuy me when prices slump because i have money and they have not..
True or False?
Hope your not bidding against me ...I may have to raid the kids piggy bank for some extra coppers. 0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.5K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards