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Debate House Prices


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Things getting worse?

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Comments

  • Snooze
    Snooze Posts: 2,041 Forumite
    1,000 Posts Combo Breaker
    LesQuirk wrote: »
    How the hell do you get pics on, :rotfl: :rotfl:

    Easy-peasy. Just find a pic online or upload one of your own, copy the image address (URL) and then click the little cream postcard icon in the 'compose message' window when you're typing a reply, paste the link in the box and hit enter, et voila!

    martinLogo.gif

    :T

    Rob
  • treliac
    treliac Posts: 4,524 Forumite
    pandamonia wrote: »
    imagine a 22yo who needs to start saving. they will be forced to save for 2-3 times as long causing a lack of buyers. so prices will have to fall to reflect the lack of new buyers

    How many 22 year olds would have been able to afford to buy at 2007 prices?

    At last, I can see hope for the future for my children, in spite of the recession. If they work hard, they will stand a chance. This could come as a wake-up call to the average british school kid.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    fc123 wrote: »
    Nope, but you could be following me as we keep bumping into each other?

    Actually, I was avoiding Chucky...as we nearly fell out the other night...and I don't really want to fall out with anyone else.... as I like pretty much everyone who posts on here...or rather, I enjoy reading everyones views/stories etc.;) I will have to face Chucky at some point I guess.:o

    hope that you're feeling better :)
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    pandamonia wrote: »
    Anyone else notice that there seems to be even less 90% mortgages available now than last week?

    All of britannia's 90% LTV have gone which were some of the best around.

    I thought the banks were supposed to increase the lending?

    it's to do with the banks and building societies pulling their products due to the rate cut.

    why would they have a mortgage rate on the market that was on the market around the old Base Rate.

    the same thing happened last month and the month before around the rate cut.
  • bo_drinker
    bo_drinker Posts: 3,924 Forumite
    treliac wrote: »
    How many 22 year olds would have been able to afford to buy at 2007 prices?

    At last, I can see hope for the future for my children, in spite of the recession. If they work hard, they will stand a chance. This could come as a wake-up call to the average british school kid.

    Could but won't. More important things x box, ps2s, ipods facebook innit n dat. d ya know wot i mean. THEY ARE BRAIN DEAD.... :confused:
    I came in to this world with nothing and I've still got most of it left. :rolleyes:
  • harry_w
    harry_w Posts: 54 Forumite
    LesQuirk wrote: »
    Reading between the lines you don't own a home ? Do you rent?
    I think hoping houses drop 40% for your own gain and put millions into financial strife is damn right selfish :confused: Did you miss the boat or something ? :rolleyes:
    I guess you mean 'the boat' of massive house price inflation based on debt and speculation.

    Hoping house prices rise by 40% (and much more) for personal gain and putting millions into financial strife was much more selfish.

    We're dealing with the consequences of that now.

    Mostly, it seems, by trying to ensure that home-owners keep their paper profits at the expense of those who declined to take on excessive debt.

    [When you find yourself in a collapsing bubble: Don't blame the Shorts, blame the Longs.]
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