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Debate House Prices
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Halifax: House prices down -2.3% MoM, 17.7% YoY, 19.68% from peak.
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Deleted post .....0
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yep, down 2.3% according to BBC ticker...0
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I had thought we'd hit the bottom in Autum 2010 but a few more months like this and I reckon we'll hit it by the end of the year.0
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GREEN SHOOTS..WHERE ARE THEY?...
the average home lost ~£3,700 in one month...:rotfl::rotfl::rotfl:It is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0 -
GREEN SHOOTS..WHERE ARE THEY?...
the average home lost ~£3,700 in one month...:rotfl::rotfl::rotfl:
But my enjoyment of living in my home has not diminished by 2.3%, Prices have another 10-15% to fall yet, the monthly figure at this stage doesn't really mean anything. It's when we get down another 10% that it will become interesting0 -
whathavewedone wrote: »I had thought we'd hit the bottom in Autum 2010 but a few more months like this and I reckon we'll hit it by the end of the year.
try three more years of falls and stagnation and you might be nearer the mark...remember the market went up 300% so what can it fall too? this is just the entree.
It is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0 -
But my enjoyment of living in my home has not diminished by 2.3%, Prices have another 10-15% to fall yet, the monthly figure at this stage doesn't really mean anything. It's when we get down another 10% that it will become interesting
And mine has not...it just costs a hell of a lot less than yours without the worry of ownership...can you really see a end to falls with the state of the economy as it is...its getting extremely deep now....It is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0 -
And mine has not...it just costs a hell of a lot less than yours without the worry of ownership...can you really see a end to falls with the state of the economy as it is...its getting extremely deep now....
But mine doesn't cost anything, do you not pay any rent? I don't worry about ownership, why should I? I love where I live I even refused an offer 20% over market value for my house0
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