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Debate House Prices


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Get ready for Capitulation....Fear is here, people will start to accept lower prices

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Comments

  • mitchaa
    mitchaa Posts: 4,487 Forumite
    RDB wrote: »
    I4U thats $64K question isnt it.

    You will find there are some on here like Mitchaa who actually thinks his home is still going up in value. But most are more realistic.

    Are you having a laugh:rotfl:

    I simply state fact, nothing more, nothing less. The bit below in my sig is FACT:p The 18mths of falls and less than 20% down is FACT. You with your post has now created FICTION.

    House prices have not dropped so far this year according to HBOS, they are more expensive now than they were back in December which means 2009 is showing positive....FACT

    Estimates of 20% in the next 9mths before xmas and taking into consideration it has taken 18mths to fall the 1st 20%, i think some would call you delusional.

    Oh, the banks are now getting a further £75bn, possibly £150bn injection to persuade more lending....FACT

    Only a fool argues with hard black and white FACTS, and to then create fiction to try and hammer your point across is weak, very weak ;)

    My house is dropping like every other house in the country, where have i said otherwise?? It is the rate of fall that i am interested in hence my signature. Supposedly we are back at 2004 nationwide, well not in this part of the country they are not anyway, we haven't even broke into 2006 yet:p
  • geoffky
    geoffky Posts: 6,835 Forumite
    Its game over..don't even argue with the bulls for the last two years i have heard their denial and utterances of "its different this time" "the government will not let it happen" etc etc
    The fact is the market is falling the fastest ever and even the banks have built in falls for the forseable future..
    Its game over jst watch the falls and enjoy not having to pay 200k for a shoebox... and for the people who have..i pity you but you were warned so many times..

    ..off to the festival for a lovelly four days of top class racing....the sport of kings:p
    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.
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    And I have just figured that Mitchaa posts on C4 forums as malkie...

    Hi malkie! :rotfl::rotfl::rotfl::rotfl:

    I know you were scottish!
  • FoxtonsRIP
    FoxtonsRIP Posts: 323 Forumite
    mbga9pgf wrote: »
    And I have just figured that Mitchaa posts on C4 forums as malkie...

    Hi malkie! :rotfl::rotfl::rotfl::rotfl:

    I know you were scottish!
    That helps explains his delusional thoughts.. The water's a bit funny up there
  • mitchaa
    mitchaa Posts: 4,487 Forumite
    FoxtonsRIP wrote: »
    That helps explains his delusional thoughts.. The water's a bit funny up there

    Delusional in what way? Delusional that you and a few other selective 'numpties' choose to ignore hard black and white facts:confused:

    Malkie, C4 forums:confused:

    The water is lovely up here, it is funny down south though, hey once again, that is FACT;)
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    mitchaa wrote: »
    Delusional in what way? Delusional that you and a few other selective 'numpties' choose to ignore hard black and white facts:confused:

    Malkie, C4 forums:confused:

    The water is lovely up here, it is funny down south though, hey once again, that is FACT;)

    evening malkie!
  • Kenny4315
    Kenny4315 Posts: 1,133 Forumite
    I expect that prices will recover to around 2007 levels by the end of 2014. There is no other form of investment vehicle around they are all rubbish, shares, interest rates, etc. We'll hit close to the bottom of market by around August, there or thereabouts, down around 35% from peak, got to be a good time to cash in on the cycle, lower than bottom and loads of long term potential.
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    i4U wrote: »
    On the negative side, I see a lot of people just attacking each others view/opinions without asking for an explanation. This is, and could stay a great forum if we stop doing that.
    It's just banter between friends disguised as nasty spiteful bile against hated enemies.

    Or is it the other way round?
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    Watch the equities market once it hits the bottom. I am expecting all those foreign currency reserves that arent liking our interest rates to pick up rock bottom shares once our governments waste our cash bailing them out.

    Once this is finished, property will be finished as an investment vehicle. Shares are cheap. Very cheap.
  • Kenny4315
    Kenny4315 Posts: 1,133 Forumite
    Shares are the same value as at the time of the IRAQ war when I invested a ton of cash, and pulled it in April 2007, when I'd had my action. They aren't cheap they are low because most companies are SH*TE. God knows who'll be next to fall with the high paid kretins they have in charge.
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