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Respected Analyst : House prices 'could drop another 55%' and leave Britain bankrupt
Comments
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I glade you adjusted your top figure to take in wage inflation0
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It is possible house prices will double in the next 5 years.
If it is not impossible anything is possible.;)0 -
whathavewedone wrote: »Isn't the Telegraph written by the same people who write the Mail?
:laugh: journalists ? yea that about sums it up, another hot tip0 -
Graham_Devon wrote: »It could do yes. I have NEVER said it will. I have said it's a possibility all along. Not likely to be te 60k though, more likely 80-110 on one at 200k at peak. It's already had just shy of 40k wiped off it, and of course, it depends on the area, parts of wales are taking a real bashing for instance.
Inner city new build flats have not done to well either :eek:'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
sabretoothtigger wrote: »:laugh: journalists ? yea that about sums it up, another hot tip
a bit like Nadeem Walayat = own agenda0 -
House equity is only paper money anyroad.
I give daily gratitude just to have a roof over my head, let alone whether it triples/doubles in value. I dont want to move to a bigger house.
The flat I have is 'low end' market in our town, and its a modest frugal place, the monthly housing costs are not too bad, and I love it.0 -
Whats his agenda apart from getting hits on his website maybe. I already thought what he said anyway, he just brings credible information, second opinions, research and long term success in predicting markets.
I dont mind that kind of bias tbh, my problem with newspapers is they are just reporting what has happened or in this case repeating someone elses opinion.
Always have your own opinion for your own reasons formed from a personal perspective, I dont see they've done that0 -
I just can`t see it myself. DD21 doesn`t need, but could do with a house. If prices drop by 25% we`ll be encouraging her to buy and giving her a 25% deposit.
There are people much much better off than us with savings doing nothing - plenty will jump in.0 -
I am eying one of those Cornish holiday cottages
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
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