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Debate House Prices


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Predictions

There are lots of topics flying about about what is going to happen in the Uk, lets see if we can narrow it down to a 1 line prediction on the follwong headings.. Copy the list add your own and lets pass it on and see where we end up :)

I could be completely wrong, but happy to have an educated guess

Tim Nicholas :
Interest Rates - Will Stay below 2% until mid 2010
House Prices - Bottom out Mid 2010, slow rise
Unemployment - To hit 3.5 million by early 2010
FTSE - to fall to 3,100 by June
Live life...

Comments

  • cocktail
    cocktail Posts: 377 Forumite
    can u also tell when brown would go please.
  • Andrew64
    Andrew64 Posts: 425 Forumite
    cocktail wrote: »
    can u also tell when brown would go please.

    Unless he can find a way of declaring himself Prime Minister for Life, the latest time for a General Election is June 2010.
  • You're supposed to have a guess to :D

    Will add him too :D

    Tim Nicholas :
    Interest Rates - Will Stay below 2% until mid 2010
    House Prices - Bottom out Mid 2010, slow rise
    Unemployment - To hit 3.5 million by early 2010
    FTSE - to fall to 3,100 by June
    Brown to disappear from power July 2009
    Live life...
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I predict that the rate of generation of prediction threads will remain constant until approximately 18 July 2011. At that point the rate will decrease roughly in line with the half-life of Carbon-14, until a minimum background level of 1 a week is reached sometime around the year 4000.
  • chopperharris
    chopperharris Posts: 1,027 Forumite
    Sorry too much to be one line cutnpaste.


    July is where my level is predicted.The ftse levels , levelled at 4400 is the test to recovery.

    I think i did the same prophecy last year that 3400-3700 would be acheived when it was around 6000....I was probably lucky , some experts poopoo'd it.

    Oil approaching 70.

    House price drops levelling.

    Holidays companies taking a panning.

    Mortgages beginning to appear on the market at acceptable level.Although I still think that 90 percent mortgages are too much , 80 percent will see the norm and 4xearnings 20 year.Savers bonds created for homebuy deposits , seeing more money into savings to help cover loan protection schemes as the goal.I

    Pound starting to creep against the euro heading to £1-E1.18 is the test for higher.The true extent of the eastern and piigs problems will start to appear....the reduced euro buying from lower holiday numbers.

    Interest rates will probably be the same as now , 2 percent is about right , but bonus lock ins may double that for savers .... depends what goodies hmg holds for a new savers tax system.

    Investment into aerospace quadruples to research the porcine air industry.
    Have you tried turning it off and on again?
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    This, stolen from Paul Mason, a commentator I have a lot of time for :-

    Eastern European economies 'fall apart' in the next 5 to 6 weeks.

    It will be interesting to see the international response to this, if it happens.
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