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Debate House Prices


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Recession, where are we.

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Comments

  • thriftybabe
    thriftybabe Posts: 689 Forumite
    The National Housebuilder that we work for has released over 100 plots with their local branch. (pity we dont have jobs on all their sites!). I know that some of the concrete slabs were put down a while ago and there is new regulations being brought in shortly and that is why they have to build. However, i do not think that is the same for all the plots. Other builder says that they have seen a slight upturn in building. However they have still not paid us all the money they have owed us since last August/September!:rolleyes:
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Middle
    Thought I would revive this as it seems to be the talking point of the news at the moment.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Like the majority -I am guessing-of the population my grasp of economics is limited. I look at the poll question and think of a comparison with my life span. I have an idea of the age its average someone of my sex in this country should die. But I have significant problems that mean really I could well not be here now...but I am, and plan to be indefinitely. On the other hand while in my mind I have an age I'm determined to reach...something else might go wrong, or alternatively, more effective treatments might be found....the economy, like me, is ailing. But it doesn't mean its going to lie down and die yet!
  • Time2Go_25
    Time2Go_25 Posts: 997 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    I'd say we're about 1/3 of the way through, we technically entered recession at the end of 2008, we should continue to have falls in GDP through the rest of this year with things getting better in early 2010.
  • System
    System Posts: 178,376 Community Admin
    10,000 Posts Photogenic Name Dropper
    I've drawn this informative graph of what I think (not drawn to scale)
    graphc.jpg
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Joeskeppi wrote: »
    I've drawn this informative graph of what I think (not drawn to scale)
    graphc.jpg
    Very informative indeed! Is it the economy as a whole- or is this a HP graph? :confused::D
  • System
    System Posts: 178,376 Community Admin
    10,000 Posts Photogenic Name Dropper
    hmm, both! ;)
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Joeskeppi wrote: »
    hmm, both! ;)


    Aha....well....that makes it very, VERY informative I guess. :)
  • GucciMane
    GucciMane Posts: 348 Forumite
    So that's the L shape they've been talking about! lol!
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Middle
    Personally I vote 34.78% of the way through but it's complicated by the time difference.

    I guess I'll wait until it's all over and then claim to be right whilst flaming anyone who disagrees.
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