Bottom Near

mr.broderick

http://news.sky.com/skynews/Home/Business/House-Prices-Have-Only-10-Left-to-Fall-Before-The-Housing-Market-Reaches-Rock-Bottom-Experts-Say/Article/200904215259249?lpos=Business_First_Home_A

staffie1

We'll see.........

mr.broderick

Just thought i'd post it to wind geoff up if i am totally honest.

staffie1

who's geoff ?

davilown

geofky i believe!

Cat695

another 10% ....bummer

sabretoothtigger

'only 10%' like they say in the article sounds very optimistic and for first time buyers in some overblown areas that wouldnt be good news I guess

I dont think it'll be that simple but if they do offer alot of mortgages to people on good terms maybe it'll be true

themanbearpig

mr.broderick wrote: »

http://news.sky.com/skynews/Home/Business/House-Prices-Have-Only-10-Left-to-Fall-Before-The-Housing-Market-Reaches-Rock-Bottom-Experts-Say/Article/200904215259249?lpos=Business_First_Home_A

How can anyone believe house prices are suddenly going to start rising, but hardly anyone, except 2 idiots, believe that the recession is nearly finished:
http://forums.moneysavingexpert.com/showthread.html?t=1616105


Ramping the property market like this is nearly as stupid as saying the recession is going to end next month. They should be too embarrassed to even suggest it, because its insane.

tomterm8

I don't think so. http://zerohedge.blogspot.com/2009/04/incredibly-shrinking-market-liquidity.html .

I think we are heading towards a major market dislocation myself, and I'm all out of the market. Look for another OS moment in July / August.

FungusFighter

Nah, we've already turned the corner if you read the Express:D

Several times

ad9898_3

FungusFighter wrote: »

Nah, we've already turned the corner if you read the Express:D

Several times

I think it was The Express that made up most of that huge list of headlines that Cat695 posted a couple of weeks back, for example

1. House pirces recovering.
2. House prices dip.
3. House prices are flattening.
4. House prices crumble.

Repeat...... as necessary for 6 years from peak. These headlines are laughable and just shows what short memories newspaper editors have. In fact Cat 695, what you sould do is print out a copy of those headlines and fax them to all the major newspapers, then add at the bottom of the list a nice smiley face.