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Debate House Prices


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Have we reached the bottom of house price drop??

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Comments

  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Generali wrote: »
    In Aus some people take a plane to their mail box. Lots of us need a car to get there as it would be all morning there and back!

    I think you don't really need to walk ultra fast, just enough to keep warm.

    PS What's the broken body thing? Sounds a bit horrid.


    Its all kaput...the whole stupid thing. Its not meant to me so borken, but it is. You name it, I've bust it/damaged it/worn it out or otherwise killed it or its been somehow impaired by either my neurological condition or the log lay off Worked so hard to get back riding...haven't been able to get on for ages now, doubting I'll get up again any time soon. :( I have really bad proprioception, so I'm forever closing thngs on limbs, or walking into stuff too.:rolleyes: which doesn't help. :rotfl::o
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Its all kaput...the whole stupid thing. Its not meant to me so borken, but it is. You name it, I've bust it/damaged it/worn it out or otherwise killed it or its been somehow impaired by either my neurological condition or the log lay off Worked so hard to get back riding...haven't been able to get on for ages now, doubting I'll get up again any time soon. :( I have really bad proprioception, so I'm forever closing thngs on limbs, or walkingn into stuff too.:rolleyes: which doesn't help. :rotfl::o

    Hell, Kaput! That's serious. TBH, I'm working on kaputitis too - I overdo things all the time. The first thing my physio says to me when I walk in is 'Nope, you can't get on the bike'

    PS Proprioception is a great word IMO. A little bit showy-offy in some company but a cracker nevertheless.
  • HappySad
    HappySad Posts: 2,033 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker

    He has sooooo much muscles!!!
    “…the ‘insatiability doctrine – we spend money we don’t have, on things we don’t need, to make impressions that don’t last, on people we don’t care about.” Professor Tim Jackson

    “The best things in life is not things"
  • harryhound
    harryhound Posts: 2,662 Forumite
    Generali wrote: »
    Proprioception is a great word IMO. A little bit showy-offy in some company but a cracker nevertheless.

    I've looked it up in the dictionary, and I still do not know what it means:D
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    HappySad wrote: »
    Thanks everyone for your comments. I am looking to purchase next year so for me I would like the price to freeze or go down further.

    I personally agree with the thought that it will go down further based on what you have all said. In the last recession it seems that everyone was selling and no one buying.

    There is a back log of property that people are not selling because there are waiting for prices to go up. When there people eventually come to sale then their effect on mass will keep house prices down.

    Also I have been asking around and most people are being effected by the recession. Shops are closing down & not being replaced by new shops. People are loosing their jobs. People are having to do more work to keep their jobs. Builders are finding it hard to get work........etc. If no one has the money as they are loosing work & credit crunch then it must mean that house prices are set to go down further.

    Thanks Entertainer about my weight loss. It has been really hard & I have taken 18months to do it.



    You have to look at the context we are in however. Banks are lending again, a bit. But the cost of this trickle of cash to the consumer is astronomical oceans of debt poured into the banks by the tax payer.

    Its like your uncle Bob stole your parents life savings, moved to a luxury villa in Phuket, and then sent you a card with a £5 note in it for your birthday.

    We are at the “paying Paul” stage, its yet to dawn on us quite how much Peter has been robbed.

    Job losses will be considerable, public spending cuts will be swingeing. Brown has very little room left to further cut rates and devalue sterling. We’ve yet to see what inflation will do.

    Labour are scrambling to invest in industry which is good, but the effect of this wont be felt for a generation. Currently we are still a bust economy of service industry workers, attempting to sell services to one another funded by credit.
  • harryhound
    harryhound Posts: 2,662 Forumite
    Nice analogy.

    Now I must go and collect next door's washing and drop off my own.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    harryhound wrote: »
    I've looked it up in the dictionary, and I still do not know what it means:D

    Physical self awareness might be an easy way to descibe it. Some opeople just don't live in their physicality and are clumsy. I'm not by nature clumsy, but I can't feel my extremities for a good percentage of the time now. .
  • darby_2
    darby_2 Posts: 96 Forumite
    The bottom of the house price drop will come at 11.30am on the 19th June 2009.
  • If the new neighbours upstairs have any physical self-awareness the might have a nice new floor. They were having fun boshing skirting boards with a beltsander the other day. Sounds like they've progressed to drum sander. I think the drum sander is winning :D
  • darby wrote: »
    The bottom of the house price drop will come at 11.30am on the 19th June 2009.

    Local or GMT? :confused:
    You don't stop laughing because you grow old, You grow old because you stop laughing
    " Large print giveth - small print taketh away. "
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