We are around a bottom and I only see up from here

tommy75

I'm sticking my neck out and calling the bottom of the housing market. I see nothing but good news in the media over the last couple of months. Stagnation for 5-10 years and then small rises from this point. I will be buying in the next 3 months unless somebody can prove otherwise.

http://www.youtube.com/watch?v=cxlHiyBewSA&feature=related

tommy75

I was thinking of starting cheap and buying this box for 70 grand (might put in an offer over that, depends how the EA plays it) as this recession is going to be a V shape according to the recent news. This box will be worth at least 250k within five years. It may be a bit tight for my two kids but I'm on 17k a year (alot round these parts) and the wife works part time as a 'sales rep'. Why spend 100-150 grand (although thats cheap) on a 2 bed terrace?

Here have a look:

http://www.rightmove.co.uk/property-for-sale/property-18947167.html/svr/1005;jsessionid=34EB05360F5C60AF0214596205CAD617?backToListURL=%2Fproperty-for-sale%2Ffind.html%3FlocationIdentifier%3DREGION%255E1364%26index%3D160&thumbnailId=1

Bargain huh.. :beer:

tommy75

Not sure If I would get more than one more chair round that dining room table though now... Hmmm.

mvengemvenge

tommy75 wrote: »

I'm sticking my neck out and calling the bottom of the housing market. I see nothing but good news in the media over the last couple of months. Stagnation for 5-10 years and then small rises from this point. I will be buying in the next 3 months unless somebody can prove otherwise.

http://www.youtube.com/watch?v=cxlHiyBewSA&feature=related

I'm sticking my neck out and saying 'Don't be fooled'.......there is still an awful lot of bad news to come for the economy, imo.

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/5301123/bEnjoy-the-rally-while-it-lasts---but-expect-to-take-a-sucker-punchb.html

bo_drinker

Can't see it yet my self. Look here.

http://www.youtube.com/watch?v=bNPJuJSVmNA

pizzagirl

tommy75 wrote: »

I'm sticking my neck out and calling the bottom of the housing market. I see nothing but good news in the media over the last couple of months. Stagnation for 5-10 years and then small rises from this point. I will be buying in the next 3 months unless somebody can prove otherwise.

http://www.youtube.com/watch?v=cxlHiyBewSA&feature=related

There's one born every minute.

themanbearpig

tommy75 wrote: »

I see nothing but good news in the media over the last couple of months.

Every heard of vested interests?

tommy75

themanbearpig wrote: »

Every heard of vested interests?

Vested Interests? Here, look at this:

http://www.rightmove.co.uk/property-for-sale/property-20818570.html?locationIdentifier=REGION^1169&minBedrooms=2&minPrice=90000&maxPrice=170000&displayPropertyType=houses&radius=0.5&oldDisplayPropertyType=houses&includeSSTC=true&_includeSSTC=on&pageNumber=12&backToListURL=%2Fproperty-for-sale%2Ffind.html%3FlocationIdentifier%3DREGION%255E1169%26minBedrooms%3D2%26minPrice%3D90000%26maxPrice%3D170000%26displayPropertyType%3Dhouses%26radius%3D0.5%26oldDisplayPropertyType%3Dhouses%26includeSSTC%3Dtrue%26_includeSSTC%3Don%26index%3D110

17 April 2009

• Price changed: from 'Offers in Excess of £99,950' to '£129,950

If I don't buy now, I could lose 30 grand a month... I don't earn 30 grand in a year!

bo_drinker

Must be a different media round your way Tommy ??

tommy75

bo_drinker wrote: »

Can't see it yet my self. Look here.

http://www.youtube.com/watch?v=bNPJuJSVmNA

I must counter your argument with this again:
http://www.youtube.com/watch?v=cxlHiyBewSA

bo_drinker

tommy75 wrote: »

Vested Interests? Here, look at this:

http://www.rightmove.co.uk/property-for-sale/property-20818570.html?locationIdentifier=REGION^1169&minBedrooms=2&minPrice=90000&maxPrice=170000&displayPropertyType=houses&radius=0.5&oldDisplayPropertyType=houses&includeSSTC=true&_includeSSTC=on&pageNumber=12&backToListURL=%2Fproperty-for-sale%2Ffind.html%3FlocationIdentifier%3DREGION%255E1169%26minBedrooms%3D2%26minPrice%3D90000%26maxPrice%3D170000%26displayPropertyType%3Dhouses%26radius%3D0.5%26oldDisplayPropertyType%3Dhouses%26includeSSTC%3Dtrue%26_includeSSTC%3Don%26index%3D110



17 April 2009

• Price changed: from 'Offers in Excess of £99,950' to '£129,950

If I don't buy now, I could lose 30 grand a month... I don't earn 30 grand in a year!

They are trying it on, that's worth 85k all day long
PS http://www.youtube.com/watch?v=bNPJuJSVmNA