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Debate House Prices
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Are we in a boom ?
Comments
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I have raised the asking price on my house for the 9th month in a row - no wonder the bleedin' thing won't sell.0
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mr.broderick wrote: »Just stop posting your negative rubbish on every postive thread, it's tiresome. No vested interest here i'm not arsd either way.
Is this yet another of your 'not arsd' threads?
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Not Again0 -
According to the Times today the credit crunch has officially ended, the Libor rate and TED rate are back within 'normal' limits which means the banks now trust each other, shares in the banks are gaining, so perhaps there are 'green shoots'.
Also the pound is gaining ground against the Euro and Dollar, does this mean that they are in as much doo doo as we were or that we are climbing out of it?0 -
mr.broderick wrote: »
jeez, what a sloppy piece of journalism !!
The group [Rightmove] said sellers may be pricing their homes at higher levels due to concerns about the extent to which their equity has been eroded.
Says it all really!
Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
(MSE Andrea says ok!)0 -
theblindman wrote: »According to the Times today the credit crunch has officially ended, the Libor rate and TED rate are back within 'normal' limits which means the banks now trust each other, shares in the banks are gaining, so perhaps there are 'green shoots'.
Also the pound is gaining ground against the Euro and Dollar, does this mean that they are in as much doo doo as we were or that we are climbing out of it?
err.... I work in the InterBank Money Markets.
trust me..... no-one trusts anyone !!
Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
(MSE Andrea says ok!)0 -
theblindman wrote: »According to the Times today the credit crunch has officially ended, the Libor rate and TED rate are back within 'normal' limits which means the banks now trust each other, shares in the banks are gaining, so perhaps there are 'green shoots'.
Also the pound is gaining ground against the Euro and Dollar, does this mean that they are in as much doo doo as we were or that we are climbing out of it?
Shame UK banks have 14 trillion of foreign loans on their books, we still await an Option ARM/Alt-A crisis which is going tobe bigger than subprime and the coffers are bare, meaning government is going to massively hike taxes to pay for all the debt they have generated in the past 18 months.
Apart from that, everything is fine. :rolleyes: House prices only ever go up apparently.0
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