UK house price slump to persist until 2012

inspector_monkfish

Dan: wrote: »

Because house prices are 'slumping'

they are not.... they are correcting...

Wookster

inspector_monkfish wrote: »

they are not.... they are correcting...

Here here.

Will someone explain to Dan what a pyramid scheme is?

twadge_face

nearlynew wrote: »

It's nice to see something positive for a change.

I'm fed up with all the doom and gloom of rising prices.

And I like your style.

I too welcome the good news.

Praise be!

luvpump

mbga9pgf wrote: »

Getting bored of it now. Been talking about this for 18 months now, you think the professionals would have twigged by now...

Me too, I gave up "Arguing" some time back... Once it became Blindingly obvious that Property prices had a way to fall.. & still do ..

sleepyj

2012 - seems about right, perhaps a bit longer, maybe people will just have gotten the idea through their heads that housing isn't some kind of miracle investment by then

Dan:_4

luvpump wrote: »

Me too, I gave up "Arguing" some time back... Once it became Blindingly obvious that Property prices had a way to fall.. & still do ..

You mean that you have no valid points left to argue now that we have reached the bottom?

The good thing is that we are likely to bump around at this level for the next 2 or 3 years, so hopefully those in denial or praying for further significant falls won't miss this buying opportunity.

sleepyj

Wookster wrote: »

Here here.

Will someone explain to Dan what a pyramid scheme is?

Might be an idea to explain what rising unemployment is first..

Dan:_4

sleepyj wrote: »

Might be an idea to explain what rising unemployment is first..

It's a shame its no longer predicted to hit 3 mil this year - it might have pushed house prices down a couple of %

sleepyj

Dan: wrote: »

It's a shame its no longer predicted to hit 3 mil this year - it might have pushed house prices down a couple of %

It's pushed it down a lot more in the US, Japan, every other economy that's ever been in a similar recession. Not entirely sure what makes the UK so special. By the way that prediction's already been surpassed if you look at the non-fudged figures involving those going part-time and those not claiming. Get the frozen/deflated wages in for good measure, and... oh why am I bothering anyway?

Dan:_4

sleepyj wrote: »

It's pushed it down a lot more in the US, Japan, every other economy that's ever been in a similar recession. Not entirely sure what makes the UK so special. By the way that prediction's already been surpassed if you look at the non-fudged figures involving those going part-time and those not claiming. Get the frozen/deflated wages in for good measure, and... oh why am I bothering anyway?

Had enough after 6 posts?