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Debate House Prices
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Nationwide Tomorrow what do we think.
Comments
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Up more than 1%Relax.
It's a bull trap.
There is no money to support a return to anywhere near peak prices.
In the medium term, the only way is down."The problem with quotes on the internet is that you never know whether they are genuine or not" -
Albert Einstein0 -
Up 0%-0.5%Up around 1%Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
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Up 0.5%-1%Somewhere in the 0.5 - 1% range.
Good to see that the upturn in the market seems to be gaining traction. Hopefully, we will make back most of the 2008 fall over the next six months0 -
I'd be amazed if average house prices are more than +/- 5% from current levels in a year's time.
If we aren't going see see any proper falls I'd be happy with that. It will give me plenty of time to look from early next year without the worry of prices starting to accelerate too much.0 -
Up 0%-0.5%Relax.
It's a bull trap.
There is no money to support a return to anywhere near peak prices.
In the medium term, the only way is down.
So you say there isn't enougjh money to support 2007 prices - I agree.
But perhaps there is enough money to support 2009 prices (and is being backed up in the figures).
After all, unemployment (whilst still a way to go to peak) has already increased significantly.0 -
Up 0.5%-1%I've gone for 0.5% - 1%, but I'd almost like to see them drop 0.1% or something just so I can read some ludicrous 'Recovery CANCELLED' and 'Timber!' style posts and see ad44downey, fatpig and napolean come out of hiding
0 -
Up 0.5%-1%Relax.
It's a bull trap.
There is no money to support a return to anywhere near peak prices.
In the medium term, the only way is down.
If it is a bull trap (and I'm not saying it isn't!) It's starting to turn into a biggie....
On the source of money front, I have a mate who is a conveyancing lawyer. He tells me that at present there appear to be a far higher % of cash buyers than in years gone by who are looking at property with money that would otherwise have gone into shares/savings products in more lucrative times. Banks may not be lending but plenty of people (in the south anyway) still have cash to invest and property is still seen as a a good long term bet.
Either way I guess FTBs are screwed....glad I'm not one.
PGo round the green binbags. Turn right at the mouldy George Elliot, forward, forward, and turn left....at the dead badger0 -
What is this thread about:
Guess The Title?
I am NOT a mortgage & insurance adviser - or anything to do with finance, that was put on by the new system I dont know why?!0 -
a slight increase as we await the present and false optimism to subside.
sorry, no link to this but there was a well-argued/balanced piece about the economy and its southern direction in today's times comment pages.0
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