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Debate House Prices


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MSE News: Nationwide says house prices at 2008 levels

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Comments

  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Don't worry desprate bears, you still have this:

    bubble-lifecycle.gif



    :rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 2 October 2009 at 9:59AM
    Really2 wrote: »
    Sorry the only prizes today available are.

    he was arguing yesterday that a mortgage lenders maximum lending limit was linked to average salaries - he's absolutely clueless :cool:
  • Kenny4315
    Kenny4315 Posts: 1,133 Forumite
    YIPPEE :money::T:money:
    BTL certainly seems a good place to invest !!!
  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    Dan: wrote: »
    Don't worry desprate bears, you still have this:

    <snip chart for convenience>

    :rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:


    Oh Dan, did the bears get to you so much that you're dropping down to the levels of napoleon, downey (how they're missed :rolleyes:), et al?

    Seems like you were worried a few months ago after all?
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 2 October 2009 at 11:50AM
    JonnyBravo wrote: »
    Oh Dan, did the bears get to you so much that you're dropping down to the levels of napoleon, downey (how they're missed :rolleyes:), et al?

    Seems like you were worried a few months ago after all?

    Yes, I have been brought down to their levels - months ago.

    The bears you mention, among others, used that graph as a defence against my predictions, so its time for a gentle reminder.

    Hopefully, we will have another drop soon so we can enjoy a proper battle, this forum aint much fun these days.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    The Nwide C. Economist is discussing this right now on Working Lunch.
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    Just to clarify. 200k house would have earnt £38 in a year? Wow.
  • Heyman_2
    Heyman_2 Posts: 1,819 Forumite
    I almost forgot -

    Crash CANCELLED.
  • Treadmill
    Treadmill Posts: 1,102 Forumite
    Well light my farts, thats a turn up for the books and no mistake, I was guessing a minus figure
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Well I think we can all agree, maybe, that this has been one of the most unexplainable crashes / corrections we have known.

    By that, I mean, based on the economic background and sustainability, it simply does not add up.
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