The “crash” is over – now how long before prices fully recover?

sabretoothtigger

Probably by the end of 2011

What was the average price in 2007 peak and whats it now

treliac wrote: »

20 years......

The value might not return to peak for a decade, thats fairly likely but the price might be at peak by the olympics, I'll vote end of 2011 I guess though Im not upto date on what % fall it is, the actual number alone is not so relevant

fingernails

Some time after 2011

nollag2006 wrote: »

Great post br0ker, and very true.

:T





That bird has well and truly flown.

Bottom searchers, take note !

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


House prices are up dramatically since Feb, and showing no sign of falling back again, not while inflation and interest rates are low and the economy continues to emerge from recession.

Hello :heartpuls:heartpuls :heartpuls:heartpuls:heartpuls I read some of these threads on MSE and you seem to really hate house price crash website and gloat alot in a way that is similar to Hamish_Mctavish. Are you him?

nembot

nollag2006 wrote: »

House prices are up dramatically since Feb, and showing no sign of falling back again, not while inflation and interest rates are low and the economy continues to emerge from recession.

Unfortunately, MSE doesn't seem to have an appropriate smiley for the amount of laughing I did reading this classic.

nollag2006

Might be a bit up and down, but should be back by the end of 2010

mewbie wrote: »

What do you make of your poll results Nollag?

I am over the moon with these results.

It really is great to see that fewer than 10% of respondents see the price falls of 2008 as a permanent down shift in the market.

For everyone else, it is just a matter of time before all of the fall is recouped.

It really is wonderful to see MSE and HPC unite to announce that house prices are well and truly strengthening again.

:money:

Things can only get better !!!!

:T:T:T

doire_2

hearts wrote: »

Please tell me what GB had to do with 125% loans? Some people just tend to balme the government (whoever it may be) for every bloody thing that goes wrong. Put the blame where it belongs. The greedy basoords who ran the banks. From the top to the bottom the only thing that mattered were bonus payments.

I didn't say Gordon handed them out :rolleyes:

And dont blame the government? They take some of the blame for letting it happen

mewbie_2

Some time after 2011

nollag2006 wrote: »

I am over the moon...

Nollag, on an IQ scale of 1 - 10, with 10 being the more intelligent end - whereabouts would you place yourself?

doire_2

nembot wrote: »

Unfortunately, MSE doesn't seem to have an appropriate smiley for the amount of laughing I did reading this classic.

I nearly fell off my seat when i read his post.

bigheadxx

Some time after 2011

Prices are certain to fall towards the end of 2010. Main reaons for this are:

Post election austerity / reality whoever wins
Higher taxes
High unemployment
End of government help
Higher interset rates
Lower disposeable incomes

Prices may never return to 2007 levels in relation to incomes but as inflation is likely to be comparatively high 2011 onwards then prices are certain to be higher in cash terms.

treliac

Some time after 2011

nollag2006 wrote: »

Things can only get better !!!!

Now where did I hear that before? :rotfl:

nembot

My thoughts exactly