HPC over?

doire_2

Dan: wrote: »

Any links to region by region?

Dan:_4

doire wrote: »

Any links to region by region?

Afraid not mate, you will need to wait for the quarterly report.

doire_2

Dan: wrote: »

Afraid not mate, you will need to wait for the quarterly report.

Thanks anyway

lemonjelly

orangefender wrote: »

The only credible post I've read on here in ages.

Very kind of you to say so!

HAMISH_MCTAVISH

doire wrote: »

Just need Hamish to jump in now :rotfl:

:j:j:j:j

Jump in what?

doire_2

HAMISH_MCTAVISH wrote: »

:j:j:j:j

Jump in what?

_party_ ............

Ron2256

Johnny_Doe wrote: »

I wouldn't mind hprices going up if I didn't have to pay the stupid Gvt 3% stamp duty every time I move. And houses around here I'm in the market for between 250k and 300k don't really warrant the tax (not like the old days)!.. Moving up the housing ladder is an expensive business (it's not just FTB'ers affected). Raise the 3% threshold to 300k! or maybe more

This is wishfull thinking. I am afraid you can forget about tax cut from now on. Taxes are on the rise for pretty much everybody and for a long time. You can't create money out of thin air for ever.

Lotus-eater

abaxas wrote: »

As we drop from being a 1st to 2nd world nation.

How are we going to pay for these houses?

With the cigs, whisky and gold we all hoarded when we thought the world was gong to end.

..............you did store all that stuff didn't you?..........

oh dear

Ingsy

Pobby wrote: »

Of the course the market hasn`t settled yet. They used various forms of alchemy to get the market to the peak and a different form of alchemy is being applied now to stop the mother of all crashes.

As a side point I watched an auction this week. My guess is that the newbie, part time investor wasn`t present. A lot of stuff didn`t sell and I would say that some of the properties seemed fair value.

You might like to check out the results.

http://www.grahampennyauctions.com/index.php?option=com_propertylab&task=propertysearch&type=forsale&minprice=1&start=0&perpage=20&auction_id=29

It's also interesting to note that on the first page, all those that did sell, went for more than the guide price.

EDIT - and on pages 2, 3 & 4 too....

Thrugelmir

lemonjelly wrote: »

Couple of questions, rather than a definitive answer from me....

Given the fact that the thread is called crash over, & posters on here generally agree that there is no horrendous catastrophe occurring in our economy, does this therefore mean that they fully support the government/Browns decision making, actions etc in order to stabilize the economy? Effectively, have Labour done a good job managing the downturn?

With a permanent loss of around 6% of GDP. At best we're nearing the bottom little more.

The hard part of rebuilding has even been considered yet. As the cost of servicing our collective debt will be an enormous drain on the econmomy for a number of years to come.

So far for the majority they've suffered little. We're are in for a few years of adjustment in living standards.