House prices 'to fall by 10pc in 2010'

Pobby

Exactly. The big wait but not holding my breath. I just think everything is messed up right now. Take me and the darling Mrs P. Both paid into pensions for years. Looked decent enough until annuities went down and that Scottish person then raided them.

Goal posts are a changing at such a rate. Yes we will have to wait and see but to me so much damage and damage to the wider economy has been done.

undetterred

Afriend wrote: »

You're worried about the economy(?), I am more worried about the future food supply.
Does anyone have a practical and reasonable solution for when oil runs out?

It'll never run out...........its naturally re-occuring and new finds are ongoing.
Shitloads under the artic also.

lostinrates

Afriend wrote: »

You're worried about the economy(?), I am in the longer term more worried about the future food supply.
Does anyone have a practical and reasonable solution for when oil runs out?

I worry about both, a bit.

I don't see the two as mutually exclusive problems: many possible answers are interrelated. Many of the solutions seem (perhaps not in reality but certainly politically) distasteful.

carolt

chucky wrote: »

it was instigated and was response to nonsense directed at me - you obviously missed that :rolleyes:

but behave yourself and contribute to the thread constructively; i know it's difficult and you find discussion and even understanding other points of view hard but just try...

Oooh, another personal insult.

How novel.

Emy1501

chucky wrote: »

it was instigated and was response to nonsense directed at me - you obviously missed that :rolleyes:

but behave yourself and contribute to the thread constructively; i know it's difficult and you find discussion and even understanding other points of view hard but just try...

I don't really read many of your posts but the few I do mainly seem to be having a pop at someone. I have always got the impression that you enjoyed knocking people to be honest.

As or contributing to the thread. I think we all know what the thread is about and the fact that it has no real relevance to any housing debate. Its just a knock at anyone who uses the company in question to back up their opinions that prices may fall. I think though that most uses various sources etc when making their opinion where prices are going.

I will now wait for the insults:D

Oh yeah I'm not a woman by the way but I'm happy for you to think I am.

lostinrates

Afriend wrote: »

Politics is often more reactionary than preventative.

Of course, but...isn't that sad? A poor reflection on us as well as our politicians. I find myself in a maudlin position of opinion about this ATM...:(

StevieJ

Thrugelmir wrote: »

We're heading into uncharted water with the economy.

Something tells me we have been navigating uncharted waters for a while now.

StevieJ

westv wrote: »

For selfish reasons I hope a fall of 10%+ happens next year. I'm going to be made redundant in the new year so I'll need a few months a) to get another job and b) to have been working in the new job long enough to get a mortgage.

Be careful what you wish for :eek: could be that house prices drop 10% because wages have dropped 20% as many are finding out

chucky

Emy1501 wrote: »

As or contributing to the thread. I think we all know what the thread is about and the fact that it has no real relevance to any housing debate.

agreed you're unable to discuss anything that is outiside the tunnel vision.

it has lots to do with housing debate because they're predicting house prices for next year. they've got it wrong more frequently than not so there is no reason why things would change.

interesting that Capital Economics are frequently quoted by the HPC brigade but only predict 10% drops even with next years economic hurdles that are in front of us. i can see them not being quoted very frequently in future :rolleyes:

carolt

What are you on about chucky?

What's with the 'only' 10% drop?

How much do you want it to fall in just year? 10% will suit me fine, thanks.

I assume that figure will up once interest rates go up, but that's not going to happen in election year, realistically. So 10% seems quite fair.