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Debate House Prices
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I predict a 70% drop in 2011..
Comments
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HAMISH_MCTAVISH wrote: »Only for the next year.... Then the mainstream forecast is for 27% rises between 2012 and 2015. Nice...
Oh Hamish, you're so funny
"I can hear you whisperin', children, so I know you're down there. I can feel myself gettin' awful mad. I'm out of patience, children. I'm coming to find you now." - Harry Powell, Night of the Hunter, 1955.0 -
That's only .75% a month, not high enough for big red fonts imo.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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Well finally someone got one right. “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Getting a little desperado Hamish?
Thats approx 5 threads you have now dragged up. For what purpose, I'm not entirely sure.0 -
Hamish, are you having a breakdown by any chance?0
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HAMISH_MCTAVISH wrote: »Only for the next year.... Then the mainstream forecast is for 27% rises between 2012 and 2015. Nice...
:rotfl:Glad you reminded me of this one.
Best of luck.0 -
Over a year since one of the DD discarded skins posted on here (Harry P) and coming up to 12 months since Carol posted, time zooms by, scary :eek:'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
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If we have seen the end of the crash (I have my own view on this, but I'm responding to the OP's post, not expressing my own views) then surely there will be nothing to talk about other than the flat movements of the average house price.
Martin could rename this board to the "The House Price and Economic Stagnation Board" I suppose and we could argue whether haliwide figured showed a +.2% or -.2% seasonally adjusted MoM figure. Rivetting!
That just about sums up how I have been feeling about these boards for a while.
There has been no crash where I own a house. Prices have actually risen. Property is moving as well.
I do except places in the north of UK may be cheaper than before and the new yuppie style flats might have taken a hit.
I am still yet to see a true bargain.
The constant up 1% vs down 1% arguments are pointless.
The HPC strategy has been completely thwarted. The newspaper comments sections a mixed bag now. Unless prices drop or rise 10%+ I can't really see the point in saying anything. It's obvious to anyone that landlords and homeowners are experiencing a dream period in history. Who would have thought interest rates would stay low like this for years? On top of that you get help if you get in trouble paying your mortgage.
HPC is full of people who either gambled and lost or don't have the means to buy. They might enjoy posting bad news but it's gone beyond boring for me.
I felt I needed to see them off. Now there is no crance of a crash that time has been and gone.
Really it's just for fun now. Great seeing them twist all the good new stories and even better watching my colleagues at the Express hammering them into the ground. :rotfl:We love Sarah O Grady0 -
HAMISH_MCTAVISH wrote: »...the mainstream forecast is for 27% rises between 2012 and 2015...
"the mainstream forecast" eh :rotfl:FACT.0 -
the_flying_pig wrote: »
"the mainstream forecast" eh :rotfl:
Office of Budgetary Responsibility forecast at the time of that post.
Fairly mainstream, certainly by comparison to the whacko's like Moneyweek and Jonathan Davis.:D“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0
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