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It's official: Property has risen this year and is set to climb by 15% within 2 years

icon4.gifIt's official: Property has risen this year and is set to climb by 15% within 2 years
It's official - property prices have increased this year, and are set to continue rising...............

The end of year report in the Daily Telegraph shows how and why property has risen this year.

The report also states that in just 2 years from now, property values will be 15% higher than they are today. Read on...............

http://www.telegraph.co.uk/finance/e...ng-market.html

Those procrastinators have missed the boat again. That's what happens when you listen to doommongers!
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Comments

  • icon4.gifIt's official: Property has risen this year and is set to climb by 15% within 2 years
    It's official - property prices have increased this year, and are set to continue rising...............

    The end of year report in the Daily Telegraph shows how and why property has risen this year.

    The report also states that in just 2 years from now, property values will be 15% higher than they are today. Read on...............

    http://www.telegraph.co.uk/finance/e...ng-market.html

    Those procrastinators have missed the boat again. That's what happens when you listen to doommongers!

    Hamish has already posted this.

    I suggest you wake up and read the board before clogging it up with a duplicate thread.
    "There's no such thing as Macra. Macra do not exist."
    "I could play all day in my Green Cathedral".
    "The Centuries that divide me shall be undone."
    "A dream? Really, Doctor. You'll be consulting the entrails of a sheep next. "
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    The report also states that in just 2 years from now, property values will be 15% higher than they are today. Read on...............

    http://www.telegraph.co.uk/finance/e...ng-market.html

    Those procrastinators have missed the boat again. That's what happens when you listen to doommongers!

    The end of 2012 is 3 years time, not 2. A 15% gross nominal return in 3 years is pretty mediocre, you still have to pay stamp duty and other transaction costs.

    From your article:
    In a study to be published on Monday, the Centre for Economics and Business Research is expected to predict that house price growth will continue next year – albeit at a slower pace than in 2009, with property prices finishing the year between 2pc and 4pc higher than today. It will also predict that by the end of 2012, house prices will be around 15pc highe
    If this comes about, and I'd be surprised if the rally in UK house prices has legs given the state of the UK's banking sector and real economy, then I suspect there will be many other areas of investment that will be more profitable to pursue.
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    icon4.gif

    Those procrastinators have missed the boat again. That's what happens when you listen to doommongers!

    No, ducky, YOU missed the boat! You have to be up early to beat Hamish.:rotfl:
  • Hamish has already posted this.

    I suggest you wake up and read the board before clogging it up with a duplicate thread.


    Oooooooooops! Sorry if that made you go OUCH!:D
  • Generali wrote: »
    The end of 2012 is 3 years time, not 2. A 15% gross nominal return in 3 years is pretty mediocre, you still have to pay stamp duty and other transaction costs.

    From your article:

    If this comes about, and I'd be surprised if the rally in UK house prices has legs given the state of the UK's banking sector and real economy, then I suspect there will be many other areas of investment that will be more profitable to pursue.


    You have to pay transaction costs anyway - whether properties rise or fall in price! And you have to pay stamp too, providing the property is over £250k - which most properties are these days!
  • Davesnave wrote: »
    No, ducky, YOU missed the boat! You have to be up early to beat Hamish.:rotfl:


    I like my lay-ins on a Sunday..........:D

    I do feel sorry for these poor people who listened to all tha claptrap from the grim reapers who BEGGED them not to buy now! Just so they themselves could swoop in for the kill...................didn't work out thousg did it?!
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I like my lay-ins on a Sunday..........:D

    I do feel sorry for these poor people who listened to all tha claptrap from the grim reapers who BEGGED them not to buy now! Just so they themselves could swoop in for the kill...................didn't work out thousg did it?!

    Funnily enough, there were people on here, just over a year ago, telling me I'd missed the boat.

    As it turned out, I was 8 months too early for my boat, but it arrived, eventually.

    Data in the media describes overall patterns, but real life is, happily, far more complex, perverse and interesting.
  • Davesnave wrote: »
    Funnily enough, there were people on here, just over a year ago, telling me I'd missed the boat.

    As it turned out, I was 8 months too early for my boat, but it arrived, eventually.

    Data in the media describes overall patterns, but real life is, happily, far more complex, perverse and interesting.

    Well now that your boat's come along (and you've only just started out on it - loong way to go yet) I suppose you'll be hoping it holds its value eh?
  • carolt
    carolt Posts: 8,531 Forumite
    No, pickledpink - not everyone is as selfish as you appear to imagine, or as obsessed with the value of their home.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    carolt wrote: »
    No, pickledpink - not everyone is as selfish as you appear to imagine, or as obsessed with the value of their home.

    Some sock puppets are more obvious than others.
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