Debate House Prices


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The next phase of the house price crash.

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  • bouche
    bouche Posts: 214 Forumite
    As regulars on here will know, I'm am a strong advocate that the current ramping of house price rises is wholey fake, when comparing it with a proper functioning market. Here we have a pretty interesting article that suggests just as I have been saying that we are merely in the eye of the storm, being protected by unsustainable policies. Enjoy.

    Basically you an me the taxpayer have propped up the market to the tune of £314 billion. So to sum up, all you FTB'rs out there have been paying your taxes so that you may be priced out of the market..... nice, not.

    http://www.moneyweek.com/investments/property/get-ready-for-the-second-phase-of-the-house-price-crash-00602.aspx?utm_source=newsletter&utm_medium=email&utm_campaign=Money%2BMorning

    You need to jump on that bandwagon!

    Buy now - before its too late

    ain't nothing like the real thing - baby:)
  • nembot
    nembot Posts: 1,234 Forumite
    edited 9 February 2010 at 9:03PM
    We need to see Febuary & March numbers, to get a better picture of the next 12 months.

    That said, I'm of the opinion we'll zero growth to -10%, in the same timeframe.
  • bouche
    bouche Posts: 214 Forumite
    nembot wrote: »
    We need to see Febuary & March numbers, to get a better picture of the next 12 months.

    That said, I'm of the opinion we'll zero growth to -10%, in the same timeframe.

    Yeah lets just hang around for the next set of stats!

    That said, I'm of the opinion that......:rotfl:

    But I have been driving round and round and round in circles too - I really ought stop now:cool:
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    bouche wrote: »
    You need to jump on that bandwagon!

    Buy now - before its too late

    ain't nothing like the real thing - baby:)

    I know it is hard to believe but he has just bought.
    '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 Thatcher
  • bouche
    bouche Posts: 214 Forumite
    StevieJ wrote: »
    I know it is hard to believe but he has just bought.

    Really! I've just been bought out, accepted an offer today - low price but to a lovely couple. They'e delighted and I'm happy - can see them enjoying this place - that's important to me.:p
  • bouche
    bouche Posts: 214 Forumite
    wonderful news !! Well done

    :j

    OH! Thanks very much! :)
    We're all happy now - they':cool: can move on and I can move out
  • carolt
    carolt Posts: 8,531 Forumite

    Basically you an me the taxpayer have propped up the market to the tune of £314 billion. So to sum up, all you FTB'rs out there have been paying your taxes so that you may be priced out of the market..... nice, not.

    Whilst I 100% agree, that's hardly news.

    It's what effs me off so much about the whole thing.

    Cost the Labour party at least one vote - mine.
  • bouche
    bouche Posts: 214 Forumite
    carolt wrote: »
    Whilst I 100% agree, that's hardly news.

    It's what effs me off so much about the whole thing.

    Cost the Labour party at least one vote - mine.


    I'd be !!!!ed off too, like you nor I could make any difference!
  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Dan: wrote: »
    We have had a 20% crash, this is larger then we had in the 90s - when will people realise the 50%+ falls banded around this forum, simply will not happen?

    40% in NI and still falling :j

    OK no-one gives a !!!! about NI...probably the same way most dont give a !!!! about Aberdeen either ;)....but im happy anyway
  • bouche
    bouche Posts: 214 Forumite
    doire wrote: »
    40% in NI and still falling :j

    OK no-one gives a !!!! about NI...probably the same way most dont give a !!!! about Aberdeen either ;)....but im happy anyway

    Those in Aberdeen need to stand up and make themselves known. So as in Leeds or Hull or any other sub-city , Aberdeenions need a sense of community and belonging - They need to get themselves on the map.

    Get your flags out and make the community happen and get noticed:T
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