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Debate House Prices


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Property prices diving by up to a quarter by the end of 2012

135

Comments

  • treliac
    treliac Posts: 4,524 Forumite
    absolutely.

    in my extensive library - sandwiched between keynes, burke, voltaire, galbraith, and smith - lies a limited and signed edition simply entitled 'thoughts' by dopester. it's arguably the foremost single-volume history of UK economics ever published and has been favourably compared to 'an enquiry into the wealth of nations' in respect of its towering (and awe-inspiring) intellectual insight).

    please don't approach me with a view to purchase; I spent a lot of time, effort and money securing this gem.

    meanwhile (on my personal 'remainder' shelf) a well-thumbed copy of 'adventures in oz and how Merrie England got shafted' sits.

    finally,in a cardboard box located in my garage we find a forlorn and unread pulp fiction copy (unwanted xmas present) of 'crivens! hoose prices never come doon. they didnea an' they willnae'.
    the blurb on the jacket explains little, so I offered to donate it to oxfam (who politely declined).


    Another classic, what genius! :rotfl:
  • dharm999
    dharm999 Posts: 714 Forumite
    Part of the Furniture 500 Posts Name Dropper
    I am a simple soul, but doesnt the point of the Daily Mail article completely contradict with the point of the article today about not enough houses being built and how immigrants will need 100k new houses a year - surely that would put prices up if there is a shortage of supply? Maybe my A level economics wasnt all i thought it was cracked up to be, as the Daily Mail has to be right doesn't it?

    Confused of Grimsby.
  • carolt
    carolt Posts: 8,531 Forumite
    Bumping for the sake of balance.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    The devastating prediction comes from consultancy Capital Economics, which believes house prices could be down 5 per cent by the end of this year and continue to fall another 10 per cent next year and, a further 10 per cent in 2012.
    they really don't learn do they... what a cracking forcasters tehy are...
    Blacklight wrote: »
    Stopped clocks 'n all that:

    capital-economics-uk-house-price-forecasts.gif
  • Exocet
    Exocet Posts: 744 Forumite
    chucky wrote: »
    they really don't learn do they... what a cracking forcasters tehy are...
    Sane predictions, insane market.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Exocet wrote: »
    Sane predictions, insane market.
    you are very correct - nobody should have to pay current prices for a home.

    what do you do? make the most of it, make your own decisions and make the most of opportunities.

    the Arsenal game is heating up quite nicely now.
  • Exocet
    Exocet Posts: 744 Forumite
    chucky wrote: »
    the Arsenal game is heating up quite nicely now.
    Football? Zzzzz. Sat in front of big screen telly with a load of pies? Class.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Exocet wrote: »
    Sat in front of big screen telly
    of course you are.
  • carolt
    carolt Posts: 8,531 Forumite
    And another bump.
  • carolt
    carolt Posts: 8,531 Forumite
    And another one.
This discussion has been closed.
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