Debate House Prices


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MSE News: Nationwide: house prices continue to drop

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Comments

  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Sibley wrote: »
    I swear to god that's not me.

    I do use Bangkok_Dave on my work pc as I've said before. My company security doesn't do personal e mail address's.

    I'm not that into house prices today. Fair enough bears. Any drop news is good for you.

    I've just brought home my new Akita puppy. :)

    Got my hands full at the moment.

    Pumping puppies now sibley? :eek:


    Sibley why did you delete your post? Pity i quoted it before hand :)
  • DervProf
    DervProf Posts: 4,035 Forumite
    chucky wrote: »
    it's his middle name

    i don't see why you should feel the need to be a racist and hate anything not white...

    i don't also see the need for you to use multiple user names on this forum...

    i'm sure Dervprof will be along in a moment to say that's all ok though...

    I won`t, and it`s not.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • Sibley
    Sibley Posts: 1,557 Forumite
    Ninth Anniversary Combo Breaker

    Quote:
    Originally Posted by Sibley viewpost.gif
    I've just brought home my new Akita puppy. :)

    Got my hands full at the moment.


    How fortunate.

    You won`t have time to dwell on........

    Quote:
    Originally Posted by Bangkok-Dave viewpost.gif
    Another piece of hard evidence.
    No way are house prices ever going down.

    So every property in every EA will be reduced by £1500 tomorrow?:rotfl:

    You know we just add 10% to the asking price when stats go down. You won't win and get a cheap place. We won't allow it.
    Pumping puppies now sibley?

    I bet you are sexually frustrated. Your wife stopped doing it with you after your first child didn't she?:rotfl:
    We love Sarah O Grady
  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Sibley wrote: »
    So every property in every EA will be reduced by £1500 tomorrow?:rotfl:

    You know we just add 10% to the asking price when stats go down. You won't win and get a cheap place. We won't allow it.



    I bet you are sexually frustrated. Your wife stopped doing it with you after your first child didn't she?:rotfl:

    woof woof! Do you know Keith Lard by any chance?
  • leitmotif
    leitmotif Posts: 416 Forumite
    Part of the Furniture 100 Posts Combo Breaker Name Dropper
    And that's exactly why the bears won't be getting their crash.

    Their last great hope for the level of forced sales needed to trigger a proper crash was mass redundancies from the spending review, and/or a double dip recession.

    But with the vast majority of the job losses coming from natural attrition, there won't be the compulsory redundancies required to trigger forced selling.

    And with growth being significantly stronger than expected, the prospect of a double dip recession is also fading fast.

    Doesn't recovery mean interest rates will be put back to 'normal' levels? That would certainly increase forced sales.
  • leitmotif
    leitmotif Posts: 416 Forumite
    Part of the Furniture 100 Posts Combo Breaker Name Dropper
    Maths isn't my subject, but could anyone explain how a 0.7% fall involves a drop of £2400 to £164,381. Adding these two figures together we get £166,781 (the figure from which they've fallen). If this falls to £164,381, then that's a 1.44% fall.
  • Blacklight
    Blacklight Posts: 1,565 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    leitmotif wrote: »
    Maths isn't my subject, but could anyone explain how a 0.7% fall involves a drop of £2400 to £164,381. Adding these two figures together we get £166,781 (the figure from which they've fallen). If this falls to £164,381, then that's a 1.44% fall.

    They're seasonally adjusted.

    Interestingly a 1.4% increase in a £166,000 mortgage over 25 years is equal to around an extra £200 per month cost.

    Still eager for rates to go up?
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Cleaver wrote: »
    I'm actually seriously starting to think that you really do think this simplistically Brit.

    He's only saved 'thin air' till he actually buys.
    Official MR B fan club,dont go............................
  • de1amo
    de1amo Posts: 3,401 Forumite
    1,000 Posts Combo Breaker
    edited 28 October 2010 at 5:19PM
    i moved out of the uk 4 years ago 2006 (which doesnt coincide with Devon's graph)--my remaining property there has gone down substantialy in value--my shares are down in value and the value of any cash i have saved has reduced due to the low value of the pound--against the place i now live i am much poorer than the man that arrived!!
    Fortunately i bought a very realistically priced home on my arrival -- prices are linked to affordability-and not inflated to multiples of salaries--i earnt enough in 3 years of teaching English to foreign students to start a business that now thrives--no need for credit just real values with salaries that have real value!--oh and i have doubled my savings here by doubling my money by buying gold 20 months ago--the preferred savings of most people here--even the banks offer 8,5pc!!
    i personally cant see any other way for the uk--massive property price decreases and wages to come under pressure--with no growth in wages and banks unwilling to lend property prices cannot defy gravity--even the gov is pulling the rug from under people who become unemployed and have mortgages-all adds up to decreases in values of properties
    mfw'11 No68- 55k mortgage İO--little to nothing saved! i must do better.
  • Sibley wrote: »
    I've just brought home my new Akita puppy. :)

    Got my hands full at the moment.

    Yeah, I bet that's what you've been telling the girlies to get a handfull of ;)

    Puppies.........:rotfl:
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