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Debate House Prices


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SHOCK NEWS - House prices tumble rapidly

B_Blank
B_Blank Posts: 1,105 Forumite
edited 28 March 2011 at 4:41PM in Debate House Prices & the Economy
House prices were shown to have declined by a dramatic 0.8% over the month of February according to the closely watched Land Registry Survey.

It is shocking that house prices can tumble so rapidly when the cuts havent even started to bite yet, and when interest rates are at 300 year record lows.

This points to some extremely large falls when these supports for the housing market are removed.

A crash is coming, get out whilst you can is my advice.
I am not a financial expert, and the post above is merely my opinion.:j
«1

Comments

  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Get out where?

    I'm gonna sell up and live in a tent.
    Official MR B fan club,dont go............................
  • Pete111
    Pete111 Posts: 5,333 Forumite
    Mortgage-free Glee!
    icon1.gifSHOCK NEWS - House prices tumble rapidly

    QUOTE

    House prices were shown to have declining by a dramatic 0.8% over the month of February according to the closely watched Land Registry Survey.

    It is shocking that house prices can tumble so rapidly when the cuts havent even started to bite yet, and when interest rates are at 300 year record lows.

    This points to some extremely large falls when these supports for the housing market are removed.

    A crash is coming, get out whilst you can is my advice.





    Translation:


    Here fishy fishy fishy.........
    Go round the green binbags. Turn right at the mouldy George Elliot, forward, forward, and turn left....at the dead badger
  • Foggster
    Foggster Posts: 1,023 Forumite
    Arent you a little late coming to this. I fear your preaching to the converted. ;)
  • grimsalve
    grimsalve Posts: 626 Forumite
    Part of the Furniture 500 Posts Name Dropper
    ess0two wrote: »
    Get out where?

    I'm gonna sell up and live in a tent.

    I heard that tent prices are crashing too, my money is going into cardboard boxes.
  • System
    System Posts: 178,376 Community Admin
    10,000 Posts Photogenic Name Dropper
    Someone should have made a thread about this earlier.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    facepalm23.jpg
    “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”
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    HAMISH_MCTAVISH wrote: »
    facepalm23.jpg

    If nothing else you can say bears are compassionate creatures. At least he shows respect as another bull goes to the slaughterhouse.
    Why are we here?......................because we are not all there.
  • The_Fox_3
    The_Fox_3 Posts: 299 Forumite
    B_Blank wrote: »
    House prices were shown to have declined by a dramatic 0.8% over the month of February according to the closely watched Land Registry Survey.

    It is shocking that house prices can tumble so rapidly when the cuts havent even started to bite yet, and when interest rates are at 300 year record lows.

    This points to some extremely large falls when these supports for the housing market are removed.

    A crash is coming, get out whilst you can is my advice.


    Sorry B Blank, but you are going over the top here.

    This is far from rapid tumbling:), you might be well advised to tone it down a bit before the other two indicies come out in the next week, they could well dissapoint.

    You will get your crash, but you might have to wait a few more months yet.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Is B Blank like one of those NOBS_WITH_UNDERSCORED_USERNAMES?

    It can't be for real.
  • blisk3
    blisk3 Posts: 204 Forumite
    B_Blank wrote: »
    A crash is coming, get out whilst you can is my advice.
    Good advice ! :T
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