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Debate House Prices


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Property market on the verge of panic

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Comments

  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 27 April 2011 at 4:32PM
    Obviously the housing market is cyclical, I'm hoping to buy in about a couple of years time. But I might extend that if things are still looking bad, but I can't see me not buying before 2016 (probably sooner though).

    Yes of course you need to keep a watch on the market, as I said we are merely guessing. I remember back in the early 90's everyone thought that I was mad buying then. But by 1991 prices had more or less bottomed out and really just stagnated for about the next 4 years (at least in London) before picking up. I think that's more or less where I think we are now, but maybe a short dip before the stagnation.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • B_Blank
    B_Blank Posts: 1,105 Forumite
    Some nice bear food here, thanks Macaque
    I am not a financial expert, and the post above is merely my opinion.:j
  • LisbonLaura
    LisbonLaura Posts: 1,121 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    At the bottom until 2034 LOL, do me a favour that is just plain daft, you have just demonstrated to the entire forum how silly you are,

    What a rude little man you are, & ignorant with it; never mind your vested interest.
    No doubt you are still stuck in nominal land just like Sibley.
    I will check back in say 2016? & see how you are 'progressing'.
  • house prices might go up, might go down, might stay the same. same with interest rates (although more likely to go up than down). that is all you need to know.

    that said, i can't afford a 4 bedroom detached in a decent area, so they are overpriced.
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 27 April 2011 at 5:12PM
    What a rude little man you are, & ignorant with it; never mind your vested interest.
    No doubt you are still stuck in nominal land just like Sibley.
    I will check back in say 2016? & see how you are 'progressing'.

    I don't need to 'progress' I bought most of my properties in the early 90's, the risks were taken long ago and paid off a fair time ago too.

    As for my rudeness, far less than you when talking about 'low life btlers on another thread. Like most forumites you don't like it thrown back at you do you?
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • LisbonLaura
    LisbonLaura Posts: 1,121 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I don't need to 'progress' I bought most of my properties in the early 90's, the risks were taken long ago and paid off a fair time ago too.

    Fair enough chuck, great rental income. However I will stick to my view on real capital growth (from 2005 on, fwiw), even though it seems daft to you & many others.
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