House prices fall by £40,000 in four years

DervProf

"With ultra low rates and surging demand by tenants B2L is as solid as a rock."

A rather unfortunate choice of words coming from someone in Newcastle.

LisbonLaura

The average person should stick to renting, and being average, like the rest of their lives, leaving people like me to provide them a place via BTL.

One should not hope he will meet his end down a dark alley one wet cold night, & soon

diable

pawlala wrote: »

I'd rather pay the same price for a "dump up north" than the equivalent "dump down south", at least I have a good chance of a garden!

Like in Coronation Street?

Jimmy_31

diable wrote: »

Like in Coronation Street?

Or eastenders ?

bpm_2

Anyone who still has faith in house prices and doesnt know the real value of money like precious metals needs to get some advice quick before they get their finances wiped out like the rest of the sheeple.

Sign up to an informed newsletter like at zengold.com or go on one of the lectures held in London and around the country teaching you about wealth and the markets. There is plenty to choose from. See the truth behind the tabloid lies its not too difficult, we all know theres something not right about the current banking system.

Procrastinator333

bpm wrote: »

Anyone who still has faith in house prices and doesnt know the real value of money like precious metals needs to get some advice quick before they get their finances wiped out like the rest of the sheeple.

Sign up to an informed newsletter like at zengold.com or go on one of the lectures held in London and around the country teaching you about wealth and the markets. There is plenty to choose from. See the truth behind the tabloid lies its not too difficult, we all know theres something not right about the current banking system.

That you Smeagold? Feb 11 is about the time Smeagold dissapeared after a rather embarresing meltdown.

Would be good to hear how Smeagold's strategy is going today. What was it, buy every time the price drops, it always goes back up? Let's just hope Smeagold wasn't too leveraged.

bpm_2

No its not smeagold (whoever that is) I do not do trading, Ill let people I trust to know the markets do that for me!

Anyone who bets on a price always going back up after a fall, deserves to lose all their money. They need to learn about the flows of a fiat money system and how a market works before they lose everything.

sharnad

House prices in London have been predicted to fall by 25% by the end of next years if true might be worth buyers down there holding off for a while

Dave101t

i dont know why this is a talking point, only mugs buy with a £40,000 devaluation coming. and it was obvious.

DervProf

The_White_Horse wrote: »

probably all the dumps up north. the value of houses in my street in London have gone up and are selling for more than they acheived in 2007.

i always wondered why properties in and around places like Leeds were selling for London (or near London) prices. It was ridiculous.

Yes, London is rather "special" isn't it ?

Oh how I would love to pay £300K+ for a small house and battle through the traffic each day, pay the congestion charge (maybe), or alternatively do a sardine impression on the underground.