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Debate House Prices
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Nationwide out 0700 Thursday 1 Sep
Comments
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Barring the unexpected this is going to be a significant report.
Apart from a +0.1% back in March Halifax, LR and Nationwide have been YoY negative for the year so far.
The surge in prices last year is now starting to drop out of the stats and where we previously saw red I suspect we shall now be seeing blue:
http://www.housepricecrash.co.uk/indices-nationwide-national.php.
I predict a rise of between 0.1% and 0.3%.
I think you'd better send your Crystal ball back :rotfl:0 -
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Stagnation... get used to it peeps...
Demand at the bottom is too high for their ever to be massive falls, there may be fall out, but the only reason there will be further falls is when liquidity dries up, and the only way to buy will be cash... position yourself correctly and you will make a killing. Otherwise... it aint going to happen.Plan
1) Get most competitive Lifetime Mortgage (Done)
2) Make healthy savings, spend wisely (Doing)
3) Ensure healthy pension fund - (Doing)
4) Ensure house is nice, suitable, safe, and located - (Done)
5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)0
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