Daily mail: House prices fall at fastest rate ever across England and Wales

tomstickland

http://www.dailymail.co.uk/news/article-2042927/House-prices-fall-fastest-rate-England-Wales--London-market-continues-flourish.html

I just spotted that.

Pimperne1

Blast those pesky distressed sellers.

wotsthat

The figures highlight the 'property apartheid' between London and the rest of the country.

It's time to dust off my 'free Nelson Mandela' single and stop buying minging South African wine.

marlonthemagnificent

this is the news that.....

- everyone knows
- some people simply can't or won't accept
- some people are terrified by, because they got far too greedy
- the daily express will never print


the housing market is going to experience the price correction it so badly needs very soon

Blacklight

They obviously read Graham's post about the LR figures.

Graham_Devon

Biggest falls since records began eh?

"but it's the daily fail...."

originalmiscellany

Graham, I think you're right. It's going to be a slow, long decrease of house values for several years - just a 1% a month drop for 2 years would make a huge difference!

J_i_m

Hmm, theres so much opposing and contradicting info and views out there, everyday seems to bring a new thread about surges either up down or very usually both in prices. It's my view that nearly all things posted about house prices here is utter !!!!!!!!. I try not to comment too often because it's a waste of energy.

The deliberate flamebaiting from one or two members on this part of the forums is particulary dissapointing.

MacMickster

J_i_m wrote: »

Hmm, theres so much opposing and contradicting info and views out there, everyday seems to bring a new thread about surges either up down or very usually both in prices. It's my view that nearly all things posted about house prices here is utter !!!!!!!!. I try not to comment too often because it's a waste of energy.

The deliberate flamebaiting from one or two members on this part of the forums is particulary dissapointing.

I completely agree. For some on this forum (but then it was set up specifically to discuss house prices and the economy) this topic is the gift that just keeps on giving. Various contradictory monthly figures, coupled with spin by the newspapers according to their readership, but I have yet to see anyone actually change their views about house prices on the basis of either the figures or someone else's analysis of them.

It reminds me of discussions about football in the pub on a Friday night before the match, and then again on the Saturday night afterwards. Then again, I quite enjoy those discussions in the pub, although a pint or two of real ale may add to the experience.

the_flying_pig

if i'd written this i would absolutely not have used the word 'apartheid' - why compare variations in inflation to something so heinous?

mind you, stretching my mind back to [as a child] reading the sports pages of my parents' DM in the early eighties, its coverage of rebel cricket tours at the time wasn't particularly suggestive of a strong anti-apartheid stance.

Thrugelmir

Pimperne1 wrote: »

Blast those pesky distressed sellers.

Must be hard to comprehend when all you've known is rising prices in your ownership lifetime.