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Debate House Prices


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Average price of FTB properties down 23% since peak says lloyds.

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Comments

  • geneer
    geneer Posts: 4,220 Forumite
    edited 20 December 2011 at 5:34PM
    Benjamin123 wrote: »
    Which year (& month?) Did UK or Scotland prices become "cheap" or fall below 3.5 times average wages?

    Benjamin

    20% cheaper. Was good enough for me.
    Benjamin123 wrote: »
    This is why a HPC never happened in the UK as propery never became a dirty word.

    Even uber bears like Geneer and Merryn were buying in 2009 / 2010.

    Thus they helped stop a potential HPC developing after the froth came of the market in 2008.

    Benjamin

    20% of froth in my case.
  • geneer
    geneer Posts: 4,220 Forumite
    Wheezy wrote: »
    I bought in 2009 also and nobody made a big fuss about it. It's just not fair.

    A fair point.
    I have no Idea why they are so upset about the fact that a single individual bought in December 2009.
    All very strange.
  • geneer
    geneer Posts: 4,220 Forumite
    Benjamin123 wrote: »
    The irony Geneer is that you have played your part in ensuring a HPC does not happen. After house prices rise 300% in 10 years you buy in at a level with just the froth taken of the top off that boom.

    Benjamin

    A bit of a strange statement PropertyGuru.
    The HPC has happened.
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    geneer wrote: »
    A bit of a strange statement PropertyGuru.
    The HPC has happened.

    But we're only about half way through it gen :beer:
  • nollag2006
    nollag2006 Posts: 2,638 Forumite
    Dan: wrote: »
    But we're only about half way through it gen :beer:

    I'm still holding out for the 70% club to be proved right.

    According to my calculations - we should be in for a 70% price drop by Christmas 2009.
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    yes nollag, you have to admire the 70% club - can you imagine if that dream came true - i'll be able to purchase a whole street on my 0% Credit Card
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Can I just get this clear.

    Bear + house purchase = loser
    Bear + renting = loser

    Think its a lose lose situation.
    Have my first business premises (+4th business) 01/11/2017
    Quit day job to run 3 businesses 08/02/2017
    Started third business 25/06/2016
    Son born 13/09/2015
    Started a second business 03/08/2013
    Officially the owner of my own business since 13/01/2012
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Percy1983 wrote: »
    Can I just get this clear.

    Bear + house purchase = loser
    Bear + renting = loser

    Think its a lose lose situation.

    No bear who makes house purchase and lies about it for 2 years = loser
  • geneer
    geneer Posts: 4,220 Forumite
    Percy1983 wrote: »
    Can I just get this clear.

    Bear + house purchase = loser
    Bear + renting = loser

    Think its a lose lose situation.

    Kinda amusing though really.
  • geneer
    geneer Posts: 4,220 Forumite
    Dan: wrote: »
    But we're only about half way through it gen :beer:

    I suspect you're right. :T
    Dan: wrote: »
    yes nollag, you have to admire the 70% club - can you imagine if that dream came true - i'll be able to purchase a whole street on my 0% Credit Card

    The 70% Club.
    Bears who plan to never buy.
    The secred cabal of STRs.

    The list if fictional enemies grows ever larger.
This discussion has been closed.
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