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Debate House Prices
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Rightmove Feb: +4.1% - Prices rise at fastest rate in a decade!!!
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Another thread ruined by MrRee and his stupid multiple identities. Thanks guys. I mean guy.0
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Not quite; sales are going through below the asking price and frequently below the previous asking price, this is especially true at the lower end of the market (i.e. not mansions in London).
Reported ... as misrepresenting the quoted members name.
Against the rules and you should be banned for such breaches.Bringing Happiness where there is Gloom!0 -
Mr._Pricklepants wrote: »Well done Percy.
What the doomers also seem to ignore is that restricted lending conditions in the past 3-4 years means an increasing number of FTB's with a decent deposit now entering the market.
They talked to their bank in 2010 with a 5% deposit and the bank said 'no'. They went back to the bank in 2012 with 20% deposit and the doors open wide now. Good news :T
ok dude that old chestnut of "2012 will see a wave of ftb with huge deposits"
thing is Mr ree its all in your headMaidstone Prices - average reductions at 8.5% (£19,668) Feb 2012 - We thought the dudes were not allowed to drop prices?0 -
This is truly great news .. it means that the FTB's have now saved up the required deposits and are out there buying!!
Utterly wonderful that the FTB's can realise the dream of owning their own home .. we can all REJOICE in that, surely?
An active, strong, housing market is just what the doctor ordered to get the economy going again.
If your house price goes up 5% in a month - say, £8,000 on average - then you are MUCH more likely to buy that new car, that new kitchen, that new suite and carpet ... it all knocks onto a brilliant 2012!!Bringing Happiness where there is Gloom!0 -
Mr._Pricklepants wrote: »Well done Percy.
What the doomers also seem to ignore is that restricted lending conditions in the past 3-4 years means an increasing number of FTB's with a decent deposit now entering the market.
They talked to their bank in 2010 with a 5% deposit and the bank said 'no'. They went back to the bank in 2012 with 20% deposit and the doors open wide now. Good news :T
I do agree there is going to be a steady stream of FTBs making it now, but I don't think we will get to the same numbers as we did with the old system, so I don't think we will see the free for all which pushed prices up again.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 13/01/20120 -
chewmylegoff wrote: »Another thread ruined by MrRee and his stupid multiple identities. Thanks guys. I mean guy.
It's so obvious.0 -
If your house price goes up 5% in a month - say, £8,000 on average - then you are MUCH more likely to buy that new car, that new kitchen, that new suite and carpet ... it all knocks onto a brilliant 2012!!
the posts of FAIL just keep coming dude!
so let me get this straight man :eek:
someone owns a house it goes up in value by 8k per month :rotfl:so that means the dudes feel richer and go out and spend? the dudes dont actually get 8k per month lodged into their back accounts man!
classic stuff from mr ree! :TMaidstone Prices - average reductions at 8.5% (£19,668) Feb 2012 - We thought the dudes were not allowed to drop prices?0
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