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Debate House Prices


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House prices to rise 25% by year 2015.....

Sibley
Sibley Posts: 1,557 Forumite
Ninth Anniversary Combo Breaker
edited 21 February 2012 at 9:24AM in Debate House Prices & the Economy
I predict the average house price will be over 200k by 2015 rising to around 250K by 2020.

London SE will possibly be stronger than that.
We love Sarah O Grady
«1345

Comments

  • quantic
    quantic Posts: 1,024 Forumite
    Part of the Furniture Combo Breaker
    Yawn, thanks for the bed time story... it has made me all sleepy.
  • Wonderful news. Thanks. On the strength of your advice, I have taken a very large payday loan [cheap at only 825% interest] and bought a lovely BTL in Buckhurst Hill for £300K.

    Gin & Tonics all round!
  • MrRee_2
    MrRee_2 Posts: 2,389 Forumite
    I think Sibley has a point and a very wise insight into the future of house prices.

    Myself, I would predict an increase just ahead of wage rises for each of the next 10 years.

    Looking at my area, payrises are running at about 6% per annum.

    And 6% per annum increases from here are very much on the cards in the South.

    Of course, there are winners and there are losers, but - generally - people are in valuable jobs and paid accordingly, with annual rises to suit their station in life.
    Bringing Happiness where there is Gloom!
  • spadoosh
    spadoosh Posts: 8,732 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    Yay, im on minimum wage, glad to see my house will be worth 25% more in the next 3 years, like posted earlier, gin and tonics all round!
  • MrRee wrote: »
    I think Sibley has a point and a very wise insight into the future of house prices.

    Myself, I would predict an increase just ahead of wage rises for each of the next 10 years.

    Looking at my area, payrises are running at about 6% per annum.

    And 6% per annum increases from here are very much on the cards in the South.

    Of course, there are winners and there are losers, but - generally - people are in valuable jobs and paid accordingly, with annual rises to suit their station in life.

    sibley talking to himself again dudes only a matter of time before Mr. Pinkpants turns up now too
    Maidstone Prices - average reductions at 8.5% (£19,668) Feb 2012 - We thought the dudes were not allowed to drop prices?
  • MrRee wrote: »
    I think Sibley has a point and a very wise insight into the future of house prices.

    Myself, I would predict an increase just ahead of wage rises for each of the next 10 years.

    Looking at my area, payrises are running at about 6% per annum.

    And 6% per annum increases from here are very much on the cards in the South.

    Of course, there are winners and there are losers, but - generally - people are in valuable jobs and paid accordingly, with annual rises to suit their station in life.


    Look Mate, can you really not see it:)

    Every poster on here can see as clear as daylight that you are holding an imaginary conversation with yourself(sibley, MrsRees, postive_equity etc etc).

    Honestly, and don't take this as a dig, if you think that you are getting away with it please continue, nobody is being fooled.
  • Sibley wrote: »
    I predict the average house price will be over 200k by 2015 rising to around 250K by 2020.

    London SE will possibly be stronger than that.


    Yes 'prices' may rise that much if the bank of England keeps on adding Billions of £ to the supply and inflating everything.

    But the value of houses can be falling as prices will not keep up with currency expansion.
  • Sibley wrote: »
    I predict the average house price will be over 200k by 2015 rising to around 250K by 2020.

    London SE will possibly be stronger than that.

    Q. What happens when you have been moligated by a thread like this?

    https://forums.moneysavingexpert.com/discussion/3806535

    A. Make up a stupid prediction and use your two sockies to thank you
    Maidstone Prices - average reductions at 8.5% (£19,668) Feb 2012 - We thought the dudes were not allowed to drop prices?
  • MrRee_2
    MrRee_2 Posts: 2,389 Forumite
    Look at all the saddo losers posting about the persons rather than the subject matter .... if they had another brain cell to go with the single one they are blessed with they could be dangerous.
    Bringing Happiness where there is Gloom!
  • MrRee wrote: »
    Look at all the saddo losers posting about the persons rather than the subject matter .... if they had another brain cell to go with the single one they are blessed with they could be dangerous.

    Best thing is to ignore them and keep posting on topic, Mr. Ree.
    I had a thread earlier about the excellent public finance figures which seems to have been pulled as it was ruined by the usual sockies.

    http://www.bbc.co.uk/news/business-17109999
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