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Debate House Prices


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Most of the indcies out next week, should be interesting

Should be an interesting next week when the indicies start coming out showing actual selling price.
They should be interesting with the many of the property bulls claiming we have now taken off again.
I really do not have much of an idea what they are going to show, I suspect not much of a "new property boom", but lets wait and see:)

Any predictions peoples?
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Comments

  • nollag2006
    nollag2006 Posts: 2,638 Forumite
    50% down by Christmas 2009
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 25 February 2012 at 11:04AM
    nollag2006 wrote: »
    50% down by Christmas 2009

    Priceless. A Brit1234 classic.

    Almost up there with legion of 2009 predictions like "Crash cruise speed" - 1% to 2% down every month all year.:rotfl:

    But seriously, no idea and pretty much stopped caring. They've been stagnating for years now, so it's not worth arguing about.

    Feb should be the lowest month of the year. It'll be a surprise if it's a rise.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • Jimmy_31
    Jimmy_31 Posts: 2,170 Forumite
    nollag2006 wrote: »
    50% down by Christmas 2009

    The new build apartments around here are down by more than 50%.

    They were not down that far in 2009, but they are now.

    100k new build apartments around here are now sitting on the market at 35 to 40k.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Any predictions peoples?

    Up a bit or down a bit.

    Almost as exciting as waiting for the BoE interest rate decisions these days.

    I predict that people who own houses will still be glad they bought although they won't be having any street parties and those hoping for a big crash will continue to be disappointed. I also expect real terms to get a couple of mentions.
  • Priceless. A Brit1234 classic.

    Almost up there with legion of 2009 predictions like "Crash cruise speed" - 1% to 2% down every month all year.:rotfl:

    But seriously, no idea and pretty much stopped caring. They've been stagnating for years now, so it's not worth arguing about.

    Feb should be the lowest month of the year. It'll be a surprise if it's a rise.


    Can you let the rest of us into the joke, most of us have not spent half our lives posting on this board with 15000 plus efforts(wow).

    It does some like one of the big bull defences for there not being a crash is because somebody YOU know seems to have said there would be one in this or that year.

    A few people were making the point a decade ago that Greece's finances were a mess, yet year after year most carried on as nothing was wrong.

    I reminds of the story of a bloke jumping off a 50 story building and then passing the 7th floor shouting out "see I am still alive, what do you doomsters know"


    Why don't some of you and your bull poster mates(not all) stop !!!!!ing about individuals and try and have a grown up debate.

    If you can convince me that waiting two or three years to buy a property is a bad idea and you turn out to be right, you will be a friend of mine for life, seriously!.
  • He's only actually posted 10,000 times. 1.5 people thanked him for this.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Can you let the rest of us into the joke, most of us have not spent half our lives posting on this board with 15000 plus efforts(wow).

    Come on Foxy, you trying to say you've never heard about Brit's house price predictions?

    What's your total post count if you add all your sockies together by the way?
  • nollag2006
    nollag2006 Posts: 2,638 Forumite
    wotsthat wrote: »
    Come on Foxy, you trying to say you've never heard about Brit's house price predictions?

    What's your total post count if you add all your sockies together by the way?


    Yup - brit's house predictions and understanding of economics are comedy gold

    illo_dunce.jpg&sa=X&ei=COtIT_TyHo628QOI9qy0Dg&ved=0CAwQ8wc&usg=AFQjCNEB2hBsHHQidCqJ7S-Y4EeYfD1KLA
  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    nollag2006 wrote: »
    Yup - brit's house predictions and understanding of economics are comedy gold

    illo_dunce.jpg&sa=X&ei=COtIT_TyHo628QOI9qy0Dg&ved=0CAwQ8wc&usg=AFQjCNEB2hBsHHQidCqJ7S-Y4EeYfD1KLA

    On a par with your prediction from early last year that the UK economy was accelerating.
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    Jimmy_31 wrote: »
    The new build apartments around here are down by more than 50%.

    They were not down that far in 2009, but they are now.

    100k new build apartments around here are now sitting on the market at 35 to 40k.

    Linky? (although I still wouldn't buy one - they'd have to pay me to take it on and even then I'd need to know that it wouldn't end up costing me because no-one else would pay their maintenance costs).
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