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Price Crash ITV 8pm TONIGHT....

vansboy
vansboy Posts: 6,483 Forumite
Part of the Furniture 1,000 Posts
in House buying, renting & selling
Wonder what the 'experts' will tell us!!??

Trvor McDonald's prog Friday 2 March 8pm

VB
«1345

Comments

  • ashli_2
    ashli_2 Posts: 359 Forumite
    They can !!!!!! right off.

    Lalalalala I'm not listening!!!!
    Total Original Debt: £30404.24
    Current debt: £18586.16
    Total Paid: £11857.74 38.95% :T
  • Amitoocautious
    Amitoocautious Posts: 88 Forumite
    I am sure it will be along the lines of "Don't worry property always goes up" and "nothing to see her" - they are just being doom mongers!
  • Amitoocautious
    Amitoocautious Posts: 88 Forumite
    I don't understand what you are saying ashli
  • ManAtHome
    ManAtHome Posts: 8,512 Forumite
    Part of the Furniture Combo Breaker
    Thought there might have been a mention of the high-speed rail link to France (opens later this year I think), and the possibility of finance companies clearing off to a better tax deal in Geneva.
  • nmiah786
    nmiah786 Posts: 577 Forumite
    HI All

    Just realised I missed this......

    Anyone care to summarisse for me please or does anyone know if it will be repeated?
    Debt at highest (November 2005) = £35,856

    Debt currently (August 2006) = £20,790
    &More £1,530, Egg £6,800, HSBC £3,760, Egg Loan £8,700

    Interim goal = £23,400 (Target: February 2006, Missed but acheived May 2006)
    2nd Interim Goal = £15,000, Target October 2006
    Debt Free Date = February 2008 BUT I'M GOING TO BE TRYING FOR SOONER!!! :p
  • ashli_2
    ashli_2 Posts: 359 Forumite
    Amitoocautious wrote:
    I don't understand what you are saying ashli


    Sorry, it made perfect sense in my head :rotfl:

    I mean that, as a first time buyer in my mid twenties, I am only now due to university commitments etc finding the wherewithal to buy into an ever-increasing market. So, right now, I have the choice of ignoring the doom-mongerings and mortgaging myself to the hilt or continuing to line my landlord's bulging pocket for an indefinate time until this purported 'crash' is over and done with.

    It's no choice really. I have to buy and hope for the best.

    Surely there are enough people who have been in our position for the last five years to jump on the wagon if prices start to fall and therefore stabilise the market?
    Total Original Debt: £30404.24
    Current debt: £18586.16
    Total Paid: £11857.74 38.95% :T
  • roswell
    roswell Posts: 2,447 Forumite
    any links to a recording of it i missed it DOH.
    If it doesnt pay rent sell it.
    Mortgage - £2,000
    Updated - November 2012
  • roswell
    roswell Posts: 2,447 Forumite
    Ashli,

    Out of interest how much rent are you paying and how big a mortgage would you need to buy the same property ?
    If it doesnt pay rent sell it.
    Mortgage - £2,000
    Updated - November 2012
  • bradrock
    bradrock Posts: 209 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    anyone summarise, missed it doh! glued to eastenders lol
  • exil
    exil Posts: 1,194 Forumite
    Things to ask people who predict house price crashes:-

    1. Do you own a house

    Yes?

    2. Why have you not sold it - if you believe house prices will crash, you ought to sell it and rent for the duration of the crash, then buy it back.

    I would be surprised if they have a good answer to the 2nd question.
This discussion has been closed.
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