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MSE News: Halifax: House prices dipped slightly in July

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Comments

  • sinbad182
    sinbad182 Posts: 619 Forumite
    500 Posts
    brit1234 wrote: »
    Not really in fact they are very similar. London and North Ireland (with the exception of Sandbanks) were the biggest 2 areas property speculators went crazy and we had the biggest price rises. Both were totally unsustainable. The big difference was the Euro crisis where foreign investors ploughed 100s of millions Into London property as a store of wealth. Property prices in some parts of London are now higher than the peak of 2007 even despite the poor state of the economy. They are not buying value but paying any speculative asking price often over. Its not rational, its panic buying. However the high end market in volume is collapsing in volue after the tax changes in April and they are now turning to Germany instead of London.

    The potential collapse in London is likely to be on a scale of Northern Ireland. I'm not saying this as I want to buy in Park Lane but in the suburbs

    I have never read such garbage in my life. Its like he thinks repeating his plucked from thin air hypothesis will some how make them come true.

    London prices will not reduce significantly - the sheer power of demand will see to that, regardless of what happens with the economy.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    sinbad182 wrote: »
    Hey Brit, how come whenever someone points out the repeated rubbish you troll a house buying and selling board with, or asks a tough question, you immediately place them on ignore?

    Is this because you know how ridiculous you look posting the same false prophecies for the last 5 years, how bizarre your mind works to register everything you own and use to another address, and how bitter you appear due to the fact you will clearly never be able to buy a house unless they drop to the 1950s levels you have clearly budgeted for?

    It's a disgrace that you haven't been banned from trolling this nonsense here. This is a really useful forum full of very knowledgeable people that helped me greatly when I bought my first place two years ago. You were here trying to put the wind up myself and others back then, it's laughable that you're allowed to spam the place up with the same inane nonsense two years later.

    I'd thank that twice if I could.

    Brit1234 has been laughed out of the "debate house prices" board, so now trolls the "house buying board" instead spouting the same old discredited rubbish.

    A bit sad really.
    “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”
  • mr_fishbulb
    mr_fishbulb Posts: 5,224 Forumite
    Part of the Furniture Combo Breaker
    Brit1234 has been laughed out of the "debate house prices" board, so now trolls the "house buying board" instead spouting the same old discredited rubbish.
    That's because MSE keep sticking House Price articles on this board :(
  • RenovationMan
    RenovationMan Posts: 4,227 Forumite
    That's because MSE keep sticking House Price articles on this board :(

    It makes you wonder why they bother having the Debate house price board if they are going to post articles in here and attract in all the HP nutters.
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