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Debate House Prices
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So no higher than 2004 then!
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Crashy_Time wrote: »Why is the title of this thread "So no higher than 2004 then!"?
It's true for large parts of the country prices are similar to 2004 so doesn't that show that HPI is only a problem in London and the south east
You had your crash in 2007/80 -
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Crashy_Time wrote: »The next crash will be bigger IMO.
You surprise me0 -
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Crashy_Time wrote: »You surprise me, it took you longer than 15 seconds to bite this time. Doesn`t matter if I stay away for a week or a month, anything pro-crash is quickly jumped on by one of the HPI goons around here. Do you guys just lurk all day every day?
6 min actually but I had just finished watching England thrash Scotland on ITV+1 had a quick look and there you were.0 -
6 min actually but I had just finished watching England thrash Scotland on ITV+1 had a quick look and there you were.
A likely story, you were taking watch while Hamish pulls his hair out about Aberdeen reverting to just being a rock in the sea when oil finally stops pumping house prices there.0 -
Just been searching threads for information on house prices across the country as I'm looking to invest in some buy to lets ...... house prices the same as in 2004 outside of London??? That's certainly not what we're seeing in Yorkshire where we're now past the peak of 2007. Found an interesting news article on a site called locationcounts (can't post a link I'm afraid as I'm a new user) which shows that most of the country apart from the NW has caught up and is now exceeding the 2007 peak.0
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It's not really news. Everyone knows London has been propping up the average prices that the media focus on.
London's peaked for now, unless oil continues to fall and more Russian money floods in. The rest of the UK will now catch up (rising by 15-20% as London has this year), but you will only see headline numbers of 1-2% and the MSM will bash the Tories for a slowdown in the market, no doubt.
Bottom line is buy now as prices outside London will pick up this year, not that you'll see any evidence of it in the headlines (just as you haven't seen the rises outside of London in 10 years, despite recent warnings of an 'overheating market').0 -
Crashy_Time wrote: »A likely story, you were taking watch while Hamish pulls his hair out about Aberdeen reverting to just being a rock in the sea when oil finally stops pumping house prices there.
Not a bad call considering what has happened to oil prices. :money:0
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