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Debate House Prices
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Prices will fall by 50% in four years
Comments
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Isn't that How times change?
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mr_fishbulb wrote: »Did you seriously revive this thread just to write that?
Or was your intention to point out that brit1234 posted a thread in 2008 saying that house prices will drop by 50%, but now it looks unlikely so we can all have a big laugh at him?
He said within 5 years - some way to go yet.
Times do indeed change. It's very good that Stevie and chucky realise that. Even if they can't spell it.
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mr_fishbulb wrote: »Did you seriously revive this thread just to write that?
Or was your intention to point out that brit1234 posted a thread in 2008 saying that house prices will drop by 50% in 4 years, but now it looks very unlikely so we can all have a big laugh at him?
The thread was already linked today, I just noticed the comment when I followed the link, but now you mention it
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
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yes, how times change. here's the latest update 5 year update - they've given up on the 50% down scenario and predicted rises now
The main problem with that graph is that there were signs of a correction in 2004. However, the government & BOE panicked and interest rates were lowered. If we'd had a small correction then, we wouldnt be in this rediculous mess.0 -
There is no price crash. It's just a blip. It'll all be over in a couple of months.
Signed,
Pickles110564, Mr. Broderick, IveSeenTheLight, Dan:, BTLnewbie, etc
Well maybe 8 months 'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Except that this is a false bottom driven by ZIRP, QE and deferred repossessions.
When do you think that the average house price will fall below this false bottom?"I can hear you whisperin', children, so I know you're down there. I can feel myself gettin' awful mad. I'm out of patience, children. I'm coming to find you now." - Harry Powell, Night of the Hunter, 1955.0
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