Prices will fall by 50% in four years

nollag2006

Thrugelmir wrote: »

Death by a thousand cuts. So a long slow one............

Well it's been 4 years so far.

How much longer do we have to wait for this 50% fall?


Face it - it's fantasy

Pobby

chucky wrote: »

I'm good Abers, I actually did a course on How to be a Counsellor. Definitely needed to help out the guys that have screwed up their lives like Devon. As you can see I'm there for them.

How's the family keeping Abers?

A nasty and not in keeping with MSN guidelines remark.

chucky

Pobby wrote: »

A nasty and not in keeping with MSN guidelines remark.

I'm very sure you'll get over it. If you don't, send me a PM and I'll be there for you to put a nice little band aid on for you.

Gastines2

This is not from the same traders who said interest rates payable on savings would hit 8% last year is it?

Thrugelmir

nollag2006 wrote: »

Well it's been 4 years so far.

How much longer do we have to wait for this 50% fall?


Face it - it's fantasy

Ten year rise in house prices is now 56%.

Compared to 100% in 2007.

So the HPI ship does appear to be sinking slowly.

Whatever your delusions are telling you.

Graham_Devon

nollag2006 wrote: »

I believe it is.

As I say, its sheer fantasy.

Still, June 9th is only a few weeks away and we can see if twit1234 and Thrugelmir's predictions come to pass.

Somehow, I doubt it

You are just licking your lips at the prospect at being able to say "ha, you were wrong" arent ya!!! It's like a continual countdown to your big event!

Thrugelmir

[QUOTE=nollag2006;52968249
Still, June 9th is only a few weeks away and we can see if twit1234 and Thrugelmir's predictions come to pass.

[/QUOTE]

Have never made a prediction.

Just forecast the general direction.

sims01

Actually, the article only predicted a 50% drop in real terms, i.e. including inflation. Given we had 14.5% cumulative inflation over the last 4 years and a roughly 20% drop in nominal house prices, it's not that far off.

chucky

brit1234 wrote: »

At present more and more buy to let investors are going bust. If prices continue falling then MARGIN CALLSwill become a household phrase like sub prime and credit crunch.:eek:

Margin calls haven't become a household phrase in my household, do you use it much in your [STRIKE]house[/STRIKE] sorry property you're renting from a landlord?

chucky

Thrugelmir wrote: »

Ten year rise in house prices is now 56%.

Compared to 100% in 2007.

So the HPI ship does appear to be sinking slowly.

Whatever your delusions are telling you.

Round my way it's still over 100%, it would be good for you to see the world and see a more diverse society.