Debate House Prices


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Prices will fall by 50% in four years

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Comments

  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Come on, have a day off you lot. No chance of house prices falling 50%.
  • neas
    neas Posts: 3,801 Forumite
    in the end this drop in prices will be better for all involved :).

    Its just going to hurtl.... like when your leg is broken.... it needs correcting.... its painful but in the long run its better for you.
  • SingleSue
    SingleSue Posts: 11,718 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Dan: wrote: »
    I applied for a personal loan over the weekend from my bank (Halifax) for 25K and was accepted stright away. Just been down to the branch to sort out the paper work and the funds will be transfered to my Current Account tomorrow.

    What credit crunch?


    Getting a loan and owing someone that sort of amount would give me the serious heebie jeebies! :eek:
    We made it! All three boys have graduated, it's been hard work but it shows there is a possibility of a chance of normal (ish) life after a diagnosis (or two) of ASD. It's not been the easiest route but I am so glad I ignored everything and everyone and did my own therapies with them.
    Eldests' EDS diagnosis 4.5.10, mine 13.1.11 eekk - now having fun and games as a wheelchair user.
  • tradetime
    tradetime Posts: 3,200 Forumite
    neas wrote: »
    in the end this drop in prices will be better for all involved :).

    Its just going to hurtl.... like when your leg is broken.... it needs correcting.... its painful but in the long run its better for you.
    Unless of course the break is so bad the only treatment is amputation.. Bad is rarely better for you, better for you is to avoid the problem in the first place, of course we are long past that now, just be aware, the treatment does not always fix it "as good as new"
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    SingleSue wrote: »
    Getting a loan and owing someone that sort of amount would give me the serious heebie jeebies! :eek:

    25K is not a lot of money.
  • Paul_N_4
    Paul_N_4 Posts: 344 Forumite
    mymatebob wrote: »
    Thank goodness I bought my house a long time ago.

    50% drop would still leave me well in profit.

    But then I bought my house to live it - not for speculation or to let or to be an investment - it is my home.

    And that's why you used the word "profit"?
  • Snooze
    Snooze Posts: 2,041 Forumite
    1,000 Posts Combo Breaker
    neas wrote: »
    Will pickles be as 'wealthy' when houses drop 50%, I dont wish misery on him, but his own spite and venomness could equally be reversed on himself.

    Give it a few years and pickles will have had a life experience meaning he is not such an a$$

    Pickles was never wealthy to begin with. He made his money from scamming businesses.... Tesco, for example! :rotfl:

    Rob
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    mitchaa wrote: »
    I will eat my own hat

    Based on the £180k....you can either buy a mansion or indeed 2 x average priced homes:rolleyes:

    Yeah right!!!

    /quote]


    Do you want chips with the hat:rotfl:

    I've bought a bit of property in Germany - that funny place where they actually make things like cars and gas turbines.

    An 80m population, the worlds largest exporters (that right well ahead of Japan and USA) and I can buy a mansion for £50,000 with 3 fishing lakes - thats right you read it correctly.
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    Dan: wrote: »
    25K is not a lot of money.

    £25k is really quite a few quid.
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • slipthru
    slipthru Posts: 611 Forumite
    Part of the Furniture 500 Posts
    £25k is really quite a few quid.

    Thats what i thought especially when lots don't even earn that in a year.
    In Progress!!!
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