Debate House Prices


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Property 20-30 % overvalued

We have heard it all befor I know.. but this guy should know !!... and doesn't appear to have an axe to grind one way or the other now..watch & learn !!

http://news.bbc.co.uk/1/hi/business/7397171.stm

Comments

  • annie123
    annie123 Posts: 4,256 Forumite
    1,000 Posts Combo Breaker
    I agree it is at least 25% over the top.
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    ultra10 wrote: »
    We have heard it all befor I know.. but this guy should know !!... and doesn't appear to have an axe to grind one way or the other now..watch & learn !!

    http://news.bbc.co.uk/1/hi/business/7397171.stm

    This would fall in with the 22% above long term trend graph, although with Junes figures about to be released, maybe it's down to about 20% ;)

    Remember, this is a UK average.
    An average can be affected by greater drops in some areas, thus your area could drop much more or much less
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • AceCobra1
    AceCobra1 Posts: 620 Forumite
    I was more impressed with that Phantom lol
  • ultra10
    ultra10 Posts: 379 Forumite
    AceCobra1 wrote: »
    I was more impressed with that Phantom lol
    Indeed !! lovrly .. i'll have one once ive made my fortune in my BTL empire :rolleyes:
  • ultra10
    ultra10 Posts: 379 Forumite
    hmmmmmmmmmm
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