House Prices Now At 2004 Levels
12 June 2010, 01:40 PM
#1711
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Les
01 July 2010, 08:40 AM
#1713
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01 July 2010, 09:58 AM
#1714
House prices ain our village have definately come down. If a house came up for sale,it was usually gone within a few weeks.
Now they seem to be sticking.... One 2 bed terrace started at £170,000 is now £150,000.
4 bed semi was £500,000 now dropped to £450,000...
Now they seem to be sticking.... One 2 bed terrace started at £170,000 is now £150,000.
4 bed semi was £500,000 now dropped to £450,000...
01 July 2010, 10:08 AM
#1715
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"Property is 27% overvalued - but I'm still buying"
from the author of the article just about sums it up
there will be a housing crash at some point -- but I think peoples inability to make thier mortgage payments will be the least of the problems
from the author of the article just about sums it up
there will be a housing crash at some point -- but I think peoples inability to make thier mortgage payments will be the least of the problems
Last edited by hodgy0_2; 01 July 2010 at 10:09 AM.
01 July 2010, 11:52 AM
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Les
01 July 2010, 01:54 PM
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Lol, they will probably think they need to go lower. Get more people spending by making borrowing attractive. That is, borrowing money that isn't there to be borrowed. Smart thinking, and it's the way we got into this mess in the first place. But it's bound to get us out. Surely? 
01 July 2010, 02:03 PM
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The bankers should go to gaol for that!
Les
01 July 2010, 02:22 PM
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15 July 2010, 07:32 PM
#1726
And dont forget ,after the abolition of the HIPS pack ,a lot more properties are speculatively coming on the market ,hence it will stop prices rising in the short term until things settle down .I think the worst is over .Interest rates will not be shooting up any time soon either .I am seeing increased numbers of Sold signs on all types of properties .
Get out there and buy that dream home folks .!!!!! Enjoy ..
Get out there and buy that dream home folks .!!!!! Enjoy ..
15 July 2010, 08:58 PM
#1727
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I wouldn't be so sure of that. Even with the *staggering public sector cuts* (BBC emphasis ....) the country will still see more government spending at the end of this parliament than at the start - it's just the rate of increase that's been slowed. So, basically, we're still in the ****.
And what's happening in the US? See ... http://housingstory.net/2010/07/08/p...break-expires/ ... for some of the story. And, as the most *prudent* Chancellor in British history said, "..it all started in America ..." ....
I see the sh{t hitting the fan fairly soon.
Dave
16 July 2010, 02:07 AM
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I bought in the last government, nice 4 bed house quite cheap for the size of it, unfortunately due to labour, the production site that I worked on closed down and production moved abroad, this just after my mrs getting pregnant.......
House still worth more than we paid but not much more and the fact I am not working....
House still worth more than we paid but not much more and the fact I am not working....
16 July 2010, 12:45 PM
#1731
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Not feeling any downturn here, just sold one of my places for 25% more than I paid for it 4 months ago. 
Bit of a kick in the teeth with the CGT but hey that's life.
Bit of a kick in the teeth with the CGT but hey that's life.
16 July 2010, 01:34 PM
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17 July 2010, 12:00 AM
#1735
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Don't get me wrong, I'm not a 'player hater', but lets call a spade a spade. Its speculative, which is fine, but its not entrepreneurial
17 July 2010, 12:30 PM
#1736
I would say anybody who spots a chance to make money and then has the ***** to take the chance is an Entrepreneur .You can call them a Speculator if you like ,it matters not really .
17 July 2010, 03:48 PM
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17 July 2010, 06:33 PM
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