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House prices continue to climb

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Old 06 October 2004, 03:58 PM
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davegtt
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Default House prices continue to climb

since the weekly debate hasnt arrived yet, may I be the first to start it off....lmao

http://news.money.msn.co.uk/article....e=windows-1252
Old 06 October 2004, 04:02 PM
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TelBoy
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I'm not repeating the pitfalls of taking a headline from a building society at face value.

Nothing new here folks...
Old 06 October 2004, 04:24 PM
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Tiggs
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Originally Posted by TelBoy
I'm not repeating the pitfalls of taking a headline from a building society at face value.

Nothing new here folks...

no...we should use headlines from scoobynetters


"Nothing new here folks.." you're right...house still going up!
Old 06 October 2004, 04:27 PM
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De Warrenne
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Originally Posted by Tiggs
no...we should use headlines from scoobynetters


"Nothing new here folks.." you're right...house still going up!
Not in Oxfordshire they aren't
Old 06 October 2004, 04:28 PM
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Annnnnnnd there off

here we go again

funnily enough I thought we hit our peak in grantham ages ago, some houses struggling to sell others selling straight away, basically the normal market people only buying a house that is worth it but suprisingly, a house round the corner (friends too) have put theirs up for £145k whereas I suspect it can only be worth £130k average. they are getting veiwings too which is suprising as its nowt special
Old 06 October 2004, 04:43 PM
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John STI 8
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That'll mean that the BoE will be putting interest rates up by a gnats chuff of a percent again. J
Old 06 October 2004, 05:09 PM
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Neil Smalley
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I'm not so sure. They don't just look at house prices, but industry as well. If they go too high then industry gets clobbered. So long as the inflation targets are on track I think they'll leave things alone for a while to see how things pan out.
Old 06 October 2004, 05:18 PM
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Petem95
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Oh theres a surprise, another rosy monthly report on house prices from the UK's biggest mortgage lender, the Halifax?

Despite low interest rates, high employment, crap stock market returns house prices have risen way way too high.

Heres a report from one of Londons most successful fund managers, and like many others he sees a correction coming (he reckons 40% fall)

http://www.thisislondon.co.uk/news/b...d83199?source=
Old 06 October 2004, 06:19 PM
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pslewis
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You're not suggesting that a mortgage lender would massage the numbers in a vain attempt to stop the market falling through the floor would you??

These muppets who just look at the building society reports

I can't wait to step in and mop up the mess You lot keep on paying silly money!

Pete
Old 06 October 2004, 09:46 PM
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ChrisB
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Pete, the only mess will be your colostomy bag splitting
Old 06 October 2004, 11:23 PM
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Tiggs
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Originally Posted by Petem95
Oh theres a surprise, another rosy monthly report on house prices from the UK's biggest mortgage lender, the Halifax?

Despite low interest rates, high employment, crap stock market returns house prices have risen way way too high.

Heres a report from one of Londons most successful fund managers, and like many others he sees a correction coming (he reckons 40% fall)

http://www.thisislondon.co.uk/news/b...d83199?source=

woodford is talking crap to pump up equity investment...if i had a £1 for every equity fund manager that has talked down house prices in the last few years.......i'd have made as much as my house price!
Old 06 October 2004, 11:39 PM
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Jay m A
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LOL so we have "please put money into equities" saying house price crash of double the worst case on record, and we also have "please take out a mortgage" saying the house price bubble is still expanding.

Its all spin, I blame Blair

Right thats NSR nearly done, just need a lonely heart thread and the GOD thread to spiral into name calling, almost there now
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