What percentage of their peak price will houses fall to?

[Incorrigible]

Sorry, I can't be bothered to wade though another 40 pages of opinion.

So how far do we think prices will fall before rock bottom

[mechsympathy]

Incorrigible said:

40 pages of opinion.

I can summarise it for you if you like?

No one knows, so they're all making it up.

HTH

[Fittster]

Incorrigible said:

Sorry, I can't be bothered to wade though another 40 pages of opinion.

I can't be bothered to vote.

[cs02rm0]

You haven't got any poll options for how far they'll fall after you factor in inflation!

Edited by cs02rm0 on Thursday 7th August 17:14

[Incorrigible]

mechsympathy said:

Incorrigible said:

40 pages of opinion.

I can summarise it for you if you like?

No one knows, so they're all making it up.

HTH

Hence the word "opinion"

Last time (90s) they did drop to around 50% in some areas. Can't see that myself, but what with all the bloody government meddling I can see confidence dropping in a more stone like fashion before a recovery

I justt wondered if there would be a concensus....

[emicen]

Its hard to guess what camp you're in with the options on the poll

[V8mate]

It's not going to be anywhere near 50%. Even in the 90's, it was a fraction of that (nationally)

You need some sensible options


EFA: 13.2% fall in average house price between 1989 and 2005

Edited by V8mate on Thursday 7th August 17:25

[anonymous-user]

50% is the smallest category, Is that reasonable?

[Incorrigible]

emicen said:

Its hard to guess what camp you're in with the options on the poll

It looks like I should have put a "less than 50%" option in

fk me I didn't expect everyone be so optimistic (does that give you any more clues about my camp )

[anonymous-user]

Can't you edit the poll for some under 50% options?

[Incorrigible]

El stovey said:

50% is the smallest category, Is that reasonable?

"% of peak" it says in the title. Or do you really think that prices will be less than half they were a year ago

[Plotloss]

Nationally, I reckon about 25% down from peak depending on ring tightness of BTLers

If there is slackness of sphincter in those who struggle with simple interest, who knows.

The septic sceptics are saying depression rather than recession.

Makes no difference to day to day life though, just got to keep on trading...

[Incorrigible]

V8mate said:

EFA: 13.2% fall in average house price between 1989 and 2005

Now there's a stat I did not know

Obviously by making it short and sweet I've confused people

I want your opinion on what lowest house price will be compared to the highest house price (as a percentage of the higher price), not taking into account inflation

[anonymous-user]

Incorrigible said:

El stovey said:

50% is the smallest category, Is that reasonable?

"% of peak" it says in the title. Or do you really think that prices will be less than half they were a year ago

Sorry missed the whole point of your poll.

I thought those were % drops from peak not % of peak value. Cheers.

[V8mate]

Incorrigible said:

V8mate said:

EFA: 13.2% fall in average house price between 1989 and 2005

Now there's a stat I did not know

Obviously by making it short and sweet I've confused people

I want your opinion on what lowest house price will be compared to the highest house price (as a percentage of the higher price), not taking into account inflation

Uh?
How is that a useful comparison? There'll be a crumbling terrace in some forgotten northern town for sale for £5k and a flat in Knightsbridge for £100m. But so what?

Edited by V8mate on Thursday 7th August 17:37

[Incorrigible]

V8mate said:

Incorrigible said:

V8mate said:

EFA: 13.2% fall in average house price between 1989 and 2005

Now there's a stat I did not know

Obviously by making it short and sweet I've confused people

I want your opinion on what lowest house price will be compared to the highest house price (as a percentage of the higher price), not taking into account inflation

Uh?
How is that a useful stat? There'll be a crumbling terrace in some forgotten northern town for sale for £5k and a flat in Knightsbridge for £100m. But so what?

Oh FFS, the same house

Are you being purpopsely stubborn

[Plotloss]

Incorrigible said:

V8mate said:

Incorrigible said:

V8mate said:

EFA: 13.2% fall in average house price between 1989 and 2005

Now there's a stat I did not know

Obviously by making it short and sweet I've confused people

I want your opinion on what lowest house price will be compared to the highest house price (as a percentage of the higher price), not taking into account inflation

Uh?
How is that a useful stat? There'll be a crumbling terrace in some forgotten northern town for sale for £5k and a flat in Knightsbridge for £100m. But so what?

Oh FFS, the same house

Are you being purpopsely stubborn

Welcome to the new and improved PH

[anonymous-user]

[V8mate]

Incorrigible said:

V8mate said:

Incorrigible said:

V8mate said:

EFA: 13.2% fall in average house price between 1989 and 2005

Now there's a stat I did not know

Obviously by making it short and sweet I've confused people

I want your opinion on what lowest house price will be compared to the highest house price (as a percentage of the higher price), not taking into account inflation

Uh?
How is that a useful stat? There'll be a crumbling terrace in some forgotten northern town for sale for £5k and a flat in Knightsbridge for £100m. But so what?

Oh FFS, the same house

Are you being purpopsely stubborn

Not at all - I can't help it that you're bad at expressing yourself.
I understand now - you want a reverse percentage - i.e. what percentage, of what my house was worth before the slide, will remain when the market stops sliding

[Incorrigible]

Plotloss said:

Welcome to the new and improved PH

No one's even had a go a the spelling

Mate, close this and I'll start again