House prices bottoming out?
Discussion
Not in my lifetime I hear you all cry!
But with MoM falls becoming less and less since May (Halifax), a 0.5pc cut in interest rates, smatterings of relief and maybe even optimism since yesterday's bail out announcement and an 4pc increase in asking prices across London last month (Rightmove),could things on the turn?
Could the floor be 15% from peak as ventured in a lead story on BBC website today?
But with MoM falls becoming less and less since May (Halifax), a 0.5pc cut in interest rates, smatterings of relief and maybe even optimism since yesterday's bail out announcement and an 4pc increase in asking prices across London last month (Rightmove),could things on the turn?
Could the floor be 15% from peak as ventured in a lead story on BBC website today?
Edited by Radar Love on Thursday 9th October 20:37
I doubt it.
People still have money worries, more businesses are going to the wall, costs of all essential items are increasing, meaning people have less money, meaning more people will default on their mortgages.
I know a few people who were earlier this year looking to buy a house, they are all not bothering now and are waiting until next year to see how the prices fall.
People still have money worries, more businesses are going to the wall, costs of all essential items are increasing, meaning people have less money, meaning more people will default on their mortgages.
I know a few people who were earlier this year looking to buy a house, they are all not bothering now and are waiting until next year to see how the prices fall.
rich1231 said:
Who gives a flying f
k?
Ohh actually quite a few do hence about 20 threads saying the same fecking thing that you are too stupid to see on the front page of these forums constantly.
Are you still waiting for the missus to go out so you can maximise that Internet Explorer page with the naked Liberal Councillers on it and wk?Ohh actually quite a few do hence about 20 threads saying the same fecking thing that you are too stupid to see on the front page of these forums constantly.
k yourself silly?And if so, can I join you?
rich1231 said:
Who gives a flying fk?
Ohh actually quite a few do hence about 20 threads saying the same fecking thing that you are too stupid to see on the front page of these forums constantly.
and yet you replied?k?Ohh actually quite a few do hence about 20 threads saying the same fecking thing that you are too stupid to see on the front page of these forums constantly.
Actually I'm honoured, being insulted by Rich (insert random number here) seems to be a rite of passage on this forum.
Chin chin x
10 Pence Short said:
rich1231 said:
Who gives a flying fk?
Ohh actually quite a few do hence about 20 threads saying the same fecking thing that you are too stupid to see on the front page of these forums constantly.
Are you still waiting for the missus to go out so you can maximise that Internet Explorer page with the naked Liberal Councillers on it and wk?Ohh actually quite a few do hence about 20 threads saying the same fecking thing that you are too stupid to see on the front page of these forums constantly.
k yourself silly?And if so, can I join you?
Only if you promise to wear the marigolds again like last time
rich1231 said:
10 Pence Short said:
rich1231 said:
Who gives a flying fk?
Ohh actually quite a few do hence about 20 threads saying the same fecking thing that you are too stupid to see on the front page of these forums constantly.
Are you still waiting for the missus to go out so you can maximise that Internet Explorer page with the naked Liberal Councillers on it and wk?Ohh actually quite a few do hence about 20 threads saying the same fecking thing that you are too stupid to see on the front page of these forums constantly.
k yourself silly?And if so, can I join you?
Only if you promise to wear the marigolds again like last time
So it's a date.
To answer your question:
For those with multiple properties, or bought at the top of the market - YES
For those with one house, who understand property goes up as well as down - PERHAPS
For those not yet property owners, looking for a bargain, and hoping idle talk on forums will drive down prices - ABSOLUTELY NOT
For those with multiple properties, or bought at the top of the market - YES
For those with one house, who understand property goes up as well as down - PERHAPS
For those not yet property owners, looking for a bargain, and hoping idle talk on forums will drive down prices - ABSOLUTELY NOT
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