Tuesday, May 15, 2007
House prices up 10% in year
Express: House prices up 10% in year
The price of the average home has soared £20,000 in the last 12 months, official figures show today.
Posted by david20040_0 @ 03:31 PM (359 views) Add Comment
6 Comments
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1. David20040_0 said...
House prices rise again, yet you all berate me.
2. Davros said...
Anyone who thinks you can have an unprecedented boom without a bust is an idiot. ( as the comments of the Daily Express readers will testify.)
3. sirgoogle said...
Hurrah - the Tabloids have got their teeth into this.
What we need is lots of Doom and Gloom to counter the VIs. This will take away the sentiment for offering the Asking Price. Why should a FTB hand 10% extra to somebody who simply sat on their sofa for a year??
Lazy good-for-nothings, helped along by those greedy leeches, the EAs.... I sooo dislike their wasteful profession that ultimately ruins lives and families. If you are reading this, and you know who you are... go and get a proper job that does society some good.
4. confused76 said...
10%? I am not impressed. looks poor return compared to European large cap stocks
5. Scott said...
sirgoogle is right. Estate agents are scumbags. I have more respect for the police, and even people in government, than those gits.
6. dugmug said...
David...I don't think there's a single person who posts on this site, regardless of their viewpoint, who has suggested that the crash has already happened in the UK, nor has suggested that it's going to happen next week either. The consensus on timing, from those who think the market will crash, seems to be somewhere between late 2007 and mid-2008. Obviously, in the meantime, until the market peaks and it all comes crashing down, prices will continue to go up! Prices will still be going up next month too! In fact, looking at all previous booms (and not just in housing), prices seem to go particularly mental JUST BEFORE THE CRASH, so keep posting the highest figures you can find for price increases, by all means - the more unaffordable things get, the bigger the eventual correction will be as the higher the proportion of people there will be who have bitten off more than they can chew and then find themselves in the position of a forced sale (not that I don't feel a little sorry for these poor sheeple, but it's inevitable unfortunately).