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House Price Crash Forum


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About Tricky

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    HPC Poster
  1. the problem is investors can no longer cover even their interest only mortgages by dropping rents, is this a possible spark to ignite further falls. Time will tell , fingers remain crossed.
  2. Sorry dont know how to add link , on newsnow article from icwales mentioning our very own forum and much bear slant , is it written by one of us? or has the press started to change further? Someone please help out with link, many thanks tricky 04.44am 09/03/05
  3. Well spotted Booboo,, another anomoly on the london report "we expect prices to continue to fall over the coming months,.....but London market to recover fully by the year end.. Further on Hometrack greater london home price inflation -5%. so prices will continue to fall then miraculously the london market will recover by year end but greater london to be -5% for the year.. Is this a play on words ,, does recover fully by year end mean that december will not show a decline or the year to december will not show a decline. I am beginning to think the english language is being stretched f
  4. Good old straight talking Ozzies,, straight to the point, people have been sucked along on the crest of a wave.But it was ultimately their decision and they would not be complaining if prices continued to rise and interest rates stayed the same. Unfortunately for those who bought last year and those that are buying now are going to be the biggest losers.
  5. Many thanks , am I seeing it wrong or is there no scale on it??
  6. And that just about sums it up, in black and white,,and if aqnyone should know it surely should be them?
  7. It certainly seems that The Economist is also trying to provoke a debate with the title Still want to buy ? Unfortunately unless the rest of the press pick up on this I dont know how widely their viewpoint will be heard? Does anyone know if they have a forum that we can look at??
  8. Gtr hadnt picked up on that quote "buying in Britain today seems a poor investment" No sh*t
  9. Sorry dont know how th attach thread , but www.newsnow.co.uk/newsfeed/?name=Housing+Market "According to calculations by The Economist ( with help pf Julian Callow of Barclays Capital), House prices are at record levels in relation to rents ( ie , yields are at a record lows) in America , Britain ,Australia, New Zealand, France Spain, the Netherlands Ireland and Belgium. America ,s ratio of prices to rents is 32% above its average level durring 1975- 2000. By the same guage , property in OVERVALUED 60% OR MORE in Britain , Australia and Spain , and by 46% in France. Any thoughts ???? Sure
  10. Interesting figures folkestone in kent Jan 01 98 of 1607 total sales ie 6.1% jan 02 115 of 1894 total sales ie 6.07% jan 03 103 of 1680 total sales ie 6.13% jan 04 130 of 1553 total sales ie 8.37% JAN 05 34 GIVES PROJECTED SALES OF BETWEEN 406 AND 566 FOR the year realise late entries will affect but this is enormous difference for my area ie Folkestone in Kent. Dec 01 134 of 1607 sales ie 8.34% dec 02 165 of 1894 sales ie8.71% dec 03 178 of 1680 sales ie 10.6% dec 04 72 of 1553 ie 4.64% dec 04 would have expected circa 140 to 160 sales from historical analysis
  11. Derek ,,welcome its nice to have someone who is open about there portfolio and willing to give there opinion, have you read KOTC claim of 40% return,,? Any thoughts as to how he maybe achieving such results in this climate? Him being so secretive and all, Personnaly dont see it ,"excluding capital appreciation, depreciation" surely he must have bought when properties were 2 and 6 pence each.to make the differential between mortgage payments and rental returns. Any thoughts from anyone?
  12. Flick ,, know what you are saying and admit ,I dont think it is particularily likely , BUT at some point the BOE may think the Great British public just aint changing there habits .VIs keep talking it up, in a way its not what Joe Bloggs thinks , its what the establishment thinks and publishes. any thoughts?
  13. If the BOE feel their rate rises have fallen on deaf ears , what would the odds be on a 1/2 point rise in the near future to shock people into thinking we should pay attention A half point ,people listen alter spending,( short term pain) ,BOE leaves in place for 3-4 months , then drops 1/4 point to say well done ,you listened. Any thoughts ??
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