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House Price Crash Forum

Yogi's Friend

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About Yogi's Friend

  • Rank
    HPC Newbie

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  • Location
    Warwick
  1. Yes the central thesis is that prices have not inflated they are simply different, and we have to accomodate difference in todays society by cutting interest rates...
  2. I can't see that doing any good - with broadband it's all on the hard drive
  3. but there is something to be said for a strategy that most (hairdressers/shoeshiners) would recoil in horror from
  4. It is easy to fall in love with a property and start to imagine where you would put the furniture etc - the above advice is sound, you also need to be happy to forego the potential savings of waiting a little longer - as has often been noted on this site it has been really easy to forget how expensive money actually is, I have found propertysnake to be useful when having such domestic conversations - seeing local properties dropping more than 20%, already, gives pause for thought.
  5. I was in Brighton at the weekend - first time for a couple of years - last time down everyone was banging on about how clever they had been to get in on the market - now the most optimistic comment was "the markets flat"
  6. Curious language - "prices are tumbling" - so clearly past the brink
  7. Clearly entering the later part of the 'Denial' phase - all good
  8. Interested in your view on the prospects for warwickshire - clearly there has been a great deal of new build 'mono culture', but fewer appartments than more urban areas - do you have any early indications of speed of HPC locally?
  9. So what would the real money fall need to be today to create that effective 50% fall over 5 years?
  10. 30% nominal drop makes sense as something of a hedge against further falls and the length of time needed to return to purchase price. Certainly worth a try and all helps to change sentiment!
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