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House Price Crash Forum


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Posts posted by RDW

  1. Like this coment from the article

    'Would suggest you have ignored the fact that most housebuilders half or full year is 31 December and in a low sales period they push through as many as possible and as a large proportion of sales are currently on a lower average sale price the customer will have been rushing to ensure completion prior to the stamp duty change.

    Expect a further dip over the next few months due to the cold weather preventing new house construction unless already roofed in.

    Andy, FD regional housebuilder'

  2. http://www.thisislondon.co.uk/standard-business/article-23802401-interest-rates-will-surge-to-65-percent-by-2015-barclays-says.do

    Interest rates will surge to 6.5%

    Interest rates will soar over the next five years despite feeble economic growth and rising unemployment, leading economists warned today.

    A report by Barclays said rates will rise to 3.5% by the time of the London Olympics in 2012 and to 6.5% in 2015 to keep inflation under control.

  3. The "perfect storm" is brewing. I'm probably an economic thickie compared to a lot of people on here, but interest rates the lowest for what, 300 years (and being kept artificially low), and massive printy printy to try and keep the country going. After the next election (be it March or May), where the next budget will be appalling for the average Joe. Summer onwards? Well, who knows, but I still believe that this pack of cards are ripe to truly collapse big style..

    I'm not convinced about this 'perfect storm' thing, I hope it does happen as I am more prepared than most, both financially and mentally, thanks to this site. But I get more of a forboading of a 'boiled frog' scenario happing right now, than a perfect storm coming.


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