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House Price Crash Forum


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Posts posted by RDW

  1. I also bought in november 2006, im very happy :)

    I bought in Jan 99 on a repayment mortgage, have never MEWed, and I'm $h!tting myself.

    With essentials ie Council Tax, Utilities, Insurance, Travel for work and food, I still need £1k per month just to sit here. That's before I think about setting foot outside the door socially, or running a car, or God Forbid saving anything.

    No job, no £1k.

  2. http://business.timesonline.co.uk/tol/busi...icle3193239.ece

    RICS says that house price falls are worst since slump of early Nineties Gr�inne Gilmore and Gary Duncan

    Falls in house prices across the country may now be at their most severe since the property slump of the early Nineties, according to bleak figures today suggesting that Britain's housing downturn is gathering pace.

    A highly influential barometer of housing market conditions reports this morning that 49.1 per cent more surveyors found that house prices fell last month than saw them rise.

    The gloomy result is the worst since November 1992 in the closely watched poll carried out by the Royal Institution of Chartered Surveyors (RICS), when this “negative balance” fell as far as minus 60.1 per cent. December's figure compares with a negative balance of 40.6 per cent of surveyors who reported that prices were on the slide in November

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