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House Price Crash Forum

crash 2005

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About crash 2005

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    HPC Regular
  1. I'm Buying the house I've been renting since I STR'd in 2004, I am buying it for a 31% discount of what it was valued at in March 2008. Should be completing next week.
  2. Have to admit I'm in the process of buying a detached bungalow in a Quarter of an acre valued at £295,000 in march 2008, for the sum of £205,000. and guess what! Mortgage is being arranged through the nationwide with a completion in the next week or so. so that might have some effect on their monthly stats............
  3. Quite right! trouble is the media will jump on this months anomaly as it is the only piece of so called good economic news! goner be a s*%t day for the HPC cause
  4. yes, me too, its getting rather anoying that every time you open a thread you have to click through about 4 password popups
  5. I left this one: http://www.citywire.co.uk/personal/-/news/...9083&Page=1
  6. Maybe, but joe public won't be looking their, and the general media won't report that. We need him to do a live BBC interview on the TV!
  7. With such a dramatic rate cut, why has'nt Mervyn King at least released a statement to say how dire the economy is, and this is a necessary attempt to stop depression and not a time to party. As it won't take labour long to spin this news into just that, a time to party and spend spend spend and buy houses....
  8. With such a dramatic rate cut, why has'nt Mervyn King at least released a statement to say how dire the economy is, and this is a necessary attempt to stop depression and not a time to party. As it won't take labour long to spin this news into just that, a time to party and spend spend spend and buy houses....
  9. bank of england no longer independent, the government now has the control... another sad day in this countries recent history, and another step closer to socialism
  10. holy crap, this can only come across to the public as shear panic we must really be stuffed in they can reduce by this amount when inflation is heading north!!
  11. trouble is the BBC has moved the goal posts by plotting the 3 month average figure of -13.7% instead of the actual y o y figure of -14.9% which would look alot worse! the nationwide figure was the y on y not the 3 month average, therefore the graph is now trash cos it has two different data types still crash speed though, trouble is one good month and the graph would not look so good using the 3 month average data
  12. http://news.bbc.co.uk/1/hi/business/7712590.stm Crappy BBC is incorrectly quoting the 3 month figure of -13.7% as the Year on Year fall!! I wonder if they plot this figure on their graph or the correct figure of -14.9%
  13. maybe they'll announce over the PA system, would all multi-skilled staff please go to checkouts to checkout, and would the back door man please go to the back door and turn off the lights on his way out, similar to a well known supermarket chain
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