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Its-Already-Crashing

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About Its-Already-Crashing

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  1. A 5000 square foot new home in Lewes - East Sussex, where I am, would be $1.5 million so i make that 7 times as much as our American cousins
  2. http://www.mercedeshomes.com/find_home/com...&quick=true 4587 SQ. FT. 5 beds, 4 baths $569,990 $459,900 Save $110K! (20% reduction) Click on Concept 4876 (bottom of page) and look at the actual interior & exterior pictures. It makes the average new home in the UK look like a complete and utter hovel. Unbelievable!
  3. I just called them, and it is indeed an "Autumn Sale" due to the market slowdown on properties that are "lingering". It is a national initiative throughout the group. What made me laugh was that he insisted that the prices are not falling. I said, so you "admit the market it slowing and therefore you are responding by reducing prices and yet you maintain that prices are not falling?" He started side stepping in only the way that ea state agents do. So i cant be bothered to give you his bulls*** excuses
  4. "I have bought some long-dated calls on the Yen (the right to buy at a later date) " May I ask what date? Thanks
  5. What is a reasonable amount for a landlord to increase the rent per annum? My rent has remained unchanged for 3 years and now the landlord wants to increase it by 15% Does this seem reasonable? Thanks..
  6. I hope it will be worse. Serious question, what do you think has stopped the slide happening so far in UK? Why has it happened in USA and not UK?
  7. http://www.bloomberg.com/apps/news?pid=206...id=aehGqLevnARI Europe Faces Infection From U.S. Home-Price Fall: Matthew Lynn By Matthew Lynn Oct. 30 (Bloomberg) -- In the last decade, real-estate prices in Europe have moved in one direction -- up. That may be about to change. In the U.S., a booming property market has stalled. Plenty of people think it may be facing a full-scale crash. If that happens, it would be complacent to assume that Europe could avoid the fallout. In the past 10 years, Spanish property values have more than doubled, while home prices have tripled in the U.K. and
  8. Who cares about HPC when you have got one of these? http://ultimatesecurehome.com
  9. The US based Housing Market Index (HMI) is based on a monthly survey of NAHB members designed to take the pulse of the housing industry, especially the single-family industry. The survey asks respondents to rate general economic and housing market conditions. The survey is used by the Federal Reserve Board as one key measure of the health of the economy. The HMI is a weighted average of separate diffusion indices, calculated for three key single family series in the survey: Present Sales of New Homes, Sale of New Homes Expected in the Next 6 Months and Traffic of Prospective Buyers in New Hom
  10. So what is the best or most acurate measure of house prices?
  11. Admittedly maths is not my best strength, however I have noticed some inconstancies in the land reg. property prices. I wondered if someone can shed some light on it..... Looking at the region "WEALDEN" during last quarter of 2005 and the 1st quarter of 2006, I cant understand why they are showing that the overall average price has risen from £232141 to £239712 in this period, when they are showing that the average price of a detached house has gone down, the average price of a semi detached house has gone down and finally the average price of a flat/maisonette has gone down. So how can t
  12. "It's only when the tide goes out that you learn who's been swimming naked." In my opinion, there are many naked swimmers, especially in the real estate market..... " Quote From Warren Buffett" Who are you going to believe the VI's or these 3 guys with no vested interests. I dont know if it has been posted before but anyway, its well worth posting again.... Smart Investing Amidst Real Estate Mania by Robert Kiyosaki Utility Links Printable ViewEmail this PageTuesday, January 24, 2006 In early summer of 2005, I sent a warning to the Rich Dad community that the real estate market was cooli
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