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House Price Crash Forum

ebay@rockmem.com

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About ebay@rockmem.com

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    HPC Newbie
  1. "You've been listening too much to the BNP" Sledgehead retract pleeeeze
  2. You've been listening too much to the BNP "You've been listening too much to the BNP" is this is gonna be the standard of debate then i'm off to find a better forum.
  3. Whilst this is a potential factor (and we certainly don't want to get seriously off-topic her) how important is it in the supply/demand equation ? especially for the S.E. Figures (real) are of course impossible to locate, but we believe a serious independent group Migration Watch is posting a likely figure of 2 million in the next ten years. What's the boards thoughts ?
  4. 1. A reduction in the Base Rate in spring '05 producing a "feeding frenzy" similar to MIRAS withdrawal in '89 OR 2. A further increase in the Base Rate up to 5% just before Xmas
  5. Has any one given consideration to the foll problem, namely once the STR's are well & truly ensconced in the BTL homes, the BTL's are gonna be the first to ditch their properties ! Whilst the financial loss of the BTL's are of no concern to us when they bail out, it will be if, one is looking' for "SECURE" rented accomodation ! One can envisage a scenario where the STR's are left wandering from one BTL home to another.....
  6. The housing price crash has already occured in Edgware NW London, our house could of been sold for £375,000 last year, today price poss £295,00 a drop of 22% ? Round these parts prices in serious dissaray !
  7. Does anyone know of any commodity gold, cocoa, silver, pork bellies etc that have traded exponentially higher for 9 years continous & then "stagnated" at the peak ? Looks like UK property prices 1995-2004 are going to break the known price history of any commodity known to man, or then, maybe they won't....
  8. In a way it's a great shame this site/forum exists. Clearly there are a lot of informed intelligent rational people who believe that the UK property market is heading for a dire collapse, but why publicise it ? In the stock market there is a well know term, dealers who talk stocks up only to "short" sell into firm bidders hands, prior to the collapse. Shouldn't all like minded believers in a whopping housing price correction be talking the market up ? The higher this market goes - the more misery – the more P R O F I T So I say, yes to a further long sustained period of property price growth
  9. My father a well respected Valuer & estate agent in W.London now has a policy of declining all valuations for the Building Societies - yes turning down fees ! Reason : he's been around long enough to remember several previous crashes where the Building Socs sued the estate agents for "gross missrepresenation of values". When the s**t really hits the fan, the building socs look around for whose to blame & estate agents fit the frame nicely. My father now believes that valuations are so wildly out of line, the Building Socs will again sue the estate agents when the crash materialises.
  10. My father a well respected Valuer & estate agent in W.London now has a policy of declining all vaulations for the Building Societies - yes turning down fees ! Reason : he's been around long enough to remember several previous crashes where the Building Socs sued the estate agents for "gross missrepresenation of vaulues". When the s**t really hits the fan, the building socs look around for whose to blame & estate agents fit the frame nicely. My father now believes that valuations are so wildly out of line, the Building Socs will again sue the estate agents when the crash materialises.
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