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House Price Crash Forum

Bruce

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About Bruce

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    HPC Newbie
  1. There is no balance, that is the problem, it is like a see-saw, a market and goes up and down. But all the time the global rates are going up the pressures are the same on the £, sooner or later we have to follow suit. There was big relief yesterday from a certain poster when it was posted that US rates were not going above 5%, why, cos he knows the UK would have to follow suit, but if the US rate goes another notch, we will be under further pressure to follow, if not the pound tanks.
  2. http://www.nationwide.co.uk/hpi/downloads/..._since_1952.xls
  3. Not the express, but same story- http://www.sky.com/skynews/article/0,,3040...3,00.html?f=rss
  4. Open an account here:- http://www.iii.co.uk/ Then when you have placed some dosh in it you will be able to trade quite easily for £10 a time. A highly respected site.
  5. In reply to Imupnorth: You can have rising prices in a falling market where low volume will play an elevated role, EG: say for instance this hyperthetical example is total sales in the uk per month 1) 4nr houses @ 100K 1nr house @ 200K = average price = 120K 2) 2nr houses @ 190K (-10K each) 3nr houses @ 90K (-10Keach) = Average price = 130K Therefore as you can see from this simple example is that the properties have declined 10K each but slightly more higher priced properties selling it seems like prices have gone up by an average of 10K. Now if we look at the scenario when we
  6. Yeah and give some chav EA's a good slap for me, thanks. Don't forget the pictures on your mobiles
  7. So you live in the midlands then? http://news.bbc.co.uk/1/hi/england/west_midlands/3442093.stm
  8. Hey I was just asking fat boy, no need to get uppity
  9. Wouldn't mobile home sites be more favourable?
  10. I thought the Rand had strengthened from about 16/£ to 11/£ over a couple of years so how is it weak?
  11. I think india has a bubble as well. http://sify.com/finance/fullstory.php?id=13875692
  12. I think the standard new build cost for a typical house is about £600-700/m2 which would give you about 100m2 typical construction and much more robust. This is a scam and you could probably knock these out for about £40K tops, so a nice 20K profit for each unit. Who wants to import some log cabins for about 25-30K to compete with these?
  13. My foreign bank is setting up an anonomous exclusive account in 1 week for valued clients which will be hidden from the authorities for private transactions.
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