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House Price Crash Forum


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About BoTO79

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  1. Not sure if this has been posted if it has please delete. http://www.thesun.co.uk/sol/homepage/news/3831768/Sandwich-board-bid-to-sell-home.html To me this seems he is resorting to desperate measures just to get interest, which is a sad state of affairs. Surely he would be better served rethinking his pricing than trawling the streets looking for a buyer. I wonder how long it is before this becomes a regular feature of every town centre.
  2. The news is now on The Suns website so the masses should now get to see it. http://www.thesun.co.uk/sol/homepage/news/money/3169515/Fresh-fears-over-houses-prices.html Sorry if it has been posted but I felt the need to be part of this thread.
  3. Its a Bradford based estate agent. Its always puzzled me why they bothered with two offices, they arent even that far apart.
  4. Not sure if this will amuse anybody as much as it did me but a local estate has a new property for sale and it turns out its their second office. I assume they are moving into just the one office now. http://www.rightmove.co.uk/property-for-sa...maxPrice=120000
  5. I have to admit I have a huge feeling of being a rabbit caught in the headlights. I am not educated enough on such things to start gambling with my money on such things as stocks, shares, foreign currencies or gold. It also seems to me that most of those options now have passed me by, with the FTSE being (slightly more stable) and the currencies having a unexpected yet probably short term recovery. I expect the best thing for me to do, particularly with my lack of economical knowledge is to keep my money in the bank and hope for the best. Or perhaps all them year ago when my friends were spending all their money on pointless gadgets I should have done the same and sit back and wait for the government to bail me out. I’m starting to get a bit peeved with the fact I have save my backside of for the best part of ten years and I still cant afford to buy a house.
  6. Ive made the decision now to get all my money out, where I put it im not sure yet, however us savers are taking a lot of hits and doing nothing about it. Unless savers respond with some form of protest be it withdrawing money or a physical protest Brown and his pals will keep shafting us. Brown, just for your information I will not spend more I WILL SPEND LESS.
  7. Was tempted to drag all my money out of the bank after yesterdays repossesion news. This news today has made my mind up. Buying a decent safe and keeping it at home, the worry I will have for its safety is less than the anger im feeling about the rate cuts.
  8. When you come up with a plan let me know, im in. Thinking about taking my cash out of the bank, they will give these things more thought if the coffers are dry.
  9. This may very well be a gross over reaction to today’s news about the repossession aid, but I’m giving serious thought now to drawing all my cash out and keeping it in a safe place. It seems to me that every scheme that happened is kicking me full on in the nuts so stuff the banks and stuff the government.
  10. After seeing how far my interest rates have dropped I’m giving serious thought to just dragging my money out of the savings and keeping it in a safe. I despise the fact that this government is giving all the aid to those that spent cash they didn’t have while robbing from them that put cash aside during the good times (something he should have done). I like others on this thread don’t have the knowledge required to gamble in Gold or foreign currency but if this really is the best route perhaps there are some tips people could provide for those of us that are a little clueless. I can’t help thinking that the horse has bolted a little though with the huge drops in the pound that we have already witnessed.
  11. Spot on. If this continues surely there will be a monumental backlash though. I’ve saved as much as I can with little luxury purchases, on the back of the fact that house prices have continued to grow. So no way on earth will I pay off the debts of people who lived it up during the same period. Eventually savers will snap and some kind of protest will happen, or are we all too British???
  12. This isnt far from dropping off of the first page. Lets not lose focus here, this is a much bigger MOM drop than I ever dreamed of and its going to show that no matter how many floatation devices you add to a sinking ship its still going to hit the bottom eventually.
  13. IG Index has it back up to about -160 last time I looked a bit of a bounce from -230ish down.
  14. This is what im trying to tell people at work but im banging my head against a brick wall. If they wont listen that isnt my problem.
  15. I agree with this point. People at work are already talking about all in the garden being rosy, based purely on Flash saying it is so and on the fact that the FTSE rose today. People see a stat and they start thinking all the problems are over. This is nothing that a few further MOM drops wont fix. The risk is the less educated may be tempted to rush oout and buy, this in turn with give a mini (very mini in my opinion) revival in the housing market.
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