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House Price Crash Forum

SavingBear

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Everything posted by SavingBear

  1. just seen this on the 10 o'clock news (BBC1), made me feel sick and angry all at the same time! ******** idiots!
  2. Words fail me http://www.dailymail.co.uk/money/investing/article-2051856/Expecting-house-prices-rise-Soon-youll-able-invest-Isa.html Savers who think house prices will rise in coming years could soon be able to invest in an index-linked Isa that tracks property values. Castle Trust, which has applied for a Financial Services Authority trading licence, is set to launch something called a HouSA that pays investors returns based on house prices. It will be the first time ordinary investors can tap into the UK's biggest asset class - residential property is worth an estimated £4trillion – without physical buying homes. Time to invest? House prices have faltered since the highs of 2007 but optimistic investors will soon be able to take a punt on rises Time to invest? House prices have faltered since the highs of 2007 but optimistic investors will soon be able to take a punt on rises Castle Trust's innovative product will track changes in the Halifax House Price Index and savers will be able to invest in as part of their £10,680 (£11,280 from April 2012) stocks and shares Isa allowance. A three-year term or a five-year term will be available, but withdrawals of cash in the meantime will not be allowed. Castle Trust is a new firm but has some pedigree in the boardroom. As chairman, former FSA chair Sir Callum McCarthy sits above a management team that includes John Gummer, chairman of the Association of Independent Financial Advisers, and Dame Deirdre Hutton, a director of HM Treasury and former deputy chair of the FSA. Read more: http://www.thisismoney.co.uk/money/investing/article-2051856/Expecting-house-prices-rise-Soon-youll-able-invest-Isa.html#ixzz1bmTnU3XY
  3. At the risk of ridicule for not understanding this, I need to ask the question in the title. Why must we avoid deflation? Why is deflation bad? I am probably being thick here but this really feels like an "Emperors new clothes" moment to me! Having endured 2 years of high inflation, with no pay rise, life is a little harder as everything cost more. If we had an equal amount of deflation over the next couple of years this would be a good thing surely?! Why does Mr king not want deflation to balance out the inflation we have just had? Then, averaged out, he could achieve his primary goal of 2%
  4. "Can you explain to me why......" Not that they want anything explaining! More likely they want a confrontation, in my experience. My prefered response is usually " I can explain it to you, but i can't understand it for you!"
  5. Sweet, £ 3000 a month would be fine for me as long as it continues for the next year!
  6. What is "normal?" The markets have been over inflated for a while, are not in fact normalising right now?
  7. WTF???? so how does this VI "seasonal adjustment" actualy work then? I mean what's the maths that turns this negative into a positive?
  8. Anybody know where Rightmoves House price index has gone for December??
  9. Ireland should go bankrupt! could not agree more. Just added that little youtube clip to my current facebook page.
  10. And who will be buying these properties? With money borrowed from ?!? 9.3 to 10.5 times average income. I don't think so!
  11. OK, fair point, so we take off tax and basic living costs off, Food, clothing, heating, etc But the main piont stands Basically people doing f8$k all should not be at an advantage over people working hard at shit jobs to try and support their family!
  12. Here is my logic, FWIW Take the minimum wage x 40hr working week this should be the max for 1 room take 2x minimum wage x 40hr working week plus child benifit for 2 kids ( and other entiltments, not really sure what!) this should be the max for 3 bed house Basically people doing f8$k all should not be at an advantage over people working hard at shit jobs to try and support their family!
  13. http://www.propertysnake.co.uk/site/detail/33766111 http://www.zoopla.co.uk/for-sale/details/12469031?utm_source=ood&utm_medium=feeds&utm_content=12469031&refer=ood12469031 07 Sep 2010 First day listed (price £199,995) 25 Sep 2010 Price changed from £199,995 to £175,000 29 Sep 2010 Price changed from £175,000 to £125,000 Somebody wants to SELL
  14. Exactly most 12 year olds! Therefore its a mammoth task for the average EA, hence the cost.
  15. I'll be really shocked if either of them can fudge the figures to a positive this time. Halifax - 0.9% Nationwide - 0.4%
  16. I totally agree whith the above statement, in real terms houses will fall.
  17. Errrrr maybe this would help her http://www.bankruptcyclinic.co.uk/
  18. Agreed. Wait untill early next year and then offer £340,000............ or maybe less!!
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