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House Price Crash Forum

Phil S

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About Phil S

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    HPC Poster
  1. There is only a bubble in London and the South East - in most other areas prices are still below 2007 prices, seven years on. The likelyhood therefore is that any dramatic falls will be limited to London/SE.
  2. Bizarre that just 3 miles down the road from there houses are on sale for a million or more! http://www.rightmove.co.uk/property-for-sale/property-37581289.html http://www.rightmove.co.uk/property-for-sale/property-36026263.html
  3. Scrap council tax and replace it with a local tax. Job done!
  4. You may well be correct, time will tell!
  5. Woolton is a much nicer area than the part of wavertree where L15 8HX is situated. Alas, property there is very expensive!
  6. I don't think you can call a 12% drop since 1999 amazing, whilst the DJI is up 15% since then.
  7. The house I'm looking at appears very spacious, although i'm not saying it's worth anywhere near the asking price!
  8. He couldn't have done a worse job than Osborne that's for sure!
  9. So even if house prices do drop they will still be unaffordable to most buyers!!
  10. I am considering the major ISA. What's the latest opinion on Santander? I understand that their british arm has ring fenced funding - is this true?? Thanks.
  11. They can f*** off. No one subsidises my house insurance because I live in a high risk area!!
  12. £200k sounds a bit high for the average mortgage, but then I would guess that most "typical" mortgage payers would be couples so that wouldn't be 5 times joint earnings.
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