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House Price Crash Forum

cool_hand

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  1. 13:02 What's going to happen to the housing market? Kevin Peachey Personal finance reporter What's going to happen to the housing market when the pandemic finishes? I'm afraid my crystal ball has smashed. There's no point making forecasts at the moment. The number of sales has dropped off a cliff. Lots of sales were cancelled. The peak of that was on 23 March - the day the restrictions on movement were announced. What's difficult to tell is if there's a lot less activity, how that translates to prices.
  2. I'd love a HPC - I'd like to see falls of 50% - it just never seems to happen, printy printy.
  3. you're going to have to give a little more detail than that sunshine
  4. Yes, but this crisis is going to last 18 months max. IMO - that's unless they're unable to make a vaccine. My fear now is anyone holding cash is going to be well and truly f*cked as hyper-inflation is the potential outcome of this intervention.
  5. The overdue house price crash has been well and truly cancelled.
  6. https://www.bbc.co.uk/news/business-47389160 Foxtons warns London housing market in 'prolonged downturn' London-focused estate agent Foxtons has swung to a loss and says the housing market in the capital is in a "prolonged downturn". The company reported a loss of £17.2m for last year, partly due to the costs of closing six offices. It made a profit of £6.5m in 2017. Foxtons added that Brexit uncertainty was "impacting consumer confidence". Separately, the Nationwide said the UK market remained "subdued", with prices up 0.4% in February from a year ago. 'Further de
  7. don't agree, and neither does the stock market, builders were down heavily on Friday.
  8. What are we all here for? A House Price Crash. This has got to put a dent in the market, how big, that is the question?
  9. I was completely ignoring this until yesterday. If Labour win or Labour/Lib coalition it is a disaster for the country and you can forget Brexit - they will derail it. Could end in civil war.
  10. yes, but the bank of England did a study and it found as house prices rise homeowners spent more money but as house prices fell homeowner didn't spend any money - homeowners actually stopped eating and breathing. it's such narrow minded nonsense to think lower house prices will lead to financial armageddon.
  11. Yes I listened to it and I thought she was and idiot because she's saying f*uck young people and f*uck anyone who can't afford to buy a home.
  12. Freedom of Movement deprives the country of the skills it needs when it's indigenous residents move away to take jobs in the UK or elsewhere. But no one ever talks about that!
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