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House Price Crash Forum

shortbread

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About shortbread

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  1. Hopefully it is a wake up call for Aberdeen and the powers that be! They've been kicking the can down the road for long with the only real alternative provided has been shipping wind mills all over the world. Need to wake up smell the coffee and look to diversify the economy.
  2. UK ministers consider ban on new North Sea exploration https://www.energyvoice.com/oilandgas/north-sea/306973/new-north-sea-exploration-ban/ Surely they won't..... Or is this Westminster's way of saying, Good luck Independent Scotland. Cause if that is the idea, rest assured Aberdeen is voting for independence!
  3. Aye, if one really squints in bright Aberdonian sunshine!
  4. QE is neverending and the govt. will keep piling on more debt. Asset bubbles get inflated, Inflation volcano can erupt anytime, tax rises coming soon, interest rates might climb, wages stagnate.... So in all this madness what would be the smartest financial plan for an average salaried hard working Joe? Would be interested in hearing genuine suggestions. PS: Leaving the country, making more babies and suicide are'nt options.
  5. Some positive news..... City of Aberdeen has seen the greatest improvement in home affordability. The city of Aberdeen has seen the greatest improvement in affordability. This is predominantly due to the 28% fall in average prices over the period, though incomes have also risen by 7%. https://www.eveningexpress.co.uk/news/scotland/most-and-least-affordable-areas-for-first-time-buyers-in-britain-revealed/
  6. The local rags, EE or P&J rarely comment on the official HM Land Registry monthly house price indexes. Usually they prefer to highlight the 'happier' numbers that ASPC conjures up on a quarterly basis. Somehow this seems to bypassed the chief editors desk and made final print! Albeit ASPC's John MacRae is quite optimistic as he's been seeing encouraging signs! https://www.eveningexpress.co.uk/fp/news/local/figures-show-drop-in-aberdeen-house-prices-while-other-north-east-areas-rise/
  7. Aberdeen fall continues Aberdeen becomes the only city to record a fall in the current buoyant market at -2.1%, in the last month of 2020. Scotland on the other hand saw a 8.1% jump in prices over the calendar year. Aberdeen city average price Dec'18: £152,090 Dec'19: £145,717 Dec'20: £142,631 Volumes Volumes saw a big jump across Scotland https://www.gov.uk/government/statistics/uk-house-price-index-scotland-december-2020/uk-house-price-index-scotland-december-2020
  8. Whether one likes them or not, this was a political masterstroke by the SNP. The rival parties had no options but to oblige! Accept the handout Holyrood gives them and freeze council tax, let SNP take the brownie points from the public OR decline, hike council tax and let SNP point fingers! https://www.pressandjournal.co.uk/fp/news/aberdeenshire/2893696/aberdeenshire-council-agrees-to-freeze-council-tax-to-help-residents-after-incredibly-difficult-year/
  9. The cost of this mess will be borne by the taxpayer, no doubt. The only question remaining is who will be to blame, banks for chasing the debt or the govt. for spraying money! https://www.ft.com/content/ca1c77e1-acc6-4500-b75a-4c0d16870312
  10. It's just a small percentile that has retained the money within the borders, let alone genuinely used to save jobs. Most of it has been transferred abroad.
  11. Unlike ASPC/Evening express combo; Stewart Milne claim 'the long-term collapse in the housing market around Aberdeen in the wake of the oil price crash'. But what would Stewart Milne know?! https://www.housingtoday.co.uk/news/stewart-milne-falls-to-48m-loss/5110202.article
  12. Have you even been reading any of the local press lately? You are so wrong. All I have to tell you is.......Aberdeen bounce back, green shoots of recovery, decommissioning, renewables, wind power, buoyant...yada...yada....yada
  13. https://www.bbc.co.uk/news/uk-scotland-55809335
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