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House Price Crash Forum


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About PhoneyMcRingRing

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  1. Ask yourself where is the closest metro? Take some body armor: Meadowell Bad :North Shields, Shiremoor OK:Cullercoats Good :Tynemouth, , Whitley bay, Monkseaton, West Monkseaton,Northumberland park P
  2. Big plus 1. The banks will lend to sensible people with sensible multiples.
  3. Yes cuts very thin on the ground, I think inflation will out run any losses. The only hope I see is Housing Benefit being cut, leading to forced BTL sales. P
  4. I was looking at London today as it happens. I could achieve somewhere between £70-£110k there. At the lower end of that I am no better off than on my current salary in the North. About half the lower end of my London expectations!! Yes I could rent somewhere, yes I could buy somewhere but the quality of housing/area would not compete. On the other hand it would do my long term career some good. Swings and roundabouts I guess. P
  5. I think his is blameing them regularly. Certainly if you follow PMQs. The trouble is the Tories did not really talk about how big the problem was at the election. All the main parties (with the media asking no questions) ducked the big issue and debated about £6billion of a ~£175billon deficit. In my opinion the Tories should have been up front, even if it meant losing the 2010 election. Their campaign should have said: "we need to make £175billion of cuts over 4 years. This means the following jobs will be cut/ benefits cut/ taxes raised etc etc. Or stick with Labour and go bankrupt like Greece/Ireland" If they lost they could have had a great time in opposition for a few years and watch Labour become unelectable for decades. Massive open goal missed IMHO. Now they are becoming unpopular for cuts they did not mention at election time (with help from the BBC and especially BBC regional news). P
  6. Still nothing but brick walls from any boomer I talk to. :angry: "Things were hard in their day too you know" The worst thing is that they all think that as my partner and I are in reasonably decent jobs that we must be rolling in it. :-( P
  7. Not surprised at that! I bet the bullies are remembering those days fondly ;-) P
  8. Yes, no real crash in the Newcastle area. But no forced sellers means that most prices are in la la land. Will it last long enough for wage inflation to catch up? P
  9. A couple of luxury cruises followed by care home costs may un-stich that strategy* :-( *Assuming they are not MEW'ed up to the hilt already.
  10. There are many many left and left of centre people I meet that miss the above. Labour voting boomers in particular have a massive blind spot for this. They grew up as poor children from a working class background. They just cannot acknowledge they are now wealthy and today's poor young are totally shafted. I don't think I have actually met a left winger over 30 who thinks high house prices are bad. P
  11. I got offered about 3.5 joint with a 10% deposit. Maybe nationwide are a bit slack? P
  12. I went to two viewings yesterday *shame* On the plus side they were easy to get appointments for
  13. In today's press release Rightmove are predicting a five percent fall for next year. Prices down three percent this month according to them. Sorry no link, can someone please add?
  14. -1 from me. I can see no way they have gone up. The although volumes as so small anything could happen.
  15. :angry: Not surprised though. Just enough ticking over to keep the whole pyramid going.
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