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House Price Crash Forum

IDN

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Everything posted by IDN

  1. nah -the media have got Greece contained - does joe public understand or even know about whats happening in greece right now? they sure as hell dont know the consequences-
  2. yep and i suspect you may have a deposit ready to pounce in the unlikely event of any crash also i cant see london falling 25% this time next year- barring an absolute catastrophe
  3. Jeez!!! You're like a machine!!! Nothing escapes you!
  4. Or it cud just be that charlie's a kunt n not a looker- he must have a stash of cash or a third leg
  5. some good opportunities in london there laymans question - if you're buying a house at one of these auctions - is the idea that you have the money rather than requiring a mortgage? im pretty sure thats the case -
  6. 300k for yeovil!!!! WTF indeed!!! bloody ell- i think i need a lie down after seeing a 300k house in yeovil- staggering
  7. great post - you've hit the nail on the head several times there! governments should let nature take its course - it will mean tough times for many - but after some time there may well be a real recovery- not this fake rubbish we are hearing about.
  8. hahaha she does work for the BBC ie only those with a distinct lack of intelligence need apply
  9. To me it feels like groundhog day- on the one hand we've got loads of news/data that shows the economy is weakening, inflation is high, repos are on the rise etc etc and on the other hand- the MPC are'nt going to raise IR any time soon- i cant see them raising rates this year- maybe a 0.25 token gesture rise at some point next year, they voted 7-2 against raising rates, this despite inflation being 4.5% and rising and yesterday paul fisher was talking about QE3. You'd think they would raise IR which may help lower house prices- but its just not going to happen - house prices will be maintained at what ever cost. It's really depressing and frustrating - i see little reason to be optimistic
  10. WTF Indeed!!! who the hell is going to pay 500k for that! Whoever it is must have one hefty deposit
  11. i'm looking at East London and have not seen any increase in stock
  12. IR rises? I'll believe it when i see it - we've had this 'IR are going to rise' crap for the last 4 years - IR havent moved in that time, i don;t think IR will be going up till the 2nd quarter next year
  13. yer i can see IR staying low for a while- looks like the inflation target will be ignored now- GDP is what they're more interested in - certainly thats the feeling i get from the media
  14. i have visited parts of brent namely ealing and wembley -these areas are like non-white zones, what i dont understand is how these people came into the country in the first place? they arent alone- they bring their parents and grand parents, you can see them they dont speak in english, mostly using walking sticks!!
  15. are we in on this? i would be furious if we dont get ronaldo and mourinho as part of the deal
  16. i agree:) plough your money into the tech bubble! i think we are in bubble territory here the similarities to the dot com bubble are there fore all to see- the numbers just dont add up- there is one argument i'd use to say this isnt a bubble- there is a wall of money floating around the system looking for a home, commodities have taken a bit of a hit, the chinese have money to burn and there is inflation perhaps this bubble has a way to go and then the smart folks will get out before it bursts.
  17. The mere mention of Hendon conjures up horrible images from my past - i remmember going to brent cross and taking the wrong bus there in my youth- in the late nineties, Hendon looked like it was stuck in the seventies! I had the misfortune of driving through Hendon a few weeks back- although parts of it have improved, large swates of the town are stuck in a timewarp. Heyho it could be worse= Isleworth anyone?
  18. ive lived in london all my life- at the moment im living in a bit of a dump of an area in west london- what i can see is people around me unaffected by the cuts, spending without fear- they're working hard mind - i know of several people who work 7 days a week - people around me arent affected by the economic slow down and i think they represent a large number of people in london- if prices fall in london they wont fall much and i cant see affordable housing returning - or i dont see any crashes in london - theres far too much demand, high poulation, loads of money around. I know some may point to falls in the US and Japan- but i would say NY is holding up and japan doesnt have a rising population. I hope i'm wrong but i dont think i am- high house prices in london are here to stay
  19. get on the queue and tick yes to the following: non-white have kids woman disabled forget it if your a single bloke!:
  20. mulitiples of 50k? in IT? can i ask what you do in IT? ie trade support/dev?
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