Jump to content
House Price Crash Forum
Sign in to follow this  
Caveat Mortgagor

House Price Uptick An Illusion

Recommended Posts

He lost my attention at this part.... :lol:

The irrefutable justification for that is that is this might take out some sterile mono-culture agriculture that requires huge amounts of pesticides and fertilizer (so as to pollute the groundwater so that men can grow tits, push their sperm-count down to zero, and get breast cancer; when they drink the water).
:blink::blink::blink:

Share this post


Link to post
Share on other sites

Other than the feel good stories citing dodgy anecdotals and manipulated statistics, there is no evidence to indicate an upturn.

Rather, it would appear we are only in the 1st quarter/third of crash.

Flame on rampers... but deep in your miserable guts you know it to be true.

Share this post


Link to post
Share on other sites

Great find that, and a great article - spells it out quite well apart from a few rants here and there.

What really made me laugh was a poster that dismissed the whole article on a rant that is scientifically proven, and more to the point, the whole article is substantiated through science/maths.

Ive said it before and ill say it again, there will be a 50% fall from peak to trough, my flat is the living article, i bought for 30k in 95, the guy i bought it from paid 60k for it in 89.

Peak value roughly 120k (2007), todays value about 90k - still some way to go.

By the way, i paid the mortgage of years ago, so I am not concerned about the value - its my home.

Share this post


Link to post
Share on other sites
Telegraph report cannot see a recovereh either!

http://www.telegraph.co.uk/finance/economi...pc-by-2010.html

"The UK economy is still in dire straits and it is unlikely that the full impact of declining employment has yet hit the housing market. The issue of unemployment is a significant downside for domestic buyers, and the indicators point to unemployment continuing to grow."

I am turning into Eric.

:unsure:

Share this post


Link to post
Share on other sites
Ive said it before and ill say it again, there will be a 50% fall from peak to trough, my flat is the living article, i bought for 30k in 95, the guy i bought it from paid 60k for it in 89.

Peak value roughly 120k (2007), todays value about 90k - still some way to go.

By the way, i paid the mortgage of years ago, so I am not concerned about the value - its my home.

I paid £25k for mine in 1994 (central Brighton) the friend I bought it off had it valued at its peak a few years earlier at £80k :blink:

Share this post


Link to post
Share on other sites
...The issue of unemployment is a significant downside for domestic buyers...

er, what, so having no job is a "downside" for a buyer?? mightn't it be a tiny bit more than that??

WHAT UPTICK????

The same 1 out of 3 indices rising as happened in January that everyone ignored?

The rightmove baloney?...

yes, that's the one, that uptick. that and the VIs sinking a large slice of their remaining credibility into pushing specious 'green shoots' 'news' stories.

Edited by the flying pig

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   292 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.