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One Line Prediction............

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Whats your prediction for house prices in the next 12 months? Keep it simple. Just a brief 1 line explanation please.

Mine is a 15% drop by this time next year with no change to the Base Rate.

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Growing monthly drops until the next general election (off-peak selling season and all), followed by a large drop, after the next government reveal the depth of the problems to the misled public, and introduce actual curative policy rather than just borrow more, like the current administration is obsessed with. Followed by monthly drops for perhaps 15-30 months. Rises only when HPI has been totally forgotten about. My guess is another -30% fall over the next 3 years in total, but also factor in the pound falling in value by perhaps 20%.

Sorry, it's one line if I take all the full stop away, promise :P

Edited by jammo

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Whats your prediction for house prices in the next 12 months? Keep it simple. Just a brief 1 line explanation please.

Mine is a 15% drop by this time next year with no change to the Base Rate.

A prime example of the question posed in the thread: Does Anyone Else Get The Feeling Hpc.co.uk Has Turned Into A Parody Of Itself?

It's this kind of flaccid twaddle that moves this forum ever closer to the bin. Topic starter: Next week, when New Tricks has finished, please just take yourself to bed.

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.... after the next government reveal the depth of the problems to the misled public, and introduce actual curative policy rather than just borrow more, ....

I'm sorry I don't believe such a group of people exist. The next government will be more of the same - you are wrong to hope for what I agree is sorely needed.

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A prime example of the question posed in the thread: Does Anyone Else Get The Feeling Hpc.co.uk Has Turned Into A Parody Of Itself?

It's this kind of flaccid twaddle that moves this forum ever closer to the bin. Topic starter: Next week, when New Tricks has finished, please just take yourself to bed.

7 posts !? What puts you in a position to judge this forum? :lol:

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7 posts !? What puts you in a position to judge this forum? :lol:

Small rises, Stagnation, Slippage in time for next spring bounce, big falls taking us to the Feb 09 Low by this time next year.

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Whats your prediction for house prices in the next 12 months? Keep it simple. Just a brief 1 line explanation please.

House prices ...

.... get talked about. Endlessly.

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Guest DissipatedYouthIsValuable

....are broken.

Edited by DissipatedYouthIsValuable

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BTL death spiral.

(One BTL LL is forced to sell at BMV and it's snapped up by first time buyers who move out of rented leaving another BTL LL with the same problem. Rinse and repeat. The rental voids won't be filled as anyone under 25 is fooked jobwise and will just stay at chez parents, even if they're in a relationship.)

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Whats your prediction for house prices in the next 12 months? Keep it simple. Just a brief 1 line explanation please.

10% falls in main indexes.

The market is going to become very unbalanced, house prices will fall in general due to unemployment causing forced sellers but very low mortgage rates for anyone in work with a good deposit means that many will support the the prices of the better homes.

VMR.

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