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Second House Price Crash Predicted As Property Prices Fall Again

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http://www.financenews.co.uk/property/second-house-price-crash-predicted-as-property-prices-fall-again/

More glum news for British homeowners; you are expected to lose the equivalent of a ‘typical annual salary’ from the value of your home by the end of 2011 according to new research.

In what’s being described as a ‘second house price crash’, Economist magazine is pre-warning homeowners with their dire financial predictions of banks being increasingly reluctant in lending money which will ultimately lead to a decrease in prices.

The survey results come at a time where those struggling to keep up with mortgage payments are increasingly turning to sell and rent back options. It’s often said that the one main downside of the scheme – that sellers are unlikely to achieve the market value for their home as they often do with an estate agent – is negated by the predicted house-selling gloom and the fact that a quick property sale through the scheme takes care of estate agent fees.

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Jan 2009 average house price £151,151

April 2010 average house price £168,719

So yeh, they will drop by a 'typical' annual salary in this 'second house price crash'. but that will only take us back to the early days of the crash proper, which was halted by the insane antics of a twisted Labour Party headed by the one eyed **** of a man, Gordon ******ing Brown.

Basically, take your 'typical annual salary' of reductions and triple it and we'll be nearly there.

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Duh the solution is simple more printing! :lol: Then houses will be 3000 trillion each...

Shame bread will cost 1.5 trillion, and the granny who always gets infront of you at the supermarket queue who decides to have a conversation with the cashier slowing down the queue will cost you even more as the price will have increased to 2 trillion.

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Duh the solution is simple more printing! laugh.gif Then houses will be 3000 trillion each...

Shame bread will cost 1.5 trillion, and the granny who always gets infront of you at the supermarket queue who decides to have a conversation with the cashier slowing down the queue will cost you even more as the price will have increased to 2 trillion.

biggrin.gif

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Duh the solution is simple more printing! :lol: Then houses will be 3000 trillion each...

Shame bread will cost 1.5 trillion, and the granny who always gets infront of you at the supermarket queue who decides to have a conversation with the cashier slowing down the queue will cost you even more as the price will have increased to 2 trillion.

nice idea,funny, but how will the shop restock in the afternoon?

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Duh the solution is simple more printing! :lol: Then houses will be 3000 trillion each...

Shame bread will cost 1.5 trillion, and the granny who always gets infront of you at the supermarket queue who decides to have a conversation with the cashier slowing down the queue will cost you even more as the price will have increased to 2 trillion.

do you think there is the remotest of possibilities this could happen? Life's too short to even entertain such silly ideas.

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do you think there is the remotest of possibilities this could happen? Life's too short to even entertain such silly ideas.

Yeh Ken,

Stop being so silly.

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The owner would prostitute the granny to a premiership footballer? :blink:

Edit: typo

Shrek!! Shrek!! Shrek!!

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do you think there is the remotest of possibilities this could happen? Life's too short to even entertain such silly ideas.

The seeds have already been planted for this to happen. The USA is in effect hyperinflating you can't print 700bn$ without consequences!

Obama wants to print another 500bn$.

The only thing stopping it from going Weirmar is the reserve currency status, i.e. China buying those things fresh off the dot matrix printers.

People are starting to demand stuff which never existed, the bank prints it out to make good their demands... which leads to 1920s Germany. ;)

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  • 259 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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