eric pebble Posted December 27, 2010 Share Posted December 27, 2010 Expect two more years of house price pain. Telegraph columnist Roger Bootle tells Robert Miller why house prices could continue to fall for another two years. http://www.telegraph.co.uk/finance/economics/8219165/Expect-two-more-years-of-house-price-pain.html Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted December 27, 2010 Share Posted December 27, 2010 Is he still talking 20 or 30 percent falls in prices? I doubt it? Quote Link to comment Share on other sites More sharing options...
awaytogo Posted December 27, 2010 Share Posted December 27, 2010 Expect two more years of house price pain. Telegraph columnist Roger Bootle tells Robert Miller why house prices could continue to fall for another two years. http://www.telegraph.co.uk/finance/economics/8219165/Expect-two-more-years-of-house-price-pain.html That means 5 years then Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted December 27, 2010 Share Posted December 27, 2010 Is he still talking 20 or 30 percent falls in prices? I doubt it? Why? Quote Link to comment Share on other sites More sharing options...
1888 Posted December 27, 2010 Share Posted December 27, 2010 Is he still talking 20 or 30 percent falls in prices? I doubt it? I dont the Govt has to continue the bust so the boom can get started again in the future the bankers have to screw the people to the max or there was little point trapping so many in their debt net in the 1st place . They'll squeeze til yer pips squeak Quote Link to comment Share on other sites More sharing options...
Kilham Posted December 27, 2010 Share Posted December 27, 2010 (edited) Expect two more years of house price pain. I've had years of house price pain and am now looking forward to some pleasure . Edited December 27, 2010 by Kilham Quote Link to comment Share on other sites More sharing options...
eric pebble Posted December 28, 2010 Author Share Posted December 28, 2010 I dont the Govt has to continue the bust so the boom can get started again in the future the bankers have to screw the people to the max or there was little point trapping so many in their debt net in the 1st place . They'll squeeze til yer pips squeak Yup..... Round and round the mulberry bush.... Quote Link to comment Share on other sites More sharing options...
MrPin Posted December 28, 2010 Share Posted December 28, 2010 Unless it's "different this time", and looking at the blue graph on the front page, I reckon four years might be a better prediction! Quote Link to comment Share on other sites More sharing options...
crouch Posted December 28, 2010 Share Posted December 28, 2010 Expect two more years of house price pain. Telegraph columnist Roger Bootle tells Robert Miller why house prices could continue to fall for another two years. http://www.telegraph.co.uk/finance/economics/8219165/Expect-two-more-years-of-house-price-pain.html We have a lethal combination of rising prices and stagnant pay and that means a squeeze on incomes which will dampen any consumption activity and, for that matter house prices. In the 70s, which I well remember as I bought my first property in 1975, you had rising prices and rising wages which not only helped to support consumption but it also eroded debt. I bought a flat in North London and, a month later, had a 20% salary increase; consequently the debt burden was immediately eroded. This is not at all the current situation which is far worse for the vast majority. In my view we're in a phoney war; very little of the huge financial problems have been fixed and all the heavy lifting remains, despite noises from VIs. Quote Link to comment Share on other sites More sharing options...
eric pebble Posted December 28, 2010 Author Share Posted December 28, 2010 Unless it's "different this time", and looking at the blue graph on the front page, I reckon four years might be a better prediction! More...... Forty maybe? Quote Link to comment Share on other sites More sharing options...
fellow Posted December 28, 2010 Share Posted December 28, 2010 I've had years of house price pain and am now looking forward to some pleasure . +1 2 more years to wait for house prices to get back to normal. Quote Link to comment Share on other sites More sharing options...
MrPin Posted December 28, 2010 Share Posted December 28, 2010 More...... Forty maybe? Actually there have been periods in history, where very little "economic growth" happened for such a time! Maybe when your avatar picture was drawn! I didn't recognise you without the giant red font! Quote Link to comment Share on other sites More sharing options...
eric pebble Posted December 28, 2010 Author Share Posted December 28, 2010 Actually there have been periods in history, where very little "economic growth" happened for such a time! Maybe when your avatar picture was drawn! I didn't recognise you without the giant red font! ? Quote Link to comment Share on other sites More sharing options...
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