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Ash4781

Negative Equity Increasing?

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S&p negative equity report is quite scary. There seems to be a time and location divide. Negative equity seems to be worsening in some areas. Worst would seem those that bought up north in 2007.

The house price indexes seem to confirm heavy price falls in some regions

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S&p negative equity report is quite scary. There seems to be a time and location divide. Negative equity seems to be worsening in some areas. Worst would seem those that bought up north in 2007.

The house price indexes seem to confirm heavy price falls in some regions

If negative equity is getting worse, does that mean things are getting better, or worse?

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While visiting family in Barnsley last weekend (no-one wants to live there voluntarily admittedly). Every street I went down was loaded with 'For Sale'signs. Still building though...

Since my last visit several years ago I noticed several major shops had shut and a marked increase in Pound/Bargain stores and Market Stalls for market day.

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i visited friends in blackpool a few weeks ago , and prices were really coming down there,

and some houses i looked at on right move look quite cheap, !!

Relative to local salaries?

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While visiting family in Barnsley last weekend (no-one wants to live there voluntarily admittedly). Every street I went down was loaded with 'For Sale'signs. Still building though...

Since my last visit several years ago I noticed several major shops had shut and a marked increase in Pound/Bargain stores and Market Stalls for market day.

they will of course all blame it on the conservatives

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they will of course all blame it on the conservatives

The phrase - 'you could pin a labour badge on a monkey and it'd still win' was common before I left - probably still is.

To add to the earlier point regarding Barnsley and current job prospects I had a quick look at jobs as I briefly (very briefly) considered moving back.

Minimal skilled jobs available - Shift work at unfavourable hours no longer pays a premium.

That town is dying on its ar$e

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  • 284 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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