Ash4781 Posted August 16, 2011 Share Posted August 16, 2011 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 Quote Link to comment Share on other sites More sharing options...
leicestersq Posted August 16, 2011 Share Posted August 16, 2011 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? Quote Link to comment Share on other sites More sharing options...
Guest_James Toney_* Posted August 16, 2011 Share Posted August 16, 2011 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, !! Quote Link to comment Share on other sites More sharing options...
Gerinako Posted August 16, 2011 Share Posted August 16, 2011 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. Quote Link to comment Share on other sites More sharing options...
rantnrave Posted August 16, 2011 Share Posted August 16, 2011 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? Quote Link to comment Share on other sites More sharing options...
Si1 Posted August 16, 2011 Share Posted August 16, 2011 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 Quote Link to comment Share on other sites More sharing options...
Gerinako Posted August 17, 2011 Share Posted August 17, 2011 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 Quote Link to comment Share on other sites More sharing options...
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