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HouseDog

Housepricecrash.co.uk Discussed On Mumsnet

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2 posters tell the original poster that prices are not rising or still falling, then the original poster replies:

There are also quite a few areas I know of that have been basically flat for a number of years now, more seem to be inching up though, and now we have this new government supported incentive(bribe).

What is not happening though and will now happen in my opinion is a property crash.

Is that a typo or the poster's Freudian slip? :D

Edited by inflating

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The important part for owners is not how much housing has gone up but how much of the debt has been repaid......one is harder to do than the other, and it is far harder to move up when houses become dearer and huge amounts of debt undertaken remain the same. :o

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Nominal UK selling prices are virtually unchanged on ten years ago, so HPC wasn't all that wrong.

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To be fair, while the general economic predictions of HPC.co.uk where spot on not everyone called just how mad attempts to keep the bubble going would get.

Sibley did... I seriously think he's owed an apology...

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To be fair, while the general economic predictions of HPC.co.uk where spot on not everyone called just how mad attempts to keep the bubble going would get.

I don't think TPTB had much of a choice.....still the plan is a real fall over a long period of time.....the halcyon days of a house making more each month tax free that what you earned each month going to work are behind us. ;)

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I don't think TPTB had much of a choice.....still the plan is a real fall over a long period of time.....the halcyon days of a house making more each month tax free that what you earned each month going to work are behind us. ;)

Thank God.

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....the halcyon days of a house making more each month tax free that what you earned each month going to work are behind us. ;)

Unless you live in London (according to Rightmove, via the Guardian: http://www.guardian.co.uk/money/2013/may/20/average-london-house-prices-rockets).

According to the Rightmove property website, the average price of a house coming on to the market in the capital jumped by £16,000, or 3.3%, in a month to a record £509,000,...

Also,

The national average asking price has also hit a new high, having risen by more than £20,000, or 9.1%, since the start of 2013 to reach £249,000 – the strongest start to a year since 2004

Those are asking prices though ...

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http://www.mumsnet.com/Talk/property/1760994-Housepricecrash-co-uk

"It has now been one decade since it's launch, prices are rising again.....

Should they now be closing the site down??"

-------

:rolleyes:

Strange, looking at this graph they have been falling for 5 years and it looks like they will continue to do so for 5 years.

homepage.png

Do the mums netters know the difference between the nominal world and the....real world ?

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This site is not without its moronic comment from time to time (especially on gold, or when people start talking about banks creating money out of thin air), but that one is far worse. It is replete with casual prejudices and categorisations into easy stereotypes. Nasty, poisonous place - it should be shut down.

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  • 245 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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