stripycat Posted December 30, 2005 Share Posted December 30, 2005 House prices are unlikely to fall sharply next year, but will again fail to match growth in average earnings, according to the most prominent property market forecasters. The two lenders that produce house price indices – Halifax and Nationwide – expect growth of no more than 3 per cent next year; the consensus among independent economists is that earnings will grow by 4 to 4.5 per cent. But an interesting last sentence Conventional wisdom has it that the time to sell is when everyone is buying; another signal, perhaps, is when the last pessimists turn optimistic. Just because the market has defied expectations for so long, however, does not necessarily mean that the danger is now past. http://news.ft.com/cms/s/374b6322-7966-11d...00779e2340.html Quote Link to comment Share on other sites More sharing options...
FollowTheBear Posted December 30, 2005 Share Posted December 30, 2005 Conventional wisdom has it that the time to sell is when everyone is buying; another signal, perhaps, is when the last pessimists turn optimistic. Just because the market has defied expectations for so long, however, does not necessarily mean that the danger is now past. http://news.ft.com/cms/s/374b6322-7966-11d...00779e2340.html Precisely because the market has defied expections for so long is the reason the danger is only just beginning. What a bunch of idiots. Quote Link to comment Share on other sites More sharing options...
right_freds_dead Posted December 30, 2005 Share Posted December 30, 2005 (edited) what else were they going to say ? Edited December 30, 2005 by right_freds_dead Quote Link to comment Share on other sites More sharing options...
frugalista Posted December 31, 2005 Share Posted December 31, 2005 Precisely because the market has defied expections for so long is the reason the danger is only just beginning. What a bunch of idiots. It is like waiting for a bus. You never know when one will arrive. But the longer you are waiting the *more* likely one will arrive in the next time period. And if you really wait ages, then 3 come at once, which is the bus equivalent of 90% off house prices, I think. frugalista Quote Link to comment Share on other sites More sharing options...
lewissheridan Posted December 31, 2005 Share Posted December 31, 2005 It is like waiting for a bus. You never know when one will arrive. But the longer you are waiting the *more* likely one will arrive in the next time period. And if you really wait ages, then 3 come at once, which is the bus equivalent of 90% off house prices, I think. frugalista it's sod law that that happens, but it happens so often, my face will be like when it does! 90%!!! that will be the ideal scenario Quote Link to comment Share on other sites More sharing options...
theChuz Posted December 31, 2005 Share Posted December 31, 2005 it's sod law that that happens, but it happens so often, my face will be like when it does! 90%!!! that will be the ideal scenario If i was you i wouldn't even consider anything like 90% Quote Link to comment Share on other sites More sharing options...
crudeFool Posted December 31, 2005 Share Posted December 31, 2005 If i was you i wouldn't even consider anything like 90% I think 40% off would be about right adjusting for inflation over the past 4-5 years... Regards, crude Quote Link to comment Share on other sites More sharing options...
theChuz Posted December 31, 2005 Share Posted December 31, 2005 I think 40% off would be about right adjusting for inflation over the past 4-5 years... Regards, crude Yep that sounds more reasonable, dont know if it will be even that much though but 25% - 40% seem plausable. Depends on how long folks are willing ro wait for i suppose. Quote Link to comment Share on other sites More sharing options...
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