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Buffer Bear

100% Price Rises Over 10 -15 Years -

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I really couldn't stop laughing at this nonsense the VI's continue to peddle. Are the British public really so gullible? :unsure:

http://www.easier.com/view/News/Property/article-35861.html

NAEA President Christopher Hall comments: “Once again a property crash was averted in 2005 despite forecasts at the beginning of the year from doom mongers to the contrary. Many of us predicted a slow but steady year, which 2005 indeed proved to be.

ROFL

Forecasts: 100% price rises over next 10 to 15 years

Hall comments: “I believe that UK house prices will not surge in 2006 as we have seen in previous years, but prices have levelled out and I anticipate property values to show small but steady increases of approximately 2-5%, enough to keep up with inflation or wage increases assuming employment levels and interest rates remain about the same. A few areas will be playing “catch-up” and could see some substantial gains. For the long term, I have reason to believe, and am confident, in the average house price increasing by up to 100% over the coming 10 to 15 years so my advice is to continue to invest in bricks & mortar.”

So who will actually be able to afford my neighbour's 5 bedroom house when it doubles to 1.5 million? In reality, I predict in 5-6 years it will be back to its 2001 valuation of 500k :ph34r:

Edited by Buffer Bear

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I really couldn't stop laughing at this nonsense the VI's continue to peddle. Are the British public really so gullible? :unsure:

sadly, yes

:huh:

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sadly, yes

:huh:

Amanda Lamb said prices in Europe would rise between 350-520% over the next 10 years, as always it looks like Britain will lag behind, I'm starting to think these figures may just be made up.

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  • 301 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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