TheCountOfNowhere Posted July 10, 2017 Share Posted July 10, 2017 http://metro.co.uk/2017/07/09/house-prices-slipping-in-wake-of-warning-about-market-on-verge-of-collapse-6765656/ A well-respected report is expected to show that house price rises are slipping in the wake of warnings that the market is on the verge of collapse. I don't know why, but this makes me want to: Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted July 10, 2017 Author Share Posted July 10, 2017 "London and then move out across the rest of the country. In the capital, you are already seeing house prices rising less rapidly than in other parts of Britain.’" Can't bring them selves to say...falling. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted July 10, 2017 Author Share Posted July 10, 2017 Pretty much confirming what we've said on here for a while. London is the centre of the Tsunami. The wave has hit the shires pushing prices up to insane levels. When the wave retreats it'll leave much flotsam left behind. No one in the shires can afford to pay the prices the london loons moving out of the city have been paying....when prices in London collapse they have no one to sell to. Quote Link to comment Share on other sites More sharing options...
btl_hater Posted July 10, 2017 Share Posted July 10, 2017 ‘We are due a significant correction in house prices. I think we are beginning to see signs that correction may be starting,’ he said How many thousand of commuters have read that lovely little quote this morning? Quote Link to comment Share on other sites More sharing options...
afly Posted July 10, 2017 Share Posted July 10, 2017 No. 1 recommended comment Quote Bring back 100% mortgages! Who these days have a deposit rent work have children and manage to save... whilst trying to survive living not many Problem solved! Quote Link to comment Share on other sites More sharing options...
“Nasty Piece of work” Posted July 10, 2017 Share Posted July 10, 2017 I live in the SE, and in the last 7 - 10 DAYS have seen prices softening from Space Cadet Crazy to Bat Crap Crazy. A long way to go - but very, very fast. I do so hope I'm right - by August I should be able to smell the fear. Quote Link to comment Share on other sites More sharing options...
Fromage Frais Posted July 10, 2017 Share Posted July 10, 2017 2 hours ago, TheCountOfNowhere said: Pretty much confirming what we've said on here for a while. London is the centre of the Tsunami. The wave has hit the shires pushing prices up to insane levels. When the wave retreats it'll leave much flotsam left behind. No one in the shires can afford to pay the prices the london loons moving out of the city have been paying....when prices in London collapse they have no one to sell to. Quote Link to comment Share on other sites More sharing options...
Saving For a Space Ship Posted July 10, 2017 Share Posted July 10, 2017 then ... V.I's on a bridge... can't take any more... https://www.youtube.com/watch?v=VOQ8KadjolI&list=RDVOQ8KadjolI#t=3 Quote Link to comment Share on other sites More sharing options...
Freki Posted July 10, 2017 Share Posted July 10, 2017 Fresh from the Guardian live feed: Quote The Bank of England is also concerned that lenders are offering longer and longer mortgages. Deputy governor Sam Woods warns that some borrowers could find themselves still paying off their debts when they reach retirement. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted July 10, 2017 Author Share Posted July 10, 2017 51 minutes ago, Mine the wheatfield said: I live in the SE, and in the last 7 - 10 DAYS have seen prices softening from Space Cadet Crazy to Bat Crap Crazy. A long way to go - but very, very fast. I do so hope I'm right - by August I should be able to smell the fear. Have a look my BTLers heading for the exit, one HMO in Tunbridge wells, asking price down 450K and going to action at 500K below IAP. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted July 10, 2017 Author Share Posted July 10, 2017 Qality comments. David Peers · London, United Kingdom Chamith Gunathilaka If people can't see a bubble when it's smacking them in the face that's their problem - I'm sick of seeing idiots falling over themselves to take on stupid ammounts of debt. The era of the prudent draws nearer. C'mon own up, which one of you id David Peers ? Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted July 10, 2017 Author Share Posted July 10, 2017 Yan Leebar there's a shame eh - imagine if it was easier for people to buy a home - as opposed to an investment.wouldn't that be terrible? Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted July 10, 2017 Author Share Posted July 10, 2017 "Leon Cox · London, United Kingdom House prices will never crash unless they completely turn off borrowing. If house price dropped anyone who has cash knocking about would just snap them up.." I have cash knocking about and I wouldnt touch pwopatee with a barge poll. Wishfull thinking there, people with money didn't get it by bailing out idiots. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted July 10, 2017 Author Share Posted July 10, 2017 Andrew Rendell I was in negative equity for some time in the late 1990s, the idea that property won't go down in price is absurd. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted July 10, 2017 Author Share Posted July 10, 2017 Becky Winmill Crossing my fingers the fall to the floor ? Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted July 10, 2017 Author Share Posted July 10, 2017 Marc Thomas · Storeman at Columbian Cartel What is with the media at the moment we have had terror attack a messed up election, brexit to deal with and the tower fire and the media are still trying to creat a sense of panic. "SENSE OF PANIC"..... Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted July 10, 2017 Author Share Posted July 10, 2017 Luke Jackson GOOD Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted July 10, 2017 Author Share Posted July 10, 2017 My Hero.... Lee Pedder Last month Halifax reported falls of 1% , not yet reflected in the annual figures due to growth last year. Sorry but you're wrong, house prices are falling. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted July 10, 2017 Author Share Posted July 10, 2017 Thomas Wilson · Kilmarnock Technical College as Thatchers policy was to make everyone buy house so they could never strike as they would always have to pay their mortgage and always have to pay for repairs, oh and make their mortgage lenders lots of money. Then fooled them that the prices would go up forever Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted July 10, 2017 Author Share Posted July 10, 2017 Umihito Kurogawa Where I live prices have hardly gone up in the last ten years. In other places they have doubled or even tripled in the same time. How can that even make sense? It's sheer speculation, greed and hysteria. Hope there's a crash, particularly in the areas that have seen the most ridiculous rises. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted July 10, 2017 Author Share Posted July 10, 2017 Thorarrin Jezard Good this'll teach the baby bangers oops I mean boomers for their lives of greed that have destroyed the chances of today's young! You reap what you sow oldies! Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted July 10, 2017 Author Share Posted July 10, 2017 Great comments and a few bubble supporters who sound like they are desperate to talk the market up. No one is falling for it tho. Quote Link to comment Share on other sites More sharing options...
Freki Posted July 10, 2017 Share Posted July 10, 2017 (edited) You realised you posted 13 times back to back? Edited July 10, 2017 by Freki Quote Link to comment Share on other sites More sharing options...
GinAndPlatonic Posted July 10, 2017 Share Posted July 10, 2017 15 minutes ago, Freki said: You realised you posted 13 times back to back? He`s excited Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted July 10, 2017 Author Share Posted July 10, 2017 17 minutes ago, Freki said: You realised you posted 13 times back to back? Right, you can count, you can be chancellor when we sweep to power. Quote Link to comment Share on other sites More sharing options...
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