dpg50000 Posted January 7, 2018 Share Posted January 7, 2018 Just now, Dorkins said: The biggest hike in house prices was 1996-2004 i.e. before the central and eastern European countries joined the EU. 2004-7 HPI was relatively small in comparison except in Northern Ireland. Not in the North West. A friend bought in 2003 for 53K, up from 35K 4 years previous. It was then sold late 2007 (with very little work done) for 103K. Quote Link to comment Share on other sites More sharing options...
Dorkins Posted January 7, 2018 Share Posted January 7, 2018 2 minutes ago, dpg50000 said: Not in the North West. A friend bought in 2003 for 53K, up from 35K 4 years previous. It was then sold late 2007 (with very little work done) for 103K. That's not what the Nationwide regional data say: Quote Link to comment Share on other sites More sharing options...
Parkwell Posted January 7, 2018 Share Posted January 7, 2018 Feels more like 2006 to me. Sustained period of low interest rates, market still climbing despite eye-watering prices. BOE starting to increase rates. But this time rates don't need to go high for people to get into serious trouble. There's lots of other factors in play. A good chance the wheels are about to fall off... again. Will the govt be able to bail out again? The cycles theory has some evidence but the level of govt interference post 2008 could be enough to break any loose cycle, just as WWII did. Quote Link to comment Share on other sites More sharing options...
iamnumerate Posted January 8, 2018 Share Posted January 8, 2018 On 1/6/2018 at 7:23 PM, Calcutta said: If anybody had the magic numbers to predict what was going to happen they'd be sat on the beach surrounded by girls and champagne not sat with Keiser telling us tinfoil hatters about it. Good point. Quote Link to comment Share on other sites More sharing options...
Fence Posted January 8, 2018 Share Posted January 8, 2018 (edited) On 06/01/2018 at 7:23 PM, Calcutta said: If anybody had the magic numbers to predict what was going to happen they'd be sat on the beach surrounded by girls and champagne not sat with Keiser telling us tinfoil hatters about it. Mrs Fence sir she say she very sorry not to post come back but sand too hot. She asks to say lifestyle overrated. Must go now for oil rub and bring more champagne......Oh, hello Misters Keisers sirs, you again come visiting.... Edited January 8, 2018 by Fence Quote Link to comment Share on other sites More sharing options...
Locke Posted January 9, 2018 Share Posted January 9, 2018 On 1/6/2018 at 6:02 PM, Kosmin said: Could any other event disrupt it? The internet. Quote Link to comment Share on other sites More sharing options...
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