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Bingley Bloke

The Last Breath?

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The last breath?

... Or an indication that many of us here have got it horribly, horribly wrong.

Did anyone see this coming at the back end of 2005?

Edited by Europa

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... Or an indication that many of us here have got it horribly, horribly wrong.

Did anyone see this coming at the back end of 2005?

Spikes a crashes have jagged edges. The fall to the downside will not be smooth. There will be good days and bad days. The trend is down. Rate of HPI- YoY has been falling for almost 2 years.

The trigger will probably be IR and as the world moves up my guess is that the B o E will have to get in line and move up also. If they do not inflation and a sterling crash will be guaranteed.

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The underlying trend or moving average is the important thing, look at results from Bovis today, without social housin work they would be sunk.

Selling lots of cheap boxes on thin margins to housing associations keeps the volumes up, scratch a little deeper and private sales aren't too hot.

Edited by BuyingBear

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You all worry to much living this situation play by play day by day.

If you couldn't afford to buy then and you cant afford to buy now then the situation is the same.

If you think that houses were overvalued surely they are more over valued now.

If you thought economic circumstances were stacked agaisnt housing its even worse now.

If you can't handle it , look away, you still wont be able to afford anything, it wil still be overpriced, the economy will still be on its downward spiral but, if you can't handle it ... look away.

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... Or an indication that many of us here have got it horribly, horribly wrong.

Did anyone see this coming at the back end of 2005?

We've got a surge in valuation instructions for purchases and building surveys too. No sign of a crash where I am.

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What I find most curious is this constant reference to "recovery" and "bouncing back"... if you believed those same media channels, then there was never any mention or acknowledgement of there being a "slowdown" or "fall" in the first place. <_<

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... Or an indication that many of us here have got it horribly, horribly wrong.

Did anyone see this coming at the back end of 2005?

I do think you're right. Although saying that, I never thought there would be a cut in IRs in August. It goes to show that the SIPPS hype, along with the IR cut released that pent up demand from buyers. However, I do think the downward trend will return if IRs don't fall again - if they go up, there will be a shock to sentiment!

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I do think you're right. Although saying that, I never thought there would be a cut in IRs in August. It goes to show that the SIPPS hype, along with the IR cut released that pent up demand from buyers. However, I do think the downward trend will return if IRs don't fall again - if they go up, there will be a shock to sentiment!

UP IT 0.5% FFS!!!

The country is going to be phucked for years if they allow this DEBT BUBBLE to continue!

TB

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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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