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Danger Signals Still Dog Housing Market

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The IMF have been constantly telling us that Browns Economy is massivly flawed..

How dare they?

Gordon Brown is an economic genious and I love him...

He is my hero..

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He is an in-genious grabber of tax revenue

I could think of a few other things to call him...

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Hi

Well the IMF seem great at predicting UK house prices. They are now 45% higher than when the first warned (The first I can find anyway, but they might have warned before) of a sudden collapse in the UK housing market!

10 December 2002 (UK house prices £119,943)

http://archives.econ.utah.edu/archives/a-l...50/msg00044.htm

The warning for the chancellor from the international monetary fund (IMF) was contained in its latest survey of the UK economy which, it pointed out, was vulnerable to a sudden collapse in the housing market, leading to a loss of consumer confidence and thousands of job losses.

Monday, 3 March, 2003, 16:10 GMT (UK House price £125,933)

http://newswww.bbc.net.uk/1/hi/business/2814809.stm

IMF warns of UK house price bubble

Is the market still booming?

The International Monetary Fund has warned the UK it could be facing a dangerous house price bubble

24/9/2004 (UK House price £163,423)

http://archives.tcm.ie/irishexaminer/2004/...ry532863769.asp

IMF warns of UK house price crash

Rising interest rates could trigger a house price crash in the UK, the International Monetary Fund warned today

20/04/2006 (UK house price £173,778)

http://www.telegraph.co.uk/money/main.jhtm...0/ixportal.html

The prospect of a house price correction still looms large over Britain, the International Monetary Fund has warned in its closely-watched survey of the world economy

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Hi

Well the IMF seem great at predicting UK house prices. They are now 45% higher than when the first warned (The first I can find anyway, but they might have warned before) of a sudden collapse in the UK housing market!

10 December 2002 (UK house prices £119,943)

http://archives.econ.utah.edu/archives/a-l...50/msg00044.htm

The warning for the chancellor from the international monetary fund (IMF) was contained in its latest survey of the UK economy which, it pointed out, was vulnerable to a sudden collapse in the housing market, leading to a loss of consumer confidence and thousands of job losses.

Monday, 3 March, 2003, 16:10 GMT (UK House price £125,933)

http://newswww.bbc.net.uk/1/hi/business/2814809.stm

IMF warns of UK house price bubble

Is the market still booming?

The International Monetary Fund has warned the UK it could be facing a dangerous house price bubble

24/9/2004 (UK House price £163,423)

http://archives.tcm.ie/irishexaminer/2004/...ry532863769.asp

IMF warns of UK house price crash

Rising interest rates could trigger a house price crash in the UK, the International Monetary Fund warned today

20/04/2006 (UK house price £173,778)

http://www.telegraph.co.uk/money/main.jhtm...0/ixportal.html

The prospect of a house price correction still looms large over Britain, the International Monetary Fund has warned in its closely-watched survey of the world economy

You are right

It was very worrying then

We are now in the biggest bubble of all time

Edited by Flat Bear

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http://www.telegraph.co.uk/money/main.jhtm...0/ixportal.html

The prospect of a house price correction still looms large over Britain, the International Monetary Fund has warned in its closely-watched survey of the world economy[/i]

Wish that house price correction would stop looming over my office. Me and the negs are having to sit under our desks to take the offers that are flooding in now at the highest rate for at least three years.

To the song of 'Ain't no stopping us now'

Ain't no House Price Crash now,

we're moving on,

taking out a loan!!! (da, da, da, da-da, da, da-da (big trumpet riff))

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All the while their warning doesn't materialize, the bubble grows larger, which will lead to an ultimately far more catastrophic deflation. The bears are rearing their heads again in the press it would seem - the fear of looking silly through wrong prediction is quickly diminishing as support grows for the plain facts that UK housing is severly overpriced and will return to the sustainable norm sooner or later.

Wish that house price correction would stop looming over my office. Me and the negs are having to sit under our desks to take the offers that are flooding in now at the highest rate for at least three years.

To the song of 'Ain't no stopping us now'

Ain't no House Price Crash now,

we're moving on,

taking out a loan!!! (da, da, da, da-da, da, da-da (big trumpet riff))

There are large numbers of ill informed people out there driven soley by emotion and peer pressure. We shouldn't mock the afflicted, but how would you make a living otherwise?

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I think you are right TTRTR, this quote from your link says it all:

The message will come as a disappointment for many who had assumed that the risks associated with falling house prices had now been dispelled following a series of interest rate rises
.

IR hikes have yet to begin. Don't forget the maxim: buy low and sell high.

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Wish that house price correction would stop looming over my office. Me and the negs are having to sit under our desks to take the offers that are flooding in now at the highest rate for at least three years.

To the song of 'Ain't no stopping us now'

Ain't no House Price Crash now,

we're moving on,

taking out a loan!!! (da, da, da, da-da, da, da-da (big trumpet riff))

If someone stuck a firework up your ar*se and lit it, would you feel safer the longer the fuse continued to burn? :lol:

Edited by Smell the Fear

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All the while their warning doesn't materialize, the bubble grows larger, which will lead to an ultimately far more catastrophic deflation. The bears are rearing their heads again in the press it would seem - the fear of looking silly through wrong prediction is quickly diminishing as support grows for the plain facts that UK housing is severly overpriced and will return to the sustainable norm sooner or later.

There are large numbers of ill informed people out there driven soley by emotion and peer pressure. We shouldn't mock the afflicted, but how would you make a living otherwise?

:lol::lol:

Yes

House prices are £125,000 & the IMF warn of a collapse in prices

Four years later prices are £173,000 & IMF warn of a crash, and some people think because they never crashed four years previously they wont again :lol::lol:

You couldn't make it up

:lol::lol:

(Trying to be serious)

What it does mean is that there will be a much bigger correction, crash, fall in prices, levelling off downwards, drop in prices. House's wont cost so much to buy in the future.

Edited by Flat Bear

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Guest The_Oldie

Wish that house price correction would stop looming over my office. Me and the negs are having to sit under our desks to take the offers that are flooding in now at the highest rate for at least three years.

To the song of 'Ain't no stopping us now'

Ain't no House Price Crash now,

we're moving on,

taking out a loan!!! (da, da, da, da-da, da, da-da (big trumpet riff))

The more time you Estate Agents spend here trying to talk up the market, the more obvious it becomes just how worried you really are <_<.

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:lol::lol:

Yes

House prices are £125,000 & the IMF warn of a collapse in prices

Four years later prices are £173,000 & IMF warn of a crash, and some people think because they never crashed four years previously they wont again :lol::lol:

You couldn't make it up

:lol::lol:

(Trying to be serious)

What it does mean is that there will be a much bigger correction, crash, fall in prices, levelling off downwards, drop in prices. House's wont cost so much to buy in the future.

The crash has been held at bay by overly accomodative interest rates. That which was holding back the crash is dissappearing and doing so rapidly.

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Guest Winners and Losers

SITA was dreamin' when he wrote this

Forgive him if it goes astray

But when he woke up this mornin'

Coulda sworn house prices doubled in a day

The sky was all purple

There were people runnin' everywhere

Tryin' 2 run to the EA's office

U know he didn't even care

'Cuz they say two thousand zero four party over

Oops out of time

So today I'm gonna party like it's 1989

SITA was dreamin' when he wrote this

So sue him if he rips you off

But being an EA is just a party

And parties weren't meant 2 last

War is all around us

My mind says prepare 2 fight

So if I gotta die

I'm gonna MEW tonight

Yeah, they say two thousand zero four party over

Oops out of time

So tonight I'm gonna party like it's 1989

Yeah

Lemme tell ya somethin'

If U didn't come 2 buy

Don't bother knockin' on my EA door

I got a commission in my pocket

And baby it's ready 2 soar

Yeah, everybody's got a bomb

We could all die any day

But before I'll let that happen

I'll MEW my life away

They say two thousand zero four party over

Oops out of time

We're runnin' outta time

So tonight we gonna, we gonna (Tonight SITA's gonna party like it's 1989)

Say it 1 more time

Two thousand zero four party over

Oops out of time

No, no

So tonight we gonna, we gonna (Tonight SITA's gonna party like it's 1989)

Alright, it's 1989

You say it, 1989

1989

1989 don't stop, don't stop, say it 1 more time

Yeah, 1989

Don'tcha wanna go (1989)

Don'tcha wanna go (1989)

We could all die any day (1989)

I don't wanna die

I'd rather MEW

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There are large numbers of ill informed people out there driven soley by emotion and peer pressure.

If your looking for a one liner to sum this market up....that is it.

Herds eventually get slaughtered and flocks eventually get fleeced :rolleyes:

One in three sellers are downsizing, they are in essence shorting the housing market.

Indeed on the down size program on BBC 1 right now, features a "Financial Adviser" who is downsizing nuff said :ph34r:

Edited by Catch22

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Guest Winners and Losers

"Financiale Adviser"

Should I be saying that with a pretend foreign type accent?

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Should I be saying that with a pretend foreign type accent?

just for the record I altered it before WAL posted her cheeky onliner :P

Oh Down Sizing, it's in Settle North Yorks.....that's a bit out...now they are looking even further out at Bentham......Hill Billy country...real sticks ville, every body related :P

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Wish that house price correction would stop looming over my office. Me and the negs are having to sit under our desks to take the offers that are flooding in now at the highest rate for at least three years.

To the song of 'Ain't no stopping us now'

Ain't no House Price Crash now,

we're moving on,

taking out a loan!!! (da, da, da, da-da, da, da-da (big trumpet riff))

How big is your portfolio of BTL properties Spring?

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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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