Jump to content
House Price Crash Forum
Sign in to follow this  
Not Long Now

Sunday Times - Nationwide Finally Admit Reductions...

Recommended Posts

http://business.timesonline.co.uk/tol/busi...icle3601935.ece

NATIONWIDE, Britain’s biggest building society, has warned that house prices could drop 5% this year because of the credit crunch.

It is the first of the big lenders to publicly say values could fall. Its official forecast, and that of rival Halifax, is that prices will be flat this year.

Share this post


Link to post
Share on other sites
Guest Bart of Darkness
Its official forecast, and that of rival Halifax, is that prices will be flat this year.

In "Realworldspeak", prices will be falling this year.

Share this post


Link to post
Share on other sites

prices could rise 5% but thats one hell of a big if !

could and maybe are not worth the paper they are written on and few market playes would stake money on nationlied profits going up with all this toxic debt in the system.

if you look hard, even now i bet you can find indications of prices going up but you need not look hard to find examples of prices going down and examples of property staying unsold.

2 years ago i said i could see prices coming down 40% but now that must seem like a wet dream to the bankers who have already seen whats happening across the water in the states

Share this post


Link to post
Share on other sites
In "Realworldspeak", prices will be falling this year.

Yes more Realworldspeak from the building societies is needed. They and all the other VIs mostly hark on in a form of property Newspeak a bit like 1984.

HPC is a thought crime. Property has always gone up. Property double plus good.

Share this post


Link to post
Share on other sites
guys, I cant post a new topic, I ve tried a load of times, its frustrating, and cant send msg to mods. Whats up?

It says forum has flood control enabled...?

help!!!

Cheers.

You have to read the rules on the front page. It explains all :)

You have to be an all round great person first...

Share this post


Link to post
Share on other sites

I would have been more impressed if the article has started

NATIONWIDE, Britain’s biggest building society, has warned that house prices could drop 5% this year because they are too expensive.

Share this post


Link to post
Share on other sites
guys, I cant post a new topic, I ve tried a load of times, its frustrating, and cant send msg to mods. Whats up?

It says forum has flood control enabled...?

help!!!

Cheers.

No Chance, Mods are all down in Brighton looking for an off with the Rockers :lol:

It`s Bank Holiday

Edited by boshdadosh

Share this post


Link to post
Share on other sites
No Chance, Mods are all down in Brighton looking for an off with the Rockers :lol:

It`s Bank Holiday

I was hoping for a serious discussion....however...

What's the difference between Heather Mills McCartney and Northern Rock?

One has only got £25Million, is on its last leg, and f**ks over the elderly with lots of savings....

....the other is a Bank.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 295 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.