Jump to content
House Price Crash Forum
Sign in to follow this  
Leonard Hatred

Daily Express Reduced To Pathetic Pleading

Recommended Posts

15031025.jpg

With every house price prediction made by this laughing stock of a newspaper now lying in ruins (particularly "who say there's a slump?" a couple of months back), I find it particularly amusing that they're now reduced to begging for desperate measures to stall the inevitable crash <_<

Share this post


Link to post
Share on other sites

britain needs a holiday alright. a holiday from all the bull shit.

i need a holiday. a holiday from working for no more than the hope of the smallest home in town, for the highest price in history.

Share this post


Link to post
Share on other sites
britain needs a holiday alright. a holiday from all the bull shit.

i need a holiday. a holiday from working for no more than the hope of the smallest home in town, for the highest price in history.

Looks like you can at least expect a day off.

I hope you get the full fortnight.

Share this post


Link to post
Share on other sites

I have a Private Eye annual from 2000 which has Express and Mail headlines predicting a massive slump in house prices, just at the start of the fastest HPI in modern history.

I generally find you are best to think the exact opposite of these papers and you'll be on the right side of the arguement.

However I had a conversation last night with someone who has a friend buying a 3 bed house in the worst part of town for £230k, I asked if she was aware that house prices were falling fast but got the stock reply of "yeah but it is a bargin and it's the best time to buy"

Share this post


Link to post
Share on other sites

Utter bol.locks! House prices have dropped way more than stamp duty recently. What do they want, blood?

Oh all right then. In a bath :D

Share this post


Link to post
Share on other sites
Utter bol.locks! House prices have dropped way more than stamp duty recently. What do they want, blood?

Oh all right then. In a bath :D

Halifax says average house has dropped £19,500 from £199,800 to £180,300.

Stamp duty on the average house is therefore now £1803.

If a drop of £19500 didn't improve affordability, why will a drop of £1803?

Share this post


Link to post
Share on other sites
Christie (whoever she is) has clearly adopted the right strategy.

Ahhh but has she won 18 homes in the divorce or 18 mortgages?

Share this post


Link to post
Share on other sites
Halifax says average house has dropped £19,500 from £199,800 to £180,300.

Stamp duty on the average house is therefore now £1803.

If a drop of £19500 didn't improve affordability, why will a drop of £1803?

Exact-o! Well put.

Share this post


Link to post
Share on other sites
Christie (whoever she is) has clearly adopted the right strategy.

Possibly not. If they are all in Florida, then she's getting about $700 in total as a settlement :D:D:D

Share this post


Link to post
Share on other sites

you lot avin a laugh its Christie Brinkley stunning model from the 80's who was once married to Billy Joel who's song Uptown Girl was penned re his relationship to her.

Maybe im showing my age

Share this post


Link to post
Share on other sites

Whilst prices are dropping 1 or 2% per month, it obviously makes no difference. Buyers would just wait. Prices will be dropping into lower stamp duty bands anyway. If average prices gets down to 100K, thats well under the 1% threshold.

Hovever, when we reach the time where the falls are mostly over and there is a mix of up and down monthly changes, it can lower the barrier to entry for cash buyers and those with decent deposits.

By narrowing the distance between buyers capacity and seller demands, there should be a slight increase in the number of transactions.

VMR.

Share this post


Link to post
Share on other sites
Halifax says average house has dropped £19,500 from £199,800 to £180,300.

Stamp duty on the average house is therefore now £1803.

If a drop of £19500 didn't improve affordability, why will a drop of £1803?

Exactly the point I was making yesterday (link)

Share this post


Link to post
Share on other sites
15031025.jpg

With every house price prediction made by this laughing stock of a newspaper now lying in ruins (particularly "who say there's a slump?" a couple of months back), I find it particularly amusing that they're now reduced to begging for desperate measures to stall the inevitable crash <_<

So what if I can save a couple of k on stamp duty.

If prices keep falling, the type of property I want will drop out of stamp duty banding anyway.

Share this post


Link to post
Share on other sites
This front page demonstrates that Richard "Dirty" Desmond is absolutely sh#tting himself at the moment! I reckon it won't be long until he goes back to peddling toss mags again! :lol:

:P

Share this post


Link to post
Share on other sites
you lot avin a laugh its Christie Brinkley stunning model from the 80's who was once married to Billy Joel who's song Uptown Girl was penned re his relationship to her.

Maybe im showing my age

You forgot to add in Global Warming, Food and Fuel prices / panic and "The Credit Crunch" attacking some poor defenceless old lady again...... :P

AJ

Share this post


Link to post
Share on other sites
Tomorrow it will be an apocalyptic weather forecast, the day after madeleine, then diana, then house related headline again.

Being the editor of the Express must be the easiest job in the world

You forgot to add in Global Warming, Food and Fuel prices / panic and "The Credit Crunch" attacking some poor defenceless old lady again...... :P

AJ

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.

  • 395 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.