Leonard Hatred Posted July 11, 2008 Share Posted July 11, 2008 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 Quote Link to comment Share on other sites More sharing options...
right_freds_dead Posted July 11, 2008 Share Posted July 11, 2008 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. Quote Link to comment Share on other sites More sharing options...
lets get it right Posted July 11, 2008 Share Posted July 11, 2008 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. Quote Link to comment Share on other sites More sharing options...
Timak Posted July 11, 2008 Share Posted July 11, 2008 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" Quote Link to comment Share on other sites More sharing options...
sossij Posted July 11, 2008 Share Posted July 11, 2008 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 Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted July 11, 2008 Share Posted July 11, 2008 I don't think a stamp duty holiday will do much. Praying for a miracle would do more good. Quote Link to comment Share on other sites More sharing options...
ChiefCashier Posted July 11, 2008 Share Posted July 11, 2008 Christie (whoever she is) has clearly adopted the right strategy. Quote Link to comment Share on other sites More sharing options...
Selling up Posted July 11, 2008 Share Posted July 11, 2008 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 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? Quote Link to comment Share on other sites More sharing options...
JohnnyB Posted July 11, 2008 Share Posted July 11, 2008 Christie (whoever she is) has clearly adopted the right strategy. Ahhh but has she won 18 homes in the divorce or 18 mortgages? Quote Link to comment Share on other sites More sharing options...
sossij Posted July 11, 2008 Share Posted July 11, 2008 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. Quote Link to comment Share on other sites More sharing options...
Agentimmo Posted July 11, 2008 Share Posted July 11, 2008 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 Quote Link to comment Share on other sites More sharing options...
eric pebble Posted July 11, 2008 Share Posted July 11, 2008 Christie (whoever she is) has clearly adopted the right strategy. Quote Link to comment Share on other sites More sharing options...
Minos Posted July 11, 2008 Share Posted July 11, 2008 Christie (whoever she is) has clearly adopted the right strategy. That's one expensive piece of p*ssy. Quote Link to comment Share on other sites More sharing options...
I Told You So Posted July 11, 2008 Share Posted July 11, 2008 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 Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted July 11, 2008 Share Posted July 11, 2008 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 Quote Link to comment Share on other sites More sharing options...
VeryMeanReversion Posted July 11, 2008 Share Posted July 11, 2008 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. Quote Link to comment Share on other sites More sharing options...
pootle Posted July 11, 2008 Share Posted July 11, 2008 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) Quote Link to comment Share on other sites More sharing options...
Slumpmonkey Returns Posted July 11, 2008 Share Posted July 11, 2008 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! Quote Link to comment Share on other sites More sharing options...
Not Long Now Posted July 11, 2008 Share Posted July 11, 2008 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. Quote Link to comment Share on other sites More sharing options...
eric pebble Posted July 12, 2008 Share Posted July 12, 2008 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! Quote Link to comment Share on other sites More sharing options...
BLOW FLY Posted July 12, 2008 Share Posted July 12, 2008 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...... AJ Quote Link to comment Share on other sites More sharing options...
BLOW FLY Posted July 12, 2008 Share Posted July 12, 2008 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...... AJ Quote Link to comment Share on other sites More sharing options...
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