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crash2006

Average Home Price Expected To Fall £50,000

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A 17 per cent fall in prices would take the value of the average house to about £150,000, down from £199,600 in August last year, according to Halifax figures

Just to be clear, thats an extra 17pc on top of what we already have, and only as far as next April (~2% pcm). That's even more beary than me and I though I was a beary bear.

I forecast more forecasts.

VMR.

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:P

The very point of this site.

I watched this site for ages, as the media were talking up 4x, 5x, 6x mortgages!

We were being bombarded with property porn, and virtually every local

gas station, and pub were being demolished to make way for "luxury" developments.

I knew something was "wrong" somewhere, but I thought I must be going a bit mad,

as only one other person I knew could see the problem, back in 2005!

Others were taking out galactic mortgages...

Not sure how I found HPC, but what an eye-opener!

Time for some schadenfrued perhaps? , I've seen some of the mortgages my cousins have , city centre flats you can't swing a cat in , which make guest houses in Nathan Road Hong Kong look big and they are paid 190K+ for them :blink:

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I forecast more forecasts.

VMR.

:P

The very point of this site.

I watched this site for ages, as the media were talking up 4x, 5x, 6x mortgages!

We were being bombarded with property porn, and virtually every local

gas station, and pub were being demolished to make way for "luxury" developments.

I knew something was "wrong" somewhere, but I thought I must be going a bit mad,

as only one other person I knew could see the problem, back in 2005!

Others were taking out galactic mortgages...

Not sure how I found HPC, but what an eye-opener!

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  • 396 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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