Tuesday, October 11, 2011

Balance minus 23

House prices keep falling in September - RICS

House prices in England and Wales continued to fall in September and the number of sales declined for the first time since January, a survey showed on Tuesday, providing further evidence of a weak housing market.

Posted by dill @ 01:21 AM (2004 views)
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14 thoughts on “Balance minus 23

  • I cannae find the full report this time – could anybody out there oblige?

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  • That maybe so, but the prices are still a complete rip off….unless of course the currency is destroyed further and the prices won’t seem that bad……

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  • That’s still the report for August I’m afraid…

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  • mark wadsworth says:

    It’s arr rooking incleasingly leriable, as the Japanese might say.

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  • Yes indeed looking very good.

    With the runaway inflation, low pay rises and Xmas soon my tea leaves are telling me:

    “NO SPRING BOUNCE IN 2012” – The Mayan prediction is coming true

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  • mark wadsworth says:

    Ooops, typo: that should read: “It’s arr rooking incleasingry leriabre, as the Japanese might say”.

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  • mark wadsworth says:

    And I’ll close Kahrds’ tag while I’m at it.

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  • それは、ますます信頼性に見ている

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  • happy mondays says:

    @ Khards – Did the Mayans have an unsustainable housing market to ? 😉 Joke aside i think this will be a Long slow painful downward trajectory down, or the End of money as the Mayans also predicted.

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  • mark wadsworth says:

    HM, yes they did, they wasted so much labour and effort on building fancy monuments that they had no spare capacity for building up actual real defences against Spanish invaders.

    The same with ancient Rome, in the end, the whole system was run by large landowners and everybody else was practically a slave or a serf (whehter nominally Roman citizen or not). They then shafted the whole economy to keep themselves in finery and the barbarians (who identified more closely with “the land” and all owned “the land” collectively and were thus prepared to fight for it) could easily kick the door in.

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  • happy mondays says:

    mw & history does repeat.. Scary or Exciting times.. 😉

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