Arr, but look at Threaded now after only a few weeks at ladies aerobics and half portions of pork pie.
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Oh dear: House prices won't crash
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DimPrawnDimPrawn
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rootsnallrootsnall
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I think it'll slump ( crash !? ) anyway but the one thing that could prop property prices up are the combination of low interest rates and high employment levels. Remove either and there will be trouble, it may not come this year, or next year, or the one after that, but eventually it will come and the 30% above trend prices will head back to trend.Comment
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Lucifer BoxLucifer Box
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the one thing that could prop property prices up are the combination of low interest rates and high employment levels
* delete as applicable, depending on the flavour of the week this week.Comment
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shaunbhoyshaunbhoy
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that'll teach me to read stuff before taking the piss
:rollinComment
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Mr UK BeanMr UK Bean
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PRC1964
That’s not what it says here and these are official figures.
www.citywire.co.uk/News/N...onID=74965
Prices went down 0.8% last month
Now what was you saying about renting and losing money because last month the average house lost just under £2kComment
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DBNODBNO
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Re: PRC1964
Renters are better off in a way because rents are cheap and with a mortgage you end up paying double the cost of the house anyway over 25 years :rollin
The ONLY way to do it is to buy places outright :hatComment
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DimPrawnDimPrawn
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Re: PRC1964
news.bbc.co.uk/1/hi/business/4090860.stm
The number of chartered surveyors reporting falling house prices has reached its highest level for more than 12 years, a survey has said.
The Royal Institution of Chartered Surveyors (Rics) said the balance of surveyors reporting price falls over rises reached minus 49 in May.
Rics added that the number of enquiries from new buyers had dipped recently.
Boom years over
Rics' seasonally-adjusted figure of minus 49 was the lowest balance it had recorded since November 1992.
It said the most noticeable price falls had been seen in the Midlands and Yorkshire & Humberside. Scotland was the only part of the UK to see prices rise.
"The froth has come off the market," said Jeremy Leaf from Rics.
"Choosy buyers can now afford to bide their time as available property has risen by a quarter in the past year.
"Sellers must adapt their behaviour to account for the fact that boom conditions of recent years have come to an end."
Boom or bust then?Comment
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