Property DOOM™

[AtW]

'No change on the horizon' as property prices continue to fall

House prices are continuing to fall across the country as buyers and sellers "sit tight" amid the political uncertainty caused by Brexit, according to the Royal Institution of Chartered Surveyors (Rics).

It found that the number of people looking for a new home between October and November fell 6pc, while the number of agreed sales dropped 5pc. The impact of softer demand meant house prices slid 1pc last month, it said.

Rics' monthly residential market survey, which gathers the views of more than 300 chartered surveyors across Britain, also found that there was a prevailing trend in the lack of properties being listed for sale, with the average number of properties on estate agents' books now...

'No change on the horizon' as property prices continue to fall

The only safe place is to own luxury bedsit in Bham...

 

[TwoWolves]

It's not Brexit, property prices are falling in the US and Australia too.

 

[Old Greg]

It's not Brexit, property prices are falling the the US and Australia too.

That's the spirit!

 

[scooterscot]

Debt crisis. 2008 was the cartoon before the main feature. ETF's are about to fail the world over. Just wait until those muppets claiming their physical gold value from their gold ETFs.... fireworks.

 

[BR14]

and more thread pollution FFS - why don't you lot find a life , or even 10% of one

 

[Old Greg]

and more thread pollution FFS - why don't you lot find a life , or even 10% of one

Somebody needs their safe space!

 

[BR14]

Somebody needs their safe space!

any space i'm in is safe, - for me, anyway

 

[scooterscot]

any space i'm in is safe, - for me, anyway

You can keep your space, your brain farts melt the wallpaper.

 

[TwoWolves]

Debt crisis. 2008 was the cartoon before the main feature. ETF's are about to fail the world over. Just wait until those muppets claiming their physical gold value from their gold ETFs.... fireworks.

Contrarian indicator. Buy gold.

 

[Hobosapien]

Contrarian indicator. Buy gold.

Physical gold.

There will be a rush to prove they have the physical backing if the ETF requires it, though like fractional reserve banking and many other businesses that rely on customers only wanting a fraction of what they're paying for, it's just another scam to oversell a commodity to make more profit as they aren't held accountable when the shortfall materialises as it's part of the business plan.