House prices still rising....

[TimberWolf]

House sales WILL drop by as much as 50 per cent, analysts say.

Note: sales not prices.

It also warned that prices were down in 84 per cent of postcode districts in England and Wales last month.

So 16% of postcode districts have unchanged or rising house prices?

In the short term it seems inevitable that prices will continue to post modest falls until such a time as consumer confidence improves.

'it seems' and 'inevitable' => oxymoron + 'short-term' + 'modest' => 'havn't a clue'.

http://www.dailymail.co.uk/news/arti...lysts-say.html

[Old Greg]

Just in case there was a hint of seriousness there... According to the paranoid freaks on housepricecrash.co.uk, the Land Registry figures lag the market by 3 months and also don't include the sale price of repo's so are skewed a little. So they suggest that citing this data in reports that "house crash has stalled" or "rate of falls are slowing" is bad reporting, lazy journalism and also that people with large BTL portfolios run the BBC and therefore they want to talk down any falls in the market. Paranoid? Never

You would say that wouldn't you, you VI alien lizard.

[Rantor]

You would say that wouldn't you, you VI alien lizard.

Hey OG -do you post over there with the same avatar?

[Old Greg]

Hey OG -do you post over there with the same avatar?

No, do you?

[Rantor]

No, do you?

With your avatar ?

I don't post on there as my current tinfoil helmet would need a major upgrade but it is quite entertaining. I assume your earlier comment to Ziety realted to the impending global economic collapse brought about by the (soon to be) incoming comet?

Why won't people listen until it is too late

[BrilloPad]

the impending global economic collapse brought about by the (soon to be) incoming comet?

What comet is this?

[Old Greg]

With your avatar ?

I don't post on there as my current tinfoil helmet would need a major upgrade but it is quite entertaining. I assume your earlier comment to Ziety realted to the impending global economic collapse brought about by the (soon to be) incoming comet?

Why won't people listen until it is too late

I do post their occasionally but with a different avatar. There's a lot of doom-laden nonsense but some good stuff too. Now that we've 'Sold to Rent', I'm all in favour of the comet or anything else that means I can buy my dream mansion for half a groat (and I've hedged on the pound / groat exchange rate just to be on the safe side).

[Old Greg]

What comet is this?

It's a kind of metaphor for any number of economic / alien lizard catastrophes that could affect the housing market. Although it may be a real comet.

[Rantor]

It's a kind of metaphor for any number of economic / alien lizard catastrophes that could affect the housing market. Although it may be a real comet.

This thread manages to cover more variants of 'we're doomed' than any CUK equivalent - impressive.

Oh BP, it might not be a comet bur something chucked at us from some satanic planet out past uranus

[Old Greg]

This thread manages to cover more variants of 'we're doomed' than any CUK equivalent - impressive.

Oh BP, it might not be a comet bur something chucked at us from some satanic planet out past uranus

Planet Wormwood by chance? They like that on Rapture Ready http://www.rr-bb.com
Unfortunatley, I got banned for not being vile enough (I paraphrase).