House prices 'could fall by further 55 per cent'

[TimberWolf]

Whoops sorry TW - how about this then ...

The recent decline in UK property proces has clearly now reached its bottom - the stats from Jan demonstrate that propertry prices can now expect steady growth over the year and beyond - this amounts to an excellent opportunity for those seeking to invest in property wyhilst prices are affordable.

Perfect.

I was referring more to the "respected City forecaster" who managed to get these discouraging headlines to prospective buyers on to newspaper front pages and on the national news when I said experts.

[Moscow Mule]

PS The Tory housing minister is talking non-sense - property owenership for everyman was at the heart of the Thatcher vision for the UK

stopping councils having to spend 100s of 1000s on council house repairs

[ziggy]

I think the market will resist falling below a certain level. Most people will just stay put and not put their houses on the market if it means they are going to lose all of their equity ... which eventually should cause a drop in supply ... and 'cause interest rates are so low and all the pent up demand of people waiting to buy ... we could see prices starting to rise again.

Please let it be true ...

[chicane]

I saw Kirsty and Phil on TV last night, urging some thick gullible buyers to "jump in quick, this property won't be on the market for long!"

That was filmed in 2006.

[DimPrawn]

That was filmed in 2006.

Yes, I bet they're enjoying the negative equity which has wiped out their hard saved deposit and means they cannot move now for years to come.

Good advice from the property geniuses there.

[d000hg]

Yes, I bet they're enjoying the negative equity which has wiped out their hard saved deposit and means they cannot move now for years to come.

Good advice from the property geniuses there.

But isn't that particular program about finding your dream/long-term house? I.e it's not the same as Property Ladder which is purely about making money and has mysteriously disappeared from our screens.
Actually, I don't recall More4 showing old Property Ladder repeats any more unlike Grand Designs which is on heavy repeat. Maybe they reckoned it might not be popular to remind everyone how screwed they are

[DimPrawn]

But isn't that particular program about finding your dream/long-term house? I.e it's not the same as Property Ladder which is purely about making money and has mysteriously disappeared from our screens.
Actually, I don't recall More4 showing old Property Ladder repeats any more unlike Grand Designs which is on heavy repeat. Maybe they reckoned it might not be popular to remind everyone how screwed they are

If so, why is every home called "a great investment" and living there is all about "adding value".?

[threaded]

Only 55%? I wonder why the papers are printing such optimistic stories.

7 days to go ...

[d000hg]

If so, why is every home called "a great investment" and living there is all about "adding value".?

Oh, maybe then. I only watched it a couple of times... rather watch proper greed/stupidity in Property Ladder or lunacy in Grand Designs.

[AlfredJPruffock]

Only 55%? I wonder why the papers are printing such optimistic stories.

7 days to go ...

I know you think I'm awfully square
But Ive met everyone and Ive been everywhere

Lord - I'd take an overdose
If they knew whats going down