House price poll

[TimberWolf]

As we haven't had one for a few weeks.

[DimPrawn]

I think the answer is:

Whatever happens, the house you really want is out of reach.

HTH

[TimberWolf]

The panel seems quite optimistic. House prices still look a bit stupid though. I saw some very average looking semi-detached houses for 400K recently. Not that I am looking to buy.

[leeperry]

I reckon they've got another 20% left to fall

[DimPrawn]

You can never lose on property. It only ever goes up.


I know this as all the vendors I've been dealing with tell me and my offers (close to asking price) are all turned down flat.

And then the property sells a few weeks later.

This bull about house price falls is just media lies.

[Cyberman]

They'll drop substantially after the swineflu pandemic.

[leeperry]

You can never lose on property. It only ever goes up.

Not necessarily, it's a commodity like any other.

This bull about house price falls is just media lies.

Does that include actual figures from the Halifax, HBOS etc showing 20% falls?

[Menelaus]

My models suggest that over a 24 month time horizon from January 2009 they'll be around 8% up on where they are now; but they'll have dropped further first.

[Pogle]

I really don't care, I'll still be living where I am!

[TimberWolf]

I really don't care, I'll still be living where I am!

Hampsted?