Why house prices will not crash ... - Contractor UK Bulletin Board

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AlfredJPruffock replied

18 September 2007, 10:06
Har Har !

Thats the kind of talk you would expect from the ne'eerdo'wells whp are jealous of the like us smart geezers n' Govenors who have profited handsomely from having a condo in Miama and a hol appartment in Majorca - Im still buying - that ex council flat above the chippie in Peckham looks good for a buy to let

MailMan
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NoddY replied

18 September 2007, 10:05
Originally posted by King Cnvt View Post

Yep. House prices are never going to crash in the UK, unless everyone is on the dole and all the banks have given up lending to those without a job.

Boomed. If you have any sense you will see UK property for the absolute bargain it currently is.

Get in now before it's too late!
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King Cnvt replied

18 September 2007, 10:03
Yep. House prices are never going to crash in the UK, unless everyone is on the dole and all the banks have given up lending to those without a job.

Boomed. If you have any sense you will see UK property for the absolute bargain it currently is.
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sasguru started a topic Why house prices will not crash ...

18 September 2007, 10:01
Why house prices will not crash ...

I've just run a regression model and the numbers tell me that the best predictor of falling house prices is rising unemployment. Not a huge insight you may say, but the numbers confirm it.
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