Soft landing - Contractor UK Bulletin Board

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DimPrawn replied

4 July 2008, 09:16
Originally posted by BlasterBates View Post

It might even go up.

(HTH)

Yes, plenty of scope in current climate for house prices to go up.
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BlasterBates replied

4 July 2008, 08:57
It might even go up.

(HTH)
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DimPrawn replied

4 July 2008, 08:12
Originally posted by thunderlizard View Post

from top of HousePriceCrash.co.uk

http://www.housepricecrash.co.uk/gra...d/homepage.png

so average prices have "crashed" to a mere 200% of what they were 10 years ago. How will we cope?!

The crash has been running for less than 1 year. Lets see what the graph looks like in 3 or 4 years shall we?
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VectraMan replied

4 July 2008, 07:25
Originally posted by thunderlizard View Post

from top of HousePriceCrash.co.uk

http://www.housepricecrash.co.uk/gra...d/homepage.png

so average prices have "crashed" to a mere 200% of what they were 10 years ago. How will we cope?!

I don't think anybody is suggesting the crash is finished (i.e. "crashed").
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Platypus replied

4 July 2008, 07:15
Originally posted by thunderlizard View Post

so average prices have "crashed" to a mere 200% of what they were 10 years ago. How will we cope?!

Exactly.

Nevertheless Daily Mail readers and middle managers will be having cardiacs at their "losses". Of course if prices rise again, they complain about inheritance taxes!
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thunderlizard replied

3 July 2008, 22:47
Another graph

from top of HousePriceCrash.co.uk

http://www.housepricecrash.co.uk/gra...d/homepage.png

so average prices have "crashed" to a mere 200% of what they were 10 years ago. How will we cope?!
Leave a comment:
KentPhilip replied

3 July 2008, 13:00
Originally posted by chicane View Post

Last time I checked, it stopped collapsing seven years ago?

Indeed.

I was only trying to be deliberately tasteless in my humour...
Comes from watching too much ChubbyBrown (the comedian, not the prime minister)
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VectraMan replied

3 July 2008, 11:34
Originally posted by TimberWolf View Post

House prices are rising. Take the price of a house a year or two ago for example and compare to today. They are higher now. We need a climate change expert to predict what house price will be if we don't increase stamp duty tax.

I agree. Compare house prices to those of a million years ago, and there's a clear increase. Furthermore, if you compare ice core records of CO2 with house prices, you can clearly see they both rise at the same time. Conclusion: CO2 causes house price inflation, and the current slump is down to government green taxes.
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TimberWolf replied

3 July 2008, 11:26
House prices are rising. Take the price of a house a year or two ago for example and compare to today. They are higher now. We need a climate change expert to predict what house price will be if we don't increase stamp duty tax.
Leave a comment:
ace00 replied

3 July 2008, 11:18
Originally posted by Bagpuss View Post

We could confusion the "house prices only rise" brigade by plotting house price depreciation that's def positive

I always found that weird. People were really convinced that prices couldn't fall.
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rootsnall replied

3 July 2008, 11:15
Originally posted by KentPhilip View Post

I've already seen it there a few times.

It's find it's quite a good site for getting the daily gloom newspaper articles when you are in the mood ! The property investing bit on www.fool.co.uk has a more reasoned view and better quality posts.
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chicane replied

3 July 2008, 11:09
Originally posted by KentPhilip View Post

Prices are collapsing faster than the world trade centre...

Last time I checked, it stopped collapsing seven years ago?
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KentPhilip replied

3 July 2008, 10:55
Originally posted by rootsnall View Post

That's truly impressive, send it to http://www.housepricecrash.co.uk/ , it's better than the one on their front page.

I've already seen it there a few times.
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DimPrawn replied

3 July 2008, 10:40
Originally posted by NickFitz View Post

Well, somebody who devotes their time to scaremongering about house prices on a web site isn't likely to be the sharpest tool in the box.
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Bagpuss replied

3 July 2008, 10:38
Well, House price inflation was falling but still positive. Now it's clearly negative i.e. House price deflation.

We could confusion the "house prices only rise" brigade by plotting house price depreciation that's def positive
Leave a comment: