Originally posted by expat
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Reply to: House prices to fall 80%
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Previously on "House prices to fall 80%"
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So by the time it is over will we have had the biggest boom and bust ever?
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Originally posted by BrilloPad View PostI still think the UK will fall by 50% from Aug 2007 to Aug 2010.
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Originally posted by Spacecadet View Postsurely the huge housing shortage that the UK has been facing for almost 10 years now will keep prices up and even rising??
Mind you, given your comment I recommend that you pour yourself a stiff drink and make sure you are sitting down first. We are facing a financial crisis of vast proportions - house prices are a sideshow, well for the time being anyway. Employment and food and energy prices are will be bigger issues for most people in 2009.
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Originally posted by d000hg View PostIsn't LAND to build new houses what the UK is short of, compared to most other countries? Don't know if that has a knock-on effect on pushing up house prices, I suppose if ALL available land was built on then it would do.
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Originally posted by TykeMerc View PostNot that much different from the UK to be honest.
The price of houses in the UK has been out of rational proportion to incomes for the better part of a decade.
You can't do that anywhere in Ireland as far as I could tell.
timLast edited by tim123; 13 January 2009, 18:32.
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Originally posted by Mich the Tester View PostIf nobody can get a mortgage then house prices will fall to the levels of savings people have in the bank. Which means in NL the average house will cost around 10,000 euros, in Germany about 15000 and in Britain you’ll have to pay people to take your house off you.
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Originally posted by sasguru View PostI also predict that prices WILL NOT fall 80% in the UK.
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Originally posted by tim123 View PostThe price of houses in Ireland got silly.
You go to a small town, with no jobs, no particular tourist interest, 4 hours from Dublin and a poxy little (OK reasonable sized) 2 bed apartment costs 300K (Euro),
It's nuts.
tim
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Originally posted by tim123 View PostThe price of houses in Ireland got silly.
You go to a small town, with no jobs, no particular tourist interest, 4 hours from Dublin and a poxy little (OK reasonable sized) 2 bed apartment costs 300K (Euro),
It's nuts.
tim
The price of houses in the UK has been out of rational proportion to incomes for the better part of a decade.
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Originally posted by tim123 View PostThe price of houses in Ireland got silly.
You go to a small town, with no jobs, no particular tourist interest, 4 hours from Dublin and a poxy little (OK reasonable sized) 2 bed apartment costs 300K (Euro),
It's nuts.
tim
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Originally posted by BlasterBates View Post
You go to a small town, with no jobs, no particular tourist interest, 4 hours from Dublin and a poxy little (OK reasonable sized) 2 bed apartment costs 300K (Euro),
It's nuts.
tim
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Originally posted by DimPrawn View PostLots of holiday homes as well used for a couple of weeks a year by City types and empty the rest of the year. Locals just love it.
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