Land price falls over, says Persimmon

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GreenerGrass replied

8 July 2009, 07:42
As a very rough rule if house prices drop 25%, land prices should drop by 50%. As far as I can make out from the plots I've looked at they haven't yet.
I think there is still a way to go.
There is no point buying land to build a house if an existing house is better value.
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Scary replied

7 July 2009, 21:32
Land prices have collapsed?
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BrilloPad replied

7 July 2009, 19:57
Originally posted by MPwannadecentincome View Post

Land price falls over, says Persimmon

was it just me or did you have to read the headline twice to understand it?

They have a vested interest in talking the market up.
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Cyberman replied

7 July 2009, 15:16
Price-falls may be better grammar.
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Zippy replied

7 July 2009, 15:12
Originally posted by MPwannadecentincome View Post

Land price falls over, says Persimmon

was it just me or did you have to read the headline twice to understand it?

Four times actually
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MPwannadecentincome started a topic Land price falls over, says Persimmon

7 July 2009, 15:08
Land price falls over, says Persimmon

Land price falls over, says Persimmon

was it just me or did you have to read the headline twice to understand it?
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