Easy money, property crash is over

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BrilloPad replied

10 August 2009, 17:39
Originally posted by DimPrawn View Post

http://www.telegraph.co.uk/finance/e...-declares.html

The house price crash is now effectively over, an economic consultancy has declared, forecasting that property values will grow between this autumn and the end of next year.

Thus proving, apart from the odd month in a global economic meltdown, property only ever goes up and it goes up forever.

Kirsty and Phil, all is forgiven.

http://www.telegraph.co.uk/finance/e...will-warn.html

HTH
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Clippy replied

10 August 2009, 17:02
Originally posted by BlasterBates View Post

could be a suckers rally..

because

Would have to agree.

And this small pocket of activity cannot dispel the simple fact that house prices are unlikely to be fair value at the moment. They simply have not come down enough. Moreover, the amount of debt the average mortgage payer is in for has not diminished.
Leave a comment:
BlasterBates replied

10 August 2009, 16:56
could be a suckers rally..

because
Leave a comment:
expat replied

10 August 2009, 16:39
Originally posted by TimberWolf View Post

We need a poll.

Do we need a poll? Y/N.
Leave a comment:
Grinder replied

10 August 2009, 16:22
Money Week says get out of property sharpish!
Leave a comment:
hyperD replied

10 August 2009, 16:13
It's amazing how desperate this government is to re-ignite the housing boom. Someone would think an election win is riding on the result...
Leave a comment:
BoredBloke replied

10 August 2009, 15:23
Originally posted by TimberWolf View Post

We need a poll.

Dont worry they will all be back soon as the market hots up

Sorry thought you menat a pole!
Leave a comment:
TimberWolf replied

10 August 2009, 14:59
We need a poll.
Leave a comment:
DimPrawn started a topic Easy money, property crash is over

10 August 2009, 13:30
Easy money, property crash is over

http://www.telegraph.co.uk/finance/e...-declares.html

The house price crash is now effectively over, an economic consultancy has declared, forecasting that property values will grow between this autumn and the end of next year.

Thus proving, apart from the odd month in a global economic meltdown, property only ever goes up and it goes up forever.

Kirsty and Phil, all is forgiven.
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