House prices 'have further 17pc to fall'

[scooterscot]

There still has not been a crash in house prices in Scotland.

Why? Beats me.

Stick that in yur pipe and smoke it...

[Moscow Mule]

Repossession? Nope, banks are not repossessing.

Not yet.

Something like 250000 properties "at risk" or "not being called in" at the moment because a lot of the banks couldn't take the hit on their balance sheets and liquidity /provision reports if they repossessed everything they wanted to.

Strange times...

[TimberWolf]

New Labour will subsidise their income through much higher taxes of the "well off", shared ownership schemes, more taxes, tax credits, credits on tax credits, etc.

You know the drill.

The bigger question is, how you going to afford to live after paying New Labour to enable the Tesco workers to afford to live?

Flip knows, I'm only looking one day ahead now.

[AlfredJPruffock]

Is life really worth the Candle if we are all doomed to be toasted by a Super Nova from Beltegeuse ?

Why do we survive ?



Dont think twice - is All Right ...

PS if anyone is looking for genuine Tamis - half price - please drop me a line ...

[DimPrawn]

How are people working at McTesco (the future) ever going to afford to rent let alone buy a house though?

New Labour will subsidise their income through much higher taxes of the "well off", shared ownership schemes, more taxes, tax credits, credits on tax credits, etc.

You know the drill.

The bigger question is, how you going to afford to live after paying New Labour to enable the Tesco workers to afford to live?

[TimberWolf]

Why on earth would the price of an asset like a house fall in relation to a paper currency that is being printed in the 100's of billions?

What would you rather have, a pile of worthless cash or a house?

And what is forcing people to sell at a lower price?

Interest rates? Nope, low.

Repossession? Nope, banks are not repossessing.

How are people working at McTesco (the future) ever going to afford to rent let alone buy a house though?

[DimPrawn]

Some weekend gloom.....

http://www.telegraph.co.uk/finance/p...c-to-fall.html

HTH

Why on earth would the price of an asset like a house fall in relation to a paper currency that is being printed in the 100's of billions?

What would you rather have, a pile of worthless cash or a house?

And what is forcing people to sell at a lower price?

Interest rates? Nope, low.

Repossession? Nope, banks are not repossessing.

[thunderlizard]

added to this...
http://forums.contractoruk.com/gener...14-boomed.html

by 2014 house prices will have a further 57% to fall. Scary!

[AlfredJPruffock]

Golly Gosh !

Should I sell my house now and invest in Tamiflu ?

[AtW]

Any slower and I will be like you.

Maybe I should stick to creating "my lunch" threads.

Since it was me who posted thread about this article 2 days ago your comment about being slower than me is illogical, does not compute...

[BrilloPad]

You are getting slow Brillo -

http://forums.contractoruk.com/gener...off-cliff.html

HTH

Any slower and I will be like you.

Maybe I should stick to creating "my lunch" threads.

[AtW]

Some weekend gloom.....

http://www.telegraph.co.uk/finance/p...c-to-fall.html

HTH

You are getting slow Brillo -

http://forums.contractoruk.com/gener...off-cliff.html

HTH

[BrilloPad]

Some weekend gloom.....

http://www.telegraph.co.uk/finance/p...c-to-fall.html

HTH