Home Prices UK on the way UP
Jun 17th 2003, 4:41 am
#1
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Home Prices UK on the way UP
No could be the other way you refuees are heading down under to rampant price rises in homes while trying to flog a dead horse.
I hope soon to be a buyer so name a price and the likes of me will take it off your hands if you discount it by a few quid , after all you need to escape and beggers are not in a strong position.
House prices are expected to fall by as much as 30% over the next few years, according to a report by an economic consultancy.
We cannot have the nice, gentle slowdown in house prices that some are predicting because things have got too over-stretched
Sabina Kalyan
Capital Economics
Capital Economics said that houses were substantially overvalued and there would be a sharp "correction" which could trigger a recession in the UK.
The report's author Sabina Kalyan said that she expected prices to fall by a fifth over the next four years.
But she said: "In the absolute worst-case scenario prices could fall by 30%.
http://news.bbc.co.uk/1/hi/business/2577069.stm
I hope soon to be a buyer so name a price and the likes of me will take it off your hands if you discount it by a few quid , after all you need to escape and beggers are not in a strong position.
House prices are expected to fall by as much as 30% over the next few years, according to a report by an economic consultancy.
We cannot have the nice, gentle slowdown in house prices that some are predicting because things have got too over-stretched
Sabina Kalyan
Capital Economics
Capital Economics said that houses were substantially overvalued and there would be a sharp "correction" which could trigger a recession in the UK.
The report's author Sabina Kalyan said that she expected prices to fall by a fifth over the next four years.
But she said: "In the absolute worst-case scenario prices could fall by 30%.
http://news.bbc.co.uk/1/hi/business/2577069.stm
Last edited by pommie bastard; Jun 17th 2003 at 4:45 am.
Jun 17th 2003, 5:56 am
#2
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Posts: 4,432
Re: Home Prices UK on the way UP
Originally posted by pommie bastard
No could be the other way you refuees are heading down under to rampant price rises in homes while trying to flog a dead horse.
I hope soon to be a buyer so name a price and the likes of me will take it off your hands if you discount it by a few quid , after all you need to escape and beggers are not in a strong position.
House prices are expected to fall by as much as 30% over the next few years, according to a report by an economic consultancy.
We cannot have the nice, gentle slowdown in house prices that some are predicting because things have got too over-stretched
Sabina Kalyan
Capital Economics
Capital Economics said that houses were substantially overvalued and there would be a sharp "correction" which could trigger a recession in the UK.
The report's author Sabina Kalyan said that she expected prices to fall by a fifth over the next four years.
But she said: "In the absolute worst-case scenario prices could fall by 30%.
http://news.bbc.co.uk/1/hi/business/2577069.stm
No could be the other way you refuees are heading down under to rampant price rises in homes while trying to flog a dead horse.
I hope soon to be a buyer so name a price and the likes of me will take it off your hands if you discount it by a few quid , after all you need to escape and beggers are not in a strong position.
House prices are expected to fall by as much as 30% over the next few years, according to a report by an economic consultancy.
We cannot have the nice, gentle slowdown in house prices that some are predicting because things have got too over-stretched
Sabina Kalyan
Capital Economics
Capital Economics said that houses were substantially overvalued and there would be a sharp "correction" which could trigger a recession in the UK.
The report's author Sabina Kalyan said that she expected prices to fall by a fifth over the next four years.
But she said: "In the absolute worst-case scenario prices could fall by 30%.
http://news.bbc.co.uk/1/hi/business/2577069.stm
City Index
Jun 17th 2003, 6:04 am
#3
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Re: Home Prices UK on the way UP
Originally posted by Megalania
Want something actual to crow about or are you just the silly old fart you sound. Put your money on house price futures, lets us know the strike price then we'll watch you crow or croak:
City Index
Want something actual to crow about or are you just the silly old fart you sound. Put your money on house price futures, lets us know the strike price then we'll watch you crow or croak:
City Index
Been down under too long Pal , location costs but what ever the price some places are worth more than others .
My hovel here is not worth the sand its built on to me.
Jun 17th 2003, 7:32 am
#4
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PB you have got a valid point once again.
The UK house prices are a worry to all sellers and a dream to future buyers.
I for one have a house for sale that may interest you.
3 Bedroom detached bugalow standing in 6.3 acres.
4 Stables, Menage, Tack room & Barn.
make me an offer but not a silly one.
Must be over £750.
Tony C
The UK house prices are a worry to all sellers and a dream to future buyers.
I for one have a house for sale that may interest you.
3 Bedroom detached bugalow standing in 6.3 acres.
4 Stables, Menage, Tack room & Barn.
make me an offer but not a silly one.
Must be over £750.
Tony C
Jun 17th 2003, 7:40 am
#5
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Joined: Nov 2002
Location: Location, Location!
Posts: 1,481
Pomm you know even without your posts we here this every single day about house prices somewhere on one of the news channels. Every day for the past year. Ok they may drop but give us a chance their only just going up here in Scotland so move back here and you'll get yourself a bargain.
But not at the moment as it is a different system up here, you can be at present 20k outbidded on a house or flat. As I know of 5 different people looking in different areas for different style houses and every one of them is in the same scenerio, best bet to buy a new house up here at a fixed price although the Scottish builders in Glasgow and Edinburgh have cottoned on to this and are now asking people to put in offers instead....cunning and looks like no one will get a house.
Tent poles to the ready. On that note people are also camping overnight and even 2 nights for first refusal on the houses my hubby builds.
When these analyst talk as per your post they only really talk about London and surrounding areas, how can prices fall 30% if they haven't really increased as sharply as London maybe just 4- 10%. No 50k increase on ahouse value in 3 months it just doesn't really happen here apart from Edinburgh and that was because of the new Scottish Parliment prices just went beserk, but is a beautiful city to live.
I shall just get my wheely bin cleared out for my return from Oz one day.
But not at the moment as it is a different system up here, you can be at present 20k outbidded on a house or flat. As I know of 5 different people looking in different areas for different style houses and every one of them is in the same scenerio, best bet to buy a new house up here at a fixed price although the Scottish builders in Glasgow and Edinburgh have cottoned on to this and are now asking people to put in offers instead....cunning and looks like no one will get a house.
Tent poles to the ready. On that note people are also camping overnight and even 2 nights for first refusal on the houses my hubby builds.
When these analyst talk as per your post they only really talk about London and surrounding areas, how can prices fall 30% if they haven't really increased as sharply as London maybe just 4- 10%. No 50k increase on ahouse value in 3 months it just doesn't really happen here apart from Edinburgh and that was because of the new Scottish Parliment prices just went beserk, but is a beautiful city to live.
I shall just get my wheely bin cleared out for my return from Oz one day.
Jun 17th 2003, 7:44 am
#6
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Joined: Jun 2003
Location: Plymouth
Posts: 43
Re: Home Prices UK on the way UP
They have been saying that 3 times a week for the last 4 years but they keep on gouing up. Mine has by £10k already this year, slower than last but still going up.
Steve
Steve
Jun 17th 2003, 8:08 am
#7
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Location: newbury
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Originally posted by crabtree
PB you have got a valid point once again.
The UK house prices are a worry to all sellers and a dream to future buyers.
I for one have a house for sale that may interest you.
3 Bedroom detached bugalow standing in 6.3 acres.
4 Stables, Menage, Tack room & Barn.
make me an offer but not a silly one.
Must be over £750.
Tony C
PB you have got a valid point once again.
The UK house prices are a worry to all sellers and a dream to future buyers.
I for one have a house for sale that may interest you.
3 Bedroom detached bugalow standing in 6.3 acres.
4 Stables, Menage, Tack room & Barn.
make me an offer but not a silly one.
Must be over £750.
Tony C
i'll give you a grand !!! ;-)
and I can pay cash...
cheers
richard
Jun 17th 2003, 8:13 am
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Originally posted by r.bartlett
i'll give you a grand !!! ;-)
and I can pay cash...
cheers
richard
i'll give you a grand !!! ;-)
and I can pay cash...
cheers
richard
SOLD
(unless PB can do better)
Tony C
Jun 17th 2003, 8:14 am
#9
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Location: newbury
Posts: 1,015
hey you're not trying to get me guzumpted are you??
cheers
richard
cheers
richard
Jun 17th 2003, 8:22 am
#10
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Posts: 4,432
Re: Home Prices UK on the way UP
Originally posted by pommie bastard
Been down under too long Pal , location costs but what ever the price some places are worth more than others .
My hovel here is not worth the sand its built on to me.
Been down under too long Pal , location costs but what ever the price some places are worth more than others .
My hovel here is not worth the sand its built on to me.
Jun 18th 2003, 4:32 am
#11
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Originally posted by crabtree
PB you have got a valid point once again.
The UK house prices are a worry to all sellers and a dream to future buyers.
I for one have a house for sale that may interest you.
3 Bedroom detached bugalow standing in 6.3 acres.
4 Stables, Menage, Tack room & Barn.
make me an offer but not a silly one.
Must be over £750.
Tony C
PB you have got a valid point once again.
The UK house prices are a worry to all sellers and a dream to future buyers.
I for one have a house for sale that may interest you.
3 Bedroom detached bugalow standing in 6.3 acres.
4 Stables, Menage, Tack room & Barn.
make me an offer but not a silly one.
Must be over £750.
Tony C
The thing that interests me is you are not the first poster from the UK to count his land in ACRES here in suburbian Perth try 700sq metres or less , the UK is as some have said way over crowded , is it because you lot bought up all the land?
Jun 18th 2003, 4:38 am
#12
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Re: Home Prices UK on the way UP
Originally posted by Megalania
Obviously you would not know what a house price futures contract is even if it could bite you on the bum. Again nothing but Pommie Bastard Bull Poop and more blather bother.
Obviously you would not know what a house price futures contract is even if it could bite you on the bum. Again nothing but Pommie Bastard Bull Poop and more blather bother.
Jun 18th 2003, 4:53 am
#13
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Location: Brisbane
Posts: 1,576
Originally posted by crabtree
SOLD
(unless PB can do better)
Tony C
SOLD
(unless PB can do better)
Tony C
Quote
My hovel here is not worth the sand its built on to me.
Unquote
I wonder what sort of hovel he'll be able to buy in Kniver.
Jun 18th 2003, 5:09 am
#14
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Originally posted by Kiwipaul
No PB cannot do better like he said
Quote
My hovel here is not worth the sand its built on to me.
Unquote
I wonder what sort of hovel he'll be able to buy in Kniver.
No PB cannot do better like he said
Quote
My hovel here is not worth the sand its built on to me.
Unquote
I wonder what sort of hovel he'll be able to buy in Kniver.
Jun 18th 2003, 6:41 pm
#15
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Originally posted by pommie bastard
The joys of living in the sticks in the UK , your ranch sounds far too much work for me .
The thing that interests me is you are not the first poster from the UK to count his land in ACRES here in suburbian Perth try 700sq metres or less , the UK is as some have said way over crowded , is it because you lot bought up all the land?
The joys of living in the sticks in the UK , your ranch sounds far too much work for me .
The thing that interests me is you are not the first poster from the UK to count his land in ACRES here in suburbian Perth try 700sq metres or less , the UK is as some have said way over crowded , is it because you lot bought up all the land?
you wont find many suburbs in UK with 700 sqm , Its a good job your leaving soon as you have used up all your credibilty rations.