I don't like cut and paste but here goes . . .


LONDON (Reuters) - High-flying house prices could nearly halve over the next few years, a City report has predicted.

David Pannell, an analyst at investment bank Durlacher, predicted house prices will fall 30 percent from their peak, with falls "sharper but shorter than in the 1980s" and added that there was a risk prices may fall as much as 45 percent.


Kind of highlights, one person's happiness is another person's sadness!!!

Makes me feel better if I decide to go and do a grown up thing like buy a house!

Makes going home feel easier!
M

I'm renting until the housing market drops...though I have noticed that it's first time buyer houses that are heavily overpriced...example...2 bed terrace (cottage) in Biddulph (N Staffordshire village) for £95,000.....4 bed detached house on a newish housing estate in a good area of Newcastle, Staffs (the area I was born in) for £125,000......go figure...this has an integral garage and a good sized plot too !! This seems to be a pattern emerging....stinging those that are trying to buy their first property....but it wont last forever...it cant.

Rich

Oh argh!!!!

Fancy becoming "Bonny & Clyde" and doing a bank job in St Ann's Square?

As you say, it can't last!

M

hi rich

hows the UK treating you -not been mugged yet? has anyone smiled at you?


keep us up to date...........

No worries...though I'll have to pick up some shoes to go with my dress....

Rich.

Rich

Don't worry, me being female we will have a never ending supply!!! And if we ask jat, double the shoe allowance!

Gawd, I should go and do some work eh!!

M

Hi Jat....

Everyone has smiled at me...though it helps when you smile at them....and no I haven't been mugged, but then I do have the blessing of looking a little like a mugger....

No pics to easily upload...but I resemble Dimebag Darrell so I'm told..hey this gives you an idea
... http://www.angelfire.com/dc/dimebagdarrell/darrell.gif

Damn .... they're right...I do look like a mugger !!

Rich.:scared:

Hey Darrell

You will have the chicks all over you!

M

hi doctor

well if you look like a mugger no wonder your blending in just fine!

yep - double the shoes - just think ill be packing those in a few weeks....

decided to go and do diving at gbr, check out ayres rock and kakadu and katherine etc etc will end up in perth at the end....

so thanks to those with their suggestions.........

god im sooooooooooo bored at work! and ive got till 5.30 to go... never mind ive got a friend coming to tea tonight and she might buy my white goods!

doctor - where are you living just now - back up north?

We'll see....

Rich

Hi Jat,

Good idea to see a few things before you leave......

I'm just on tip of the Cheshire Border.....it's kinda North West I suppose.....though South North West if you see where I am coming from ??

Rich.

Hi Rich, might see you around at the weekend then. Staying with rellies near Biddulph for a few days before we head further north to our patch. Been away 6 months in Oz, took that long to realise how good we had it at home: jobs, good schools, etc. Can't wait!!

Cool ... I'll be in Wetherspoons during several of the evenings....drop in for a drink....I'm the one with long hair !!

Rich

Hey,

In london are you? Coming from the eastend myself of london myself, everytime i go back home, i don't make myself look like a dead give away.

The cockney accent helps too. Alright geezer ! You got to do the walk as well


l8r guv

Merlot,

Could you share the website address where this article came from. I'm returning from the US to the UK and seeking inspiration re the property market!

Thanks v much