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Chit Chat
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Predictions and rationale please.....
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Replies: 60
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Up.
Er, no, down. Probably. |
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I think prices have bottomed out;fairly stagnant for this year imo of course
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Up 'til May then sharply down after that IMO
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If nulabor miracuosly win the election
They go up If the tories get in THey will DROP like a Stone!!!!!! :) |
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Prices are rising again, but as always, depends on the area. Buy in a sh1t area and it will take longer to recover.
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Why do people reply to this thread ? This idiot asks the same question every few days, check gubbed if you don't believe me.
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stagnant, put down in real terms due to high inflation
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up like inflation and interest rates.
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hopefully down .....a massive crash
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I agree with saesider.
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Prices will fall through their own arse this year. You're watching history happening.
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Seasider does have a point !
Meat Loaf certainly needs convincing on the outcome of a House Price Rise it seems All results for 'meat loaf house' Section Thread name Forumite Chit Chat HOUSE PRICES - UP OR DOWN THIS YEAR?? Meat Loaf Chit Chat HOUSE PRICES WILL THEY GO UP OR DOWN THIS YEAR?? Meat Loaf Chit Chat HOUSE PRICES - UP OR DOWN IN THE NEXT 6 MONTHS?? Meat Loaf Chit Chat HOUSE PRICES IN LANCASHIRE - ARE THEY GOING UP OR DOWN?? Meat Loaf Horse Racing HOUSE PRICES - WILL THEY GO UP OR DOWN NEXT YEAR?? Meat Loaf Chit Chat HOUSE PRICES IN LANCS ARE THEY GOING UP/DOWN -THINKING OF MOVING THERE Meat Loaf Chit Chat HOUSE PRICES - WILL THEY GO UP OR DOWN IN THE NEXT 6 MONTHS AND BY HOW MUCH Meat Loaf Chit Chat HOUSE PRICES - WILL THE GO UP OR DOWN IN THE NEXT 6 MONTHS?? Meat Loaf Horse Racing WHAT WILL HAPPEN TO HOUSE PRICES NEXT YEAR?? Meat Loaf |
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i honestly don't think they'll crash. weak pound and general infltion will see to that
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Interesting a very mixed response
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down 1.01
denial over |
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Ratio of average house prices to average income in UK is currently 5.7, the 30 year average is 3.7. How long can that go on?
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up 0.5
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he's a nobjockey, ignore him
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AND I TELL YOU
the next property boom will run and run ! |
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RichWill 27 Jan 20:06
Ratio of average house prices to average income in UK is currently 5.7, the 30 year average is 3.7. How long can that go on? 30 years isn't that long that you can just say that is the way it should be now.. from 1800 to 1900 we had overall deflation. |
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Prices will be nervous until the election. If conservatives win they may rise a few per cent because of the relief and desire for change. If Labour win sell at any price and get out of the council tax net,a drop of 15% by end of year.
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up
there is a shortage. just sold mine and had a lot of interest got more than i had hoped :) |
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95% chance of falling
if they dont, capitualtion and never see the highs again for 15yrs+ |
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just cant see a fall.
lenders are being more welcoming. rates are low wont go up more than 1% this year if that. imo there will be a 1-5% rise. down on last year but it will go up |
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Troozers
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It is when they go down not if.
There are two dozen reasons they fall, and only hope that they rise. Interest rates have to rise, unemployment is a huge concern also. Sterling is fighting a good fight but ultimately it is fecked. depending upon how it is handled and in particular the withdrawel from QE, then an implosion is not beyond the realms of possibility. Even a small hiccup in this situation could see the start of another leg down. And let us not forget that just about every long term indicator for houseprice affordability is oversold. Many Fixes are set to come to an end this year amidst a backdrop of inflation and pressure on base rates. On the other hand, there is apparently a shortage, though it has been that way since adam was a lad! |
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treetop 27 Jan 22:47
Prices will be nervous until the election. If conservatives win they may rise a few per cent because of the relief and desire for change. If Labour win sell at any price and get out of the council tax net,a drop of 15% by end of year. :^0 just get back to the politics forum |
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bet yer there wont be more than a 1% rise
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interest rates that is
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Why do people think they will go down if the Tories get in??
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taxes for middle earners will rise.NAP
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Meatloaf,
they will go down when the Tories get in because, they will raise the interest rates to 15% like back in the 80s so the rich can get a good return on their savings and with 15% interest rates, a lot of homeowners will completely struggle to pay their mortgages therefore selling them, usually to the rich people so they can be landlords it's only the Labour government that would keep interest rates at 0.5% cos they do actually care about the poor in some ways |
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We wont see 15% interest rates again but they will rise post-election probably to about 5% Labour are keeping the rates at a false low in an attempt to stay in office.
Inflation is already starting to rise sharply and will continue so after May the interest rates will have to go up. There are a massive amount of people (myself included) who are at the mercy of variable interest rates because they dont have the equity in their homes to lock down a fixed rate. The interest rate increase will push many over the edge leading to mass repo's and a fall of around 20% in prices imo. |
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central gov'ts wont rise interest rates until they have to and even then they will be reluctant
it might not be this year that we feel the pain but it will come I will say this year up 5% purely because we are currently witnessing a false economy the big correction when it does come will be more painful the one we have just experienced imo |
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wish it would go to 5% max, mine's at 6% until 2011!
regret it!! financial advisor told me when i got my mortgage renewal in 2006, that the recession would be inevitable and get a fixed rate mortgage at 6%, because when the recession comes in, interest rates will go sky high like the 80s seems not eh? at least New Labour can ride a recession far better than the Tories |
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Appear to still be going up according to the info released today
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Up...for a simple reason, supply and demand.
House owners are enjoying such great deals with tracker mortgages, which will not encourage them to sell as the they will not have such a low mortgage deal again. |
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If the public deficit is not controlled nobody can safely say how high Rates will have to go in the coming months but increasing worry in Greece, Spain Italy and Portugal doesnt bode well.
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to be honest ...id like to see interest rates go sky high ....and see all those people who have bought houses beyond their means lose them ........
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