Would like to mention in Australia, we are the most expencive country to buy everyday items, grociers, petrol/gas, utilities etc….The media Australian house price is 70% over priced and rising very fast, to buy a house in any city in Australia, you need min…$400,000 dollars.40% of Australian homes is mortgaged, most are beyond what they can afford.I’m pissed off and worriedJust letting you people know!
To see Krusty All Slops insane ramblings about the website housepricecrash check out my new video:housepricecrash – The Movie Pt.1 – Starring Krusty All Slop (AKA Kirsty Allsop)
There have been 5 depressions in the last 400 years the quickest return to house price values(pre crash) has been 36 years.here are the time scales for house prices to return to pre depression peaks after each depression 36,36,38,54,and 90 years.UK house prices will not return to 2007 highs until 2043 at the earliest (my guess will be more like 2055) House prices will fall 65-70% minimum.If you dont believe me i’ll email you the chart.
Houses aren’t overpriced, you are just lazy. If you are working less than 60 hours a week, it means you are part of the nouveau leisure elite. Stop complaining about ‘high prices’ & get yourself another job!We are currently experiencing the STR ‘bear trap’ phase of the housing cycle (the predictable dip in prices before the REAL boom starts).Even when house prices are falling, they are still rising. Get another job, you lazy BTL wannabe!
did you read my comment? I discussed that the only issue that will screw up the market is a surge in mortgage rates. 2 things DID mess up the market – less availability of offers and MUCH MORE EXPENSIVE rates (not to mention massive rise in deposits banks wanted)…so what egg? The market was fine (by that I mean not collapsing and in fact growing) until banks became scared of each other. That problem had little to do with peoples willingness to buy, even if it now affects it greatly.
November 12th, 2009 at 6:12 pm
Would like to mention in Australia, we are the most expencive country to buy everyday items, grociers, petrol/gas, utilities etc….The media Australian house price is 70% over priced and rising very fast, to buy a house in any city in Australia, you need min…$400,000 dollars.40% of Australian homes is mortgaged, most are beyond what they can afford.I’m pissed off and worriedJust letting you people know!
November 12th, 2009 at 6:39 pm
Prices have fallen back to the trendline now.
November 12th, 2009 at 7:30 pm
To see Krusty All Slops insane ramblings about the website housepricecrash check out my new video:housepricecrash – The Movie Pt.1 – Starring Krusty All Slop (AKA Kirsty Allsop)
November 12th, 2009 at 8:11 pm
There have been 5 depressions in the last 400 years the quickest return to house price values(pre crash) has been 36 years.here are the time scales for house prices to return to pre depression peaks after each depression 36,36,38,54,and 90 years.UK house prices will not return to 2007 highs until 2043 at the earliest (my guess will be more like 2055) House prices will fall 65-70% minimum.If you dont believe me i’ll email you the chart.
November 12th, 2009 at 8:24 pm
Houses aren’t overpriced, you are just lazy. If you are working less than 60 hours a week, it means you are part of the nouveau leisure elite. Stop complaining about ‘high prices’ & get yourself another job!We are currently experiencing the STR ‘bear trap’ phase of the housing cycle (the predictable dip in prices before the REAL boom starts).Even when house prices are falling, they are still rising. Get another job, you lazy BTL wannabe!
November 12th, 2009 at 8:26 pm
rat race cunt -kill yourself.
November 12th, 2009 at 8:43 pm
Was only joking.
November 12th, 2009 at 9:13 pm
Even if the uk house prices dropped 30% it would only go back to 2003 levels people need to get a grip.
November 12th, 2009 at 10:00 pm
i no i wish it get hit to the max we need to buy houses for a fair price not a nasty price
November 12th, 2009 at 10:57 pm
did you read my comment? I discussed that the only issue that will screw up the market is a surge in mortgage rates. 2 things DID mess up the market – less availability of offers and MUCH MORE EXPENSIVE rates (not to mention massive rise in deposits banks wanted)…so what egg? The market was fine (by that I mean not collapsing and in fact growing) until banks became scared of each other. That problem had little to do with peoples willingness to buy, even if it now affects it greatly.