UK HOUSE PRICES TO FALL 50% BY 2012 - YOUHOUSING

[bigbullsful]

The British house market is finished for good,Stagnation is her to stay.The Illuminati said they do away with private property one day,and that day is very near.

[bruno188home]

they are dropping 5% per year due to inflation CPI, far more if you measure them against gold (real money not fiat paper notes)

[KickDownDoors]

Travelers. Gypsies. That is where the future of housing is at. And the hot 18 year olds trained to cook and clean. I love it!

[RodC80]

Good!! Too many fat bastards eating all the pies anyway, we live in a two tier system, those who own property and those who are enslaved by the landlords. They should abolish people being allowed to own more property than they need for themselves and give people in standard full time employment an opportunity to have a stake in this country. This 'free market' has all the property sown up in it's greedy claws and I for one am sick of it.

[VegassTrades]

Katy's fit

[stevo728822]

Well he was wrong. Predictions, predictions.

[boum62]

@wirelessboiler They did in Ireland. In the UK .. continued inward migration have kept house proices artifically high along with good old QE !

[wikichris]

@wirelessboiler You need to remember that 0.5% interest rates for this long is completely unprecedented. They are an EXTREME low. Lowest, by far, in hundreds of years. That's why we are getting this shocking inflation. Inflation for long enough will mean less money to pay the mortgage anyway so it's just a delaying factor making everything worse in the process.

[HarrysSecret]

I did some house price research today. I found a 35% drop compared to 8 months ago.

DON'T BUY YET!!! Wait 12 months and save save save...

[mmmoroi]

You cannot rule out 60% drop by 2013, What goes up must come down.

[bmer650]

You are all missing the real reason for the decline, AUD is doing well only because of raw materials to China, All western countries are in decline, the financial crisis was the catalyst but the fact that big business is moving all production out of the west to China for a high but short term gains. Until we stop demanding products at Wal-Mart prices and force the Chinese to reevaluate the RMB and start manufacturing again in the West them we are doomed. You watch over the next 5 years!

[wasabimanic]

@bmer650 you called it right. ppl with their heads out of their butts can see it coming .Scarey how many remain ignorant though.No way we nor even the hard working Japanese can resist the Chinese minus minimum wage workforce. Hello 3rd world status.

[redline601]

bollocks theyre rising in the u s 10% per month now

[CONSTRINGACY]

@redline601 yeh for how long!You can only keep things propped up for so long!

[maynardgravy]

@redline601 HA HA HA HA HAAAAAAAAAAAAAAAAAAAAAAAAAAAAA­AAAAAAAAAAAAAAAAAAAAAAAAAAAAAA­AAAAAAAAAAAAAAAAAAAAAAAAAAAAAA­AAAAAAAAAAAAAAAAAAAAAAAAAAAAAA­AAAAAAAAA!!!!!!!!!!!!!!!!!!!!!­!!!!!!!!!!!!

[bruno188home]

@redline601 where in DC or Detroit?