UK House Prices Plotted to a Roller Coaster

[olivieero123456789]

rc3

[redroofestates]

A fantastic visual. Scary ending! Think everyone is quite scared at the mo for double dip

[S9KSY]

Paul8580,

You were spot on.

I think that it will keep falling at a slower pace through 2010 and bottoms down in 2011. High interest rate and recent horrible memories will keep average house price at £110000-125000 till it starts to slowly rise again around 2013-2014. A steady climb in house prices will commence in 2018 when memories fade and 2 new asian superpowers confuse minds and next crash will follow in 2024 - 2025. There may be a small down blip in 2022. You must sell sell sell in 2023.

[NUCLEARDOLPHIN]

um, I think we all know which way this is going right!!!!!!!

[Paul8580]

To everyone that has requested an update, I will get around to it soon, should be fun. As for the numbers there, they are all in 2006 pounds so consider them adjusted for inflation.

[misfit1978]

Thanks, that would be interesting.

[russedwards777]

UPDATE to 2009 price levels ?

[dolanbaker]

It would be nice *EEK* to see the video updated, should see a nice 60 deg slope at the end of it now.

Even better if it could be referenced to rpi rather than absolute values

[FreeBrunoPowroznik]

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!

[misfit1978]

You're an idiot.

[FreeBrunoPowroznik]

Who was quoted in the Daily Telegraph, me or You?

It was me, wasn't it?!!!

Check out my video:

STRs R Scum - House Price Crash - Credit Crunch

for links, if you don't believe me.

I predicted that house prices would fall by 70% in 2004!!!

Okay, I was wrong about that, but I got a mention in a National Daily, didn't I?

[manicbassa]

You're a dick

[poetlorryit]

IMO house prices will fall 50% over 2-5 years, love that clip I grinned all the way thru!

[MyPersonalAntichrist]

Haha, well done.

[tenchama7]

That 'frit'me ! Thanks..

[electronuk]

Well done it is great, I also looked as one for the US /watch?v=kUldGc06S3U it would be good to see yours done scaled with inflation figure as the US one is done. In my opinion a crash/depression has been engineerered. Google Ron Paul.

[tricky778]

It says this is in 2006 pounds, so I think it is scaled for inflation.

[WHOAMEYE3000]

There has been steady growth from he 1980's and the house market is for sure going to crash.. mark my words! Sell your place and invest a small amount in antiques.. which is going to be worth it!

[maddohartlepool]

Nice one, glad someone has done this for the UK market. Feel free to check out some of my housing bubble videos.

[giovannilopesdacosta]

Very artistic :D