Certainly under way, prices down over 10% and it will be full steam down next year too. House price are just so high, but now at last it is sinking in and once people lose confidence in buying it takes sometime and some price drop to give them back their confidence.
Many people facing the prospect of Repossession are not aware of their options. It's an unfortunate fact that lenders do not listen to people's reasoning for falling into arrears and would rather take possession than come up with a viable solution.
Money is safer than houses ,everyone will get their money back because it can be printed and dropped from hellicopters [take whats yours and pass on the rest ].
smartiepants will hedge their bets by taking both pills at the same time and sickeuroties the result ,heads they win, tails[AAA,s] pensioners lost
I think the uk economy has been on borrowed time for a while now. All the signs of an impending serious economic downturn are now in place. The Christmas sales have delayed it slightly, but have also worsened the situation by drawning people further into debt.
This is a great vid well done the fact that the house market in the red is no problem solong as the rates are kept low and people can work Brown has to make the right desions and things will be fine however if they make a mistake we all take the red pill google money is debt and watch the video very good
Lets hope brown has the guts to do the right thing
I had a look at the graph on the web site front page. Quite interesting.
It seems things have returned to the long term trend without much of an undershoot.
Hope it stays like that.
tommytipitcup 2 years ago
@tommytipitcup Im afraid they can only temporarily hold back the coming
storm.
Prices have already nearly crashed by 40% in the uk, when priced in gold.
THEUKCRASH 1 year ago
Certainly under way, prices down over 10% and it will be full steam down next year too. House price are just so high, but now at last it is sinking in and once people lose confidence in buying it takes sometime and some price drop to give them back their confidence.
OneStopView 3 years ago
House prices crash.
HousePriceCrash 3 years ago
watch some of my videos for ur future. Its all very easy guys.
john67elco 3 years ago
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Many people facing the prospect of Repossession are not aware of their options. It's an unfortunate fact that lenders do not listen to people's reasoning for falling into arrears and would rather take possession than come up with a viable solution.
RepossessionInfo 3 years ago
Money is safer than houses ,everyone will get their money back because it can be printed and dropped from hellicopters [take whats yours and pass on the rest ].
smartiepants will hedge their bets by taking both pills at the same time and sickeuroties the result ,heads they win, tails[AAA,s] pensioners lost
ubornthick 4 years ago
I think the uk economy has been on borrowed time for a while now. All the signs of an impending serious economic downturn are now in place. The Christmas sales have delayed it slightly, but have also worsened the situation by drawning people further into debt.
SteelyEyedKipper 4 years ago
This is a great vid well done the fact that the house market in the red is no problem solong as the rates are kept low and people can work Brown has to make the right desions and things will be fine however if they make a mistake we all take the red pill google money is debt and watch the video very good
Lets hope brown has the guts to do the right thing
abbeymeadheating 4 years ago