stuckmojo

Could mean it's time to buy that old boarded up pub?

That's actually my plan, in 2 or 3 years. I'd keep the bar as kitchen, and leave the hopefully worn wooden floors.

Subtract 5% RPI: -7.8%.

 

CRASH!!

that's what I was thinking. Plus, I would also count the negligible wage inflation (can you even call it that?) and the cuts starting in March + the 90 days consultation = carnage in the summer in my view.

Halifax down 0.9% MOM and 2.8% YOY

http://www.lloydsbankinggroup.com/media/wo...ebruary2011.doc

Reading their release, the price/earnings ratio stands at 4.46, quoting a mystic figure from the Annual Survey of Hours and Earnings (ASHE).

Without looking at that release, a quick calculation shows the average wage to be...

36470.179372197309417040358744395

36.5 GRAND!

A couple of properties I have seen recently have dropped 10% of their price after not shifting within a couple of weeks. Seems like people dont want to hang around.

 

A good chance they trade in this market though from what I have been hearing....we'll see!

wow, 10% off after just a couple of weeks? Perhaps these sellers are desperate? I would like to have more evidence to support that as a widespread situation.

Things could get interesting.

So technicals and fundamentals both point to a slide in UK house prices.

 

The government intervention card has been played out in full, next to crack are the main stream media. At the moment, they are bullish, but lets see in the months ahead. Snow and Stamp Duty are a bit lame as excuses go. Watch for more and more sarcastic comments at the end of these 'spin' stories....

 

House prices fall for first time in 10 months thanks to bad winter and end of stamp duty holiday

http://www.dailymail.co.uk/news/article-12...l#ixzz0gdg5aRWc

Excellent post. It does look like all the indicators point towards a slide in House Prices. It needs momentum though