tag:blogger.com,1999:blog-2249851329008146395.post6385324812149736884..comments2023-10-30T09:11:12.922-07:00Comments on Clouded Outlook: Speed killsAlice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-2249851329008146395.post-9242189081580739452009-01-03T16:14:00.000-08:002009-01-03T16:14:00.000-08:00Sort of. I was saying for a while that the crash w...Sort of. I was saying for a while that the crash would be quicker here because the banking industry would already be weakened from the US crash (rather than occur AFTER the crash as in the US) and that the psychology would change quicker.<br><br>Even so, I didn't think 20% in one year.Nick von Miseshttp://www.blogger.com/profile/03985951853422897135noreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-26495231499625933572009-01-04T02:20:00.000-08:002009-01-04T02:20:00.000-08:00I'm so glad I never got involved in the madnes...I'm so glad I never got involved in the madness, bought my house in 95 and have no intention of moving.Mitchhttp://www.blogger.com/profile/01024073152949016734noreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-56355413565920233302009-01-04T02:49:00.000-08:002009-01-04T02:49:00.000-08:00ahem ...C@W modestly (!) feel we did OK, on this a...ahem ...<br><br>C@W modestly (!) feel we <a href="http://cityunslicker.blogspot.com/2008/12/2008-predictions-how-did-it-all-turn.html" rel="nofollow">did OK</a>, on this and other frontsNick Drewhttp://www.blogger.com/profile/13670594203660051701noreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-47191079335682607782009-01-04T04:44:00.000-08:002009-01-04T04:44:00.000-08:00Just another 30 points required to get it back to ...Just another 30 points required to get it back to 2003 (my personal "target" for the year).deariemenoreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-87238216341541390022009-01-04T06:08:00.000-08:002009-01-04T06:08:00.000-08:00Actually the real house price graph this time look...Actually the real house price graph this time looks just as steep as it did last time (89- end90), and I was saying it would - the difference is that this time with low inflation, it sounds worse. But the net effect is the same. And 2010 will be as bad as 91was!<br><br>B. in C.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-83789321218951116022009-01-05T02:32:00.000-08:002009-01-05T02:32:00.000-08:00It will be a whole lot worse than '91 - I expe...It will be a whole lot worse than '91 - I expected the bubble to burst about 2 or 3 years ago myself.<br>The bigger the bubble the bigger the bang - so expect major collapse of confidence of what remains of the UK economy in 2009... taking with it house prices !!!Markbaldynoreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-44522103629727910332009-01-05T04:51:00.000-08:002009-01-05T04:51:00.000-08:00Mark - I take your point - yes, the rise - a tripl...Mark - I take your point - yes, the rise - a tripling of prices - is worse this time around, so the graph is both steeper on the way up and the way down.<br><br>B. in C.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-74768572548421312042009-01-05T05:37:00.000-08:002009-01-05T05:37:00.000-08:00I note that because Halifax measures from a 3-mont...I note that because Halifax measures from a 3-month average, their claim of a 16.2% drop in 2008 is a manipulation. Dec 2007 was £197,074; Dec 2008 was 159,896. That's a fall of 18.9%.<br><br>Add a few per cent for inflation, and we find the real house price drop is about 22%. In one year!!!<br><br>B. in C.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-21943207395171366522009-01-05T16:20:00.000-08:002009-01-05T16:20:00.000-08:00at least you're not in California...we're ...at least you're not in California...we're getting hosed big time!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-30119907757785953152009-01-05T19:30:00.000-08:002009-01-05T19:30:00.000-08:00how about a graph for the top 10 cities in the UK...how about a graph for the top 10 cities in the UK? Where were the house prices most inflated? Have they dropped proportionally in those regions?Anonymousnoreply@blogger.com