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Thread: For some, Credit Crunch is not bad at all

  1. #1
    hasan_889's Avatar
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    Talking For some, Credit Crunch is not bad at all

    In a recent survey conducted by BBC shows that 28% Britons want property prices to fall more, while 22% want an increse in property price.

    Biggest UK lender, Halifax has reported that average property price has fell by 1.3% in the month, April. It contributed to the first year-on-year drop since February, 1996.

    Another good news, if you have million pounds!

    Million pounds properties sale has gone down at least 15% in England and Wales and 25% in London.

    To read more visit Property Prices : Britons want more down fall | Hasan-Online.com - Jinnat Ul Hasan Homepage

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    I want it to fall by 50% or more

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    Quote Originally Posted by temi View Post
    I want it to fall by 50% or more
    Well that would obviously state you'd like to buy a property or two!

    How I too wish they would drop by as much. Just scary to think what else could happen in UK if they fall by that much...

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    Whilst I am the beneficiary of this crazy price rise (my house value has increased by over 100% in 6 years) I just think its completely mad, a friend of mine in his 30s with a good job is still stuck in his parents house because he could not buy, he has been saving for years

    And also, I will like to buy one or two properties for investment, could not even afford a shoe box in the location I would love at the current prices.


    Quote Originally Posted by vicdigi View Post
    Well that would obviously state you'd like to buy a property or two!

    How I too wish they would drop by as much. Just scary to think what else could happen in UK if they fall by that much...

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    Another plus side is hopefully will be the death of Property Pornography shows that are always on at the moment. Why Channel 4 rather bring back "Our place in the City under the hammer restored" with Sarah Beeny, than Crystal Maze I have no idea.

    It is madness, I'm okay if the house prices fall, but a number of my employees are in their mid 20's and still live at home. It's horrible for them as in effect their lives are on hold until they move out (it's very difficult to "settle down" where they've got nowhere to settled to)

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    temi's Avatar
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    Quote Originally Posted by livetech View Post
    It's horrible for them as in effect their lives are on hold until they move out (it's very difficult to "settle down" where they've got nowhere to settled to)
    I feel for this group of Brits as well, its not a great position to be in.

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    That sounds so much like me , 24 and living at home. I've got a great job, just can't afford anywhere to live. I'd love to live somewhere else than with my parents, I just can't afford it

    The worst is going to University. You get used to living away from home, and then you go back to living like a 15 year old
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