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For some, Credit Crunch is not bad at all

Discussion in 'General Discussions and Lounge' started by hasan_889, May 13, 2008.

  1. hasan_889

    hasan_889 New Member Webmaster

    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! :thumbsup:

    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
  2. temi

    temi Facilitator Webmaster

    I want it to fall by 50% or more
  3. vicdigi

    vicdigi New Member Webmaster

    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...
  4. temi

    temi Facilitator Webmaster

    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.

  5. temi

    temi Facilitator Webmaster

    I feel for this group of Brits as well, its not a great position to be in.
  6. rhyswynne

    rhyswynne Member Webmaster

    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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