House Price Crash - not likely...

**BlasterBates** · 4 April 2007, 10:44

Ms Nicholson said: “It was brilliant. I could read details, locate the street on UpMyStreet and even check out the surrounding area. I then dashed down there to view flats in my lunch hour. It has taken about six months but I found a one-bedroom flat for £195,000 with use of garden and moved in a month ago. I was the first person to view it and I made my mind up very quickly.”

oh dear

**milanbenes** · 4 April 2007, 10:48

blaster,

don't be a spoil sport, as you know you've got to be in it to win it

read the correct newspaper articles and you'll get into the spirit of it all and buy a nice 1 bed flat for a few hundred k

sorteeeeeeeeeed

Milan.

**BlasterBates** · 4 April 2007, 10:51

yup OK

**Maxamus** · 4 April 2007, 10:52

the interest rate hike by 0.25 in the coming months should sort it out

**Francko** · 4 April 2007, 10:52

Blaster, where are you in Switzerland? Zurich?

**milanbenes** · 4 April 2007, 10:55

blaster,

nice one lol

Milan.

**churkus** · 4 April 2007, 10:55

i have 4 houses in London which my daddy bought for peanuts in the 50's.....hehehehheheheehehehehe.

**_V_** · 4 April 2007, 11:17

http://news.bbc.co.uk/1/hi/business/6524939.stm

Annual house price inflation across the UK has risen to almost 10%, according to the Nationwide Building Society.

Between January and March prices rose by 2.2%, with all parts of the UK registering house price growth.

The typical home cost £175,554 at the end of the first quarter, the building society's quarterly survey added.

Northern Ireland is experiencing astounding growth, with prices up 57.6% year-on-year, the biggest annual rise the Nationwide has ever recorded.

Experts suggest that the peace dividend is a key reason for such startling growth in house prices in Northern Ireland.

London was also singled out as an area of exceptionally high price growth.

A typical house in the capital costs £280,995, up 14.3% over the past year.

Rejoice!

**DodgyAgent** · 4 April 2007, 11:26

Inheritance tax

If ever there was a justified tax then this is it, except for when it disrupts the running of a legitimate business. If upon death an individual's property were to be given to the state it would take the steam out of house prices as property ownership would become a "lifetime rental".

This would not only take the steam out of house prices but it would also force all of us to start out on a level playing field. I have not become a raging commie all of a sudden, as I also believe that the worst thing you can do is give someone something for nothing. Inheritance is right up there with welfare, get rid of them both I say

House Price Crash - not likely...