Brexit good news

[BrilloPad]

UK house prices and sales 'losing momentum' - BBC News

To be fair, prices are only flatlining. Son perhaps this is only slightly good news.

Hopefully there will be a crash soon.

[DimPrawn]

They will boom if we follow Denmark.

https://www.bloomberg.com/news/artic...s-rates-plunge

[CryingSheep]

UK house prices and sales 'losing momentum' - BBC News

To be fair, prices are only flatlining. Son perhaps this is only slightly good news.

Hopefully there will be a crash soon.

Historically house prices 'crash' every ten years. We are now 11 years from the last one... sooner or later, brexit or not, it will happen!

[original PM]

Historically house prices 'crash' every ten years. We are now 11 years from the last one... sooner or later, brexit or not, it will happen!

No no no.

It's because of Brexit.

Everything bad is because of Brexit.

You know when you get to the bottom of the bowl of cornflakes and the last few are soggy?

That's Brexit for you.

[CryingSheep]

No no no.

It's because of Brexit.

Everything bad is because of Brexit.

You know when you get to the bottom of the bowl of cornflakes and the last few are soggy?

That's Brexit for you.

But in this case was being highlighted as a good thing coming out of Brexit...

A small 'crash' (correction) on house value can be fine and even healthy to some economies, drops over 10% start to be very dangerous...

[WTFH]

No no no.

It's because of the EU

Everything bad is because of the EU

You know when you get to the bottom of the bowl of cornflakes and the last few are soggy?

That's the EU for you.

OPM, the above is what you normally imply.

[BrilloPad]

Historically house prices 'crash' every ten years. We are now 11 years from the last one... sooner or later, brexit or not, it will happen!

2008 was just a minor blip down. The last proper crash was 1989 that took about 6 years to recover. From 1995 it took about 3 years for prices to double to 7 years to treble.

I hope there will be a crash rather than a blip. Young people deserve it.

[Platypus]

Young people deserve it.

My young people are just trying to buy their first place. Oh well !

[DimPrawn]

Negative mortgage anyone?

My bank in Denmark just offered me a NEGATIVE rate of interest to borrow money | Sovereign Man

I don't think house prices will fall when your high street bank will pay you to buy a house....

[original PM]

OPM, the above is what you normally imply.

Were your cornflakes soggy this morning?