tag:blogger.com,1999:blog-2948538160252327076.post4792092646680928329..comments2023-11-02T15:48:50.381+00:00Comments on UK Bubble UK Economy: The crash is back onAlice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2948538160252327076.post-61786125277134275962009-06-30T13:30:27.295+01:002009-06-30T13:30:27.295+01:00House prices need to come down.
House price rises...House prices need to come down.<br /><br />House price rises are a bad thing.<br /><br />When will this message get through?<br /><br />Until it does, we must assume that we have not yet learned our lessons.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-31658775404949999432009-06-29T18:34:54.865+01:002009-06-29T18:34:54.865+01:00What is interesting is this: in the UK, despite tw...What is interesting is this: in the UK, despite two years of crash, prices haven't come down at all. Whereas in the US, they have come down a lot. Wonder why?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-63218007842337684842009-06-29T18:17:05.955+01:002009-06-29T18:17:05.955+01:00nice comment. I love the lord of the ring trilogy ...nice comment. I love the lord of the ring trilogy myself.<br /><br />"the orcs are upon us"<br /><br />"deflation is upon us"<br /><br />"inflation is upon us"<br /><br />fantastic stuff !Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-30401890950012664682009-06-29T18:10:37.700+01:002009-06-29T18:10:37.700+01:00exactly; monetary velocity is minimal now, consume...exactly; monetary velocity is minimal now, consumers have a preference to pay down debt over consumption. huge secular change in behaviour upon us.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-86718134704660356652009-06-29T17:21:34.861+01:002009-06-29T17:21:34.861+01:00Being approved for a mortgage does not a mortgage ...Being approved for a mortgage does not a mortgage make, then. Keep watching the transaction levels in the land registry, and the amount of deposit you require to get a mortgage. Even if you are not in negative equity,if your equity has taken a hit you may be stuck with the choice of selling and moving to rented, renting and moving to rented accommodation, or just stuck. People with low mortgage rates are paying down their debt. Think of it as an 18 year cycle, with 7 more years on the downside before the rise. The crash may be off, but slow steady crumbling is on.boiling frognoreply@blogger.com