Go Back   David Icke's Official Forums > Main Forums > Survival / Local Economies / Communities

Thread Tools
Old 01-04-2008, 09:22 PM   #1
Senior Member
Join Date: Sep 2007
Posts: 405
Likes: 1 (1 Post)
Default and you thought the late 80s crash was bad!

If you draw a line through the troughs (ACTUAL house prices?) it looks like house prices are due to fall to around 50% in five years time.! I might actually get on the property ladder when I'm 40.

The Phora

Last edited by joyful; 02-04-2008 at 10:51 AM.
joyful is offline   Reply With Quote
Old 05-04-2008, 09:47 PM   #2
Senior Member
Join Date: Apr 2008
Posts: 196
Likes: 0 (0 Posts)
Default Crisis, what crisis?!

Yes, I agree, particularly if you take into account restricted lending and the Buy to Let brigade off-loading their properties as fast as they can as yeilds drop too.

It's very worrying. And there is hyper-inflation in food, gas, transport, council tax and debt.

I think prices may fall very fast and the unravelling to 30 or 40 per cent drops might not take five years to materialise. Personal indebtedness will make many sellers time pressured. Grouping together and buying properties with land may be the only viable solution for many people in the near future. IMHO
matthew84 is offline   Reply With Quote


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump

All times are GMT. The time now is 04:10 AM.

Shoutbox provided by vBShout (Lite) - vBulletin Mods & Addons Copyright © 2020 DragonByte Technologies Ltd.