cam230723 (December 31, 1969 at 5:59 pm)

10% down and 30% to go. Come on the house price crash!

Mirkwood50 (December 31, 1969 at 5:59 pm)

You need to open your eyes.Nobody is selling now. Homeowners will just wait until it picks up. No need to give away your biggest asset. Just sit tight. It will get better. Don't let some bedsitting parasite have a bargain on you.

jontuxy (December 31, 1969 at 5:59 pm)

Houses never lose money, people do!Houses just become worth what banks are prepared to lend people to pay for them...House prices will be 50-60% down [on what they were when this was first broadcast] within 3 years.A return to sanity and normality, much as it may pain those who bought at the 'wrong time' or those who cling to the misguided belief that their property is somehow 'worth' triple it's value of 10 years ago...

Swipe99 (December 31, 1969 at 5:59 pm)

I think it's wrigglesworth who is looking stupid now, don't you think?

dakaranandayo (December 31, 1969 at 5:59 pm)

ahhh FP, it was a lonely furrow you were ploughing then ;-)

duffduffbeerbeer (December 31, 1969 at 5:59 pm)

over the long term your absolutely right, house prices will on average go up every year if you look at it over lets say a 20 year period, but over the next 2 years there will be a 15 to 30% drop in all house prices nation wide, yes some areas will fall far less than others but everywhere will have a significent fall. so in the short term yes you can lose alot of money in houses but in the long term they are a fantastic investment... we have some very difficult times ahead 2008 to 2010.....

NUCLEARDOLPHIN (December 31, 1969 at 5:59 pm)

uk property market is fucked for 3 or 4 years at least, thank god, at last some people will be able to afford a property.....

wrigglesworth (December 31, 1969 at 5:59 pm)

so true

Mirkwood50 (December 31, 1969 at 5:59 pm)

Typical load of rubbish.The only houses that are going cheap are chav shacks. No bargains if your after a decent home. Houses never lose money.

wrigglesworth (December 31, 1969 at 5:59 pm)

yeah man, he look pretty stupid eh?