StrugglingMillennial

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  1. StrugglingMillennial

    Credit deflation and the reflation cycle to come.

    Glad its not just me that noticed Sancho 😎
  2. StrugglingMillennial

    Credit deflation and the reflation cycle to come.

    Agreed, i find it funny how the talk has come dow to who will give in first sellers or buyers, people just cannot afford to buy unless they are moving. Which explains the increase in rental properties in my area.
  3. StrugglingMillennial

    Credit deflation and the reflation cycle to come.

    The peak season is now and the majority of houses go on rightmove regardless of their selling status.
  4. StrugglingMillennial

    Credit deflation and the reflation cycle to come.

    Lutterworth
  5. StrugglingMillennial

    Credit deflation and the reflation cycle to come.

    I really dont see how anyone could paint a rosy picture for the housing market. Houses are not selling well at all near me and the number for sale is half of what it was at the start of the year, those that are left are either reduced or they have spent over a year on rightmove.
  6. StrugglingMillennial

    Costa blames high street decline for 2% sales drop

    Sneering/teasing but your post sounded like you were disappointed with what you saw, but thankyou for your reply. Quite shocking how far some companies and i suppose countries will go just to get a few more bucks from a bigger audience, im sure that if polish people had given in to merkle the office that you spoke of would have looked a little different.
  7. StrugglingMillennial

    Costa blames high street decline for 2% sales drop

    So you went to a white country and it came as no surprise to find white people there, would you prefer it if they imported some africans to make it easier on your eyes?
  8. StrugglingMillennial

    Credit deflation and the reflation cycle to come.

    This is a post from another forum that is from 11/2/2006 Interesting considering the recent increase in pump prices 🤔 The Great Crash lasted from 1989-96. I bought a house in Surrey for 189k in 1990. The seller had paid 280k for it in the mid 1980's. That was the extent of the devastation that the Great Crash wrought on prices in that area. We were living in California immediately prior to that and bought a house in 1988 for $274k. Sold it in April 1989 for $374k. One year later it was back on the market for $275k. The Great Crash was a very serious property price correction both in the UK and in certain hotspot markets in the US. The history of house price crashes since WW2 shows: 1. The troughs are roughtly equal to 50% of the preceding peak. 2. The UK market mirrors similar bubble markets in the US both in timing and extent of losses. 3. There has NEVER been a soft landing. 4. Oil price hikes preceded each crash. 5. The present bubble has seen house prices rise about 130% overall which means we could see history repeat itself with a precipitous drop of 65%.
  9. StrugglingMillennial

    Credit deflation and the reflation cycle to come.

    Lets hope it works out that way pal, we have waited long enough 🤞
  10. StrugglingMillennial

    Credit deflation and the reflation cycle to come.

    I dont know what things are like in the rest of the country but asking prices for house near me have started to fall and the number of homes for sale has fallen aswell. A possible early sign maybe?
  11. StrugglingMillennial

    Credit deflation and the reflation cycle to come.

    Hi everyone, nice to see those from the other site 😉 Now, where were we!