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BREAKING: House prices dip 1.1% Nationwide reveal

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‘This is a good thing for most of us…but there is no real likelihood that mortgage rates are going to fall anytime soon.’ Professor of …

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20 Comments

20 Comments

  1. @stevep9221

    January 11, 2024 at 12:48 am

    In 2008 we were told new regulations were brought in so that my poor mans money would never again be used to pay the rich elites salaries, pensions and bail out their ponzi mortgage schemes. How has this happened and I want a full explanation today as to why interest rates were allowed to drop so low and the regulations to be ignored by 2009. Now and I mean today, not tomorrow I want a full explanation and those at fault sent to prison. If someone says they could not foresee this then lock them up. I left school with zero qualifications – lost 30% on my house sale in 1997 – and I knew this would come around again.

  2. @stevep9221

    January 11, 2024 at 12:48 am

    We were told in 2008 tight regulations, controls on inflation/interest rates and strict liquidation tests would be introduced so they would never go bust again. It lasted 1 year before they forgot all that and doubled the mortgage debt mountain and gave out free cash (quantitative easing) to the rich. It is a disgrace and a bank has gone bust again. They are using our cash to buy bonds and banks again so that the rich are bailed out again. This time they will go to prison like they did in Iceland. They are posh fraudulent criminals. They steal billions and get their government pals to fraudulently leave all sales of the HPI that they do not like – only 30% are included in the initial government monthly HPI and new houses 3 times. Fact check it. Prison please.

  3. @stevep9221

    January 11, 2024 at 12:48 am

    The ONS HPI is a part of the Ponzi scheme con. They only include 30% of sales and then hardly ever change it. Any house that would through out their figures (like 70% of them) they leave out. Ask an FOI question and you will see the fraud that goes on that influences the biggest financial decision people make in their life. Rich Tory Bankers Ponzi con mens scheme. They made up a scheme to make them all rich and keep the poor poor.

  4. @RYCHEEE

    January 11, 2024 at 12:48 am

    oooh 1% drop thanks guys super helpful!!!

  5. @ML-wy8og

    January 11, 2024 at 12:48 am

    Is a 3.7% drop news ?

  6. @captainhamburgers8571

    January 11, 2024 at 12:48 am

    Prices up about 50% in 6 years since i bought my home in my area. And rates gone from like 2.5% to 6%. People probably having to pay double for the same house compared to six years ago. Wages maybe increased 25% at best during that time. 10k-15k deposit would a got someone on the ladder here before. Id feel in a risky position buying with anything short of 30k now. like how long does that take people to save lol?

  7. @wildsurfer12

    January 11, 2024 at 12:48 am

    They now need to fall by another 50%, then I might be able to afford one!

  8. @wrighty338

    January 11, 2024 at 12:48 am

    just waiting for the other 23.9% drop so i can buy my first house.

  9. @reeling-in

    January 11, 2024 at 12:48 am

    House prices are well over inflated!

  10. @bigmatthews666

    January 11, 2024 at 12:48 am

    Houses are overvalued. Good

  11. @TG-ts3xn

    January 11, 2024 at 12:48 am

    😂 LONG way to go yet.

    Wait until interest rates rise to 10%+

  12. @gregmoore167

    January 11, 2024 at 12:48 am

    Wow, considering inflation in this time has been 10-20%, in effect, house prices r down perhaps close to a quarter!

  13. @ktool4855

    January 11, 2024 at 12:48 am

    The UK housing market is an absolute piss take. The only way someone in the south east of England will own a house is by winning the lottery or inheriting a property from a deceased family member.

  14. @diesel92kj1

    January 11, 2024 at 12:48 am

    Dip 80% please.

  15. @misfit2022

    January 11, 2024 at 12:48 am

    It’s beneficial for those wishing to buy a house but another problem they have is competing with investors.

  16. @craphead9842

    January 11, 2024 at 12:48 am

    Dragflation is happening and has been happening for 3 yrs… A no brainer really and the working classes will be fucked…

  17. @markscript5746

    January 11, 2024 at 12:48 am

    Still ridiculously expensive aren't we all going to foodbanks and sitting around a candle to keep warm

  18. @songscoops4205

    January 11, 2024 at 12:48 am

    Not a bad thing..

  19. @stephfoxwell4620

    January 11, 2024 at 12:48 am

    The peak was last June.
    Falling for eight months now. Asking prices down 5%.
    Prices will bottom out by Xmas 10% below peak.

  20. @andrewneil6027

    January 11, 2024 at 12:48 am

    We could cut out the middle man and just let WEF economics maintain its own hierarchy…
    Nah

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Beat the system with TallyMoney. Gold you can spend. To get 50% off your activation fee, use code GBN50 on the activation screen https://click.tallymoney.com/A64P/xxtvsx6r #ad

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