stuckmojo

That's actually my plan, in 2 or 3 years. I'd keep the bar as kitchen, and leave the hopefully worn wooden floors.

that's what I was thinking. Plus, I would also count the negligible wage inflation (can you even call it that?) and the cuts starting in March + the 90 days consultation = carnage in the summer in my view.

Halifax down 0.9% MOM and 2.8% YOY http://www.lloydsbankinggroup.com/media/wo...ebruary2011.doc Reading their release, the price/earnings ratio stands at 4.46, quoting a mystic figure from the Annual Survey of Hours and Earnings (ASHE). Without looking at that release, a quick calculation shows the average wage to be... 36470.179372197309417040358744395 36.5 GRAND!

wow, 10% off after just a couple of weeks? Perhaps these sellers are desperate? I would like to have more evidence to support that as a widespread situation. Things could get interesting.

Excellent post. It does look like all the indicators point towards a slide in House Prices. It needs momentum though