Comments by "Steph Foxwell" (@stephfoxwell4620) on "House prices likely to continue to fall for MONTHS, Liam Halligan reports" video.

  1. Every 1% rise in base rate wipes 3% of house prices. We are up by 4% so they are falling 12% from ladt June's peak. Currently down 7% so another 5% to go. Then a year of stagnation before recovery.
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  2. Mine is at 1.85% until May 2025. Happy Days.
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  3. I have followed the market since 1992 and have figures going back to 1935. It is pretty accurate. No rises before August 2024.
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  4. Informed by what? Cider?
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  5. People on low incomes could never afford houses Only the richest 58% at the moment.
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  6. Inflation is 8.7%. If a £400,000 house rose that much it would be £435,000. But having fallen 4% it will be £384,000. The real loss is less than 12% a year.
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  7. 7 months.
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  8. Average salary is irrelevant as 43% of people never buy a house. It is the average income of the richest 60%. Around £45,000pa that counts. Only 5.8 times income.
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  9. In 1930 only 25% bought houses In 1972 it reached 50%. Houses have always been relatively expensive
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  10. Is it bad that average inheritance is now over £100,000 rather than the £25,000 it was thirty years ago?
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  11. Most areas only had a 70% rise.since 2010. Doubling in 15 years is 4.8% a year.
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  12. In four years time prices should be 7-8% higher.
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  13. Prices are compared to last year not last month.
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  14. Why not? They always were. Until 1933 over 70% of people rented
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  15. Rising again in the New Year.
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