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Prospects for the UK residential property market are uncertain with the latest real estate index published today (Thursday October 07) showing prices fell 3.6% in September.
Originally posted by loves a conspiricy
Its almost like the banks have done all they can to devalue property
Originally posted by loves a conspiricy
Are prices dropping again so the banks can now steal all of our properties?
Originally posted by paraphi
Originally posted by loves a conspiricy
Are prices dropping again so the banks can now steal all of our properties?
How does dropping house prices lead to Banks stealing people's houses? Your logic does not flow. House prices go up and down and there is no evidence to suggest this blip is the start of a general fall in prices.
Try not to panic.
Regards
Originally posted by loves a conspiricy
Banks lent the money....if the banks decide that they cant take the risk anymore as the prices have dropped into negative equity...the bank can...and probably will call in the debt. As the people wont have the cash for the house...the banks will reposses them as they are the banks property until you have paid off the debt