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Debate House Prices


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Are you putting your money where your mouth is?

124

Comments

  • Rinoa
    Rinoa Posts: 2,701 Forumite
    carolt wrote: »
    Are you putting your money where your mouth is?

    Don't be shy.

    So carolt, how long have you been putting your money where your mouth is?
    If I don't reply to your post,
    you're probably on my ignore list.
  • None of the above - more info below
    chucky wrote: »
    if you're such a big man - why don't you sell up, wait for prices to fall and re-buy at a cheaper price...

    ahhh - i already know the answer... you've got no balls, don't believe what you preach and you don't expect prices to falll... or you're just frothing for the sake of frothing...


    It is right i follow a lot of these post's and what i believe is how i behave, thats why i bought last year, if i felt as strongly about house prices falling like you do graham, surely you would have sold and jumped back on the ladder when these so called falls come, you keep on going on about this so called crash.

    But like chucky said deep down you dont think house prices will fall, well not enough to put your money where your mouth is.:cool:
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Dan: wrote: »
    Yes they are building. Crawley has whole new estate of 2500 homes being built over the next few years.

    http://www.kilnwoodvale.co.uk/

    Good grief.

    Ask Hamish if building is anywhere near that of previous years.

    He's the one you all thank when he tells us of shortage of homes, lack of building, house prices up.

    Yet when someone brings the same lack of building into the conversation, suddenly, they ARE building.

    Which is it. Building or not? When Hamish next week posts a thread about lack of building, shortage of supply, ever increasing HPI, will you be there to point out they are building?
  • System
    System Posts: 178,435 Community Admin
    10,000 Posts Photogenic Name Dropper
    Dirk_Rambo wrote: »
    cleverclogs joe, im the real deal . im telling you what its like in the real world and not the intranet one alot of you spend 2 much time in. house prices are crashing where i live but some anorak on here will try to tell me theyre going up and even post a silly graph to try to prove it. its bonkers. but good luck to you all the same

    Nope, I'm still no clearer as to what the answer to my question is.

    It's internet btw.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Emy1501
    Emy1501 Posts: 1,798 Forumite
    I think prices may fall by maybe 10-15% but its only a guess. I'm looking and will buy at the right price. I'm happy to take a 5-10% hit for right property as there is no real guarantee of anything at the moment.
  • None of the above - more info below
    Chaos_A.D. wrote: »
    Bought outright because I like the feeling of security that this brings, got a considerable discount from peak (27%). My circumstances were such that price was pretty much irrelevant, although it's nice to know you paid less than peak.

    From a personal point of view, prices are again irrelevant, however my stance is well known, I believe a 'rowing back' from the disastrous credit binge that has/is ruining the economy has to be a good thing, which I guess means I'm against HPI in the form we have seen.

    okay geofk
  • Dirk_Rambo
    Dirk_Rambo Posts: 387 Forumite
    None of the above - more info below
    Joeskeppi wrote: »
    It's internet btw.
    thanx. thats why i call you cleverclogs joe
  • lewisa
    lewisa Posts: 301 Forumite
    None of the above - more info below
    'none of the above', because house price fluctuations are far less relevant when looking for somewhere to live.

    I found somewhere I could afford, I bought it, I live in it, job done.
  • botchjob
    botchjob Posts: 269 Forumite
    I think property prices will fall but I'm buying anyway
    We’re about to buy a house which I expect will probably be worth a bit less than it is now in 12 months, possibly even 24 months time. Why? The kids are approaching school age and we need somewhere bigger that is in the catchment of decent schools. Although it doesn’t exactly thrill me to be buying at this particular moment in time (I think next year would be better) we’re not in a position to sit tight and try to second guess what the market is going to do, something that most people get wrong anyway. We just need somewhere nice to live, and have been lucky enough to find such a place. And as we intend to stay there for 10 years or more, the market will have been through a cycle or two by the time we come to sell and hopefully everything will have evened out. Houses are for living in. Unless you are a property investor or are looking for a quick buck, the advice ‘buy as soon as you can afford to buy’ is pretty sound. No point hanging around trying to be clever.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I think property prices will fall and I'm putting my money where my mouth is
    Jonbvn, Llubrevlis, carolt, sarkin1

    Really?

    How many of you have shorted the Halifax or Nationwide with IG Index betting on lower house prices.

    If you're so sure, why not?

    Answers on a postcard.....
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
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