First time buyers regain footing on the property ladder - NAEA

neverdespairgirl

I think you are a lot more optimistic than some, but that's all. You certainly don't seem to beleive that prices only ever rise, it's different this time, etc.

thegibdog

baby_boomer wrote: »

The rise in FTB sales [from paltry 10.6% to a paltry 11.8% ] shows that first time buyers have regained some confidence and have realised that they can use the current market to their own advantage .

What planet are these spin doctors on :rotfl: :eek: :rotfl: ?

It just means that house prices became more affordable for a tiny minority of those who want the security of owning their own home. It doesn't mean they're confident of not making a loss!

A legitimate alternative interpretation is that they are simply ignorant of the market .

Like I said earlier, this is not a rise in FTB sales, merely a rise in the proportion of total sales that have invloved FTBs. When total sales have vastly decreased this means that sales to FTBs have also decreased.

Conrad

As a long lived bear I'm now getting a gut feel we may see price increases next Spring and onwards.

I see interest rates as being lower by then, and this coupled with other better news will be sufficient for the masses. In the final anlysis, regardless of the risks, on balance more of us would rather own than be at the behest of a jumped up landlord. All it takes is a small change in the economic landscape and off we go again. I wish it weren't true, but it is.

moanymoany

Snooze wrote: »

Who are you trying to kid? :rolleyes: You are a bull through and through and I've pulled you up about this before but you spat your dummy out and denied all knowledge. You never post any "bad news" so please give up with this "I have to balance the debate" dross as it's getting incredibly boring. :rolleyes:

You are in bed with Mr. Green Shoots and Mr. B, just admit it. :rolleyes:

Rob

Is that the bed they made and have to lie in?

PayDay

IveSeenTheLight wrote: »

Yourself and Mr Payday have chosen in this thread to attack the OP rather than discuss the topic.

I haven't posted on this thread (until this post). What are you on?

mewbie_2

He's (IveSeenTheLight) had a bit of a tough morning. Some childish twerp has been trying to make him look a fool.

PayDay

He only had to read 7 users names (apart from his own) on this thread, but he still got his facts wrong.

geoffky

Most mortgage advisers wont be here next year the way its going...

chrisandanne

Conrad wrote: »

As a long lived bear I'm now getting a gut feel we may see price increases next Spring and onwards.


I think so too..even on these boards there are people with money burning a hole in their pocket.

I think the falls will continue and next spring there will be a wave of buyers getting what looks like a bargain......However when this first wave ebbs I think it will be over and prices will continue to fall, do they call this a bull trap ?.

Generali posted a graph of the share falls in 1929 and there was a bounce after a severe fall..after this they fell and fell. I can see it being the same with the housing market.

A x

Turnbull2000

Does this mean that first-time-buyer numbers have crashed just slightly less than all else?