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Debate House Prices


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Crunch Time--- ITV 8pm tonight

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Comments

  • johnycoldears
    johnycoldears Posts: 119 Forumite
    experience08 wrote: »
    That Jock guy who was on there, is he the owner of the HPC website?


    No, but he is pretty much the official spokesman.

    Although I agree with most of what he says, and am very bearish myself, I do have one niggle with Financial Planner in that we are all, quite rightly, scornful of V.I "property experts" who have been ( and still are) talking up the market for their own benefit. FP has made it clear on HPC that he rents and will buy when the market has corrected. To this end I think he should declare his own Vested interest in property prices falling. At least the viewing public would then be able to balance this point with his introduced role as "chartered financial advisor".
  • geoffky
    geoffky Posts: 6,835 Forumite
    and does kirsty declare her vested interest? yer right...
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • Banderman
    Banderman Posts: 351 Forumite
    Tonight's televisual feast has been excellent viewing. The debut of the new television channel , DOOM TV has been a resounding success.
  • Mandark
    Mandark Posts: 181 Forumite
    dudleyboy wrote: »
    Just finished watching and it was almost unanimous - house prices were predicted to fall between 30% and 50% over the next 2 to 3 years!

    http://www.youtube.com/watch?v=yLt7clQbBzo
    Yes and that guy reckoned that some areas, possibly Belfast from what he said, might see 75% falls!!! Hugely inflated properties, probably flats, at 400 grand that are really worth about 100 grand. Shocker!
    Prof planning and public rights of way person. Studies all things tech!
  • Lotus-eater
    Lotus-eater Posts: 10,792 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Mandark wrote: »
    Yes and that guy reckoned that some areas, possibly Belfast from what he said, might see 75% falls!!! Hugely inflated properties, probably flats, at 400 grand that are really worth about 100 grand. Shocker!
    Yeah but, that guy, was the investor off dragons den........ not exactly a property expert. Still he was a genuine millionaire investor, so his views probably could be worth more than double the other two... put together.

    Bit of a waste of time really, on the whole.
    Freedom is not worth having if it does not include the freedom to make mistakes.
  • pickles110564
    pickles110564 Posts: 2,374 Forumite
    ad9898 wrote: »
    Should be worth seeing by all accounts, unless you're a BTL'er:D

    http://www.housepricecrash.co.uk/forum/index.php?showtopic=87943
    Why?
    All this means to me is that I will be able to buy more stock at greatly reduced prices, how is this bad?
    If prices had remained at the stupid high prices I would probably only added 2 to 3 more over the next 5 years now HAPPY DAYS.:T
  • fatpig_2
    fatpig_2 Posts: 631 Forumite
    Mandark wrote: »
    Yes and that guy reckoned that some areas, possibly Belfast from what he said, might see 75% falls!!! !
    Not just Belfast, he said London too. :eek:
  • dopester
    dopester Posts: 4,890 Forumite
    The episode is online now, and I'm about to watch it. ;)

    http://www.itv.com/tonight/
  • moanymoany
    moanymoany Posts: 2,877 Forumite
    dudleyboy wrote: »
    Just finished watching and it was almost unanimous - house prices were predicted to fall between 30% and 50% over the next 2 to 3 years!

    http://www.youtube.com/watch?v=yLt7clQbBzo


    sorry - shouldn't read the comments on youtube!
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