Crash Crash Crash !!!!!!!!!!!!!!!!!!!!!!!!!!!

wotsthat

smartn wrote: »

Wanting lower prices for the good of the younger generation is entirely different to selling your own house at below market value! I am a homeowner and would not be upset to see house prices fall if it meant the next generation of buyers don't have to become slaves to mortgages when interest rates go up.

It's so bad that the next generation will become 'slaves to mortgages' and yet you're not willing to help the next generation by selling them a cheap house?

Maybe you're out with placards supporting planning for new houses on the edge of villages instead?

If people who want cheaper houses aren't actually willing to do anything to achieve this why do they see themselves as morally superior?

sabretoothtigger

FINANCIAL TIMES

Thursday August 22 2013


Breaking news

Trading halted on all Nasdaq-listed stocks

Trading in stocks listed on the Nasdaq including Apple, Google and Facebook were halted just after midday in New York as the second-largest US stock exchange by volume experienced technical issues.

Ok not a real crash but it could be if they hadnt switched it off

JonnyBravo

OffGridLiving wrote: »

OK, bye. :wave::hello:

Good luck in the other boards, but as I said, something tells me that you won't be gone long.

Yeah that approach sounds familiar.
"I'm off, I've had enough" etc etc
Yet here you are.

Pot and kettle?

JencParker

OffGridLiving wrote: »

OK, bye. :wave::hello:

Good luck in the other boards, but as I said, something tells me that you won't be gone long.

I meant the thread, not the board. Hard luck

OffGridLiving

JencParker wrote: »

I meant the thread, not the board. Hard luck

And yet here you still are... :)

System

I didn't realise that all you had to do was type it out to gain bonus morality points!

Houses should be free for everyone!

Right, I'm done, I'm going to heaven.

Loughton_Monkey

Joeskeppi wrote: »

....Houses should be free for everyone! ...

I thought they already were! [well almost everyone].

Moby_Tide

Sibley wrote: »

The crashers did actually call it right. There should have been a crash.

You'll be backing the "Flat Earth Society" at this rate

John_Pierpoint

The "crash" has been avoided so far by a massive exercise in printing money - inspite of this "quantitive easing" and false sub inflation gross interest rates; in most of the country house prices have failed to keep pace with inflation.

It is just possible that the rapidly growing population might have to get used to living in intergenerational homes, the historical way that most people lived, if they could not afford a "dower house", in which to park the widow.

OffGridLiving

John_Pierpoint wrote: »

The "crash" has been avoided so far by a massive exercise in printing money - inspite of this "quantitive easing" and false sub inflation gross interest rates; in most of the country house prices have failed to keep pace with inflation.

This strategy didn't work too well in the US and false sub inflation gross interest rates didn't help anyone in Spain, Ireland, Portugal, Greece, et al.

Mind you, the global false sub inflation gross interest rates were set up just to keep UK houses from crashing, so it's not surprising that it didn't help any other country. Good of them all to lower their rates (and for the US and EU to participate in QE) just to help us out with our house prices.

Do you think they are all lizards?