We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

I blame the scapegoats

Who do you think is to blame for the current FUBAR situation we find ourselves in.....?

Which of the below caused this mess? Pick as many as you like. 390 votes

Bankers
18%
GDB2222nickj_2EdInvestorPlasticmanJanCeemeanmachine_2Paul_N_4zfrldarktraderGeneraliBACKFRMTHEEDGEPobbybaby_boomerad44downeyMissMoneypennyneverdespairgirlSapphireLeighthalvet8JustKeepSwimming_2 73 votes
Politicians
17%
GDB2222nickj_2iltismanPlasticmandervishJanCeePaul_N_4ManAtHomemoonshinerebeccajwannasave_2hethmardougsdarktraderGeneraliamcluesentPobbybaby_boomerMissMoneypennyneverdespairgirl 68 votes
BTLers
10%
nickj_2iltismanPlasticmanmeanmachine_2Paul_N_4wannasave_2tomsticklandPobbyad44downeyMissMoneypennyneverdespairgirlSapphireRon2256poppy10_2Cannon_FodderRick62Mushy61Mr._H_2fpa_2napoleon 40 votes
Bank Regulators
13%
GDB2222michaelsnickj_2EdInvestorPlasticmandervishJanCeemeanmachine_2Paul_N_4zfrlGeneralilynzpoweramcluesentGorgeous_GeorgePobbybaby_boomerMissMoneypennyneverdespairgirlSapphireLeighthal 54 votes
Credit ratings agencies
9%
GDB2222nickj_2EdInvestorPlasticmanPaul_N_4GeneraliBACKFRMTHEEDGEGorgeous_GeorgePobbybaby_boomerMissMoneypennyneverdespairgirlJustKeepSwimming_2Ron2256poppy10_2WISHIWASRICH_2Cannon_FodderRick62StevieJMr._H_2 38 votes
People buying stuff on credit
13%
GDB2222nickj_2iltismanPlasticmandervishJanCeePaul_N_4wannasave_2tomsticklanddarktraderPobbyMissMoneypennyneverdespairgirlSapphireJustKeepSwimming_2Ron2256RabbitMadpoppy10_2Cannon_FodderRick62 51 votes
Generali
4%
PlasticmanJanCeetomsticklandGeneralilavandergirl_2MissMoneypennyZammoRabbitMadKez100SwishterZelieLotus-eatersdooleyIan_Griffiths_Halifaxclobber_2Procrastinator333unconfirmedCluelessJock 18 votes
The media
4%
EdInvestorPlasticmantomsticklandpoppy10_2Ivana_B_RichMr._H_2napoleonRabiddog_2MoneyMisersdooleydopesterconfused31_2emma12345Ian_Griffiths_Halifaxclobber_2Incisorunconfirmedbullet_2Realy 19 votes
It's more complicated than that
5%
tomsticklandzfrlbaby_boomerchickarooneeMissMoneypennyneverdespairgirlRabbitMadpoppy10_2purchZeliefc123joannaemmasWTF?_2ray123dopestertreliacLilacPixieclobber_2IncisorSir_Humphrey 23 votes
It's media exageration
1%
tomsticklandchickarooneeRabbitMadjoannaemmasconfused31_2Realy 6 votes
«13456789

Comments

  • Realy
    Realy Posts: 1,017 Forumite
    It's media exageration
    Banking and the Great British public.

    It may be celeb culture but the norberts don't have to live like it.

    Sorry the poll was not there earlier.
  • ad44downey
    ad44downey Posts: 2,246 Forumite
    BTLers
    Slimy Estate Agents are a shocking omission. Surely they deserve a mention?
    Krusty & Phil Madoff, 1990 - 2007:
    "Buy now because house prices only ever go UP, UP, UP."
  • Realy
    Realy Posts: 1,017 Forumite
    It's media exageration
    ad44downey wrote: »
    Slimy Estate Agents are a shocking omission. Surely they deserve a mention?

    Sorry if you (not you personaly) are stupid enough to be "talked in too" buying a £250K house you would have blown money on anything.

    EA's are just a scape goat for peoples stupitiy for buying no matter the cost.
  • ad44downey
    ad44downey Posts: 2,246 Forumite
    BTLers
    I almost forgot. Krusty Allcrap, Phil Spender and the other assorted TV property pimps should be in the poll too. They did their utmost to pump up the market
    Krusty & Phil Madoff, 1990 - 2007:
    "Buy now because house prices only ever go UP, UP, UP."
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Generali
    ad44downey wrote: »
    Slimy Estate Agents are a shocking omission. Surely they deserve a mention?

    I felt that some bloke in a shiny suit and a mini was unlikely to be influential enough to bring down the banking system.
  • treliac
    treliac Posts: 4,524 Forumite
    It's more complicated than that
    Those 'in charge' are responsible. All the others have just fed off the opportunities and encouragement they were given to be greedy / have something for nothing. Goes to prove that humans need saving from themselves.
  • stevetodd
    stevetodd Posts: 1,016 Forumite
    ad44downey wrote: »
    Slimy Estate Agents are a shocking omission. Surely they deserve a mention?

    Ditto DODGY (not all) mortgage brokers
  • Cat695
    Cat695 Posts: 3,647 Forumite
    Politicians
    Overall in my eyes its the govement

    They have the power to stop banks lending, people buying and so on.....

    Though there are many factors to this down turn at the end of the day the power belongs to the govement
    If you find yourself in a fair fight, then you have failed to plan properly


    I've only ever been wrong once! and that was when I thought I was wrong but I was right
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    the guys who designed the structure of the investment vehicles (dodgy credit and loan products) that the banks used to sell their complex products that now cannot be price managed are the source of the problem.

    if they are to blame i do not know - i would go to the regulators but then again they can only do so much.
  • Bank Regulators
    ad44downey wrote: »
    I almost forgot. Krusty Allcrap, Phil Spender and the other assorted TV property pimps should be in the poll too. They did their utmost to pump up the market

    I think that's covered in option 8.
    In an Acapulco hotel:
    The manager has personally passed all the water served here.:rotfl:
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.7K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.