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Debate House Prices


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Ok, do you want house prices to go up or down ?

ad9898_3
ad9898_3 Posts: 3,858 Forumite
in Debate House Prices & the Economy
No in between, no politician like answers, I want to know who to put on my ignore list... <just kiddin>

Do you want house prices to go up or down ? 141 votes

I would like them to go up
15%
EdInvestordougk_2leet_firstnichart20hethmarSleepy_2vet8beccybobeccyPhireflymirrorimage0pickles110564slipthruDithering_Dadadecorsuperstylinmel19632Feefee_4Lucylocket01Sailor_Samsabretoothtigger 22 votes
I would like them to go down
84%
VickyA_2tr3morbluemeaniejayokwolfmanroadrashiltismanmanhattangremlinMidasbefore_hollywooddervishWigSwipemeanmachine_2King_Of_FoolsJohnInDebtmartinbuckleyfurndireLiGhTfasT 119 votes
«13456789

Comments

  • Cannon_Fodder
    Cannon_Fodder Posts: 3,980 Forumite
    I would like them to go down
    Down, please.
  • zzzLazyDaisy
    zzzLazyDaisy Posts: 12,497 Forumite
    Part of the Furniture Combo Breaker
    I'd like them to go right down, so my son can get on the housing ladder....

    ... then I'd like them to go right back up as I'm planning on retiring in a few years time, moving into a small rented apartment and living off the proceeds :-)
    I'm a retired employment solicitor. Hopefully some of my comments might be useful, but they are only my opinion and not intended as legal advice.
  • angrypirate
    angrypirate Posts: 1,151 Forumite
    I would like them to go down
    Imagine a UK where the average house costs 75k, the average mortgage duration is 10yrs, the average salary multiplier is 2.5 and the average stamp duty / inheritance tax bill is 0. Is there any negatives to such a situation? I certainly wouldnt complain. Would you?
  • angrypirate
    angrypirate Posts: 1,151 Forumite
    I would like them to go down
    In fact, come to think if it, people wouldnt need to use their house as a retirement fund cos they would have so many years of working without having to pay a mortgage and would be able to save a pension instead
  • stevetodd
    stevetodd Posts: 1,016 Forumite
    I would like them to go down
    Although I own a few propeties I am happy to see them fall to provide me with a buying window to get some more, HPI will eventually return, I am in no hurry
  • Dithering_Dad
    Dithering_Dad Posts: 4,554 Forumite
    Mortgage-free Glee!
    I would like them to go up
    I voted for them to go up because I'm a Contrarian. ;)
    Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
    [strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!! :)
    ● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
    ● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
    Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.73
  • angrypirate
    angrypirate Posts: 1,151 Forumite
    I would like them to go down
    angrypirate wrote: »
    Imagine a UK where the average house costs 75k, the average mortgage duration is 10yrs, the average salary multiplier is 2.5 and the average stamp duty / inheritance tax bill is 0. Is there any negatives to such a situation? I certainly wouldnt complain. Would you?
    Can the bulls out there please shoot me down and argue otherwise?
  • Realy
    Realy Posts: 1,017 Forumite
    I would like them to go down
    angrypirate wrote: »
    Imagine a UK where the average house costs 75k, the average mortgage duration is 10yrs, the average salary multiplier is 2.5 and the average stamp duty / inheritance tax bill is 0. Is there any negatives to such a situation? I certainly wouldnt complain. Would you?

    But in reality we are an over populated island with people earning money at different levels based on their skills.
    You can dream on such things but high population brings high compertition.
    If you moved somewere which as lots of land and a low population you may fulfill your dream.
    Just not in this country. Sorry.

    Fall for the moment.:)
  • skap7309
    skap7309 Posts: 874 Forumite
    I would like them to go down
    Down please. FTB here, the further they fall the better without wishing misery on anyone unfortunate enough to suffer from it.
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    I would like them to go down
    Dithering_Dad wrote: »
    I voted for them to go up because I'm a Contrarian. ;)

    I had to thank you there always has to be one hey..... :rotfl:
This discussion has been closed.
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