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

Realy

I would like them to go down

angrypirate wrote: »

Can the bulls out there please shoot me down and argue otherwise?

No, but Cuba are intrested to have you as their next leader.:rolleyes:

superstylin

I would like them to go up

I'd say up, but only because I have a flat to sell. The of course I'd like them to go straight back down so I can get more for my money! But that's being selfish, I would consider the wider view and maybe answer differently but I've been at work 5hrs now and my head is done in so I'm unable to think!

adr0ck

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?

imagine a UK where Santa was real

stevetodd

I would like them to go down

adr0ck wrote: »

imagine a UK where Santa was real

Santa, can I please have prices dropping by another 25% over the next 2 years, then going back up again after a year or 2 of stagnation, please?

Feefee_4

I would like them to go up

Up please as i'm about to up my house on the market & can't afford to make a loss.

Feefee

angrypirate

I would like them to go down

Realy wrote: »

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.:)

So over populated there are 1.6 million priced out 20-39yo FTBs and 2 million second homes. Huge housing shortage.

The problem is people are greedy.

Give me a sec while i dig out the link for these figures

Rossco

I would like them to go down

I voted for down athough thinking about it if house prices dropped to affordable levels people would have more disposable income and money for savings. If this happened would it not inflate the price of every other good and service we exchange money for as everyone (apart from homeowners pre 2008) would be able to afford it?

The masses aren't allowed to have money and live comfortably are they?

Ross.

lostinrates

ad9898 wrote: »

No in between, no politician like answers, I want to know who to put on my ignore list... <just kiddin>

I just can't help it...:o

I want a more stable market more than I want anything. But I don't think that's possible.

Realy

I would like them to go down

angrypirate wrote: »

So over populated there are 1.6 million priced out 20-39yo FTBs and 2 million second homes. Huge housing shortage.

The problem is people are greedy.

Give me a sec while i dig out the link for these figures

Oh please do.:rolleyes: .

Unfortunatly it is reallity! Everyone being on the same wage and houses the same price for everyone isn't.

I am 32 and purchased my first house at 25! .
Houses prices need to come down but you average shelf stacker or burger flipper will never get the average house.
Some people need to look at their lives some times to fullfill their dreams.
If home ownership is one they may need to retrain as it is not a god given right to have a 4 bed detached as a FTB home.

If you think it is good luck, but you are just going to get HPI again.
We are a capitalist country and people pay for what they want if they can't afford it they can lose it all.

I call it the real world.

Rant over.:D

hethmar

I would like them to go up

Im in the middle, but at this very moment, I guess Id like them to stabilise at a reasonable, say 30% down but over the next few years I quite need them to rise cos otherwise Im in a bit of a poo with my pension. But for the majority of people of course these ridiculously high prices are beyond their means. So I shall vote up, but just for purely selfish reasons (but I dont expect them to).