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Debate House Prices
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Warning!! House Price Inflation!!
Comments
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ok dd when exactly do you expect them to rise and by how much of a percentage?BSC #215/No.1 Jan 09 Club0
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OMG! Thanks for the tip! BUY BUY BUY BUY BUT! **runs around like a headless chicken** ... Oh hang on ...0
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Oh you HPCers, you hate the thought of houses rising. Deny it as much as you like. It will happen.
Actually, I'm bored now. I could go on and on, avoiding making any concrete predictions and just giving the same 'I saw it coming message' over and over. But I think to save time, I'll just announce that this is a parody of !!!!!!? and get it over with.
I don't know how he keeps himself going. I was bored of being !!!!!!? after just 4 posts!! :eek: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 £45,409.730 -
DD, you're still avoiding the question, when when will the HPI return. I want ot buy 10 bTL's with 100% mortgages and a start a property empire in Aldershot.0
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Dithering_Dad wrote: »You made that website up!
All the HPC people are putting their heads in the sand and thinking that prices only go down. It's going to come as a real shock when prices go up. I just hope that no one gets burned badly with their advice.
I'm happy with fuel prices going down to levels which don't put a massive strain on my budget. And food prices going down the same. I was happy when ISPs cut their bills for broadband access from £2000 per month originally, to £1000, £500, £250, £100, £29, £15, £10 and less.
Strange thought that some people prefer such a basic need, a roof over your head, to cost ever more, and become ever more unaffordable to wages, with the desire for house prices to go up and up and up in price.0 -
I'm happy with fuel prices going down to levels which don't put a massive strain on my budget. And food prices going down the same. I was happy when ISPs cut their bills for broadband access from £2000 per month originally, to £1000, £500, £250, £100, £29, £15, £10 and less.
Strange thought that some people prefer such a basic need, a roof over your head, to cost ever more, and become ever more unaffordable to wages, with the desire for house prices to go up and up and up in price.
ISP costs and development of WAN's and numerous other technology advances have allowed ISP's to drop their prices.
houses are still houses and will increase or decrease in price dependent on demand and economic factors.0 -
Price rises will take a lot of people by surprise.
Here on the front line I'm observing people looking at moving due to reducing mortgage rates.
One example in particular today is quite stark. They originally looked at a self cert mortgage with HBOS costing £2200 per month. They are going ahead now that the rates have fallen taking £700 per month off thier payments, and likely to reduce again in the comming months. It is quite concievable that thier payments will in total have reduced £1000 per month.
I think the uber bears are not fully taking account of world Government concerted inputs to relieve the pressure. As it starts to sink it the payments and taxes are going down, people will regain confidence and start buying in the high st and dare I say property to.
Landlords I know are beaming as the recent cuts have given quite a few of them some hefty interest reductions. On the ground here Im not seeing a shortage of tenants.0 -
I'm happy with fuel prices going down to levels which don't put a massive strain on my budget. And food prices going down the same. I was happy when ISPs cut their bills for broadband access from £2000 per month originally, to £1000, £500, £250, £100, £29, £15, £10 and less.
Strange thought that some people prefer such a basic need, a roof over your head, to cost ever more, and become ever more unaffordable to wages, with the desire for house prices to go up and up and up in price.
Who said anyone desired house prices to go up or down?
I'm simply reporting the fact that house prices will go up. I'm putting a stick in the sand and will be telling everyone that I 'told them so'.
You can deny it as much as you like Dopester, but I'm saying now that with my huge experience in these matters that we will have a boom.
In other news, night will follow day. Exclusive!!! You heard it here first!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 £45,409.730 -
DD, you're still avoiding the question, when when will the HPI return. I want ot buy 10 bTL's with 100% mortgages and a start a property empire in Aldershot.
No solid predictions here, just generalities.
House prices will fall then rise then fall.
Inflation will fall then rise then fall.
Interest rates will fall then rise then fall.
You cannot deny my predictions, for I am a guru.
My name is !!!!!!?, goodnight (follows good day)!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 £45,409.730
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