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Debate House Prices


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Warning!! House Price Inflation!!

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Comments

  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    temba wrote: »
    :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl:

    I love this site. It makes me laugh so much. Thank you Dithering Dad for providing such an entertaining debate.:D

    I know what you mean!
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • dgl1001
    dgl1001 Posts: 183 Forumite
    DD- your right. House prices will quicky start to rise and all of the bears are going to miss out. While confidence has been knocked, people are watching and waiting. Vistitor numbers to new developments are still at the same level as a year ago plus the housebuilding industry are only going to provide about 120k this year and 100k new homes the next. The populattion is still rising though. People should be mindful that these are not "normal" market conditions as there is very little finance about. As soon as house prices/ banking sector starts to stabalise, so better mortgage deals will return. Lloyds arent taking over HBOS for fun; they want the lions share of the mortgage market
  • mizzbiz
    mizzbiz Posts: 1,434 Forumite
    Nobody has said they won't go back up!
    What a ridiculous idea to think that we think they will continue to fall.

    The last time they fell, they did rise again. After 12 YEARS!
    I'll take my chances, DD, and let you snap up all the new luxury apartment bargains.
    I'll have some cheese please, bob.
  • Really2 wrote: »
    But dotcom was a speculative bubble where as only a minority have purchased houses for profit.

    :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl:
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    setmefree2 wrote: »
    I am for now - but in the long run I'm not. I worry about the planet.

    sadplanet041_syf0.jpg

    I wouldn't worry too much, we are at peak oil now, only the the global recession has bought the price down, expect it to go through the roof again when the world economy picks up.
  • adr0ck
    adr0ck Posts: 2,374 Forumite
    Part of the Furniture Combo Breaker
    dgl1001 wrote: »
    DD- your right. House prices will quicky start to rise and all of the bears are going to miss out. While confidence has been knocked, people are watching and waiting. Vistitor numbers to new developments are still at the same level as a year ago plus the housebuilding industry are only going to provide about 120k this year and 100k new homes the next. The populattion is still rising though. People should be mindful that these are not "normal" market conditions as there is very little finance about. As soon as house prices/ banking sector starts to stabalise, so better mortgage deals will return. Lloyds arent taking over HBOS for fun; they want the lions share of the mortgage market

    those figures are well out

    60,000 this year

    about 40,000 next (probably a lot less)
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