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Debate House Prices
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End of an era
Comments
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I think the general public are actually confused
They think (due to the press comment and !!!!!!:D ) they should be really struggling but for most of them they are actually much better off :beer:, lower food, petrol, mortgages and (according to the bears) lower rents. I think we should start selling hair shirts so the general public can do some pennance for being better off.
You are correct, most people are better off, the problem is fear, people think they are better off but for how long ??, it looks like we are teetering on the edge of going into a depression. With the huge debt hangover that a lot of people are suffering from and the serious recession we are currently in, there is little appetite to go out and spend. If you have spare money, it's a better idea to save or pay off your existing debts.0 -
You are correct, most people are better off, the problem is fear, people think they are better off but for how long ??, it looks like we are teetering on the edge of going into a depression. With the huge debt hangover that a lot of people are suffering from and the serious recession we are currently in, there is little appetite to go out and spend. If you have spare money, it's a better idea to save or pay off your existing debts.
The question is where did the fear come from, it is certainly not Joe Publics complex analysis of the world economy. I think we will start with Daily Wail
'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 Thatcher0 -
Summed up nicely !!!!!!, "The Bears" won the MSE WarGot to agree - we are going ever deeper into a stinker of a recession or possibly a depression so there doesn't seem to be an awful lot to debate (I don't count personal slanging matches as debating) other than how bad it will be.
However, there will always be some info to be shared or debate to be had. There seems to be an increasing awareness amongst the general public of just how bad things are so hopefully people can come here for insight.
.. I wish in some ways we had been proved wrong.. But Thank God I resisted the temptation to buy a House a year or so ago & "Missed the Boat" of ever increasing House Prices .. 0 -
I have also notice that there seem to be quite a few relatively new 'troll-like' posters here who just seem to post a sentence or so of meaningless drivel in order to incite people.
Out of work embittered estate agents, probably.'Never keep up with Joneses. Drag them down to your level. It's cheaper.' Quentin Crisp0
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