The benefit of long-term house-price growth

vivatifosi

Thanks Gen, I'll ask about that first point next meeting.

In terms of the second one, this government does like a good tinker, so I wouldn't put anything past them, however I think that they'll have the trustees out on the street revolting if they do that - it would sound the final death knell on final salary schemes and I'm sure we'd be baying for blood if their gold-plated scheme goes unaffected. Not that we're a particularly militant lot - but hey - sooner or later something has to give!

hearts

I think we will find in 9 years time prices will be higher than they were in 2008. At the end of the day in Britain Bricks and Mortar have always been seen as a solid place to stick your money. This hasn't changed. Prices may be falling but even on here there are many posts from people waiting to pounce. Once the banks get over their shock and money becomes more available than it is now, pirces will rise again. It is inevitable.
The last few years saw false increases due to every man and his dog buying a house for their pension or whatever. Property prices will drop back but will then go back to pre hysteria anual % rises of between 6 and 8%.

Only my guess of course ;-)

StevieJ

Generali wrote: »

http://property.timesonline.co.uk/tol/life_and_style/property/buying_and_selling/article5667597.ece



My belief is that the UK will see her first 10 year period where house prices fall rather than rise before too long.

It is different this time, a new paradigm Where have I heard that before?

Sorry gen.

mower5

hearts wrote: »

I think we will find in 9 years time prices will be higher than they were in 2008. At the end of the day in Britain Bricks and Mortar have always been seen as a solid place to stick your money. This hasn't changed. Prices may be falling but even on here there are many posts from people waiting to pounce. Once the banks get over their shock and money becomes more available than it is now, pirces will rise again. It is inevitable.

I find it hard to believe anyone thinks you can have a one way bet. Unless you work in the city and have insider knowledge to manipulate markets.
Where will the money come from to support the revival of massive hpi? genuine question

mower5

hearts wrote: »

I think we will find in 9 years time prices will be higher than they were in 2008. At the end of the day in Britain Bricks and Mortar have always been seen as a solid place to stick your money. This hasn't changed. Prices may be falling but even on here there are many posts from people waiting to pounce. Once the banks get over their shock and money becomes more available than it is now, pirces will rise again. It is inevitable.
The last few years saw false increases due to every man and his dog buying a house for their pension or whatever. Property prices will drop back but will then go back to pre hysteria anual % rises of between 6 and 8%.

Only my guess of course ;-)

I understood long term increase to be between 2-3%?

StevieJ

vivatifosi wrote: »

Thanks Gen, I'll ask about that first point next meeting.

In terms of the second one, this government does like a good tinker, so I wouldn't put anything past them, however I think that they'll have the trustees out on the street revolting if they do that - it would sound the final death knell on final salary schemes and I'm sure we'd be baying for blood if their gold-plated scheme goes unaffected. Not that we're a particularly militant lot - but hey - sooner or later something has to give!

They took a huge chunk in 97 and nobody bothered :eek:

mower5

StevieJ wrote: »

They took a huge chunk in 97 and nobody bothered :eek:

This time round the baby boomers will get hit hard and they are not like previous generations, writing outraged letters to the Times is not how boomers think, they are used to getting their own way.

StevieJ

mower5 wrote: »

This time round the baby boomers will get hit hard and they not like previous generations, writing outraged letters to the Times is not how boomers think, they are used to getting their own way.

You do not like the Boomers do you? What are your Mum and Dad like

vivatifosi

StevieJ wrote: »

They took a huge chunk in 97 and nobody bothered :eek:

Oh, believe me, I remember that one well! That's why if they take another chunk you'll see me out on the street with my placards. It was the 97 injustice that made me want to be a trustee in the first place. People are way too blind to the ways in which they've been stiffed so far by this bunch.

mower5

StevieJ wrote: »

You do not like the Boomers do you? What are your Mum and Dad like

Nice people my folks I am not having a go at individuals but at the overall effects the generation is having.
I am interested in baby boomers, my thinking is that, 17 million are going to retire in the next few years (if they can afford too as Generali suggests). The boomers in the old saying are the "pig in the Python". That number of people all in their late middle age VOTE in huge numbers, therefore the politicians are going to try and keep on their side. I am simply trying to kick a few ideas around.