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Debate House Prices


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Uberbear Challenge

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Comments

  • dopester
    dopester Posts: 4,890 Forumite
    MrDT wrote: »
    Where's dopester? If anyone can win this challenge surely he's the man!

    Too much negative overload.. feeling brain-numb today.

    However you might want to mix a little of this in to your forecasts for house prices. I think price levels are out of the solar system, in a fantasy dimension, when compared to the reality of what is playing through in the real world for money, credit and debt levels.
    Government admits taking advice on cutting public sector pensions

    The Treasury has admitted taking legal advice about "defaulting on public sector pensions", while a leading pensions expert predicts that private-sector companies will be "bankrupted by their pension deficits" this year.
    http://www.telegraph.co.uk/finance/personalfinance/pensions/4839331/Government-admits-taking-advice-on-cutting-public-sector-pensions.html
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    MrDT wrote: »
    PPS - chewmylegoff, this challenge was uniquely funded by your taxes


    that's ok, as my salary and therefore taxes were paid for out of your taxes. so you've paid your own money to waste my time and fund the bureaucratic waste in the middle.
  • Masomnia
    Masomnia Posts: 19,506 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I noticed you haven't disqualified me yet :D
    “I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    dopester wrote: »
    Too much negative overload.. feeling brain-numb today.

    However you might want to mix a little of this in to your forecasts for house prices. I think price levels are out of the solar system, in a fantasy dimension, when compared to the reality of what is playing through in the real world for money, credit and debt levels.

    http://www.telegraph.co.uk/finance/personalfinance/pensions/4839331/Government-admits-taking-advice-on-cutting-public-sector-pensions.html


    To claim prices are a fantasy seems misplaced, unless you are filtering your 'evidence'.

    Have you factored in the majority of variable rate mortgage holders are enjoying considerably lower payments? So while some parts of the economic hive are suffering, others are prospering. This will mean for example parents are more able to assist thier offspring as they can remortgage at very low rates (2.99% fixed for example, where they were used to paying double this), to provide a gifted deposit.

    Unemployment is rising but still 1m less than in non crash 1997.
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    official unemployment may be 1 million lower, but the number of people claiming benefits whilst not working ain't.
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