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Debate House Prices


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Wake up...... IT'S OVER

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Comments

  • davidb881
    davidb881 Posts: 37 Forumite
    logie28 wrote: »

    To my knowledge 100% of the "working" population are working!!!

    ;)

    LOL. Is it pick on me night. You know exactly what I meant...
  • davidb881
    davidb881 Posts: 37 Forumite
    Rollerball wrote: »
    You don't go by the name of 'lakelady' also , do you? You bloomin' estate agents think of all sorts of ruses to talk the market up. :rotfl:

    As I have said to others. I can not prove I am not an EA. So you win.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    fc123 wrote: »
    Mate...on this board you have to back up stuff with Facts. Links, a bit of 'evidence'. It's no good just posting something anecdotal (unless you say it is ) and them expecting folks to just go along with it.


    So? Why don't you back up your original post?

    Oh FC, what ya' talkin' about? ...I find a few tearjerking, intense adecdotals and a few smilies highly successful here, and then there are those posters who are cliche merchants-say the same ones over and over again -knowing they'll convince everyone eventually :), the ones who type in large red, capitalised font.....I really am cnvinced by them....

    ;):D:D:D:D

    ....
  • fc123
    fc123 Posts: 6,573 Forumite
    davidb881 wrote: »
    OK, point taken. I was venting my frustrations without much fact. However, the thread has been useful for me as I now understand that my experiences are probably isolated.
    Hi...this board can sometimes be a bit 'Cleverer than thou', Holier than thou'' and, unfortunately, ''More rascist than thou'' too BUT it's a great place to tap into all sorts of knowledge from all different places.

    What it isn't is a competition (us wimmin see to that when the blokeys get going) so, don't apologise and say ''You win''.....check back and come back with more........or hang out with us girls and talk houses, handbags and hubbies ;) ....we hijack threads sometimes.
  • pickles110564
    pickles110564 Posts: 2,374 Forumite
    15 out of 71 properties STC in Needham Market. Just over 25% on Markert are STC, I surpose that is quite good if they all complete.
    Maybe the EA is correct.
  • davidb881
    davidb881 Posts: 37 Forumite
    15 out of 71 properties STC in Needham Market. Just over 25% on Markert are STC, I surpose that is quite good if they all complete.
    Maybe the EA is correct.

    I have been looking at the market there for three months now and the STC have been disappearing.

    On another point. This bull trap phenomenon people say we are in. Surely if approx 25% of value has been wiped of the market already, the trap point is far to low; it appears that this point normally occurs in the top quarter of the loss?
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    mewbie wrote: »
    You don't think anyone will have learnt anything about excessive borrowing from the last two years, and the coming two years?

    No, I don't suppose they will. But if, at a guess of course, interest rates hit 8/9% in two years, and taxation increases then maybe even those who have learnt nothing will have little option available.

    no i don't think everyone will appreciate what has happened - many will not realise it.
    i for one did not really notice the previous recession, looking back i probably did but it just bypassed me.

    8% or 9% interest rates to me are really the top they could go to. it's would be political suicide for any future givernment to increase them any higher than this.

    they'll just find other stealth taxes to tax people with - a minimum price per unit of alcohol for example ;)
  • socrates
    socrates Posts: 2,889 Forumite
    davidb881 wrote: »
    Thank you, a sensible post at last. Thats what I am hoping/thinking.

    David I warned you right at the beginning but you had to give me some smart mouth answer!

    Look at #2 and #5!
  • SingleSue
    SingleSue Posts: 11,718 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Yes Sue if you mean clipper homes on Cavy park they have been around since the late 80's.


    Ahh we didn't get a clipper home...we got a proper one bedroom house!

    Not much better mind :rotfl:

    Edit - We were on Orwell Green
    We made it! All three boys have graduated, it's been hard work but it shows there is a possibility of a chance of normal (ish) life after a diagnosis (or two) of ASD. It's not been the easiest route but I am so glad I ignored everything and everyone and did my own therapies with them.
    Eldests' EDS diagnosis 4.5.10, mine 13.1.11 eekk - now having fun and games as a wheelchair user.
  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    davidb881 wrote: »
    On another point. This bull trap phenomenon people say we are in. Surely if approx 25% of value has been wiped of the market already, the trap point is far to low; it appears that this point normally occurs in the top quarter of the loss?


    Bull trap?
    How are we in a bull trap?
    Prices aren't rising.
    Bears go on and on about a bull trap to ease their fears as soon as they see one bit of data about house prices rising but I've yet to see conclusive proof that a bull trap will even occur. The housing market is so illiquid I personally don't think we'll see one...... and no I'm not going to count a one month rise of house prices on one index as a bulltrap.

    Bull$hlt maybe, but not a bulltrap.
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