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Debate House Prices


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Latest House Prices Statistical Release

135678

Comments

  • ad44downey
    ad44downey Posts: 2,246 Forumite
    Graham_Devon wrote: »
    The key thing about this report isn't that house prices have fallen, but it's the acceleration.

    That's basically any hope of bottoming out, wiped out.
    Very true. It's really tremendous news for those hardworking families hoping to buy their own home. And bad news for BTL spivs who had hoped to make a fast buck at others' expense
    Krusty & Phil Madoff, 1990 - 2007:
    "Buy now because house prices only ever go UP, UP, UP."
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    ad44downey wrote: »
    It's really tremendous news for those hardworking families hoping to buy their own home.
    Not so bad news for lazy fat b'stards with a wodge of cash either.
  • Cannon_Fodder
    Cannon_Fodder Posts: 3,980 Forumite
    And also some threads last year that said there would be no or little price crash at all...
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    ad44downey wrote: »
    Very true. It's really tremendous news for those hardworking families hoping to buy their own home. And bad news for BTL spivs who had hoped to make a fast buck at others' expense

    It's also bad news for those hardworking families that happen to buy thier house in 2007
  • carolt
    carolt Posts: 8,531 Forumite
    Should have taken advice on here then.

    Tragic really.
  • ad44downey
    ad44downey Posts: 2,246 Forumite
    ukcarper wrote: »
    It's also bad news for those hardworking families that happen to buy thier house in 2007
    They should have been reading this forum then and then they would have known what was coming. A good advert for MSE
    Krusty & Phil Madoff, 1990 - 2007:
    "Buy now because house prices only ever go UP, UP, UP."
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    ad44downey wrote: »
    They should have been reading this forum then and then they would have known what was coming. A good advert for MSE
    To be fair even the finest minds in Britain (I'm thinking Brown and Darling here) couldn't see it coming. Reading MSE or not.
  • bluey890
    bluey890 Posts: 1,020 Forumite
    mewbie wrote: »
    To be fair even the finest minds in Britain (I'm thinking Brown and Darling here) couldn't see it coming. Reading MSE or not.

    Twas in their interest, to stick their heads i the sand.
    The boom kept NuLabour in power.
    Favourite hobbies: Watersports. Relaxing in Coffee Shop. Investing in stocks.
    Personality type: Compassionate Male Armadillo. Sockies: None.
  • bendix
    bendix Posts: 5,499 Forumite
    mitchaa wrote: »
    Wishful thinking Graham.

    According to halifax, house prices have increased so far in 2009:p

    Facts speak for themselves aswell, 19% in 18mths (halifax) is an average rate of just over 1% per month.

    quote]

    You are like the emperor who still believes he is wearing a fine new suit. I suspect that you bought at the top of the market and no matter what evidence you see around, you cling to your own belief, like a Victorian archbishop believing in creationism.

    Halifax do NOT say prices have increased in 2009. They say they rose in January, and then fell substantially more in February. A £100,000 house which rose 1.9% in January and fell 2.3% in February is now worth £99,556.

    http://www.thisismoney.co.uk/mortgages/house-prices/article.html?in_article_id=480143&in_page_id=57

    I'm still intrigued what makes your house and road so special as to be magically bucking a worldwide slump in house prices.
  • bluey890
    bluey890 Posts: 1,020 Forumite
    ad44downey wrote: »
    Very true. It's really tremendous news for those hardworking families hoping to buy their own home. And bad news for BTL spivs who had hoped to make a fast buck at others' expense

    The BTL spivs are being bailed out along with the average home owners.
    Need to properly tax the BTL spivs.
    Favourite hobbies: Watersports. Relaxing in Coffee Shop. Investing in stocks.
    Personality type: Compassionate Male Armadillo. Sockies: None.
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