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What’ll happen to house prices? poll discussion

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  • wheresmydoshat
    wheresmydoshat Posts: 696 Forumite
    edited 10 April 2009 at 11:10AM
    we're sitting waiting to buy, but unfortunately until we can get a 90% mortgage we've no hope.

    having saved up for years, at the moment we'd need twice what we have saved to secure most mortgages.
    :grouphug:

    no wonder he has a smile on his face...
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    rickbonar wrote: »
    People are losing their jobs and you the government are not making it any easier for British citizens by letting foreign workers in to do jobs very cheaply. Remember the Italians....blah de blah de blah.....illegal immigrants....blah....assylum seekers....blah....seize their assets....blah....cut their goolies off....blah
    .

    Aw Rick, I used to really like you when you were in the Young Ones, but now you're just, y'know, so unfunny.

    Why can't you just admit that GB Plc has just been a bit crap over the years, instead of blaming those nasty foreigners for all our ills?
  • rickbonar wrote: »
    People are losing their jobs and you the government are not making it any easier for British citizens by letting foreign workers in to do jobs very cheaply. Remember the Italians recently brought to work in a oil refinery in Lincolnshire. Not to mention the Polish and Bulgarians that have had a negative impact on wages in Britain.

    You signed up for the European Union. As I recall, you passed the Treaty of Nice allowing Poland to join the European Union. You also passed the various treaties such as the Maastricht treaty and the Treaty of Amsterdam - so it's all your own fault.

    As for Bulgarians - this just proves that you're an uneducated idiot. Bulgarians cannot work in the UK without a work permit. These work permits are quite difficult to get, as they're based on the non-EU criteria. As far as I know, it's virtually impossible to get such a permit for unskilled work.
    I remember vividly a woman interviewed on TV who had a Cafe and was employing Polish staff gushing the virtues of how the Polish workers worked "so hard" and "you couldn't get them to sit down" and english workers were lazy and "you couldn't get them to stand up".

    Sounds about right. Brits have for a long time looked down at the jobs that Poles were doing - but now the bad times have come, they want their hands on the very same jobs. Make your minds up!
    No one pointed out to this woman ... Try setting up your Cafe in Warsaw and see how you get on there with your business!
    Try charging £1.80 a coffee there Madam!

    Actually, I pay about that for a good coffee in my city in a nice cafe.
    That's right as average wage in Bulgaria is £25 per week. Similar in Poland. Now is it any wonder they're so eager to come here?

    Not withstanding your idiotic comments about Bulgarians that can't work in the UK, the average wage in Poland at the last count was around 700 pounds a month. Slightly higher than your uneducated, idiotic comment.
    Someone will no doubt gas on about how their relative costs also are higher here ... yes slightly but when 15 people share a flat and it's bubble squeakski every night not so. Especially when you are saving the Zloty for home to retire.

    15 people share a flat? When I lived in the UK, I certainly didn't share a flat with 15 people. Actually, I shared a flat with no-one - it was mine and mine alone.

    But what's the problem with living in such arrangements? It means Polish living standards will increase, which results in a richer, happier Europe for everyone. The UK can resume its place as the services capital of Europe, where a large proportion of the world's wealth flows through and everyone is happy.

    Apart from your average BNP loving, Mail reading idiot of course.
    From Poland...with love.

    They are (they're)
    sitting on the floor.
    Their
    books are lying on the floor.
    The books are sitting just there on the floor.
  • Hmm, I thought this was a forum about house prices not Europe.

    I think they've still got a bit of a way to go, 10 - 20%.
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hmm, I thought this was a forum about house prices not Europe.

    I think they've still got a bit of a way to go, 10 - 20%.

    Keyboard warriors.

    I agree with your figure, but the question is, how long will it take?
  • Because you asked the question I'll humour you.

    I'd say around spring 2011 we'll see them bottom out. What we're seeing at the moment is just a small stop gap while those who still have a bit of spare cash trade up at the now more realistic places. Lets not forget to really understand the situation the national figures really need discecting as more desireable places like central Cambridge or the City of London shouldn't be falling in line with the national average and if they are then there is something very wrong.

    To really get the market to take off again you have to get the first time buyer back in the market. That's what give it the potential to really take off again and to get them back in you'll either have to wait for them to save up or be able to get cheaper, more accessable mortgages again.

    There must be a lot of previous first time buyers with flats bought in the last two years who have very little hope of shifting them or getting the mortgage required to trade up.

    I may not be an expert on this but I can talk the talk as well as many of those so called.
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Because you asked the question I'll humour you.

    That's awfully good of you.
    I may not be an expert on this but I can talk the talk as well as many of those so called.

    You and me both, then.
  • Davesnave wrote: »
    That's awfully good of you.

    Always a pleasure Dave.

    Well I see the national average is down today. Doesn't prove anything with regards to my prediction but certainly dampens the hopes of those expecting an increase. :o
  • teddyco
    teddyco Posts: 397 Forumite
    Part of the Furniture Combo Breaker
    General Motors, with 400,000 employees worldwide files for bankruptcy. It's not over yet....

    http://www.ft.com/cms/s/0/a34423be-3413-11de-9eea-00144feabdc0.html
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