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Debate House Prices


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House sales jump 40% in March

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Comments

  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    nembot wrote: »
    I can't provide any current factual information on why this is not the end of the price drops, but I can suggest you go read the "What the media said last time" from the 1989/95 crash on the FAQ's from www.housepricecrash.co.uk as this is a cyclical event, I'm sure historically it'll pan out along similar timelines. Sustainablility is the key, anyone who thinks the market has reached a point of where it can truly sustain itself now is absolutely kidding themselves.

    You may find very similar stories to the link posted on the first page with the same old chestnut "it's over now" month after month, year after year, while prices just kept dropping.

    Must remember to bump this thread in a year, only then will we know whether I'm talking total rubbish ;)

    Just noticed, no need to bump, it's sticky yay!

    what you'll also find is that www.housepricecrash.co.uk selectively posts headlines to suit their big "masterplan".

    good advert for the site that contains the most nutters though
  • zappahey
    zappahey Posts: 2,254 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    EVERYONE knows houses had to get moving again - we can't build more land can we? People need to move. They need homes. They need to upsize, downsize, move areas. People die, people lose their homes....and those homes get sold.

    Apropos of not very much, I agree that there will always be an element of the population who need to move, through job change/loss, change of family circumstance, etc.

    What I do wonder is what proportion of the market that was in the past compared to those who just fancy a change/something bigger/ different part of town and so on.

    Is that proportion big enough to support house prices? I suspect not but then that's purely based on guesswork.


    VI Declaration: I STR following a job move overseas. :)
    What goes around - comes around
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    edited 24 April 2009 at 9:31AM
    Experts predicted that house sales would rise in the Spring of 2009, and they've actually done better than they predicted.

    Interestingly, there was a Poll on here some time back asking people when they thought house sales would rise again, and except for the odd muppets who predicted 3015:rotfl:etc....most people did say Spring 2009.

    See, we're not all potty!

    EVERYONE knows houses had to get moving again - we can't build more land can we? People need to move. They need homes. They need to upsize, downsize, move areas. People die, people lose their homes....and those homes get sold. People come into money (I have), they win money, inherit money, retire.......or simply take out a mortgage becasue it's CHEAPER than renting!!

    It's a no-brainer really!

    I'm glad property is selling again, and that property prices have stabilised. It will wipe the lopsided grins off the faces of those vultures who were hoping to pick up a palace for peanuts at other people's expense!

    I'm in the very fortunate position of building my own home (although I already own my own home anyway) but I certainly wouldn't get off on someone else's bad misfortune or bad luck.

    I believe in karma - and what goes around comes around. Vultures always get what's coming to them - and it ain't pretty!

    :rotfl:, I've just read some of your past posts, I shouldn't mock the afflicted, but sometimes I can't help myself, now, the real question is, whose sockie are you ? By the way, do you really see youself as a ginger minger ?, if so, perhaps some therapy would help, after reading the above post, I would highly recommend it.:D
  • System
    System Posts: 178,432 Community Admin
    10,000 Posts Photogenic Name Dropper
    Dan: wrote: »
    This is the problem.

    If your username '1981' refers to the year you were born, then im afraid you will have to start at the bottom end of the market, like I, and many others did, and this may well mean a naff terrace - or a semi if your very lucky.

    Definitely, I was born in 81 and I bought a 2 bed flat, it's called a ladder for a reason.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Joeskeppi wrote: »
    Definitely, I was born in 81 and I bought a 2 bed flat, it's called a ladder for a reason.

    1981...so 28?

    Well withing normal ''not young'' childbearing age. In fact isn't there some thing about the decline in the quality of women's 'eggs' starting ..albeit gradually, at 24? It seems at 28, i wouldn't be so unreasonable not to look down on a cuple with 2 children and hope they could afford a modest 2/3 bedroom home.
  • System
    System Posts: 178,432 Community Admin
    10,000 Posts Photogenic Name Dropper
    God, no kids yet thanks! I was 26 when I bought it, fianc!e is 3.5 years younger than me.

    Had the poo not hit the fan I probably would be looking to move up a rung but I intend to stay put for a while and play it safe, the flat is a biggun. Got a wedding to save up for anyway.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    what you'll also find is that www.housepricecrash.co.uk selectively posts headlines to suit their big "masterplan".

    good advert for the site that contains the most nutters though

    Some serious bonzo types on there :eek:
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Joeskeppi wrote: »
    God, no kids yet thanks!.


    heehee,what I was saying is, it isn't beyond the wildest possibilties some one of your age could, and would not be morally reprehensible for, having started a family. :)
  • System
    System Posts: 178,432 Community Admin
    10,000 Posts Photogenic Name Dropper
    I think it would be slightly irresponsible to start a family if you have no where to put it ;) Accidents happen of course, but as far as I'm aware housing is provided if it's needed in that situation?
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Joeskeppi wrote: »
    I think it would be slightly irresponsible to start a family if you have no where to put it ;) Accidents happen of course, but as far as I'm aware housing is provided if it's needed in that situation?


    Financially yes, I agree without hesitation or reservation, but biologically, ideologically? :) I think we are in a pickle. :)
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