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Debate House Prices


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Number Of People Buying Homes Jumps 29%

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Comments

  • the_ash_and_the_oak
    the_ash_and_the_oak Posts: 1,636 Forumite
    StevieJ wrote: »
    But there is a shortage :confused:

    Made some succint points prev btw. not really feeling this one tho tbh. Lot of places to live in uk imo - never had any probs finding anywhere myself before
    Prefer girls to money
  • the_ash_and_the_oak
    the_ash_and_the_oak Posts: 1,636 Forumite
    Joeskeppi wrote: »
    Interesting to see they always rise as sharply as they fall, and that they've just started to rise.

    Dunno if itll start right now or not but wont be that surprised if approvals rise once prices drop a bit.
    Prefer girls to money
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    Number Of People Buying Homes Jumps 29%
    This is good news. And as they continue to drop perhaps even more people will (finally) be able to buy a home.

    High prices benefit no one. Apart from those at the very top of the chain who wish to sell up and <spit> BTL gamblers. Everyone knows this now.

    Another couple of years of drops and we might see a housing market where people can afford a place of their own without taking out reckless and silly loans. I am sure everyone on here would want to see that.

    Bye bye speculators.
  • neil324
    neil324 Posts: 460 Forumite
    Joeskeppi wrote: »
    Interesting to see they always rise as sharply as they fall, and that they've just started to rise.

    Always? Care to prove it?
  • geoffky
    geoffky Posts: 6,835 Forumite
    can someone tell me where the money is going to come from because 70% of the players in 2007 in the mortgage market dont play anymore and that money has gone,,not coming back...
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    edited 14 May 2009 at 6:19PM
    geoffky wrote: »
    can someone tell me where the money is going to come from because 70% of the players in 2007 in the mortgage market dont play anymore and that money has gone,,not coming back...


    The government is it printing Geoff, of course there is a double whammy to come, firstly the government will stop printing it at some point, and then unfortunately, we and the next three generations will have to pay for it.:rolleyes:
  • mr.broderick
    mr.broderick Posts: 3,778 Forumite
    1,000 Posts Combo Breaker
    geoffky wrote: »
    can someone tell me where the money is going to come from because 70% of the players in 2007 in the mortgage market dont play anymore and that money has gone,,not coming back...

    Keep with the programme geoff.
    You not had any posted to you yet?
  • mr.broderick
    mr.broderick Posts: 3,778 Forumite
    1,000 Posts Combo Breaker
    ad9898 wrote: »
    The government is printing Geoff, of course there is a double whammy to come, firstly the government will stop printing it at some point, and then unfortunately, we and the next three generations will have to pay for it.:rolleyes:

    Beat me to it lol
  • System
    System Posts: 178,377 Community Admin
    10,000 Posts Photogenic Name Dropper
    neil324 wrote: »
    Always? Care to prove it?

    Er, I was obviously just basing it on the graph.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Plasticman
    Plasticman Posts: 2,549 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    chucky wrote: »
    The number of mortgages taken out by people buying a home jumped by 29% during March, the Council of Mortgage Lenders has said.

    Can somebody remind me, what is 29% of f*ck all?
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