Two-thirds of the British public want house prices to FALL

chucky

kennyboy66 wrote: »

Wouldn't wish to be "pernickety", but the quote was "want house prices stay flat or fall."

Yours,

Pesky pedantic poster.

the 2/3rds quote is a very, very selective percentage and probably is for under 25s or something.

last years numbers for the ICM survey are here and is no where near the 64% quoted by Carol. i doubt very much it would have changed that much.

A survey commissioned by the BBC discovered that 28% are wishing for a fall in property prices, 22% are hoping for an increase, while 46% want them to remain the same.

http://www.homemove.co.uk/news/12-05-2008/britons-want-fall-in-property-prices.html

themanbearpig

That article is over a year old. The sheeple have started to realise the only people that benefit from house price rises are those that buy and sell them, and MPs.
The majority is suffers for the gains of a minority.

I

Graham_Devon

chucky wrote: »

the 2/3rds quote is a very, very selective percentage and probably is for under 25s or something.

last years numbers for the ICM survey are here and is no where near the 64% quoted by Carol. i doubt very much it would have changed that much.


http://www.homemove.co.uk/news/12-05-2008/britons-want-fall-in-property-prices.html

That could have been selective too. 44% want them to stay the same? Sounds like people who are already on the ladder and don't want to lose out (not that I can blame them, I am one).

So can do the same with your statistics.

Cannon_Fodder

last years survey...28% plus 46% = 72% wanted them to stay the same or fall...more than in the current survey, presumably because a few think that since last year, they have fallen enough...

though as said, Carolt is being disingenuous about the 'two-thirds want prices to FALL' line...it is fall or stay the same...

Unless you take inflation into account, over the long term, in which case those wishing prices to stay flat are in reality asking for a drop in real terms...

...so the two-thirds becomes factual?


http://www.bbc.co.uk/pressoffice/pressreleases/stories/2009/05_may/11/propertywatch.shtml

30% want falls, 34% the same...

chucky

Graham_Devon wrote: »

That could have been selective too. 44% want them to stay the same? Sounds like people who are already on the ladder and don't want to lose out.

that is very true graham - house prices are cyclical as we know.

you've also been selective by ignoring the age groups because i would not imagine 64% of over 50s wanting property prices to drop.

chucky

Cannon_Fodder wrote: »

...so the two-thirds becomes factual?


http://www.bbc.co.uk/pressoffice/pressreleases/stories/2009/05_may/11/propertywatch.shtml

30% want falls, 34% the same...

it depends...

It also suggests that older people in Great Britain are far more likely to want to see higher property prices than younger people. According to the poll, 40% of 55 to 64-year olds want to see prices rise and 21% want prices to fall; while just 18% of 18-24 year olds want higher prices compared with 52% who want lower prices.

Graham_Devon

chucky wrote: »

that is very true graham - house prices are cyclical as we know.

you've also been selective by ignoring the age groups because i would not imagine 64% of over 50s wanting property prices to drop.

Yer. It just shows how utterly selfish we all are when it comes to houses.

We want to buy them as cheap as possible, but once we have bought, we don't want anyone like us before we bought having the same opportunities or lower prices. We try to sell at the highest level, everytime. We have landlords preying on people forced out of the market.

The whole house market is a selfish shambles. Life would be so much easier if we could all just live AND do other things. Instead, we spend our one life indebted up to the eyeballs just to have a roof.

JayScottGreenspan

Graham_Devon wrote: »

Yer. It just shows how utterly selfish we all are when it comes to houses.

We want to buy them as cheap as possible, but once we have bought, we don't want anyone like us before we bought having the same opportunities or lower prices. We try to sell at the highest level, everytime. We have landlords preying on people forced out of the market.

The whole house market is a selfish shambles. Life would be so much easier if we could all just live AND do other things. Instead, we spend our one life indebted up to the eyeballs just to have a roof.

Yeah, it's totally nuts that we regularly have this media-sponsored state-sponsored investment bubble in something that is actually a basic need.

Speculators fuelling an asset-bubble in food would be strung up from the nearest lamppost. But with property almost everyone fancies a go.

IMO we need legislation and regulation to ensure a stable market. Significant capital gains tax and stamp duty on anything other than primary residences, no loopholes, no switching primary residences at the drop of a hat. Get the speculators to invest in something that generates wealth, rather than bid up the price on a basic need.

More social housing to ease the burden on the rental sector and Robert is indeed one of your parents' siblings.

WhiteThierry

wolvoman wrote: »

I wonder how many of those 64% actually also want the associated economic pain that goes with house price falls.

The construction industry jobs lost, the car industry jobs lost and so on.

typical one sided post, i dont think any of us want the economic pain, but if houses had stayed affordable rather than the ludicrous boom over the past 10 years there'd be no need for us to wish for a crash, are you also going to criticise the people who wanted them to keep rising??? after all they caused a lot of people who bought houses at the inflated prices economic pain as witnessed by the latest repo figures. Any sensible person just wants to be able to afford a house at a sensible price ie, want the prices to stay at their historical inflation adjusted price, for them to get to that they have had to drop!!!!

oh and by the way, the car industry is not affected by house price drops, the reason for the car industry failing is as you may have noticed we are currently in a recession! and if house prices fell then we'd all have more disposable income to buy consumer goods such as cars. tv's etc rather than our ridiculously high mortgage payments

kennyboy66_2

Graham_Devon wrote: »

Yer. It just shows how utterly selfish we all are when it comes to houses.


The whole house market is a selfish shambles. Life would be so much easier if we could all just live AND do other things. Instead, we spend our one life indebted up to the eyeballs just to have a roof.

Wow, what wonderful insight.

Some people are selfish.

As the quote goes "deserves got nothing to do with it".