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Debate House Prices


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

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Comments

  • p00hsticks
    p00hsticks Posts: 14,628 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Just goes to prove the statement that there are 'lies, damn lies and statistics'.

    As others have pointed out, the actual figure quoted is that around two thirds want prices to stay flat or fall. The BBC Property-Watch survey last week produced a similar figure, and showed that around a third wanted prices to rise, a third to stay the same and a third to fall.

    so you could just as accurately say that 'around two-thirds want prices to stay flat or rise'
  • Pobby
    Pobby Posts: 5,438 Forumite
    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

    Refreshing. A sensible, decent post. Thank you.
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