The house price crash is over! Not my words..

penguine

Joeskeppi wrote: »

You seemed quite fond of lovemoney not so long ago

http://forums.moneysavingexpert.com/showthread.html?t=1596929

Got a lot of time on your hands, have you?

chucky

penguine wrote: »

Yes, I do have an agenda. I want house prices to fall further because I don't want to have to be over-mortgaged in order to buy a house. I'd like my 6-year-old to have a garden to play in when the weather's nice like today, but I also want to be able to carry on working part-time, because I'd like to spend time with her while she's growing up rather than sending her to after-school care 5 days a week. I think 1.5 salaries per family should be sufficient to buy a reasonably sized home in one of the less expensive parts of outer London

ok - to be fair to you, you are balanced in most of your links and they are interesting.

i understand your frustrations about your family and buying a home and evertything else that comes with it but my comment about agenda is directed to the fact to whatever you post doesn't affect anything at all. the agenda comment wasn't intended to offend but obviously it has.

penguine wrote: »

But that doesn't negate the fact that the lovemoney article we're discussing in this thread is poorly reasoned, based on the writer's gut feelings rather than any hard facts.

i don't disagree with your comments about the article but you can't turnaround and then knock lovemoney.com when you post links from it yourself.

ollyshaw

The house price crash is over! Not my words..

The words of top gear magazine, Ah-Ha!

macaque_2

Really2 wrote: »

http://www.lovemoney.com/news/the-property-ladder/the-house-price-crash-is-over-3513.aspx?source=1000020

Sorry I had to.
"Harvey Jones celebrated when the property market crashed. But now, he's been forced to accept that a recovery is around the corner"
Somthing to argue over:)

If you look on the same page (first comment) Chasbmw strangled this little theme at birth:

If this the end then this will have been the quickest house price crash ever and funnily enough Cluttons put out a press release today saying that vendors should sell their houses now, before the second half of the crash begins as the rising tide of unemployment hits house prices.

Nicely put chasbmw.

purch

If you look on the same page (first comment) Chasbmw strangled this little theme at birth:

Spoilsport !!!!!!!!!!!!!!!!! :rolleyes:

System

penguine wrote: »

Got a lot of time on your hands, have you?

No, but it doesn't take long to type "penguine" and "lovemoney" into the search boxes.

Really2

macaque wrote: »

If you look on the same page (first comment) Chasbmw strangled this little theme at birth:

Nicely put chasbmw.

Great, love his work, who does he work for?

Jonbvn

Ray Boulger is saying that house prices are up 4.2% in real terms over the last 3 months.

http://www.telegraph.co.uk/finance/personalfinance/comment/5421094/House-prices-are-up-4.2pc-in-real-terms-over-the-past-three-months.html

He quotes the NW figures:
Price changes over:

The last year - 11.3pc
The last 6 months - 2pc
The first 5 months of 2009 + 0.7pc
The last 3 months + 4.2pc
The last month + 1.4pc

wolfman

Hmm yeah I'm still unsure too.

When it's such low amounts (compared with how it used to be) selling, then the average can be affected more easily.

While companies keep posting losses, and jobs keep going, I can't see it recovering much. At least I hope so. Housing is still overpriced here (which is bad for the majority).

penguine

chucky wrote: »

ok - to be fair to you, you are balanced in most of your links and they are interesting.

i understand your frustrations about your family and buying a home and evertything else that comes with it but my comment about agenda is directed to the fact to whatever you post doesn't affect anything at all. the agenda comment wasn't intended to offend but obviously it has.

i don't disagree with your comments about the article but you can't turnaround and then knock lovemoney.com when you post links from it yourself.

Perhaps you didn't mean to offend, but a three-word sniping post accompanied by a row of rolling smilies isn't exactly respectful debate.

And actually, I can knock lovemoney if I feel like it, regardless of whether I post links to it or not. This is a web forum, not a court of law.