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Debate House Prices


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RICS Say it's close to bottoming

123578

Comments

  • inspector_monkfish
    inspector_monkfish Posts: 9,276 Forumite
    StevieJ wrote: »
    Celebrate that if you like. Sounds well peeved ;)

    Reads like, written by someone from HPC.co.uk icon7.gif I wonder.

    what just happened?
    Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
    (MSE Andrea says ok!)
  • Entertainer
    Entertainer Posts: 617 Forumite
    Davesnave wrote: »
    You should read the thread 'To those selling in these difficult times' on the other channel. Plenty of people from 'Oop north' on there & some at their wits' end without viewings for weeks.

    But it isn't everyone, by any means. I just think that your opening sentence, covering a huge area, is a wild generalisation.

    Or did you mean to add 'around me?';)

    It was Northern Ireland.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    inspector_monkfish wrote: »
    what just happened?

    Earlier post referencing the Lex column.
    '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
  • inspector_monkfish
    inspector_monkfish Posts: 9,276 Forumite
    StevieJ wrote: »
    Earlier post referencing the Lex column.

    ok
    i scrolled back, but i couldn't find it

    i didn't think you had to subscribe to FT anymore anyway

    do you mean this story?
    http://www.ft.com/cms/s/2/c4dce4a4-54cd-11de-b953-00144feabdc0.html
    Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
    (MSE Andrea says ok!)
  • Lindy_Loo_3
    Lindy_Loo_3 Posts: 120 Forumite
    That makes me feel a bit better about putting off buying till after the summer.
  • inspector_monkfish
    inspector_monkfish Posts: 9,276 Forumite
    StevieJ wrote: »
    Earlier post referencing the Lex column.


    i wonder what 2 year futures for the halifax house price index were showing 2 years ago ??? :confused:
    Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
    (MSE Andrea says ok!)
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    inspector_monkfish wrote: »
    ok
    i scrolled back, but i couldn't find it

    i didn't think you had to subscribe to FT anymore anyway

    do you mean this story?
    http://www.ft.com/cms/s/2/c4dce4a4-54cd-11de-b953-00144feabdc0.html

    even if house prices drop in the area you're buying in you're then going to be paying more on a mortgage - it's a a bit of a catch 22.
    But the extraordinary jump in two year swap rates - up 50 basis points in the last week - is pushing up bank financing costs

    just imagine your area goes up in price and you have to pay more on a mortgage too - ouch
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    chucky wrote: »
    even if house prices drop in the area you're buying in you're then going to be paying more on a mortgage - it's a a bit of a catch 22.



    just imagine your area goes up in price and you have to pay more on a mortgage too - ouch

    There are so many things wrong with this statement.

    Mathematical things.

    All ignored in sweeping generalisations.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    ruggedtoast wrote: »
    There are so many things wrong with this statement.

    Mathematical things.

    All ignored in sweeping generalisations.

    maybe - it's good to see that you've been very capable of pointing out those generalisations :rolleyes:
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    inspector_monkfish wrote: »
    i wonder what 2 year futures for the halifax house price index were showing 2 years ago ??? :confused:

    I don't know but last autumn, I remember a particularly raucous bear thread that was celebrating some forecasts.

    Never miss an excuse for linking to an old thread, over to you Carol :T

    http://forums.moneysavingexpert.com/showthread.html?t=1221673&highlight=halifax+futures
    '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
This discussion has been closed.
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