We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Halifax down 0.5% MoM, 15% YoY

11012141516

Comments

  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Really2 wrote: »
    But if you believe the above why do you think further falls of 30-50%?

    Not picking on you but your post is bullish in the outlook for housing, thus house prices.

    I don't.

    I believed in those falls from peak. Not from 20% down.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    But we live in the UK. And people DO buy houses in the main.

    without just stripping out a sentence out of your post and highlighting it - but your statement is only correct in the last 25 years and applies to this or the last generation. previous to the number of home owners was very small.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    without just stripping out a sentence out of your post and highlighting it - but your statement is only correct in the last 25 years and applies to this or the last generation. previous to the number of home owners was very small.

    I don't quite believe that.

    If you have the figures to prove it though it would be good.

    Last 25 years takes us back to 1984. I don't think buying houses has become "main stream" since then, or that the number of home owners was very small.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    I don't quite believe that.

    If you have the figures to prove it though it would be good.

    Last 25 years takes us back to 1984. I don't think buying houses has become "main stream" since then, or that the number of home owners was very small.

    i actually thought that it was much lower in the 1980s i actually meant 1970s where it was 50%, it was at about 58% in the early 80s - it's above 70% now.

    it looks like the mid-1950s was when home buying really started.

    1163066882.gif
    http://news.bbc.co.uk/nol/shared/spl/hi/guides/456900/456991/img/1163066882.gif
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    edited 10 July 2009 at 2:59PM
    I don't quite believe that.

    If you have the figures to prove it though it would be good.

    Last 25 years takes us back to 1984. I don't think buying houses has become "main stream" since then, or that the number of home owners was very small.

    That fits in nicely with Maggie selling off the council houses icon7.gif
    '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
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    StevieJ wrote: »
    That fits in nicely with Maggie selling off the council houses icon7.gif

    I think you will find labor have sold more:)

    They never stopped it and actively encouraged councils to sell housing stock to HA's.
    That money as never been re-invested.
    I think labors policy on social housing as been worse than any government, it as been virtually all sold but no stock replenished.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    i actually thought that it was much lower in the 1980s i actually meant 1970s where it was 50%, it was at about 58% in the early 80s - it's above 70% now.

    it looks like the mid-1950s was when home buying really started.

    1163066882.gif
    http://news.bbc.co.uk/nol/shared/spl/hi/guides/456900/456991/img/1163066882.gif

    I'm confused.

    Are you stating 50% is a "very small number", but 70% is high and that I'm wrong in stating what I did basing my stuf on the UK and reality?

    If you had said 60 years ago, house buying wasn't mainstream, I may have agreed.

    Large difference between 25 years and 60 years though :p

    Would be interested to see the rental line past 2004. Wonder if it's gone up quite a bit?
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    I'm confused.

    not for the first time
    Are you stating 50% is a "very small number", but 70% is high and that I'm wrong in stating what I did basing my stuf on the UK and reality?

    If you had said 60 years ago, house buying wasn't mainstream, I may have agreed.

    Large difference between 25 years and 60 years though

    that's exactly what i said in my post - if anything home ownership is increasing
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    not for the first time



    that's exactly what i said in my post - if anything home ownership is increasing


    Right, the reason I'm confused is you regard 58% as a very small number, but 70% as high?

    Not gonna argue with you, just don't get that :)
  • bluey890
    bluey890 Posts: 1,020 Forumite
    edited 10 July 2009 at 6:54PM
    carolt wrote: »
    What's a p1key?

    I note the site blanks it out when I try and write it properly, so I must assume you're being rude.

    Rude, on top of being deceitful.

    Still, I expect no more from landlords, or would-be-landlords.

    A p1key is someone who travels around with no fixed abode.

    If you dislike landlords so much, why give them your money?
    Favourite hobbies: Watersports. Relaxing in Coffee Shop. Investing in stocks.
    Personality type: Compassionate Male Armadillo. Sockies: None.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.6K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.