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!

BBC: Homes 'May rise in value in 2009'

13468911

Comments

  • Hair_Bear
    Hair_Bear Posts: 49 Forumite
    Valerius wrote: »
    Absolutely spot on. When I joined the HPC forum back in Feb-09, I was saying then that it was the best window of opportunity to buy ie a combined good deals from mortgage companies and good priced properties.

    Now there is a double whammy of rising mortgages costs and house prices.
    Welcome back D-Dad. We've missed you. :T:T:T
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    We love you rewired.

    whoever you are.
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • Harry_Powell
    Harry_Powell Posts: 2,089 Forumite
    Hair_Bear wrote: »
    Welcome back D-Dad. We've missed you. :T :T :T

    Um, I think that Dithering Dad left before you joined, so how can you have missed him?

    Oh, hold on, no doubt you're one of these "Hi, I am a long time lurker on this board and despite the many wide, varied and contentious subjects discussed here I've resisted posting for 2 years, but the mere mention of <insert minor discussion item here> insensed me enough to post. Once I had posted, I became addicted and now live on the forum and make a thousand posts a month" types aren't you?
    "I can hear you whisperin', children, so I know you're down there. I can feel myself gettin' awful mad. I'm out of patience, children. I'm coming to find you now." - Harry Powell, Night of the Hunter, 1955.
  • mramra
    mramra Posts: 618 Forumite
    Part of the Furniture 500 Posts
    Um, I think that Dithering Dad left before you joined, so how can you have missed him?

    Oh, hold on, no doubt you're one of these "Hi, I am a long time lurker on this board and despite the many wide, varied and contentious subjects discussed here I've resisted posting for 2 years, but the mere mention of <insert minor discussion item here> insensed me enough to post. Once I had posted, I became addicted and now live on the forum and make a thousand posts a month" types aren't you?

    Hello Dithering Dad er I mean Harry Powell er I mean DD2 er I mean....
  • Hair_Bear
    Hair_Bear Posts: 49 Forumite
    Um, I think that Dithering Dad left before you joined, so how can you have missed him?

    Oh, hold on, no doubt you're one of these "Hi, I am a long time lurker on this board and despite the many wide, varied and contentious subjects discussed here I've resisted posting for 2 years, but the mere mention of <insert minor discussion item here> insensed me enough to post. Once I had posted, I became addicted and now live on the forum and make a thousand posts a month" types aren't you?
    Please don't be nasty D-Dad. I was just wishing you a welcome return to the forum. I think we've all missed your incisive and forthright opinions. Long may you continue. :T
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    We love you rewired.

    Whoever you are.
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    nearlynew wrote: »
    We love you rewired.

    Whoever you are.

    He/She could at least make a post - or is he/she too scared?
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    Dan: wrote: »
    He/She could at least make a post - or is he/she too scared?

    I don't care either way. I love rewired.


    He/she is good for my "thanks count"

    (I'm very insecure you see and need constant approval)
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    nearlynew wrote: »
    I don't care either way. I love rewired.


    He/she is good for my "thanks count"

    (I'm very insecure you see and need constant approval)

    you should be especially owning [STRIKE]4 houses[/STRIKE] oooops [STRIKE]3 houses[/STRIKE] no i sold one it's 2 houses now ;)
  • b0rker
    b0rker Posts: 479 Forumite
    I remember when I first joined here that Dithering Dad was encouraging people to buy because the market was bottoming out and the mortgage market was offering bargains (I believe that at the time of his writing, A&L were offering a 5 year fixed rate at 3.99, zero fee). I think he was basically saying that people would save more from low mortgage rates then they would with the continued (much slower) price drops. Looking back, it seems that he was absolutely right and I for one wish I had listened to him.

    Bang on. As I have said recently there are a hardcore group of serial renters on here who will talk themselves out of buying in any market at the fear of loosing a few grand post-purchase despite the fact it may save them way more over the life of the specific mortgage deal.

    Prices haven't dropped significantly since that A&L 5 year fixed rate at 3.99, zero fee was on offer yet interest rates on long term fixes have.

    Anyone with a decent deposit would have been a fool not to take advantage of that at the time. Then again I shouldn't question these great financial wizards as they are the same people who predicted the 20% falls in the first place (cough!!!)...
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
  • 351.4K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.4K Work, Benefits & Business
  • 599.7K Mortgages, Homes & Bills
  • 177.2K Life & Family
  • 258K 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.