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Debate House Prices
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BBC: Homes 'May rise in value in 2009'
Comments
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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.0 -
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 Einstein0 -
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, 1955.0 -
Harry_Powell wrote: »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....0 -
Harry_Powell wrote: »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?0 -
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 Einstein0 -
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 Einstein0 -
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Harry_Powell wrote: »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!!!)...0
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