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Debate House Prices
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MSE news 'House price crash is over'
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Comments
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Do you like my new signature brit?"The problem with quotes on the internet is that you never know whether they are genuine or not" -
Albert Einstein0 -
Do you like my new signature brit?100% guaranteed
I love it as it means nothing. 100% guaranteed :rolleyes:
What do you pay out if you are wrong, the difference?
come to think of it why do you need to put in your sig, you see what happens.
what ever you write wont change the market.0 -
I love it as it means nothing. 100% guaranteed :rolleyes:
What do you pay out if you are wrong, the difference?
come to think of it why do you need to put in your sig, you see what happens.
what ever you write wont change the market.
Humiliation willbe the price I pay IF I am wrong."The problem with quotes on the internet is that you never know whether they are genuine or not" -
Albert Einstein0 -
Are you saying that this time next year average price will be higher?"The problem with quotes on the internet is that you never know whether they are genuine or not" -
Albert Einstein0 -
These low interest rates are just delaying the problem, I wonder if someone wants it delayed to after the next election. House prices will return to normal values, the number of cash buyers are running out no matter now much the vested interest groups talk the market up.
i didn't realise that these low rates were reflected in mortgage rates.
i've not seen any outstandingly low mortgage rates out there??
did you not realise that the Bank of England base rate has very little to do with the mortgage rate at the moment??
your cash buyer theory is completely blown out of the water when you look at property transactions vs mortgage approvals - if there were cash buyers were flooding the market there would be a bigger difference between the two - see below
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i didn't realise that these low rates were reflected in mortgage rates.
i've not seen any outstandingly low mortgage rates out there??
did you not realise that the Bank of England base rate has very little to do with the mortgage rate at the moment??
It will be interesting to see what happens to mortgage rates once the base rate starts to move up again.0 -
£40k in London is below average full time earnings is it not?
The office of National Statistics publish the earnings (my understanding is this is based on PAYE from employers).
in 2008 the national mean was in the region of £26,000 with London being some £10,000 above that.
If someone can provide the link it would be helpful, I've searched but can't find it.
It was quite an eye opener actually. It certainly surprised me.0
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