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Debate House Prices
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First it was dead cat bounce
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It's a dead bull trap bounce.0
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shakerbaby wrote: »Incorrect. The best outcome for everyone would be if house prices crashed. Cheaper for FTBers and people moving up the ladder.
Yes, then you can test out the goverment savings compensation scheme also.0 -
If we could all spend just 20% of take home pay of one person to put a roof over our heads, just think how much GDP would be produced when we went out and spent our money on going places, buying things etc... instead of sitting in with the lights out.0
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PasturesNew wrote: »If we could all spend just 20% of take home pay of one person to put a roof over our heads, just think how much GDP would be produced when we went out and spent our money on going places, buying things etc... instead of sitting in with the lights out.
True, the only people high prices help is the bankers, if you see 'em driving around in an Aston, feel warm that the colossal interest you pay over the lifetime of your mortgage helped him/her to buy it.0 -
Dr_DiNg_DoNg wrote: »First it was dead cat bounce
Then it was a [STRIKE]bear[/STRIKE] bull trap
Next its was low volumes distorting the markets.
As we end the 2009 housing market up year on year, when will the doomsters realise they were all wrong?
I am not one to gloat , however..........
UP! UP! UP!
My guess is they will pontificate for the next 6 years or so until the next trough and then say "we told you so"
Enjoy your council houses and rented flats.
Once again the boat has been well and truly missed by the renting classes :T
If you and people like you died tomorrow the world would be a better place.0 -
PasturesNew wrote: »If we could all spend just 20% of take home pay of one person to put a roof over our heads, just think how much GDP would be produced when we went out and spent our money on going places, buying things etc... instead of sitting in with the lights out.
Precisely why house prices crashing benefits us all. :T And they try to label the bears as doom-mongers. :rolleyes:0 -
House prices should have never got to point where they did. Don`t have to look around this site very much to see the kind of situation that some are in due to buying expensive houses.
For me, if they went back to say 1999 prices, I would be able to move up the market to that nice bungalow for about an extra 10 grand.
I am just seeing a 21 year old nephew and partner moving in to a £195k slave box in the South East.0 -
Maybe Merv will continue printing 300 billion quid or so every year for ever and ever, and we'll all live happily ever after....0
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