First it was dead cat bounce

nearlynew

wolvoman wrote: »

And how do you propose keeping prices low enough to enable that?

An end to cheap and easy credit is a start.

dfh

Simple-do not charge extortionate amounts.A two bed flat in london for 250000.What on earth is that?

dfh

wolvoman wrote: »

I presume you're talking about the south-east for a 1-bed flat to cost £100k?

In which case you'll find that avg twentysomething wages should be enough to save £25k over 2 or 3 years. Quicker if it's a couple.

Of course there's also bank of mum and dad in many cases.

By the time people have paid their extortionate rents,council tax,overinflated gas and electricity bills,student loans,car loans plus tax and NI I doubt they would have enough left over to save about 10 grand a year as you are suggesting.

nearlynew

I would pay £3,000 for a big house, £2,000 for a middle-size house, and £1,000 for a bungalow.

Well said young lady.

This, and other pearls of wisdom, can be found here...........

http://news.bbc.co.uk/1/hi/business/8159985.stm

ruggedtoast

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

I think this post pretty much encapsulates everything that is worst about this forum, and some of the complete idiots who populate it.

dfh

wolvoman wrote: »

I presume you're talking about the south-east for a 1-bed flat to cost £100k?

In which case you'll find that avg twentysomething wages should be enough to save £25k over 2 or 3 years. Quicker if it's a couple.

Of course there's also bank of mum and dad in many cases.

And how did Mum and Dad build up their bank balance? By not paying ridiculous amounts for a house !

dfh

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

There is nothing wrong with renting.When you die,you will be buried in the same soil as someone who owns a house.Homeowners do not take their houses with them when they die.

Dan:_4

dfh wrote: »

There is nothing wrong with renting.When you die,you will be buried in the same soil as someone who owns a house.Homeowners do not take their houses with them when they die.

But at least you will have something to leave your kids.

dfh

Dan: wrote: »

But at least you will have something to leave your kids.

Not after the govt has had it's way with inheritence tax and every other kind of tax.Besides you should encourage your kids to be independent and self sufficient- and- not sit -at- home -praying- the- old- man -croaks -so -we- get- his -house -and- get -easy- money -while -sitting -on -our -fat-arxxx !

Dan:_4

dfh wrote: »

Not after the govt has had it's way with inheritence tax and every other kind of tax.Besides you should encourage your kids to be independent and self sufficient- and- not sit -at- home -praying- the- old- man -croaks -so -we- get- his -house -and- get -easy- money -while -sitting -on -our -fat-arxxx !

I haven't got any kids. However I have parents who are homeowners and will finish their mortgage in 2 or 3 years. I am self sufficient with a good job, wife and my own home - so to suggest im waiting for my old man to croak it so I can get my hands on his house is a little far fetched from reality.

Maybe if you, re-trained and got yourself a decent job, you will have the money be put down as a depoist for a house - otherwise, happy renting my friend.