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Debate House Prices


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Will the average house price be lower or higher in August 2010?

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Comments

  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    No. As that was about a completely different poll to this one. It was a poll on the main website 3 months ago.

    What a bizzare post chucky, even for you! ;)

    and that was the point... you really are a blunt instrument aren't you... :T
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    and that was the point... you really are a blunt instrument aren't you... :T

    That was the point?

    What was the point then? And how was that it? Without the insults....
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 11 August 2009 at 8:36AM
    That was the point?

    What was the point then? And how was that it? Without the insults....

    so that you understand and breathe in when you read this... all online polls can be sabotaged by people from other sites... HPC.co.uk do it all the time... it happens either way...

    as you can see it's been done before.... i really do hope that you understand now?
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    so that you understand and breathe in when you read this... all online polls can be sabotaged by people from other sites... HPC.co.uk do it all the time... it happens either way...

    as you can see it's been done before.... i really do hope that you understand now?

    But this one wasnt.

    So your point is what?
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 11 August 2009 at 4:15PM
    But this one wasnt.

    So your point is what?

    did you not go to school or were you born this obtuse?

    here's the highlighted bit for you
    chucky wrote: »
    so that you understand and breathe in when you read this... all online polls can be sabotaged by people from other sites... HPC.co.uk do it all the time... it happens either way...

    as you can see it's been done before.... i really do hope that you understand now?

    you really are looking for an argument... again...
  • dgl1001
    dgl1001 Posts: 183 Forumite
    nearlynew wrote: »
    When you scratch away the surface of a HPI cheerleader, what you actually find is a debt junky.

    There is no other explaination. Tell me why anyone would want to see the price of their house or one they are thinking of buying double in 10 years.

    Because they think debt is wealth and the more they can borrow the wealthier they are.

    Does having a larger mortgage make you richer? No. That makes you poorer.

    Does having equity make you richer? Not if you "release it". That makes you poorer.

    But that's what they want to do. Borrow against the value of their house to fund a lifestyle they could not otherwise afford.

    So there it is. HPI cheerleaders are addicted to debt and HPI is their only hope.

    Remember : debt is not wealth.


    Im sorry you have such a distorted view of the world. HPI cheerleaders are additicted to debt?? hardly. I for one believe that house prices will increase, however, i do not beleive this to be a good thing. It will make rich people richer and poor people poorer - this will help nobody. But with such a massive shortage of housing set against an ever increasing population, house prices can only go one way - and that is up. Lets face facts, the credit crunch is the worst crisis since the great depression and was caused by bad mortgage debt - and guess what, the falls of 30% 40% or 70-% just haven't happened, in fact prices and confidence are returning and increasing. is this a good thing? not sure, but are we going to see i further crash - i doubt it.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    dgl1001 wrote: »
    Im sorry you have such a distorted view of the world. HPI cheerleaders are additicted to debt?? hardly. I for one believe that house prices will increase, however, i do not beleive this to be a good thing. It will make rich people richer and poor people poorer - this will help nobody. But with such a massive shortage of housing set against an ever increasing population, house prices can only go one way - and that is up. Lets face facts, the credit crunch is the worst crisis since the great depression and was caused by bad mortgage debt - and guess what, the falls of 30% 40% or 70-% just haven't happened, in fact prices and confidence are returning and increasing. is this a good thing? not sure, but are we going to see i further crash - i doubt it.

    Has the recession been a natural recession though? Or has massive stimulus been implemented to create a false economy only held up by the stimulus?

    In a natural economy, which will HAVE to happen sometime, would we be able to continue like we are currently? The answer is no...otherwise, why would there be stimulus to get banks lending and us buying?
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    chucky wrote: »
    did you not go to school or were you born this obtuse?
    It's another Chuckyism. Did you not go to school OR were you born this obtuse? Implying that you get taught to be obtuse at school?

    Mind you, maybe that's where you learnt your style.

    btw - I checked my kids today. Not one of them is short, fat,ugly, or thick. And none of them spend more than a few precious minutes arguing over tiny details - life is a bigger picture. Oh and they tend to have original and interesting thoughts from time to time - not always right, but hey who cares? Life is about reaching for the stars, not debating trivia with people who aren't interested.
  • dgl1001
    dgl1001 Posts: 183 Forumite
    Has the recession been a natural recession though? Or has massive stimulus been implemented to create a false economy only held up by the stimulus?

    In a natural economy, which will HAVE to happen sometime, would we be able to continue like we are currently? The answer is no...otherwise, why would there be stimulus to get banks lending and us buying?

    Im not sure the stimulus plan was enritrely for the benefit of the housing market, rather to free up the world financial system, of which the UK housing market is a very very small part. You talk of a natutal recession? governtments have always influenced free markets, think of the mortgage releif our parent benefited from and numerous other policies of various other governtments. Im not sure a natural economy will ever exist
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I simply meant an economy without stimulus which is being added to future debts.

    As far as I'm aware, things like mortgage relief was not being added to the nations debts, but I'm happy to be proven wrong, as it wasn't a time I was around in. I'm not talking policies. I'm talking actual stimulus in which WE all have to pay up for down the line.

    I wasn't just talking house prices either, which is why I never mentioned houses at all, but the general economy.
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