Debate House Prices


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MSE news: Nationwide reports largest house price rise for over two years

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Comments

  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chrishoar wrote: »
    You cant have a price increase on such tiny volumes, its bottlenecked to fall

    Dopester told us that we would only see big falls on tiny volumes i.e. they would be mostly forced sales. icon7.gif what happened:confused: BTW they are getting less tiny by the month.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • chrishoar
    chrishoar Posts: 39 Forumite
    You have to remember we are currently in a period of huge quantative easing, this will have to stop soon. People maybe buying some property now, and maybe they are people who have no mortgage, or who believe we are at the bottom, who knows. I would be interested to see how many of these buyers are first time buyers, not many. Even with the quantative easing the financial institutions have created a massive buffer with loan to value percentage, ask yourself why
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    chrishoar wrote: »
    You have to remember we are currently in a period of huge quantative easing, this will have to stop soon. People maybe buying some property now, and maybe they are people who have no mortgage, or who believe we are at the bottom, who knows. I would be interested to see how many of these buyers are first time buyers, not many. Even with the quantative easing the financial institutions have created a massive buffer with loan to value percentage, ask yourself why

    What did you do before joining here? Just wondering why you have looked up every reason for crashing prices but never been on a house price forum.:confused:
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chrishoar wrote: »
    You have to remember we are currently in a period of huge quantative easing, this will have to stop soon. People maybe buying some property now, and maybe they are people who have no mortgage, or who believe we are at the bottom, who knows. I would be interested to see how many of these buyers are first time buyers, not many. Even with the quantative easing the financial institutions have created a massive buffer with loan to value percentage, ask yourself why

    You sound desparate mate :eek:
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    abaxas wrote: »
    Hang on a second here. What exactly are we 'recovering' to?

    It's a bit like offering being raped to rape victims, in order to help their 'recovery'.

    Sick if you ask me.


    For some about to re-mortgage etc,it'll be relief to obtain a decent rate for the future,based on LTV.
    Looking to buy,i'm sure opportunities will arise in the coming months.
    Swings and roundabouts,always has been always will be.
    Official MR B fan club,dont go............................
  • chrishoar
    chrishoar Posts: 39 Forumite
    Really2 wrote: »
    What did you do before joining here? Just wondering why you have looked up every reason for crashing prices but never been on a house price forum.:confused:

    I must admit I should be working rather than being here, I just find it
    fascinating reading peoples take on the current situation but not looking at the broad picture, maybe I’m just altruistic J. No, I’m not desperate, but I would suggest a comment like that would show you possibly are?
  • Harry_Powell
    Harry_Powell Posts: 2,089 Forumite
    abaxas wrote: »
    Hang on a second here. What exactly are we 'recovering' to?

    It's a bit like offering being raped to rape victims, in order to help their 'recovery'.

    Sick if you ask me.

    No, your equating a rise in house prices to rape is sick. Sort yourself out mate.
    "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.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chrishoar wrote: »
    I must admit I should be working rather than being here, I just find it
    fascinating reading peoples take on the current situation but not looking at the broad picture, maybe I’m just altruistic J. No, I’m not desperate, but I would suggest a comment like that would show you possibly are?

    OK, if you say so icon7.gif
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • abaxas
    abaxas Posts: 4,141 Forumite
    edited 27 August 2009 at 3:51PM
    No, your equating a rise in house prices to rape is sick. Sort yourself out mate.

    So you beleive that social breakdown and state insolvency is a good option?

    Remembering we've been there before.

    My point is that you cant recovery to a known bad situation. That would be stupid (or in the case of this forum, not)
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    abaxas wrote: »
    Hang on a second here. What exactly are we 'recovering' to?

    It's a bit like offering being raped to rape victims, in order to help their 'recovery'.

    That's very wrong old sport. A horrible thing to say.
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