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

nollag2006

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.

That is really twisted and offensive

You should be ashamed of trying to make a point by ridiculing victims of such a heinous crime

abaxas

nollag2006 wrote: »

That is really twisted and offensive

You should be ashamed of trying to make a point by ridiculing victims of such a heinous crime

It is sick, sort yourself out for not reading my post and going into 'Daily Mail' mode.

Spiv_2

Turnbull2000 wrote: »

People losing their jobs is a consequense of the economic bubble and HPI. Not bust without the preceeding boom. You've got your argument entirely backwards.

Really? So you'd rather we had mass unemployment and no economic activity so that the few who have a job can buy them nice and cheaply?

Spiv_2

inspector_monkfish wrote: »

not all, but i dare say a good many reposessions will be as a result of people being lent far far more than they ever should have a few years ago, and now beginning to find it extremely difficult with repayments, as decent mortgage rates are unavailable, and the threat of unemployment hanging over them (if not already made unemployed)

and i dare say a fair few people have lost their jobs who were never over extended in the first place, people's businesses are struggling when they carried very little debt on their balance sheets and people will get no bonuses this year despite having worked as hard as ever....

Bloo_Loo

StevieJ wrote: »

Dopester told us that we would only see big falls on tiny volumes i.e. they would be mostly forced sales. what happened BTW they are getting less tiny by the month.

banks are buying their own possessions with shell companies.. another scam to defraud shareholders and increase bonuses.

Spiv_2

chrishoar wrote: »

Ok, let look at the population argument, I think it goes something like this:
We have an increasing population and not enough desirable homes to house them therefore house prices must stay high.
If that were true and the only variables involved then I would agree, unfortunately its a great deal more complicated than that. Price inflation due to supply and demand can only take effect when there is money available to fund that inflation, if people can't get the money then they simply cant buy therefore the presure is downward on price. .

• There is a housing shortage in the UK
• Only 40% of householders have a mortgage
• Ergo it really makes no difference if some people can't get a mortgage 'cos there are enough people with money chasing the scarce houses and that makes the prices go up

abaxas

Spiv wrote: »

• There is a housing shortage in the UK

LOL!

What you mean is there is a shortage of houses people can afford. The concept of there being an actual shortage just makes you look a fool. Do some research before you post.

Generali

abaxas wrote: »

It is sick, sort yourself out for not reading my post and going into 'Daily Mail' mode.

You used a horrible and ill judged metaphor. It's indefensible.

Delete the post (and perhaps say sorry). Don't defend it, it makes you look like you meant it rather than it being something typed in the moment.

Spiv_2

chrishoar wrote: »

Thirdly, contrary to popular belief there is no shortage of property in this country, there maybe a shortage of desirable properties in certain areas of this country but if you believe it covers the entire nation then you have fallen for a very big con trick,.

Here is a picture of some of Britains unoccupied housing



Would you really want to live here?

Harry_Powell

abaxas wrote: »

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)

No, I believe that comparing a reduction in the price of a building with rape is sick. You should do as generali says and delete the post. An apology wouldn't go amiss either, though that might be a bit much to ask.