We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
MSE news: Nationwide reports largest house price rise for over two years
Comments
-
Here's a couple of rehashed points, sorry if they are repeats, I really can't be bothered to trawl through this thread.
This may affect the affordability index.
And not all areas are the same.
Oh, and don't read too much into one months figures.
tbf I nicked all that guff off the bulls.0 -
Why on earth would there be a glut of buy to let houses coming onto the market when yields and occupancy rates are fine? The one way to crystallise a capital loss is to take it, you don't do that by selling when you don't need to, and especially not if prices look like stabilising, which frankly they are by every measure.
This is all straight out of the book of the cult of house price crash really. It's like arguing with Jehovah's witnesses sometimes, you state a contrary position, one of them reels off the standard response in one breathless paragraph as if it's the only possible thing to believe, and they stand on your doorstep agreeing with each other.
A good analogy with HPC.co.uk
'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 Thatcher0 -
0
-
Job losses, 1 in 6 households with someone working, benefit payouts outstripping income tax, probable down revision of GDP tomorrow and that's just off the top of my head.
The house price rise today by Nationwide has been a good news story (for some I might add), but I explained in my earlier post and gave reasons, I don't think it's in anyway sustainable.
What about
Britain has emerged from the worst recession since the Second World War, new Bank of England figures suggested yesterday (see Commentary, facing page).
The world’s housing markets are showing signs of recovery, according to the latest survey of world-wide house price indices prepared by the Global Property Guide.
U.S. stocks rose as gauges of consumer confidence and home prices beat economists’ forecasts, bolstering optimism the worst contraction since the Great Depression is ending. Treasuries fell before a record-tying auction of two-year notes
BTW when you say 1 in 6 households how does this compare to say two years ago? does it include retired people? Or should it have said 1 in 6 with someone not working?'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 Thatcher0 -
What about
Britain has emerged from the worst recession since the Second World War, new Bank of England figures suggested yesterday (see Commentary, facing page).
The world’s housing markets are showing signs of recovery, according to the latest survey of world-wide house price indices prepared by the Global Property Guide.
U.S. stocks rose as gauges of consumer confidence and home prices beat economists’ forecasts, bolstering optimism the worst contraction since the Great Depression is ending. Treasuries fell before a record-tying auction of two-year notes
They'd hardly say 'yes, it's f3cked' would they!0 -
hahaha, this rise has certainly got some of you lot reaching for the tissue box
Just imagine what would have happened if the nationwide index went up 3% lol0 -
Blimey, 14 pages?
I'm assuming that it's full of Hamish, chucky and Really2 going "yay, brilliant...", whilst geoffky, Brit and others reply with "well, it can't last, the fundementals aren't there. Bank of Mum and Dad won't be there for ever..." etc. etc. with mewbie offering an ocassional, well-timed bearish pun?
If someone could just confirm or deny the above I'll know whether to get reading or not. Thanks in advance.0 -
Pretty much got it. Although I haven't read it either. Just read my bits and thank me. Last couple of pages only.Blimey, 14 pages?
I'm assuming that it's full of Hamish, chucky and Really2 going "yay, brilliant...", whilst geoffky, Brit and others reply with "well, it can't last, the fundementals aren't there. Bank of Mum and Dad won't be there for ever..." etc. etc. with mewbie offering an ocassional, well-timed bearish pun?
If someone could just confirm or deny the above I'll know whether to get reading or not. Thanks in advance.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.3K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards