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Debate House Prices


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Is the housing market about to turn?

1246

Comments

  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    mewbie wrote: »
    arn't...lol

    that's me done for tonight.

    signing out!
  • sjaypink
    sjaypink Posts: 6,740 Forumite
    Dan: wrote: »
    it was a poor attempt at humour.
    good of you to admit :D;)
    We cannot change anything unless we accept it. Condemnation does not liberate, it oppresses. Carl Jung

  • house123
    house123 Posts: 113 Forumite
    Thanks for ruining the post. I really hoped I might just get an insight in to what was going on out there.
  • brit1234
    brit1234 Posts: 5,385 Forumite
    Who here reckons prices will rise and who reckons fall.

    I am well and tuely in the fall camp and have not seen one reason why they will rise.
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    brit1234 wrote: »
    Who here reckons prices will rise and who reckons fall.

    I am well and tuely in the fall camp and have not seen one reason why they will rise.

    I think they will rise and fall in an up and down pattern over the next hundred years. However, the long term average trend will be a general, steady rise.

    I have no camp.
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    house123 wrote: »
    Thanks for ruining the post. I really hoped I might just get an insight in to what was going on out there.
    Sorry house - we were enjoying ourselves. Your opening post pretty much covered everything, apart from your question which was blip or not? Well that is what we argue about daily without ever reaching 100% conclusion. Some say blip, some say no.

    Now at least your thread remained fairly civil and fun instead of turning into an endless round and round argument about the direction of house prices.

    Answer is? We don't really know.
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    brit1234 wrote: »
    Who here reckons prices will rise and who reckons fall.

    I am well and tuely in the fall camp and have not seen one reason why they will rise.

    I can't understand why they have been rising since February :confused:
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    house123 wrote: »
    Thanks for ruining the post. I really hoped I might just get an insight in to what was going on out there.

    You think this was ruining a post?

    You have a lot to learn yet young grasshopper, a lot to learn!
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Dan: wrote: »
    I can't understand why they have been rising since February :confused:

    Because fools part easily with money?

    Or is that money parts easily with fools? Or from fools? Or nothing like that at all? Looks quite good either way really.

    I'm confusing myself, but I know what I mean, which is all that matters!
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Because fools part easily with money?

    Or is that money parts easily with fools? Or from fools? Or nothing like that at all?

    I have a really simple theory, but I have no idea if it's right.

    Lots of people, in general, want to own a house to live in. Most people aren't obsessed with the exact price of a house, they just want one they can pretty much afford. Houses have gone down in price a bit over the past few years, now they are going up again, so quite a few people have gone out and bought one over the past couple of months on the basis that they're a bit cheaper now than they have been for a while.

    That's my theory.
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