We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
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!
Flaming Bears
Comments
-
It would be lovely if the first part (re bulls) were true. Unfortunately, there appear to be too many bulls (or whatever you want to call them) on here who seem to derive greatest happiness from the earnest wish that bears on here never own property - I've lost count of the number of 'losers!' type attacks I've received and read on here. People who, sadly, only believe themselves rich if they can feel that someone else is poorer; who gloat endlessly (pickledpink was a good example) about the huge detached house/s they own, which the bears on here would 'never be able to afford'. Their joy in owning these things appears to be tied directly to others' lack of them.
Personally, speaking as someone (I think) classified as a bear, all that means to me is that I think houses are still overvalued relative to incomes and will have further to fall. I don't want anyone to be worse off as a result, although obviously, if prices fall, as I believe they will, this will impact negatively on those who bought at the peak - it's inevitable.
As a result of my views, I'm holding off buying for now - I fail to see how that makes me 'despicable'. It either makes me 'canny', if you think I'm right in my predictions, or 'foolish' if I'm wrong. No more, no less. I don't want a recession, unemployment or anything else; I just believe that house prices are still overvalued and will correct, possibly with some of those side effects, unfortunately. My belief this will happen doesn't mean that I either think it's great! or that I am personally responsible for these effects.
It's just how things are, and I see no advantage to be gained by hiding one's head in the sand.
You hit the proverbial nail on the head, or to be more precise 'bull in the knackers' there. :beer:0 -
It would be lovely if the first part (re bulls) were true. Unfortunately, there appear to be too many bulls (or whatever you want to call them) on here who seem to derive greatest happiness from the earnest wish that bears on here never own property - I've lost count of the number of 'losers!' type attacks I've received and read on here. People who, sadly, only believe themselves rich if they can feel that someone else is poorer; who gloat endlessly (pickledpink was a good example) about the huge detached house/s they own, which the bears on here would 'never be able to afford'. Their joy in owning these things appears to be tied directly to others' lack of them.
Personally, speaking as someone (I think) classified as a bear, all that means to me is that I think houses are still overvalued relative to incomes and will have further to fall. I don't want anyone to be worse off as a result, although obviously, if prices fall, as I believe they will, this will impact negatively on those who bought at the peak - it's inevitable.
As a result of my views, I'm holding off buying for now - I fail to see how that makes me 'despicable'. It either makes me 'canny', if you think I'm right in my predictions, or 'foolish' if I'm wrong. No more, no less. I don't want a recession, unemployment or anything else; I just believe that house prices are still overvalued and will correct, possibly with some of those side effects, unfortunately. My belief this will happen doesn't mean that I either think it's great! or that I am personally responsible for these effects.
It's just how things are, and I see no advantage to be gained by hiding one's head in the sand.
It’s hard to argue with what you say. But for every big spuds bull on here, there is some bitter bear revelling in the demise of especially BTL'ers and property celebrities in general.
I think there is far too much emphasis put on the housing market, it is not the whole economy and it is possible to have a flat housing market yet a growing economy. The media however seems to have fused the two entirely, as have they with easy credit and a growing economy as well. People are worrying far too much about it. I think the property market is stagnant for a very long time and depending on the region could fall miles further, however I think by next year the economy could be on the up.0 -
I can agree with you there, in the longer term I think there are solutions to these problems. While earths resources are limited, the universes are near infinite.
I think you have been watching a little too much Star Trek.
If history tells us anything, it's that resource crunches lead to war, not warp technology.Favourite hobbies: Watersports. Relaxing in Coffee Shop. Investing in stocks.
Personality type: Compassionate Male Armadillo. Sockies: None.0 -
I think you have been watching a little too much Star Trek.
If history tells us anything, it's that resource crunches lead to war, not warp technology.
Well thats ok becaue war is the mother of invention.
Many huge technological advances are made in times of war.
It's just the fighting bit that's the pain in the @ss.0 -
JonnyBravo wrote: »Well thats ok becaue war is the mother of invention.
Many huge technological advances are made in times of war.
It's just the fighting bit that's the pain in the @ss.
I agree. Although not many inventions seem to have came from the most recent wars (Iraq and Afganistan).
Anyone know why this is? (or maybe I just missed them)Favourite hobbies: Watersports. Relaxing in Coffee Shop. Investing in stocks.
Personality type: Compassionate Male Armadillo. Sockies: None.0 -
PasturesOld wrote: »Come on close this rubbish off. Sorry you can't afford to buy but that is just tough i'm afraid.0
-
PasturesOld wrote: »Come on close this rubbish off. Sorry you can't afford to buy but that is just tough i'm afraid.
I never thought I would ever say this...................
You are an idiot Pastures."The problem with quotes on the internet is that you never know whether they are genuine or not" -
Albert Einstein0 -
I think you have been watching a little too much Star Trek.
If history tells us anything, it's that resource crunches lead to war, not warp technology.
Very funny, Bluey. History tells us war is inevitable, regardless of whether we have warp technology or the sledge. And who said warp technology is necessary?
Look into space for a shorter distance than we've already travelled, you will find trillions of tons of asteroid chock full of resources. In another direction is the sun, which is chock full of both energy, and with technology that is only a decade away, solar wind we can use to explore the rest of the sollar system.
If we required warp technology to do this, we might well be dead. In reality, we can do this with the current level of technology.“The ideas of debtor and creditor as to what constitutes a good time never coincide.”
― P.G. Wodehouse, Love Among the Chickens0 -
JonnyBravo wrote: »Well thats ok becaue war is the mother of invention.
Many huge technological advances are made in times of war.
It's just the fighting bit that's the pain in the @ss.
I think marginal costs are the mother of invention, if we are now past peak oil, the future cost per barrel should rise (permanently), at some point this will increase past the cost of alternative energy sources this is when the step change will come.'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
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards