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Debate House Prices


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Nationwide Tomorrow what do we think.

123468

Comments

  • dfh wrote: »
    There was always HPI .Never the crazy double digit ones seen with McClown.One that went on for so long.No more boom or bust indeed.

    How old are you? You must be quite young or have a bad memory

    In the late 1980's before the last crash HPI was as bad if not worse than it was before this one. 2003/4. Probably worse overall.

    http://www.lloydsbankinggroup.com/media/excel/24_07_09_RegionalHistoricalHousePriceData.xls
  • dfh
    dfh Posts: 1,073 Forumite
    Down more than 1%
    How old are you? You must be quite young or have a bad memory

    In the late 1980's before the last crash HPI was as bad if not worse than it was before this one. 2003/4. Probably worse overall.

    http://www.lloydsbankinggroup.com/media/excel/24_07_09_RegionalHistoricalHousePriceData.xls


    All horrible chashes are due to Labour.We should just abolish elections and get the Tories to rule.At least the country will not become bankrupt.
  • dfh
    dfh Posts: 1,073 Forumite
    Down more than 1%
    Gordon Brown claimed that he had abolished boom and bust.Will the lefties on here at least acknowledge that he was wrong?
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Up more than 1%
    dfh wrote: »
    Gordon Brown claimed that he had abolished boom and bust.Will the lefties on here at least acknowledge that he was wrong?

    Did anyone actually believe him?

    I've said it before, and I'll say it again: You can't abolish boom and bust, it's just mother nature.
  • dfh
    dfh Posts: 1,073 Forumite
    Down more than 1%
    Dan: wrote: »
    Did anyone actually believe him?

    I've said it before, and I'll say it again: You can't abolish boom and bust, it's just mother nature.


    Good-at least someone is brave enough to acknowledge they were wrong about boom and bust.
  • homehunter
    homehunter Posts: 173 Forumite
    Pete111 wrote: »
    Congrats mate - pleased to hear it is not all doom and gloom for FTB's! Hope you enjoy your new place (could be you have been able to buy at exactly the right time given the 1.6% increase today.)

    Cheers! :D
    We're getting there, survey/valuation coming up. I'm not so worried about whether prices fall or rise right now, the thing that niggles me more is what will happen to interest rates. We fixed for 5 years at the best deal we could find, but who knows what will happen to rates in that time? Could stay low for 'another 4 years', they could gradually start rising again, that in turn could mean lenders stick them up some more. I read that many different things that my head started to spin! That was the thing I really agonised over for a few days, then we just had to make the leap. We can afford the repayments, we could afford them in 5 years if it goes up, that's all I can do. Plus make some overpayments to get that mortgage down :D
  • dfh
    dfh Posts: 1,073 Forumite
    Down more than 1%
    hope this hpi stalls and prices remain stagnant
  • dfh
    dfh Posts: 1,073 Forumite
    Down more than 1%
    fingers crossed for that
  • nollag2006
    nollag2006 Posts: 2,638 Forumite
    Up 0.5%-1%
    dfh wrote: »
    hope this hpi stalls and prices remain stagnant

    ... and monkeys might fly out of my b*tt

    House prices are rising rapidly. Get used to it.
  • Emy1501
    Emy1501 Posts: 1,798 Forumite
    Up 0%-0.5%
    0-0.5% for me though would not suprise me if rises are nearer to 1%. Markets starting to remind me of the Summer of 2007 when there was lots of people wanting to buy houses but struggling to sell their flats. Seen a few SSTC fall through due to people at the bottom pulling out.

    I suspect next month to be pretty flat also with falls by Dec or Jan at latest.
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