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Debate House Prices


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Congratulations to Edinburgh, + 6% YoY....

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Comments

  • Pobby
    Pobby Posts: 5,438 Forumite
    Hamish sees his equity mounting daily.
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    nearlynew wrote: »
    People have to pay more for houses?

    People have to get into more debt to afford a home?


    Good news?

    I don't understand.

    In general, existing homeowners will see this as good news.

    Bad news for FTBers which is why the general advice is buy now, or this winter.
  • michaels
    michaels Posts: 29,219 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Link so we can check out our own area please
    HAMISH_MCTAVISH wrote: »
    :T:T:T:T

    The first area to show year on year positives?

    But it won't be the last.....;)
    I think....
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Dan: wrote: »
    Bad news for FTBers which is why the general advice is buy now, or this winter.

    Fantastic. Been priced out of the market for about 5 years, but the advice is to buy now!

    Not sure how long it will take for it to sink into the nation that FTB's (in general) can't buy. Prices to high.

    ETA: in general.
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Graham_Devon wrote: »
    Fantastic. Been priced out of the market for about 5 years, but the advice is to buy now!

    Prices are unlikely to go below the bottom seen in February. 20% down from peak has allowed people who were priced out, are now in a position to buy, as we can see.

    If you still can't afford it, then maybe home ownership may not be for you. Remember you don't have a right to own your home.

    Anyway, Graham, I thought you bought a flat, so how can you be priced out?
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Dan: wrote: »
    Anyway, Graham, I thought you bought a flat, so how can you be priced out?

    No. That's just been banded around by some as some sort of "ha ha, Graham bought a flat" for their amusement.
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    Dan: wrote: »
    Prices are unlikely to go below the bottom seen in February.
    Quoted. And nailed.
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    mewbie wrote: »
    Quoted. And nailed.

    It's in my signature also.
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    Dan: wrote: »
    It's in my signature also.
    Er. good. Now you thought you had caught me, out but after thinking for a couple of minutes I have come up with this.

    You could change your signature.
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    mewbie wrote: »
    Er. good. Now you thought you had caught me, out but after thinking for a couple of minutes I have come up with this.

    You could change your signature.

    Don't worry, I won't, even if I'm proved wrong like brit. [unlikely]
This discussion has been closed.
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