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Debate House Prices


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House price rises "not sustainable"

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Comments

  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Dan: wrote: »
    Stability is the end of massive falls, and sight of a recovery. Not personal assumptions.

    http://forums.moneysavingexpert.com/showpost.html?p=24702637&postcount=62
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Dan: wrote: »
    err......and??

    Well I didn't wanna say the same thing again.

    Is stability only those set of people being able to buy? If so, how does stability work, when obviously the amount of people able to buy will dwindle as time will go on?
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    Kreator wrote: »
    I'd be careful going to Maccas with mewbie
    Let's leave this now. Suffice it to say I have had enough of the girl on the counters funny looks when I ask for a ring doughnut and extra napkins. And then the comment asking if I want to "go large with that". I won't be going back.
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Well I didn't wanna say the same thing again.

    Is stability only those set of people being able to buy? If so, how does stability work, when obviously the amount of people able to buy will dwindle as time will go on?

    No, stability is when prices stop falling with a recovery in sight, as I said above.

    People who are in a position to buy will vary according to personal circumstances, and always will.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Dan: wrote: »
    No, stability is when prices stop falling with a recovery in sight, as I said above.

    People who are in a position to buy will vary according to personal circumstances, and always will.

    Ok, I don't agree in the slightest.

    I do not think we have stability now, or we did in spring, or february, whatever you want to refer too. Like I said, I think we are in one of the biggest periods of un-stability we have known for a good while.

    Rising prices = stability? Not in my mind.

    We have the less people able to buy right now than we did even in 2006. I cannot associate this with the word "stable".

    You are free to have your opinion though, so I shall leave it there :)
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 31 August 2009 at 6:05PM
    Ok, I don't agree in the slightest.

    I do not think we have stability now, or we did in spring, or february, whatever you want to refer too. Like I said, I think we are in one of the biggest periods of un-stability we have known for a good while.

    Rising prices = stability? Not in my mind.

    You are free to have your opinion though, so I shall leave it there :)

    Our definition of stability obviously differs, thats all.
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    Dan: wrote: »
    Our definition of stability obversely differs, thats all.
    New spell checker Dan?
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    mewbie wrote: »
    New spell checker Dan?


    I haven't got one, as you can see.

    Amended.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Dan: wrote: »
    Our definition of stability obviously differs, thats all.

    Yer. And I would expect it too in all honesty, as we both see different things in the housing market as a "good thing". You see rises as good currently, I see falls as good currently.

    Therefore I would expect our definitions of stability in the housing market to differ, as we both have a leaning to a different aspect.
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