Debate House Prices
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MSE News: Halifax: house price growth decelerates
Comments
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I must admit my 0.99% mortgage is a real slog I can tell you.
Your pity will help me get over knocking another 7-8% off my mortgage again this year.:money:
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nollag2006 wrote: »I pity those waiting for the crash to come back ... really do.....OK then i dont :rotfl::rotfl::rotfl:
I was hoping you were going to post another cartoon
The last one was fantastic.0 -
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Many of the bullish are servicing huge mortgages, due to the fact they bought at peak and the advisor said prices go up forever.
Forgive their bitterness, it's the only way they can cope
I'm quite impartial overall really despite what I say, but that is nonsense.
The most bitter folk are those who cant afford a house or missed the bottom of the market. Those are the most motivated to shout their beleifs in a hope it will make a difference.
Most people who actually own a house now dont care what happens to prices. Even if they dropped it wouldnt matter as they dont wish to sell.
On the other hand, every person who wants to buy a house is desperate for prices to drop as they NEED them to.
It's pretty amazing the rate that prices are going up.0 -
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nollag2006 wrote: »Not really - they are just reverting to the level that they were before the credit crunch.
The world is slowly recovering, and house prices are leading the way.
King Canute thought he could control the tide as well.
Look what happened to him.0 -
I'm quite impartial overall really despite what I say, but that is nonsense.
The most bitter folk are those who cant afford a house or missed the bottom of the market. Those are the most motivated to shout their beleifs in a hope it will make a difference.
Most people who actually own a house now dont care what happens to prices. Even if they dropped it wouldnt matter as they dont wish to sell.
On the other hand, every person who wants to buy a house is desperate for prices to drop as they NEED them to.
It's pretty amazing the rate that prices are going up.
Sorry to disappoint Phil, but making random assumptions from single post can often be completely wrong, as in this case.
My mortgage has three years to run, if prices go up I win, if they drop I win and i'll just buy another house (maybe two).
Bitter, nah don't thinkso0 -
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