Debate House Prices


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MSE News: House price rise predicted by MoneySavers

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  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    Combo Breaker First Post
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    Powerful thing sentiment - is the will of the people enough to outweigh the harsh economic realities?

    Rising unemployment.
    Rising taxes.
    Cuts in public spending.
    UK expected to be among last countries to recover.

    However maybe people in the UK are so hooked on the buzz of private ownership, that they really will go to ever more absurd and extreme lengths to purchase their very own property.

    It might be that I am wrong.
  • wageslave
    wageslave Posts: 2,638 Forumite
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    mewbie wrote: »
    Powerful thing sentiment - is the will of the people enough to outweigh the harsh economic realities?

    Rising unemployment.
    Rising taxes.
    Cuts in public spending.
    UK expected to be among last countries to recover.

    However maybe people in the UK are so hooked on the buzz of private ownership, that they really will go to ever more absurd and extreme lengths to purchase their very own property.

    It might be that I am wrong.
    In a sane world house prices should fall by at least another twenty percent but we dont live in a sane world. Ten, Mewbie, they might, just might, come down by another ten.
    Jam today, pain tomorrow. We are living in interesting times.
    Retail is the only therapy that works
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Name Dropper First Anniversary Photogenic First Post
    edited 4 September 2009 at 9:11PM
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    mewbie wrote: »
    Powerful thing sentiment - is the will of the people enough to outweigh the harsh economic realities?

    Rising unemployment.
    Rising taxes.
    Cuts in public spending.
    UK expected to be among last countries to recover.

    Rising unemployment. Been rising all year, as have prices.

    Rising taxes. Been rising for the last decade under labour. As were prices.

    Cuts in spending. Conservatives will pay lip service, but wont cut deep enough to tip us back into recession. Freezes are more likely, letting inflation carry the load.

    Last to recover. Maybe. But we're in the middle of the recession just now, and prices are still rising.
    However maybe people in the UK are so hooked on the buzz of private ownership, that they really will go to ever more absurd and extreme lengths to purchase their very own property.

    That bit you got right though.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • wageslave
    wageslave Posts: 2,638 Forumite
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    Rising unemployment. Been rising all year, as have prices.

    Rising taxes. Been rising for the last decade under labour. As were prices.

    Cuts in spending. Conservatives will pay lip service, but wont cut deep enough to tip us back into recession. Freezes are more likely, letting inflation carry the load.

    Last to recover. Maybe. But we're in the middle of the recession just now, and prices are still rising.
    However maybe people in the UK are so hooked on the buzz of private ownership, that they really will go to ever more absurd and extreme lengths to purchase their very own property.

    That bit you got right though.

    But Hamish, do you think it is right?
    Retail is the only therapy that works
  • wageslave
    wageslave Posts: 2,638 Forumite
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    I seem to have slipped on to the wrong board, but while I'm here does anyone know where I can get a half price pizza from besides Pizza Hut ? They are not really to my taste, they don't put enough salami on.
    Best. User. Name. Ever.

    PS Any spare tesco vouchers, gov?
    Retail is the only therapy that works
  • HAMISH_MCTAVISH
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    wageslave wrote: »
    But Hamish, do you think it is right?

    I don't think it is right or wrong.

    It's just the way things are. Shortage of housing = high prices.

    I'd have no objection to more houses being built, particularly cheap housing for FTB's. Even if that impacted house prices.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Name Dropper First Anniversary Photogenic First Post
    edited 4 September 2009 at 9:21PM
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    Martin Lewis 2for1 pizza.
    MoneySaving Newbie

    This isn't going to end well.....
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • wageslave
    wageslave Posts: 2,638 Forumite
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    I don't think it is right or wrong.
    It's just the way things are. Shortage of housing = high prices.
    There is no shortage of housing. There is a shortage of decent social housing
    I'd have no objection to more houses being built, particularly cheap housing for FTB's.
    You're all heart Hamish
    Even if that impacted house prices.
    You have a house. Why is it soooooo important to you that house prices stay high?
    Retail is the only therapy that works
  • wageslave
    wageslave Posts: 2,638 Forumite
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    I'm sorry I can't start any serious debate these days, usually because before it's reached it's conclusion I've gone, pity really that I've been reduced to posting drivel. :(
    Ad.
    I miss your posts. You were the sensible one.
    Retail is the only therapy that works
  • JanCee
    JanCee Posts: 1,241 Forumite
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    I'm glad you like it, mewbie seems to like my others as well.

    I'm sorry I can't start any serious debate these days, usually because before it's reached it's conclusion I've gone, pity really that I've been reduced to posting drivel. :(

    Ad.

    Stop outing yourself on here and you may last longer than a nanosecond. Just pm those you wish to keep in the loop and remain anonymous to the wider public. Discretion is the key.
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