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Debate House Prices


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So what have we learnt from the recession?

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Comments

  • wageslave
    wageslave Posts: 2,638 Forumite
    edited 9 September 2009 at 9:35PM
    I love afriend, he is even less discerning than rewired. I could post the weather forecast in urdu and he would thank it;)

    EDIT Not that you aren't discerning rewired, you are discernment personnified.
    Retail is the only therapy that works
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Cleaver wrote: »
    I feel like I know Robert Peston a lot better now than I did two years ago.

    Speak of the devil:

    http://www.thedailymash.co.uk/news/business/bbc-dismantles-robert-peston-200909092043/

    Is there a funnier website than the daily mash? I want to write for them, but their stories are like simple pop songs that look very simple, but are actually really difficult to put together. Genius.
  • fc123
    fc123 Posts: 6,573 Forumite
    Cleaver wrote: »
    Speak of the devil:

    http://www.thedailymash.co.uk/news/business/bbc-dismantles-robert-peston-200909092043/

    Is there a funnier website than the daily mash? I want to write for them, but their stories are like simple pop songs that look very simple, but are actually really difficult to put together. Genius.

    Why not give it a go? Try some stuff out and e-mail one to them.
    Worst that can happen is they turn around and say 'It's Rubbish'.
    Nothing ventured and all that.

    Max Headrooms blog has had nearly 19,000 reads ...and he wasn't sure whether to do it or not....it was just a late night idea.

    Dopestars Wilsons Sci Fi in the future post would be good enough for The Mash....if the readers knew who they were.
  • wageslave
    wageslave Posts: 2,638 Forumite
    The difference is that most FTB's now cannot afford the deposit.... This crash will have ended up costing many more people their dream of ownership than it will have helped.....
    While before the crash they just couldn't afford the house.
    Retail is the only therapy that works
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker

    The difference is that most FTB's now cannot afford the deposit.... This crash will have ended up costing many more people their dream of ownership than it will have helped.....

    :sigh:

    They couldn't afford before, so it really makes little difference.
  • :sigh:

    They couldn't afford before, so it really makes little difference.

    Bit of a waste of time this crash then.....:confused:
    “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”
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Bit of a waste of time this crash then.....:confused:

    Thats the point of the thread Hamish.

    If you can tell us how this recovery is going to last, once it it totally dependant on the UK populace to feed it the money needed, I'm all ears.
  • wageslave wrote: »
    While before the crash they just couldn't afford the house.

    And now, realistically, they still can't even though prices have fallen significantly.

    If they can't afford to buy pre-crash, and they can't afford to buy post-crash.....

    Maybe it's time to accept they just can't afford to buy at all.....
    “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”
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    And now, realistically, they still can't even though prices have fallen significantly.

    If they can't afford to buy pre-crash, and they can't afford to buy post-crash.....

    Maybe it's time to accept they just can't afford to buy at all.....

    Right, so all we have is an older generation able to afford who have prospered through the earlier years, while their kids are priced out and "just wont be able to buy".

    Thats great Hamish. How long will that last?
  • Thats the point of the thread Hamish.

    If you can tell us how this recovery is going to last, once it it totally dependant on the UK populace to feed it the money needed, I'm all ears.

    *sigh*

    If it needed the bottom tier of earners, it couldn't.

    But as we are forming 250,000 new households a year, and only building 80,000 houses..... Then only the top earning 35% or 40% of households need to be able to afford to buy a house for prices to rise.
    “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”
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