We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
House Price Crash Website
Options
Comments
-
ive just done a little reading on HIPS and the general thought is that house prices will rise as there will be few houses for sale. Any thoughts??0
-
hitman_uk wrote:ive just done a little reading on HIPS and the general thought is that house prices will rise as there will be few houses for sale. Any thoughts??
See the discussion in earlier parts of this thread.0 -
Hmmmm - all the doom & gloomsters on house prices seem to have gone a bit quiet - anything to do with the stock market 'crash'?
Still feel the same as I always have - a house is always worth something, a bit of paper can easily be worthless v quickly.A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
Mortgage Balance = £0
"Do what others won't early in life so you can do what others can't later in life"0 -
That what they say about commodities "always worth something" - ever traded commodities?ali007 wrote:...Still feel the same as I always have - a house is always worth something, a bit of paper can easily be worthless v quickly.
This is what I'm getting at. It's not news to say interest rates have become too much for too many people and house prices are slowing. It's much more newsworthy to say "It was HIPs wot done it". I just think HIPs will be the "final straw". It's already been said about MIRAS removal and black Wednesday, same thing, there are two events that are marked out in history. Interest rates were high, unemployment and the fear of job losses were there and took effect on the market sentiment but what do we remember? MIRAS relief being removed and "Black Wednesday".F_T_Buyer wrote:....Oh, and I don't think HIPS will be responsible for falling house prices - yet i'm sure it will be blamed. I can imagine Kirsty Allsop (from Splinta) saying it wouldn't have crashed if HIPS weren't introduced.
As an aside, I was watching "Bowling for Columbine" and one of the themes was that, as a nation, certain stories were news and other stories were pushed out or considered not newsworthy enough. I wonder whether in the UK we get obsessed with houses while living in ignorance of stock markets, interest rates and general economic principles.A house isn't a home without a cat.
Those are my principles. If you don't like them, I have others.
I have writer's block - I can't begin to tell you about it.
You told me again you preferred handsome men but for me you would make an exception.
It's a recession when your neighbour loses his job; it's a depression when you lose yours.0 -
Hi
I'm just wondering whether the interest rate has remained more stable because the bank of england now determine it as oppossed to the goverment as it was under the Conservatives
0 -
Ha. The BoE only control short term interest rates. The markets control real long term interest rates - and they are heading up!
The BoE went on a record gilt buying spree to keep rates down this week!
You can't fool all of the people all of the time!0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.7K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards