We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 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!
The “crash” is over – now how long before prices fully recover?
Comments
-
Probably by the end of 2011What could you buy in 2007 for 105K?
A 2 or 3 bed terrace within a 45 minute drive of most major cities in Scotland and Northern England.I doubt there are many people on here who couldn't have afforded 105K two years ago, but most of us didn't fancy living in a shed.
Then move to a part of the country that doesn't have such an acute housing shortage.
Or campaign for more house to be built where there is a shortage.
Simples.“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”0 -
Bears hugely underestimate the amount of wealth out there. Most customers I speak with that were in danger of getting into trouble, simply fell back on funds from parents / grandparents.
In the last crash there was'nt nearly as much wealth, afterall, we have masses of retired people that have seen thier homes triple in value, so a notional temporary dip is meaningless to them.
If thats the case perhaps David and his boys could borrow some to get the country back on track.0 -
Some time after 2011Oh no, I`m outta here. Any one remember who last used large red type?0
-
I didn't say Gordon handed them out :rolleyes:
And dont blame the government? They take some of the blame for letting it happen
All the blame. As the opportunity was passed in 2004 for the FSA to regulate both BTL and Remortgaging (Equity Withdrawl).
Labour were too close to the City who were generating the tax revenues to spend.0 -
Never ever everHAMISH_MCTAVISH wrote: »A 2 or 3 bed terrace within a 45 minute drive of most major cities in Scotland and Northern England.
Then move to a part of the country that doesn't have such an acute housing shortage. Or campaign for more house to be built where there is a shortage.
Simples.
Great idea. Cos campaigns always work.
Do I take it you'll sign my petition, Hamish?0 -
Probably by the end of 2011Great idea. Cos campaigns always work.
I'd wager it may be a tad more effective than moaning about prices on here.....:rolleyes:
There are over a million posts on hpc... If those posters had instead sent a million emails in support of looser planning laws and more housebuilding, it would surely have had more impact than hpc ever could.Do I take it you'll sign my petition, Hamish?
Sure.“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”0 -
Thrugelmir wrote: »All the blame. As the opportunity was passed in 2004 for the FSA to regulate both BTL and Remortgaging (Equity Withdrawl).
Labour were too close to the City who were generating the tax revenues to spend.
Oh right, and the tories would have done different. Don't be so naive.0 -
Some time after 2011nollag2006 wrote: »Yup - fairly typical defeatist attitude from the HPC brigade.
Woe is me !!!
Don't be a loser all your life
Quite a desperate & nasty piece of work arn't you?0 -
Some time after 2011nollag2006 wrote: »Yup - fairly typical defeatist attitude from the HPC brigade.
Woe is me !!!
Don't be a loser all your life
come on nollag - don't be like that
house prices go up, house prices go down, they'll also go up again and then they'll come down again at some point.
we just have to get over it and understand the reasons for it and not miss the opportunities.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards