AN estate agent with a brain? Savills warning of price drops

StiflersMom

MissDBoat wrote: »

What if no one could afford to buy? Would it move down, or just wait for wages to catch up?

What if QE continued to work, and low cost mortgages became more widely available again, allowing FTBs and investors to get into the market?

Would the market continue to move up, as it has done since Feb of this year?

:rotfl:

StiflersMom

MissDBoat wrote: »

But gloating on here helps yours?

Goose for the gander dearie.

Not gloating !! Just pointing out the truth !!!

:j

Great user name btw, sounds quite appropriate for you !!

:T

Afriend_2

MissDBoat wrote: »

But gloating on here helps yours?

Goose for the gander dearie.

You are julieq and I claim my five pounds.
(or you're pretending to be her - dearie is her terminology)

HAMISH_MCTAVISH

tommy75 wrote: »

Brit1234 had no idea Labour would of gone to the extreme lengths it has to maintain property asset prices. We were certainly heading that way before the government + BoE stepped in. I think its a bit harsh to batter him/her forever because of an outdate prediction that was certainly plausible in 2008.

Rubbish.

The central premise of many of the bulls arguments has been that house prices and the wider economy are now so inextricably interlinked as to make decoupling, and allowing a significant house price crash, impossible.

This was derided by bears at the time as bulls claiming "the govt would not let it happen".....

But of course bulls saw clearly that letting house prices crash by the 50% that the bears were expecting would take down the wider economy, and so the policy response from government and the boe would be extremely aggressive, which it was.

alcsl

what i dont understand is, in the news the BoE has just injected a further £25Billion into the UK economy. Where does that money go? Is that straight onto the government deficit that they have to repay via tax collection from us tax payers in the future? BoE can't simply 'create' £25 billion and just chuck it in the system...?

alcsl

and at what point does the government get back to a sustainable level of national debt? No doubt once we're paying 20% + vat...

tommy75

HAMISH_MCTAVISH wrote: »

Rubbish.

Blah blah.We all knew..

This section of the forum is getting very predictable. Shouldn't you be logged in as stiflersmom still?

We arn't all bulls and bears looking to 'score' one over the other. We don't care about your 'BTL empire' and financial status or what you spent on caviar and vintage wine last night. Some of us are trying to extract information on whether to buy a house now or not for quality of life for ourselves and our childrens purposes as we 'missed the boat' in 2002-2007. You should possibly dissect the very people you are trying to persuade to buy a house from the people you are mocking or your MSE existence is rather pointless.

StevieJ

brit1234 wrote: »

You still don't understand, if it wasn't for all this stmulus house prices would be fast crashing..

Fine, but twelve months ago when we knew the stimulus was on the way, you bears were predicting 50-70% house price falls, some had 50% for this year you know who you are.

HAMISH_MCTAVISH

tommy75 wrote: »

You should possibly dissect the very people you are trying to persuade to buy a house from the people you are mocking or your MSE existence is rather pointless.

See that's where you've got it wrong.

I couldn't care less if you or anyone else on here ever buys a house.

I't pretty obvious that most of the pessimists on here will never buy a house. Which in a market of 75,000 house sales a month makes no difference whatsoever.

So I may as well just continue to take my enjoyment from mocking the incredible stupidity of anyone who ever thought a 50% crash was even a remote possibility.:beer:

carolt

Wow, what a strange thing to 'give you enjoyment'.

Still takes all sorts, I suppose.