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 Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Are high house prices a good thing?
nembot
Posts: 1,234 Forumite
As nobody wants to actually say why rising prices are a good thing, excluding personal gain and the lenders etc - thought I'd start a thread to see what people think.
0
Comments
-
No :eek:
How can a high price for anything be a 'good' thing ?'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
-
Of course not. OK if they track inflation but apart from that, no.0
-
No, high house prices are a bad thing. They mean that money that could be spent on the productive economy isn't there to be spent, they mean that people have to pay off huge debts just for one of the basic necessities of life, it prevents ordinary hard-working families from starting a family when they would wish, whilst encouraging others to have children they don't really want, because a life on child-related benefits is the only way they can imagine to ensure a secure roof over their heads with house prices at those levels, it reduces mobility, it makes us less competitive with other countries, it means we have to pay higher wages, it creates programmes like 'Location, Location, Location', it creates more estate agents and makes them even more obnoxious, it increases the divide between generations and social classes...etc etc.
I could go on but I'm bored now, so I'll let someone else take over. (Yawn smiley.)0 -
high house prices aren't a good thing intrinsically but neither are low imoPrefer girls to money0
-
No, we have one life, and we are slowly simply living more of it as a slave to a mortgage and debt.0
-
Good for some individuals yes, bad for some individuals yes, bad for society yes.0
-
Yes if you have many spare houses to sell.0
-
Graham_Devon wrote: »No, we have one life, and we are slowly simply living more of it as a slave to a mortgage and debt.
I don't have any imoPrefer girls to money0 -
As nobody wants to actually say why rising prices are a good thing, excluding personal gain and the lenders etc - thought I'd start a thread to see what people think.
if you're asking someone who's made a few hundred thousand out of HPI - they're a good thing
others will see it differently.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.1K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards