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Debate House Prices


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House prices must be kept up at all costs

12346

Comments

  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Mr.Brown wrote: »
    Oh that Japan :o

    Yes, this Japan.

    Prices were highest in Tokyo's Ginza district in 1989, with choice properties fetching $1 million US dollars per square meter, or around $93,000 per square foot.

    By 2004, Tokyo's residential homes were less than a tenth of their peak, but still managed to be listed as the most expensive in the world until being surpassed in the late 2000s by Moscow and other cities.

    Brit, when we have a bubble so big that we have entire districts where property sells for One Million Dollars a metre, then you can talk about 20 year corrections.

    When we have property so expensive, that even after a 90% fall, it's still the most expensive in the world for the next 15 years, then you can talk about Japan as a likely scenario.

    Until then, you're talking sh1te again, and you know it.
    “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”
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Cleaver wrote: »
    This honestly makes me think that you are 13 years old.

    It's why debating Brit is pointless. Anything he doesn't understand is ignored.
    “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”
  • Mr.Brown_4
    Mr.Brown_4 Posts: 1,109 Forumite
    HAMISH_MCTAVISH wrote: »
    It's why debating Brit is pointless. Anything he doesn't understand is ignored.
    Well at least you always have me if you need a good debate Hamish.
  • Blacksheep1979
    Blacksheep1979 Posts: 4,224 Forumite
    1,000 Posts Combo Breaker
    Mr.Brown wrote: »
    Yes but Brit.. the UK is an island. We are not building any more land. So comparison with Japan a bit off there matey.


    Compared to that huge continent Japan with so much usable land?
  • System
    System Posts: 178,375 Community Admin
    10,000 Posts Photogenic Name Dropper
    HAMISH_MCTAVISH wrote: »
    Until then, you're talking sh1te again, and you know it.

    I think you're over-estimating him there.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Mr.Brown_4
    Mr.Brown_4 Posts: 1,109 Forumite
    Blacksheep1979 wrote: »
    Compared to that huge continent Japan with so much usable land?
    Is there an echo in here?
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Mr.Brown wrote: »
    Well at least you always have me if you need a good debate Hamish.

    You are indeed a master debater, Mr Brown.
    “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”
  • Mr.Brown_4
    Mr.Brown_4 Posts: 1,109 Forumite
    HAMISH_MCTAVISH wrote: »
    You are indeed a master debater, Mr Brown.
    Thank you Hamish, although not sure whether it's me or your good self that are the true master. There is some fine debate going on this board tonight, that's for sure.
  • Mr.Brown_4
    Mr.Brown_4 Posts: 1,109 Forumite
    Mr.Knightley wrote: »
    What like that huge island Japan with lots of land!?
    I didn't realise there were so many experts on Japan all of a sudden. Just my luck.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Mr.Brown wrote: »
    Thank you Hamish, although not sure whether it's me or your good self that are the true master. There is some fine debate going on this board tonight, that's for sure.
    no - that is not true. i was not around.
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