House prices fell 1.20% in June

lynzpower

As martyn4764 has pointed out, the public sector is paid for by the private sector. The public sector growth is all that is keeping this economy growing, and that's all down to our prudent chancellor (Gordon Brown) who just cannot stop borrowing and spending

Us public sector workers pay tax as well you know. And actually, think about it, a hell of a lot of "public sector" provision is provided by private companies, your bin men, recycing, nurseries and day care, older peoples care work, housing maintainence, homelessness provision, drug and alcolol services, hospitals, I could go on forever, you get my jist. Our taxes fund profit making companies, dont forget that

Jim_B_3

Jim_B wrote:

Expect tomorrow's Express leader to be about Diana.

Today's lead: "SHAME OF DIANA DEATH PHOTOS". I need say no more.

BobProperty

ftbworried wrote:

.... so we're FORCED to buy in a dangerous period in the property cycle. It doesn't mean we are stupid and 'listen to the media', it means we needed to buy a house so we could live in it.

You couldn't possibly have rented anywhere then? Who FORCED you into this mortgage/house purchase?
I agree it's a very difficult time for first time buyers. I also think house prices are at the top of the market. I therefore conclude that now is the time not to buy, but it is possible to live somewhere in the meantime by renting. If you don't want to listen to my opinion don't read my posts, but don't please bleat about "having" to buy now.
Also please don't tell me how you can't afford a nice house in a nice area like you really wanted, when what you should be doing is finding a house AND an area that you can afford to live in.
I can't remember whether Meanmachine rents or owns, I don't care that much, he/she is big enough to take care of themselves.

F_T_Buyer

Jim_B wrote:

Today's lead: "SHAME OF DIANA DEATH PHOTOS". I need say no more.

I can't believe The Express. How many people have said on forums the Express would run a Diania story today, and snuff the bad new about house prices.

I can't see how anyone can take The Express seriously at all.

BobProperty

F_T_Buyer wrote:

I can't believe The Express. How many people have said on forums the Express would run a Diania story today, and snuff the bad new about house prices.

I can't see how anyone can take The Express seriously at all.

In the style of Peter Kay :
"The Express"....... and.......... "serious"

BobProperty

lynzpower wrote:

Us public sector workers pay tax as well you know. And actually, think about it, a hell of a lot of "public sector" provision is provided by private companies, your bin men, recycing, nurseries and day care, older peoples care work, housing maintainence, homelessness provision, drug and alcolol services, hospitals, I could go on forever, you get my jist. Our taxes fund profit making companies, dont forget that

I'm sure you do a good job lynz, it's just that some of us doubt the need for 14 layers of civil servants above you all on IL pensions. We also have our doubts about chancellors who say no more "boom and bust" when they are heading for the "bust" part. A bit like some of us didn't believe Maggie with her "tight" fiscal policy when the government were printing Gilts at a huge rate. I'll give you a prediction : Gordon Brown will be known as "boom and bust" Brown by history.

meanmachine_2

FTBWorried I have complete sympathy with your argument.

I don't own, no, so have no horse to sit on, be it high, low or average sized.

I'm only fortunate in the sense that I rent quite cheaply, which allows me to save.

But the argument that those who were born at a certain time have somehow been condemned to a life of massive debt and eternally high house prices? No, I don't buy that.

The market moves in a great sweeping cycle. If you can afford to wait it out, then you *might* be wise to do so. If you can't then yes, you have to pay a premium for buying now.

At least, if you have a repayment mortgage you're on the road to whittling away that big nasty debt.

Blimey, that response was quite calm and measured for me. Must be a Friday thing.

And no, I don't think a 1.2% monthly dip is the start of any meaningful correction, not while mortgage borrowing is still so high.

lynzpower

BobProperty wrote:

I'm sure you do a good job lynz, it's just that some of us doubt the need for 14 layers of civil servants above you all on IL pensions. We also have our doubts about chancellors who say no more "boom and bust" when they are heading for the "bust" part. A bit like some of us didn't believe Maggie with her "tight" fiscal policy when the government were printing Gilts at a huge rate. I'll give you a prediction : Gordon Brown will be known as "boom and bust" Brown by history.

You might be surprised there Bob, on how few people actually can afford to pay into thier pensions. And how lean SOME givernment depts are management wise

martyn4764

lynzpower wrote:

Us public sector workers pay tax as well you know.

Your tax is deducted from your income, your income is paid by... the taxpayer.

This isn't a criticism of public sector workers btw (well, not all of them ), but of Gordon Brown's increasing 'Sovietisation' of the employment market.

coupland

Why do house price threads seem to bring out the worst in people?

I think this board is great. I've been able to find out loads of useful information, usually reading through threads where people share experiences and offer advice.

But when a house price thread comes up it doesn't seem to follow the ethos of the board. Instead of cooperation between posters there an I'm smarter than you mentality, people giving themselves a pat on the back and messages wishing bad luck on people in a situation different to themselves.

I think this board could prove very helpful ensuring people don't make rash decisions. However the useful, more balanced posts get buried in the pointless stuff.