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Debate House Prices


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Why are prices rising so much and so fast?

12346

Comments

  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    Yeah, theres nothing that improves quality of like quite like paying tens of thousands of pounds more for a property than the vendor did a few years ago.

    Especially if you're not a cash buyer and you get to enjoy paying off a truly massive mortgage for 30 years as well.

    This is after all the British way.
  • ln1234
    ln1234 Posts: 25 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    ruggedtoast wrote: »
    Yeah, theres nothing that improves quality of like quite like paying tens of thousands of pounds more for a property than the vendor did a few years ago.

    Especially if you're not a cash buyer and you get to enjoy paying off a truly massive mortgage for 30 years as well.

    This is after all the British way.

    Agreed - but the great thing about this country is that it's their choice.
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    ln1234 wrote: »
    Agreed - but the great thing about this country is that it's their choice.

    Oh sure. Funny how few people actually choose homelessness isn't it.
  • Harry_Powell
    Harry_Powell Posts: 2,089 Forumite
    ruggedtoast wrote: »
    Oh sure. Funny how few people actually choose homelessness isn't it.

    So the only other option to home ownership is homelessness?

    I could have sworn there was other alternatives, though I may be wrong....
    "I can hear you whisperin', children, so I know you're down there. I can feel myself gettin' awful mad. I'm out of patience, children. I'm coming to find you now." - Harry Powell, Night of the Hunter, 1955.
  • ILW
    ILW Posts: 18,333 Forumite
    At least high prices keep most of the chavs out of the decent streets and in thier council ghettos.
  • ILW
    ILW Posts: 18,333 Forumite
    Harry_Powell wrote: »
    So the only other option to home ownership is homelessness?

    I could have sworn there was other alternatives, though I may be wrong....

    Yes, the alternatives are a council estate (virtually impossible to get into unless you are a special case) or having the security of a 6 months tenancy.
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    Harry_Powell wrote: »
    So the only other option to home ownership is homelessness?

    I could have sworn there was other alternatives, though I may be wrong....

    The only alternative to home occupancy is homelessness. And there seems to be a concerted effort to make the former as expensive as possible. Whether you rent or buy.

    However as M. Thatcher says, you can't buck the market.We'll see.
  • Harry_Powell
    Harry_Powell Posts: 2,089 Forumite
    ILW wrote: »
    Yes, the alternatives are a council estate (virtually impossible to get into unless you are a special case) or having the security of a 6 months tenancy.

    Lets not forget housing associations.
    "I can hear you whisperin', children, so I know you're down there. I can feel myself gettin' awful mad. I'm out of patience, children. I'm coming to find you now." - Harry Powell, Night of the Hunter, 1955.
  • ILW
    ILW Posts: 18,333 Forumite
    Harry_Powell wrote: »
    Lets not forget housing associations.
    Same as council, couple on modest income with no kids, no drug habit etc. forget it.
  • Harry_Powell
    Harry_Powell Posts: 2,089 Forumite
    ILW wrote: »
    Same as council, couple on modest income with no kids, no drug habit etc. forget it.

    Oh well, it looks like you'll just have to work hard, save up and get a huge mortgage, just like the rest of us.
    "I can hear you whisperin', children, so I know you're down there. I can feel myself gettin' awful mad. I'm out of patience, children. I'm coming to find you now." - Harry Powell, Night of the Hunter, 1955.
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