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Debate House Prices


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House prives to rise by 10% each year: Nationwide report out today!

245

Comments

  • System
    System Posts: 178,376 Community Admin
    10,000 Posts Photogenic Name Dropper
    chucky wrote: »
    no......................

    but the amusing thing is that you're missing is that all the predictions are positive or more less stagnant growth for UK house prices...

    Yeah but they once got a question wrong on trivial pursuit so we don't have to listen to them.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    no......................

    but the amusing thing is that you're missing is that all the predictions are positive or more less stagnant growth for UK house prices...

    So you don't believe the actual predictions, but they are up, so it's good?
  • System
    System Posts: 178,376 Community Admin
    10,000 Posts Photogenic Name Dropper
    Personally I don't believe a prediction that says prices to rise 10% each year, partly because that's not what the prediction says.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Graham_Devon wrote: »
    So you don't believe the actual predictions, but they are up, so it's good?
    i'm not sure which part of my post said it was "good"
    chucky wrote: »
    no......................

    but the amusing thing is that you're missing is that all the predictions are positive or more less stagnant growth for UK house prices...
    could you let me know?
    thanks
    :)
  • stueyhants
    stueyhants Posts: 589 Forumite
    Part of the Furniture 500 Posts
    Joeskeppi wrote: »
    Yeah but they once got a question wrong on trivial pursuit so we don't have to listen to them.

    Hang on. If I pay someone a lot of money to tell me things I don't know, if it turns out he is wrong shouldn't he be fired and not listened to again.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    stueyhants wrote: »
    Hang on. If I pay someone a lot of money to tell me things I don't know, if it turns out he is wrong shouldn't he be fired and not listened to again.
    but this article is saying that HPI could be 10% year on year in Feb 2010 - are you saying that it can't be the case?

    is certainly a possibility - don't you agree?
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    stueyhants wrote: »
    Hang on. If I pay someone a lot of money to tell me things I don't know, if it turns out he is wrong shouldn't he be fired and not listened to again.

    Good idea.

    So I suppose all the Capital Economics and Moneyweek pundits should be down at the job centre by this time next week......
    “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”
  • Lance
    Lance Posts: 559 Forumite
    It is very good for this country, and indeed this world, that there are so many 'experts' who can predict the future and plan that future........ we'd be in a right mess without experts. I am an expert in house prices and I predict house prices will definately rise this year or fall or stay the same depending on economic conditions.
  • sjaypink
    sjaypink Posts: 6,740 Forumite
    From the comments section:

    I've advised my kids to rent instead of buying. Renting is far more secure these days as the Government pays the rent if they lose their jobs. And as I own the houses they're renting it's a win-win!

    I wouldn't like to stereotype your average mail reader, but, if I had to......
    We cannot change anything unless we accept it. Condemnation does not liberate, it oppresses. Carl Jung

  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    sjaypink wrote: »
    Renting is far more secure these days as the Government pays the rent if they lose their jobs.

    In fairness, the government will pay the mortgage if they lose their jobs too.
    “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”
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