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!

MSE News: Nationwide: House prices creep up 0.7% in March

189101113

Comments

  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Grrr. It's not poor decisions. Hardly anyone "makes a decision" to not be able to afford stupidly high prices.

    I think you need to get past the decision bit. We haven't all sat here thinking "oh, I won't buy a house this month". A lot, especially those without parental or other help, have been priced out, simple as that, thats not a decision they have made.

    Nonsense.

    We had a thread recently that established almost every area had affordable properties. But most of the bearish posters here choose to think those properties are beneath them, whilst simultaneously bragging about how prudent they are being by waiting.

    Except it has turned out to be the opposite.

    The prudent ones turned out to be the ones that bought with ultra cheap money and no LTV restrictions. ;)
    “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”
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    And when after the election you still don't get your crash, will you please, for the love of god, face facts?

    Or is it always going to be "just wait til next year" with you lot.....

    I have little interest in house prices. As I'm not intending to move nor acquire another one........

    There are more important issues as well to be concerned with.

    I'm happy to sit it out though and still be here in a few years time , are you?
  • nembot
    nembot Posts: 1,234 Forumite
    edited 1 April 2010 at 1:14AM
    You need to relearn your history.......

    Two of the last 3 crashes have lasted for less than 3 years.;)

    Prove it Hamish, because the figures show you're talking rubbish... again.

    I'll help you out with your own embarrassment, the last crash was from 1989 to 1996, feel free to look silly trying to get out on that one.

    See the thing is fella, if you talk c r a p for long enough and you start to believe it yourself, this is pretty evident looking at your posts.

    You're probably a really nice guy, but on here you come across as someone who is absolutely desperate for HPI, yet you ignore all the factors that pretty much everyone else is aware of.

    Yeah, rising prices are good for some people, dropping prices are good for some people but for gods sake, do you have to be a total a s s about everything?
  • smamst
    smamst Posts: 1,545 Forumite
    edited 1 April 2010 at 1:48AM
    Surveyors and Mortgages advisor's have today predicted a 4.7% price rice on properties sold in 2010. The two fingers in the air to bears was documented as a useful tool.
  • PhylPho
    PhylPho Posts: 1,443 Forumite
    Part of the Furniture 1,000 Posts
    smamst wrote: »
    Surveyors and Mortgages advisor's have today predicted a 4.7% price rice on properties sold in 2010. The two fingers in the air to bears was documented as a useful tool.

    Not a lot of point in being a surveyor or a mortgage advisor if you're going to go around projecting a 4.7% price drop.

    That kind of thing persuades those who don't need to sell to not bother going up for sale.

    And that means, er, less need for surveyors and mortgage advisers than ever before.

    Do wake up at the back of the class. Turkeys do not vote for Christmas.
  • Build millions of new houses every year - gives people jobs, stops high house prices.
  • Emy1501
    Emy1501 Posts: 1,798 Forumite
    And when after the election you still don't get your crash, will you please, for the love of god, face facts?

    Or is it always going to be "just wait til next year" with you lot.....

    Until interest rates get back to a reasonable level and the government starts spending within its means people will always believe that a HPC is around the corner.

    What last year and this year is showing is that predicting a crash to the year and month is pretty impossible due to government intervention.
  • PhylPho
    PhylPho Posts: 1,443 Forumite
    Part of the Furniture 1,000 Posts
    Emy1501 wrote: »
    Until interest rates get back to a reasonable level and the government starts spending within its means people will always believe that a HPC is around the corner.

    What last year and this year is showing is that predicting a crash to the year and month is pretty impossible due to government intervention.

    100% correct.

    And when after the election a new Government -- of whatever complexion -- gets to grips with the debt problem by slashing a public sector that, thanks solely to Gordon Brown, has been increased by almost 1 million during ZanuLabour's Socialist regime so that it presently employs one in every five people in work in the UK, then the true state of the housing market will be seen.

    One in five people in employment in the UK are under financial threat, to lesser or greater degree.

    Posters entertaining the daft delusion that a housing market is somehow blissfully insulated from the very Society within which house sellers and house purchasers actually live are posters hoping for a Buy to Let boom in Cuckoo Land. . .

    . . . Or they're mortgage advisors, estate agents, surveyors and valuers who'd rather not be alongside the public sector victims now in the firing line, and so will use any statistic, no matter how counterfeit, to talk things up today before the going gets rough tomorrow.
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    PhylPho wrote: »
    ...slashing a public sector that, thanks solely to Gordon Brown, has been increased by almost 1 million during ZanuLabour's Socialist regime so that it presently employs one in every five people in work in the UK, then the true state of the housing market will be seen.

    One in five people in employment in the UK are under financial threat, to lesser or greater degree.

    http://www.statistics.gov.uk/cci/nugget.asp?id=1292

    The office of national statistics page shows public sector employment from 1992 to 2005. It was 20% / 1 in 5 in 2004, and you say it's the same now, so how has it increased by 1 million under Brown?

    Also, it looks as though public sector employment under a Tory government in 1992 was around 23%.

    1292.gif
    Public sector employment as a proportion of all in employment, UK, headcount, not seasonally adjusted.

    Am I missing something? Seems very surprising to read that there were more public sector workers under the Tory's than under Labour. Or "ZanuLabour's Socialist Regime' as you have cleverly put it.
  • Cleaver wrote: »
    [Am I missing something? Seems very surprising to read that there were more public sector workers under the Tory's than under Labour.

    Yes you are, because there weren't.

    UKpublic_sector_employment9509.gif
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.3K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.