We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
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!
Generation Rent.... The future of those who missed the boat..
Comments
-
HAMISH_MCTAVISH wrote: »This is what I don't get about the bears.
People want things to improve, unemployment to reduce, the economy to recover, interest rates to stay low, investments to do well, etc.
For some reason, the housing bears want the opposite to happen. They cheer on misery, recession, unemployment, asset price crashes, etc.
The worst of the negative views.
No,
The housing bears want cheaper housing, you are talking about a different set of bears. There is not just one set of bulls/bears, people can be on different camps for different things.0 -
No,
The housing bears want cheaper housing, .
Which as we have just seen, cannot happen in isolation.
A house price crash is linked to recession, unemployment, reposession, homelessness and misery.
You cannot have one without the other.
To cheer on one, is to cheer on the others. To celebrate crashing prices is to celebrate reposession and unemployment.“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”0 -
HAMISH_MCTAVISH wrote: »Which as we have just seen, cannot happen in isolation.
A house price crash is linked to recession, unemployment, reposession, homelessness and misery.
You cannot have one without the other.
To cheer on one, is to cheer on the others. To celebrate crashing prices is to celebrate reposession and unemployment.
Incorrect.
I'm a bear on housing, food.
But a bull for job creation, economy etc.
Maybe the problem is that our economy became housing and little else?0 -
Hamish. Why am I being ignored?
As you are the guru of all things house price related, I have come to you to ask you a question.
I thought you would have absolutely no problems answering it. So I ask you, could you try for me, and help me understand? I can start a whole thread on it if you like
0 -
HAMISH_MCTAVISH wrote: »Excellent news. :T
"The bears" entire strategy consisted of waiting for economic catastrophe to hit, and then hoovering up a bargain at the expense of someone hit by unemployment, etc.
There is a delicious irony that such a plan, which relied on trading on others misery, has backfired so spectacularly.
Whereas the HPI+ sluts don't mind seeing further misery put upon those who have been sensible and didn't recklessly borrow, overextend themselves financially (for a home or BTL) - and are happy to have a rigged (unsustainable) market full of political interference to prevent values correcting as they should do.0 -
This is what I dont get about the bulls.
People want things to improve, get better, cheaper, etc etc.
For some reason the housing bulls are happy for this not to happen, the worse of the negative views.
that's the same as people celebrating house price falls - which is absolutely fine but it's a self-fulfilling prophecy
the difference is that when house price falls do occur it doesn't mean more people will be able to buy property or afford proprty.0 -
One thing that is clear from all this is that Hamish seems to want the rich/poor divide to increase.
In fact, he wants to get richer at the expense of the poor.
Pretty selfish.
Whereas I think the friendlier bears here would prefer a more fair and equitable system for all, not the doom and gloom scenario that Hamish would like to depict.Long live the faces of t'wunty.0 -
Incorrect.
I'm a bear on housing, food.
But a bull for job creation, economy etc.
Maybe the problem is that our economy became housing and little else?
Being a bear or bull isn't about what you want to happen, it's what you think will happen.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
-
that's the same as people celebrating house price falls - which is absolutely fine but it's a self-fulfilling prophecy
the difference is that when house price falls do occur it doesn't mean more people will be able to buy property or afford proprty.
House prices falling may mean that more people can afford to buy, but it also means more people are unable to remortgage or are stuck in negative equity and can't afford to sell.
Every scenario has its winners and losers; something that some people choose to forget.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245K Work, Benefits & Business
- 600.6K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards