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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Boiiiiiiiiing ........ splat
Comments
-
That is your big mistake though, you are only looking over the past 100 years, try extending that over 500 years or more and you will I think find prolonged periods of house price falls.
A manor in Surrey was listed in the domesday book in 1086 with a value of £15.
Same manor today is £4.5 million.
Thats almost 1000 years of HPI at work.Anway which way do you think prices will go over the next 5 years given that we as a country have such a huge debt, forcast to be about 1.4 trillion?
Up.
Without a shadow of a doubt.
The mainstream forecast is for prices to rise by 40% in real terms, ie, in addition to inflation, in the next 10 years. Thats nominal rises of more like 60% to 70%.“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 -
That's nice dear. Now why don't you come back inside and put something warm on. The other residents don't need to see you in your birthday suit, even if it is a nice Spring day. Are you sure you took your medicine this morning?HAMISH_MCTAVISH wrote: »The mainstream forecast is for prices to rise by 40% in real terms, ie, in addition to inflation, in the next 10 years. Thats nominal rises of more like 60% to 70%.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.1K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.7K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards