If it's all about supply and demand.....

carolt

:rotfl::rotfl::rotfl:

Graham_Devon

chucky wrote: »

can someone please explain effective demand to the people that don't understand how demand and supply works?

Why, can't you?

Not suprising.

chucky

Graham_Devon wrote: »

Why, can't you?

Not suprising.

i've been there before - we'd have 12 pages of posts and you still wouldn't get it (again)

ukcarper

nembot wrote: »

The only thing supply and demand really did, was influence a lot of posts on here. Easy credit and greed, were the real factors.

Everytime someone attributes house prices to S&D, somewhere in the world, a kitten dies.

I know Hamish takes it to the extreme but can you explain why a 3 bed semi in one town is 33% cheaper than one 5 miles away.

lostinrates

I wih someone would expain all things things people rightly feel need to be explained..before the bickering starts, so that those of us who want to learn can. I wish we could have a glossary and reference sticky for things like this actually. How/who do I ask for that ?

Graham_Devon

ukcarper wrote: »

I know Hamish takes it to the extreme but can you explain why a 3 bed semi in one town is 33% cheaper than one 5 miles away.

One has nice curtains....from Laura Ashley.

chucky

ukcarper wrote: »

I know Hamish takes it to the extreme but can you explain why a 3 bed semi in one town is 33% cheaper than one 5 miles away.

i'm sure that the HSBC in one town has the same mortgage offers in both towns - so it can't be that either... :eek:

ukcarper

chucky wrote: »

i'm sure that the HSBC in one town has the same mortgage offers in both towns - so it can't be that either... :eek:

It not just one house properties in one town are generally 30% cheaper

phil_b_2

ukcarper wrote: »

I know Hamish takes it to the extreme but can you explain why a 3 bed semi in one town is 33% cheaper than one 5 miles away.

Establishment of the area?

There are amazingly still some towns where the chav infected havnt broken in and spread their seed, and those areas rightly command a higher price. It still essentially comes down to supply and demand though I guess, demand in good areas is higher but supply is no greater.

ukcarper

phil_b wrote: »

Establishment of the area?

There are amazingly still some towns where the chav infected havnt broken in and spread their seed, and those areas rightly command a higher price. It still essentially comes down to supply and demand though I guess, demand in good areas is higher but supply is no greater.

Neither town is particular bad for chaves but one is much nicer and has better transport links. Employment prospects are pretty much the same and obviously the mortgage offers are the same so the only thing that effects the price is that fewer people want to live there.
So as you say supply and demand