House Prices Down 0.1%

brit1234

IveSeenTheLight wrote: »

What, that supply was greater than demand?

hasn't that reversed? Plus if it wasn't for record low interest rates repossessions would be massively increasing the supply.

IveSeenTheLight

brit1234 wrote: »

hasn't that reversed? Plus if it wasn't for record low interest rates repossessions would be massively increasing the supply.

It may be that it's the lowest form of wit, but it seems sarcasm sometimes is not appreciated
P.s. Are you championing for people to be kicked out of their homes?

brit1234

IveSeenTheLight wrote: »

It may be that it's the lowest form of wit, but it seems sarcasm sometimes is not appreciated
P.s. Are you championing for people to be kicked out of their homes?

"Sarcasm is the lowest form of wit...but the highest form of intelligence" to give you the full quote. However as I was not being sarcastic maybe you should look at your own intelligence.

I championing the market to be allowed to be free with out medling and stimulas. People make their own descissions. I don't see why we should prop them up and encourage more people into the same mess. All this does is make the problem worse.

chucky

brit1234 wrote: »

I championing the market to be allowed to be free with out medling and stimulas. People make their own descissions. I don't see why we should prop them up and encourage more people into the same mess. All this does is make the problem worse.

it was everything that you wanted it to be until 2007 but you weren't happy then were you - there's just no pleasing somebody.

ruggedtoast

If prices were to crash now, it would be in the face of such unprecedented government intervention, that the failure of that intervention could well be devastating.

I honestly dont think many of us reading this board would benefit much from an economic scenario where interest rates rocket, the bond market collapses, and bank assets become worthless and they cant even recapitalise from the government any more.

Back in 2007 we could have had a nice little house price crash, the bears could have picked up their detached 5 beds in Surrey off a distressed stockbroker for a fiver, and things may well be back to normal by now.

I think its gone too far for that now. Seriously worrying times iyam.

IveSeenTheLight

brit1234 wrote: »

"Sarcasm is the lowest form of wit...but the highest form of intelligence" to give you the full quote. However as I was not being sarcastic maybe you should look at your own intelligence.

No, I was the one who was being sarcastic by saying supply was greater than demand.
Nevermind, as I said, some people didn't appreciate the sarcasm

rickbonar

Halifax and Nationwide have different figures for the house price recovery.

While it is true asking prices are up; it is also true that selling prices remain flat and are in fact falling. Only the figures from the land registry can be taken as an accurate measure of current prices.

I suspect Mr Cameron will have to up interest charges so his rich patrons can not only lose less on their cash savings but also to accelerate house price re-possessions in order that gentlemen can buy large portfolios once they hit the bottom of the rollercoaster.

StevieJ

chucky wrote: »

because i couldn't be bothered to discuss it with you as it would 25 pages later and couldn't be @rsed.

my view is stagnation and i'm sticking to it for at least to the end of the year.

your predictions haven't been great so not sure how you can question others... :whistle:

That Chewbacca is a powerful tool in the wrong hands

chucky

StevieJ wrote: »

That Chewbacca is a powerful tool in the wrong hands

lol - the Chewbacca has been perfected brilliantly.

i'm still waiting for all of these forced sales that are goping to be pushing down house prices.

as i've said to Dopester until i see forced sales - i'm not in their team

benb76

are these seasonally adjusted figures? in which case any spring bounce rise will be factored in.