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Debate House Prices
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House prices could fall by 25% amid new lending rules
Comments
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Graham_Devon wrote: »They actually say house prices.
The "real" part has only entered the arena in the last couple of months, when falls have started and seems to be the be all and end all to some
Before these falls, real prices were never mentioned. so long as the line on the graph reached the same position it was at peak, that's all that mattered.
We need a new set of rules me thinks.
Who says house prices as opposed to real house prices? They would have to be real numpty to believe that
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
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Do what? Oh I see. Got a bit of a clever clogs in the house.
Basics first. Ignoring all the inflation stuff the ticket price will of course reach and surpass the previous heights at some stage. That's bleeding obvious.
But the inflation thingy real time whatever. Well, probably. After all in the future there will be crazy lending and crazy bubbles again. There always is. And a new generation will be saying "look Grandad, we can make a fortune out of BTL" and we will probably shake our heads.
PWC appear to give a 100% chance that REAL (inflation adjusted) house prices will be back above 2007 levels by 2020, as I said sounds bullish to me.That slump could be prolonged, PricewaterhouseCoopers has warned. It said there was a 70 per cent chance that the real cost of a property in 2015 would be below that in 2007 and a 50 per cent chance that it would take until 2020 for the market to surpass its previous peak.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Do you mean 'bullish' or are you trying to use the other word and get round the obscenity checker? I wouldn't particularly take much notice of a 2020 prediction. I'm still waiting for Tomorrow's World life of leisure stuff to come true.PWC appear to give a 100% chance that REAL (inflation adjusted) house prices will be back above 2007 levels by 2020, as I said sounds bullish to me.0 -
PWC appear to give a 100% chance that REAL (inflation adjusted) house prices will be back above 2007 levels by 2020, as I said sounds bullish to me.
As I said if the housing bulls are starting to say that this article is bullish then I would hate to see one they call bearish.
The title is "House prices could fall by 25% amid new lending rules may"
" It said there was a 70 per cent chance that the real cost of a property in 2015 would be below that in 2007 "
You think thats BULLISH?
What if someone said gold and silver real prices will be worth less than 2007 prices in the next 5 to 10 years?
I wonder how many people would think thats bullish about gold and silver?
Did you see this one SteveJ
https://wealthcycles.com/video/catching-wave
Im interested what you think of it?0 -
Do you mean 'bullish' or are you trying to use the other word and get round the obscenity checker? I wouldn't particularly take much notice of a 2020 prediction. I'm still waiting for Tomorrow's World life of leisure stuff to come true.
I agree but it is the subject of this thread 'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
As I said if the housing bulls are starting to say that this article is bullish then I would hate to see one they call bearish.
The title is "House prices could fall by 25% amid new lending rules may"
" It said there was a 70 per cent chance that the real cost of a property in 2015 would be below that in 2007 "
You think thats BULLISH?
What if someone said gold and silver real prices will be worth less than 2007 prices in the next 5 to 10 years?
I wonder how many people would think thats bullish about gold and silver?
Did you see this one SteveJ
https://wealthcycles.com/video/catching-wave
Im interested what you think of it?
That suggests a 30% chance that real prices will be above 2007 levels by 2015, and a 100% chance by 2020, you won't find many bullish posters on here that would be that confident 'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
That suggests a 30% chance that real prices will be above 2007 levels by 2015, and a 100% chance by 2020, you won't find many bullish posters on here that would be that confident
I wouldnt say so soon. But that is exactly what I am saying. We are on our way from overvalued houses to undervalued but will then start on the journey to overvalued again.
What did you think of the link?
https://wealthcycles.com/video/catching-wave0 -
I wouldnt say so soon. But that is exactly what I am saying. We are on our way from overvalued houses to undervalued but will then start on the journey to overvalued again.
What did you think of the link?
https://wealthcycles.com/video/catching-wave
To be honest that is fairly obvious, is he saying the Gold bubble is about to burst 'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
Well there always was a 50% chance I would veer off topic. This discussion has been closed.
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