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Debate House Prices


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House prices could fall by 25% amid new lending rules

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Comments

  • RDB
    RDB Posts: 872 Forumite
    StevieJ wrote: »
    To be honest that is fairly obvious, is he saying the Gold bubble is about to burst icon7.gif

    Or did you mean houses on the way down and gold is still on its way up.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    RDB wrote: »
    Or did you mean houses on the way down and gold is still on its way up.

    House prices have had a correction.
    '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 Thatcher
  • vaporate
    vaporate Posts: 1,955 Forumite
    Hope it does. Give greedy Brits something to worry about lmao.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • Harry_Powell
    Harry_Powell Posts: 2,089 Forumite
    "House prices could fall by 25%" or they couldn't. Yep, that just about covers it.
    "I can hear you whisperin', children, so I know you're down there. I can feel myself gettin' awful mad. I'm out of patience, children. I'm coming to find you now." - Harry Powell, Night of the Hunter, 1955.
  • RDB
    RDB Posts: 872 Forumite
    StevieJ wrote: »
    House prices have had a correction.

    Or a bull trap on the way from overvalued to undervalued?
  • vaporate
    vaporate Posts: 1,955 Forumite
    Houses are over-priced.

    hammer away.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • Harry_Powell
    Harry_Powell Posts: 2,089 Forumite
    Ferrari's are overpriced.

    hammer away
    "I can hear you whisperin', children, so I know you're down there. I can feel myself gettin' awful mad. I'm out of patience, children. I'm coming to find you now." - Harry Powell, Night of the Hunter, 1955.
  • poppingjay
    poppingjay Posts: 73 Forumite
    Part of the Furniture 10 Posts Photogenic Name Dropper
    Ferrari's are overpriced.

    hammer away

    Ferrari's aren't essential to life, unlike shelter.

    In a civilised society an affordable roof over your head isn't too much to ask, personally I think amassing rafts of properties is a bit 'weird' unless you are a housing association. I imagine that comment will offend some, but hey if the cap fits....

    Homes in my humble opinion aren't fair game for speculation.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    poppingjay wrote: »
    In a civilised society an affordable roof over your head isn't too much to ask,

    And an affordable roof over your head is available now. Rents are at historical lows.

    There is no god given right for everyone to own a house. It's never happened before, and it won't now either.
    “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”
  • Yeah, then you could buy a penthouse with one of your credit cards.

    :rotfl:
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