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Debate House Prices


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June Home Sales Rise by 21%

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Comments

  • Strings
    Strings Posts: 150 Forumite
    nearlynew wrote: »
    As I suspected.

    Without your beloved "equity", you have nothing.

    Yet you expect someone who doesn't own a house to have a deposit to buy your overpriced house.


    Not at all, I was merely pointing out how ridiculous the situation is, and why rental properties might become more popular given the yields that you can make.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I like this thread.
    “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”
  • Herbie_Hancock_I_wish
    Herbie_Hancock_I_wish Posts: 316 Forumite
    DaddyBear wrote: »
    Our old next door neighbours did this. Still on the Market 3 years later at 25% the original asking price. Their greed and stupidity has cost them about £100,000.

    I don't know why, but when it comes to houses British people turn into money crazed lunatics.

    Don`t think they did mate. Until Gordon changed his mind and let the housing market get out of control. Pension raiding and low wage inflation.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I still like this thread.
    “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”
  • FTBFun
    FTBFun Posts: 4,273 Forumite
    Herbie_Hancock_I_wish wrote: »
    Don`t think they did mate. Until Gordon changed his mind and let the housing market get out of control. Pension raiding and low wage inflation.

    Sorry - how did he "let" the housing market get out of control?

    I've never voted Labour before you throw that back in my face.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Yep, still liking the thread.
    “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”
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    DaddyBear wrote: »
    Our old next door neighbours did this. Still on the Market 3 years later at 25% the original asking price. Their greed and stupidity has cost them about £100,000.
    <sarcasm>3 years??? they sound really desperate and sounds that they really need to sell.<sarcasm>
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