House prices heading down not up

carolt

As we all know, and economists generally accept.

chucky

that's the attitude - never say die

Blacklight

Child.....

mramra

It's a convincing argument...:rotfl:

Rinoa

carolt wrote: »

As we all know, and economists generally accept.

Do house prices have to fall substantially to validate your decision to not to buy?

Graham_Devon

They are stagnating.

They are also rising.

They are rising in real terms. They are not falling.

A house that costs more is actually cheaper than the same house that costs less.

The falls are just noise. You have to look at the trend. The trend by the way starts when house prices started to rise and doesnt include any falls. That's just the way it is. Everything starts in feb 09, and thats just fact, shutup, you don't get it.

Debt IS wealth, don't ask me why, you won't understand.

House prices are rising, will rise forever more. It's the best time to buy, for you, not me.

Oh, yes, I predicted falls in 2010, and stagnation and rises, so I'm correct. But they are rising, I'm telling you, they are rising.

Malcolm.

carolt wrote: »

House prices heading down not up
As we all know, and economists generally accept.

Interesting proposition. Since I am part of we. It follows that I know the future. However I do not.
Conclusion. The proposition is false.

ess0two

Rinoa wrote: »

Do house prices have to fall substantially to validate your decision to not to buy?

Prices fell 20%+ last time with the country on its knees,its doubtful falls will get anywhere near this again.
So the same people will be left sat on the fence.

nembot

essOtwo?

Please explain, if you can.... why the BOE is keeping interest rates at 0.5% - if as you say, everything is fine.

Seriously, I'd really like to understand your thinking.

ess0two

Where do i say 'everything is fine',BOE bares no relevance to current interest rates set by the financial institutions.

Same old cribs,about 0.5% rates,only the minority are benefitting from this,the majority are paying 3%+,the same as before the reductions.

nembot

Reading between the lines, in a number of posts.

ess0two wrote:

Prices fell 20%+ last time with the country on its knees,its doubtful falls will get anywhere near this again.

When the economy can't cope with what would be classed as "normal" interest rates, the country is still on it's knees, as you put it.