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Debate House Prices
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FTB's "Missing Deal Of A Lifetime"
Comments
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pmsl??????undetterred wrote: »pmsl if need this spelling out then you would'nt understand.0 -
bank of mum and dad would have gone on then too - the answer for me is that tougher lending criteria now takes a bigger slice of buyers out of the equation so the calculation subset is smaller.
I suggest that BOMAD is shelling out more £, and more often than back in 1990.
If tougher lending criteria is here to stay, I wonder what the outcome will be ?
And what`s wrong with the requirement for a 10%+ deposit anyway ? If we gradually go back to 100%(+) mortgages, then they will become the norm. I think that`s dangerous territory.30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0 -
i don't think anyone made that point - if anything that would indicate house prices should be lower right now.
I didn`t state that anyone did make that point. I used the word "if".30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0 -
only people that can afford to buy will be able to buy...I suggest that BOMAD is shelling out more £, and more often than back in 1990.
If tougher lending criteria is here to stay, I wonder what the outcome will be ?
And what`s wrong with the requirement for a 10%+ deposit anyway ? If we gradually go back to 100%(+) mortgages, then they will become the norm. I think that`s dangerous territory.0 -
only people that can afford to buy will be able to buy...
Well done.
And isn`t that the way it should be ?
Oh, and I`ll also say that another outcome could be that vendors have to lower their asking prices.30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0 -
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that's the way i've always seen it - some see it as their right to be able to buy a property. i don't...And isn`t that the way it should be ?
it could be - that always depends on how many forced sellers there are out there at the timeOh, and I`ll also say that another outcome could be that vendors have to lower their asking prices.0 -
If tougher lending criteria is here to stay, I wonder what the outcome will be ?
A generation locked out of property ownership, as investors with equity/cash to leverage take advantage of the steadily rising rents that are an inevitable consequence of population growth when housebuilding doesn't keep up.And what`s wrong with the requirement for a 10%+ deposit anyway ?
Nothing. So long as rates for 10% deposits are competitive, whereas just now the banks are shamelessly profiteering on them.“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”0 -
oh dear - you get even more stupid by the post... hard to do but you're getting there...Graham_Devon wrote: »Sometimes, just sometimes, your genius just astounds me.
You can even shoot both feet at the same time!
In a min you will be back on to the reason people can't afford homes is because of restrictive lending
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