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Debate House Prices
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Nationwide index +0.1% MoM
Comments
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wherediditallgothen wrote: »Because you are the epitome of quality posting after all.
God help us all if you ever learn to post in English.
lol - clutching at straws0 -
wherediditallgothen wrote: »Not at all.
This owning outright thing at the age of 30 is quite good after all.
Even if it means forgetting to pay your council tax?0 -
wherediditallgothen wrote: »Not at all.
This owning outright thing at the age of 30 is quite good after all.
Oh look, another one!
From having the bailiffs round to mortgage free in the space of a year, win the lottery?This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
positively, stagnation if ever I saw it, If you look at long term real house price trend, its sticking to the 2.9% annual growth like they were a match made in heaven.
If you look at the nationwide index annualised its 3.1%.
This is where house prices need to be, and this is where they will stay at around 3% per annum. This is while there are 3% per annum pay rises, and while we have inflation at around 3% CPI.
This is where we are at, if inflation goes up, and so too does wage inflation to say 4% then I assume house prices will increase to this level. If it is at a greater level, then we enter a new bubble. All house prices will be doing is keeping pace with other assets, and income.
People who are saying we need a crash are wrong... all we need is stability, stagnation, and some confidence returning back to the market, that a crash can't happen, if it can't happen post June 2007, and do much detrimental damage, then it will never happen.
Granted FTBs need a discounted property but they do not need a crash. Ie help from the government.
If prices rise quickly, then expect interest rates to rise... when confidence has returned interest rates will rise, to prevent a further bubble. They dont do anyone any favours, except get governments voted in again! They dont want HPI to shoot up until 2013 at least...Plan
1) Get most competitive Lifetime Mortgage (Done)
2) Make healthy savings, spend wisely (Doing)
3) Ensure healthy pension fund - (Doing)
4) Ensure house is nice, suitable, safe, and located - (Done)
5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)0 -
Even if it means forgetting to pay your council tax?
Yeah sorry. Forgot everyone else who posts on this forum is obviously perfect and beyond reproach. Set your goals high, and don't stop till you get there.
Bo Jackson0 -
to be fair to some of these clowns +0.1% isn't something for people to cheer about if their pro-HPI...Blacklight wrote: »I had a quick browse on HPC this morning as I like to see how people try and squirm out of their "-1.5% 100% guarnteed" posts 24hrs previous in the HPI forecast thread.
my main argument is that there won't be a crash as they predict and because i don't think there will be a crash i'm a HPI ramper - got to love the illogical logic of these numpties...0 -
this is the best one though
http://www.housepricecrash.co.uk/forum/index.php?showtopic=128817&st=1680
quote of the day
http://www.housepricecrash.co.uk/forum/index.php?showtopic=128817&st=1680
No !!!! sherlock0 -
Oh dear, where's the usual usernames to roll out their usual brand of doom spin?
Is this the start of 'the next leg down'? Is the crash 'gathering pace'?0 -
this is the best one though
http://www.housepricecrash.co.uk/forum/index.php?showtopic=128817&st=1680
quote of the day
http://www.housepricecrash.co.uk/forum/index.php?showtopic=128817&st=1680
No !!!! sherlock
Oh wow, that thread is golden.
"It's Nearly Over, The Dead Cat Bounce, jump to page 113" This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
Oh look, another one!
From having the bailiffs round to mortgage free in the space of a year, win the lottery?
I understand the logic and would normally jump to the exact same conclusion, but that's not how it is in this case. A student mrs and an 8 year old son who seemingly takes pride in destroying his school shoes on a regular basis empties ones pockets rather rapidly unfortunately.Set your goals high, and don't stop till you get there.
Bo Jackson0
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