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Debate House Prices


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Halifax Hpi September 2010 -3.6%

1353638404166

Comments

  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    LauraW10 wrote: »
    We have to judge the Tories on their record not the fantasy you are imaging up for yourself here.

    The truth - the Tories have been in power for a few months and property is crashing the most on record. FACT.

    Some would say thats not a bad thing and indeed, required for the economy to recover before things get better. Remember, the coalition throught their campaigning warned it was going to get much worse before it got better.

    The fact that it doesnt fit in with your retirement plan, that I was right and you were wrong on the whole house price discussion is mildly amusing though.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    edited 7 October 2010 at 3:51PM
    LauraW10 wrote: »
    You can suggest what you like. The truth is the truth - the Tories have caused a massive property crash because they have massively damaged consumer confidence.
    LauraW10 wrote: »
    What? It's normal for consumer's to have no confidence?
    I might have to agree with that - it's normal for consumers to have no confidence living under a Tory government!

    http://www.nationwide.co.uk/NR/rdonlyres/FDDD95C7-C0DD-4A06-A791-20F8C94F5F72/0/ConsumerConfidenceAugust2010.pdf
    The Expectations Index saw the biggest increase in August, rising by seven points to 84. This follows a fall of 43 points in the five months from February 2010.

    It doesn't join up

    fail.jpg
  • ILW
    ILW Posts: 18,333 Forumite
    LauraW10 wrote: »
    What? It's normal for consumer's to have no confidence?
    I might have to agree with that - it's normal for consumers to have no confidence living under a Tory government!

    There is nothing normal in expecting house prices to double every 6 or 7 years.
    There is nothing normal in expecting the government to go on spending way more than it is taking in year on year.
    Things were so badly managed that when reality finally hit, it caused all sorts of problems that could have been avoided.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    LauraW10 wrote: »
    You can suggest what you like. The truth is the truth - the Tories have caused a massive property crash because they have massively damaged consumer confidence.

    Oh purlease.

    I take it the tories can take the credit for the rise in the nationwide & land registry figures then?
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    LauraW10 wrote: »
    Unlike the Tories who have only been in power 5 minutes and have provoked the biggest drop in property prices on record?

    By doing what?
  • Oh purlease.

    I take it the tories can take the credit for the rise in the nationwide & land registry figures then?


    thick as pigs poo these bulls
    Maidstone Prices - average reductions at 8.5% (£19,668) Feb 2012 - We thought the dudes were not allowed to drop prices?
  • LauraW10
    LauraW10 Posts: 400 Forumite
    mbga9pgf wrote: »
    Some would say thats not a bad thing and indeed, required for the economy to recover before things get better. Remember, the coalition throught their campaigning warned it was going to get much worse before it got better.

    The fact that it doesnt fit in with your retirement plan, that I was right and you were wrong on the whole house price discussion is mildly amusing though.

    Why make things personal?

    I don't actually care about property prices but only an idiot wouldn't have worked out that a fall in property prices will destabilize the banks.

    .....but there is no doubt not GO (and his ilk) is an idiot!
    If you keep doing what you've always done - you will keep getting what you've always got.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    mbga9pgf wrote: »
    are conservative ideals, you need to re-appraise the history books.
    yes quite... Ted Heath's Government and the economic crisis he caused... the Falklands War... Right to Buy.... de-regulation of the City in the late 1980s... and let's not even mention John Major... no wait that wasn't your beloved Tories, that was those bl00dy socilaists
    mbga9pgf wrote: »
    Lunacy, megalomania and complete arrogance of the type that can only come from a socialist.
    Margaret Thatcher was not a socialist
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    LauraW10 wrote: »
    What? It's normal for consumer's to have no confidence?
    I might have to agree with that - it's normal for consumers to have no confidence living under a Tory government!

    Perhaps if they hadnt believed the previous 13 years of labour bullsh*t, expecting prices to rise year on year and creating an expectation that living on the plastic is a sustainable way to go forward, consumer confidence wouldnt have got out of kilt with fundamentals.
    But with you being a socialist, I take it that point has been lost on you?

    Whats the matter, bitter about a pending cut to your public sector/bbc non-job? Get over yourself love.
  • ILW
    ILW Posts: 18,333 Forumite
    Fro LauraW10 slightly odd views, I would guess she is either a public sector worker or a professional claimant.
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