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Halifax Hpi September 2010 -3.6%

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Comments

  • DervProf
    DervProf Posts: 4,035 Forumite
    ILW wrote: »
    I would put money on public sector.
    Very little connection between value and salary.

    Very little connection with reality either.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I accept that a Tory Government would have not spend so much but would they have done anything to prevent HPI.
  • nembot
    nembot Posts: 1,234 Forumite
    Nominal growth in line with inflation is fine, let us get to where prices should be and things will be hunky dory.

    It's nowhere near todays prices.
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    Probably not, and to be honest, Tory Bears need to accept that. However, the tories are more accepting of the natural state of affairs, of financial cycles, and we wouldnt have seen all those artificial props thrown in the way like Labour did in 2008-2010. We would have had the crash done and dusted now, potentially be 30% off peak, but the crash would have been over.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    edited 7 October 2010 at 4:32PM
    DervProf wrote: »
    The fault lies with whoever made consumers over-confident previously. The over confident person will often be dissapointed when their confidence isn`t realised.

    The realistic person will probably lead a reasonably happy life.

    Not the ones I know, realistic often morphs into pessimistic and even more often, miserable.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    I'm a right miserable git but I'm happy.
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • DervProf
    DervProf Posts: 4,035 Forumite
    Torchboy wrote: »
    As a FTB I'm delighted with today's news. All things considered I think I may hold off buying for at least another 6 months and allow further price drops to materialise.


    See, it isn`t such bad news. If and when Torchboy buys his first home, he`ll spend money on decorating, TV(s), furniture etc. The less he has to pay for his home, the more he`ll spend in the wider economy.

    All this talk of a HPC causing massive unemployemnt is just propaganda from the "I`ve got my retirement fund invested in property" brigade.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • DervProf
    DervProf Posts: 4,035 Forumite
    StevieJ wrote: »
    Not the ones I now, realistic often morphs into pessimistic and even more often, miserable.


    Only because the realists can see what a mess the optimists are making of everything. The optimist will live and spend for today, as "something will turn up tomorrow" to pay for it.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • ILW
    ILW Posts: 18,333 Forumite
    ukcarper wrote: »
    I accept that a Tory Government would have not spend so much but would they have done anything to prevent HPI.

    To be honest, I don't know.
    Going on the first few months of this lot though, they do seem to be quite realistic and are prepared to bit the bullet.
  • ILW
    ILW Posts: 18,333 Forumite
    nearlynew wrote: »
    I'm a right miserable git but I'm happy.

    Can I have your permission to put that on a tee shirt?
This discussion has been closed.
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