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Debate House Prices
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Property market falling into a coma
Comments
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This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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If the property market of the last decade is dying, good riddance to it. Greed and money grabbing by doing nothing more than buying and selling the same ever increasing over priced asset to each other. The irony is only the banks made huge money and they p1ssed it up the wall.
Look at Ireland for ultimately what happens when you take this charade to it's conclusion.Have owned outright since Sept 2009, however I'm of the firm belief that high prices are a cancer on society, they have sucked money out of the economy, handing it to banks who've squandered it.0 -
The paranoia of the ghouls is astounding. I really think the majority of them are mentally sick.Don`t forget the anti-spin.
BBC Teletext today - LR figures demoted to half way down the second page. Had it been a rise, it would have been on the first page, probably first or second item.
I don`t know if the LR figures were mentioned on the news, as I didn`t watch it.0 -
LR = Deja Vu, although they are more accurate they are reflecting the situation 3 months ago as told by Haliwide. I like the way you try to promote the drops at the double
Teletext states that the LR figures show a fall of 0.8% October, that was last month, not three months ago.
I don`t like the way you try to dismiss this news.30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0 -
Teletext states that the LR figures show a fall of 0.8% October, that was last month, not three months ago.
I don`t like the way you try to dismiss this news.
I meant 4 months ago, time lag from completion to LR registration.
I don't like the way you include this news twice, once when the sale is made and then when the sale is registered '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 Thatcher0 -
THE_GHOULS_OF_GREED wrote: »The paranoia of the ghouls is astounding. I really think the majority of them are mentally sick.
odd assumption, some people think that house prices will go up, others think they will go down, if you think they will go up your 'normal' but if you think they will go down your a paranoid ghoul who is mentally sick.
Despite the fact that most of the evidence is pointing to a weak market that is on the way down.Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
I meant 4 months ago, time lag from completion to LR registration.
I don't like the way you include this news twice, once when the sale is made and then when the sale is registered
I don`t like the way you keep changing your mind about the time period these figures relate to.
They are negative, and they are being shown on BBC teletext today.
I expect many people don`t like the negative house price figures. Me ? I`m not much fussed. I`ve bought my house, so it doesn`t make much difference to me. I would prefer prices to be a little lower, as I think current prices are unhealthy for the wider economy.
Bet you don`t like that either.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 like the way you keep changing your mind about the time period these figures relate to.
They are negative, and they are being shown on BBC teletext today.
I expect many people don`t like the negative house price figures. Me ? I`m not much fussed. I`ve bought my house, so it doesn`t make much difference to me. I would prefer prices to be a little lower, as I think current prices are unhealthy for the wider economy.
Bet you don`t like that either.
No mortgage to speak of here and still require somewhere to live,so house prices are not top of my worry list, just like to see things reported in context.'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 Thatcher0 -
No mortgage to speak of here and still require somewhere to live,so house prices are not top of my worry list, just like to see things reported in context.
Fair enough.
Is the report that the LR figures show the average house price fell by 0.8% in October out of context ?
"Property market falling into a coma" is the thread title, I`d have thought that data from the LR, relating to property prices last month is in context.30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0 -
Despite 1/2% interest rates and enough spin to wrap Nelson's column, the property market is dying by the month.
http://www.bbc.co.uk/news/business-11862428
And the public sector layoffs, housing benefit cuts and interest rate rises have not even started!
I really wonder what planet the bulls are on. I can only hope they wear bright yellow jackets when crossing the road.
Surely its because of 1/2% base rates that the property market is 'dying'?
We have 0.5% rates for a reason (I'm sure I dont need to point these reasons out) and its when we see rate rises we will see a recovery in the housing market, simply because the underlying reasons for 0.5% interest rates to exist will have lessened/gone and the economy (and the banks financial accounts) will be well and truly on the way to recovery.
I could be wrong though.... I'm happy to debate the point. 0
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