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Debate House Prices
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Here`s the thing......
Comments
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HAMISH_MCTAVISH wrote: »Utter tosh.
And more to the point, dangerous tosh, as the muppets on hpc are only now discovering.
If it was all about credit expansion in the last 2 decades, there would be a Car price bubble.
If it was all about credit expansion in the last 2 decades, there would be a Rolex price bubble.
Jesus Hamish.
Come on Lad! Comparing these 2 things to house prices and credit is pretty dire.
They just make more if demand increases, and theres competition between manufacturers....neither of which exist in the housing market.
Deary me.
The rest of your post ignores interest rates and stimulus. It's hardly a natural market out there...is it, you'd have to admit.0 -
Graham_Devon wrote: »Out of interest, what was actually said?
The wishing death on people came from ghouls. The same person who's putting HPC up with terrorists blowing people up.
I realise its got some excited, but there is no reference to what was said?
May have been exactly that, but I'd like ot know what was actually stated? Or is it a case of it being just more slander?
doire didn't crown himself in glory
http://forums.moneysavingexpert.com/showpost.php?p=39091366&postcount=2This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
doire didn't crown himself in glory
http://forums.moneysavingexpert.com/showpost.php?p=39091366&postcount=2
That's not HPC.
I dunno what was said, but I'm wondering if words have been changed and slander used which is now being extended by better posters on this forum.0 -
doire didn't crown himself in glory
http://forums.moneysavingexpert.com/showpost.php?p=39091366&postcount=2
To be fair to doire it was abraxas, also the phantom thanker was there too.'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 -
Graham_Devon wrote: »Jesus Hamish.
Come on Lad! Comparing these 2 things to house prices and credit is pretty dire.
Not at all, as you're about to prove for me.
They just make more if demand increases, and theres competition between manufacturers....neither of which exist in the housing market.
BINGO!!!!!
We have a winner.
Supply and demand. There is nothing else.“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 -
HAMISH_MCTAVISH wrote: »Not at all, as you're about to prove for me.
BINGO!!!!!
We have a winner.
Supply and demand. There is nothing else.
But there is, cus you were talking supply and demand of credit a minute ago, which, after a poster has commented on it, you've shortened to supply and demand.
Stance, change, again 0 -
HAMISH_MCTAVISH wrote: »Not at all, as you're about to prove for me.
BINGO!!!!!
We have a winner.
Supply and demand. There is nothing else.
Was that a bear trap
'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 -
Graham_Devon wrote: »But there is, cus you were talking supply and demand of credit a minute ago, which, after a poster has commented on it, you've shortened to supply and demand.
Stance, change, again
He has always said that the only way to bring down house prices is to build more.'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 -
He has always said that the only way to bring down house prices is to build more.
Actually, what I've always said is that the only way to bring down house prices for the long term is to build more houses.
Short term, you can of course temporarily impact prices with mortgage restrictions but this cannot prevent HPI, it can only delay it.“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 -
Graham_Devon wrote: »But there is, cus you were talking supply and demand of credit a minute ago, which, after a poster has commented on it, you've shortened to supply and demand.
Stance, change, again
Sorry Graham, I'll have to quote myself from the earlier post.HAMISH_MCTAVISH wrote: »Utter tosh.
And once again....As always, it is all about supply and demand. There is nothing else.
Credit is a component of effective demand, but mortgage restrictions can never prevent HPI where a genuine shortage exists. They can only delay it.
The main driver of house prices in Britain is a crippling supply shortage, combined with immense population growth. Always has been. The credit argument is a bear myth that has been well and truly busted.
Do at least attempt to read the whole post and understand it before you try to pick holes...
“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
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