We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Houses prices to SOAR in 2011
shupufski_2
Posts: 96 Forumite
Property Experts predict that far from falling house prices will in fact SOAR in 2011.
Back in 2007 during the boom times for easy credit, self certified loans and a large number of transactions house prices SOARED.
Now, in 2011, despite the removal of easy credit, self certified loans and a drastic reduction in the number of transactions house prices will once again SOAR.
Extra low interest rates for mortgage holders will mean that no one has to sell any house that they don’t want to. Sellers will restrict supply of homes to actively prevent transactions occurring at low values. No one will sell at a lower value as all buyers are able to pay more given the current lending rules. Don’t forget those lovely, lovely low interest rates that you can borrow on!
Despite rising unemployment, no one will have to move to find work unless they can get the right price for their house. Sellers can happily sit tight in the knowledge that by doing so they will protect the value of their homes.
The increasingly desperate buyers, despite being unable to borrow large sums, will still be forced to find the money from somewhere to meet seller’s valuations. And pity those that can’t because they will continue pay higher and higher rents instead. It’s a WIN WIN! (Insider note: the government is hastily erecting warehouses all over the UK to house those who won’t pay the higher rent in order to substitute them with far more willing and pliable immigrants who turn up with loads of cash.)
The solid confident outlook for the economy that is sweeping across the UK will support the sentiment that buyers will do whatever it takes to buy those rare properties that they really want. Sellers can sit at home, sip wine, and contemplate their mastery over the market and wait expectantly for the boom times to return. All they need to do is crush the volume of transactions and push up those values!
Those EA’s that survive this period will find themselves in high demand. As the true house price champions they will have proven their resilience and be able to increase their fees! Sellers will gladly hand over higher rates for these proven heroes as the cost will be willingly met by desperate buyers.
And don’t worry about inflation eating into your earnings what with petrol prices reaching a record means that house prices can’t be far behind!
These really are the best of times!
Can’t you feel the euphoria all around?!
Back in 2007 during the boom times for easy credit, self certified loans and a large number of transactions house prices SOARED.
Now, in 2011, despite the removal of easy credit, self certified loans and a drastic reduction in the number of transactions house prices will once again SOAR.
Extra low interest rates for mortgage holders will mean that no one has to sell any house that they don’t want to. Sellers will restrict supply of homes to actively prevent transactions occurring at low values. No one will sell at a lower value as all buyers are able to pay more given the current lending rules. Don’t forget those lovely, lovely low interest rates that you can borrow on!
Despite rising unemployment, no one will have to move to find work unless they can get the right price for their house. Sellers can happily sit tight in the knowledge that by doing so they will protect the value of their homes.
The increasingly desperate buyers, despite being unable to borrow large sums, will still be forced to find the money from somewhere to meet seller’s valuations. And pity those that can’t because they will continue pay higher and higher rents instead. It’s a WIN WIN! (Insider note: the government is hastily erecting warehouses all over the UK to house those who won’t pay the higher rent in order to substitute them with far more willing and pliable immigrants who turn up with loads of cash.)
The solid confident outlook for the economy that is sweeping across the UK will support the sentiment that buyers will do whatever it takes to buy those rare properties that they really want. Sellers can sit at home, sip wine, and contemplate their mastery over the market and wait expectantly for the boom times to return. All they need to do is crush the volume of transactions and push up those values!
Those EA’s that survive this period will find themselves in high demand. As the true house price champions they will have proven their resilience and be able to increase their fees! Sellers will gladly hand over higher rates for these proven heroes as the cost will be willingly met by desperate buyers.
And don’t worry about inflation eating into your earnings what with petrol prices reaching a record means that house prices can’t be far behind!
These really are the best of times!
Can’t you feel the euphoria all around?!
0
Comments
-
As I always say.
Farming union - lamb prices to rise
Fang the hamster - sunflower seed availability to increase
Hamish McDoodar - my sanity will return in 20130 -
Satire?
Really?Long live the faces of t'wunty.0 -
Can you link to this news?0
-
0
-
So where are these warehouses ?(Insider note: the government is hastily erecting warehouses all over the UK to house those who won’t pay the higher rent in order to substitute them with far more willing and pliable immigrants who turn up with loads of cash.
:rotfl:
Surely this would be all over the news, or do you have "insider" knowledge & where are you "inside" ?0 -
-
Worth pinning.0
-
0
-
THE_GHOULISH_CODPIECE wrote: »Worth pinning.
Are you doubting me or supporting me, oh masterful inspiration?0 -
Hell's bells, my computer clock has gone on the blink. It's showing today as December 17th 2010 when, obviously, it's April 1st.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.7K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards