So if the average FTB age is 37......

geneer

IveSeenTheLight wrote: »

How long is a "while longer"?
The peak was in 2007, coming up for 4 years ago.
How much longer is a "while longer"?
Why compare to peak? It's such a short timeframe.

If you bought in 2005, would you be worse off now?
If you bought at the beginning of 2009, would you be worse off now?
The peak is irrelevant unless you actually bought at that time.

Yawn.
Yes Lite. The peak you never saw coming is irrelevant.
:rotfl::rotfl::rotfl::rotfl:

IveSeenTheLight

geneer wrote: »

Gosh. Bulls who claim house prices haven't changed in their area.
Thats a teeny tiny club isn't it. :rotfl::rotfl::rotfl:

Facts that have and can be shown to be true.

geneer wrote: »

Yawn.
Yes Lite. The peak you never saw coming is irrelevant.
:rotfl::rotfl::rotfl::rotfl:

Give it a break geneer.
You missing me?

At least make a saliant point that can be responded to.

System

FTBFun wrote: »

Tax evasion. How lovely.

Meh, I know a lot of self employed people and if you think any of them declare everything you're nuts.

Long time ago I used to pay £8 for 5 windows which I'll be honest I thought was massive con, he did a block of 10 flats in about an hour and walked off with £80!

In the absence of a ladder and a death wish I never fancied doing it myself though.

Out,_Vile_Jelly

Conrad wrote: »

Why focus on the 1 in 100 chance of being repossessed when instead you can focuss on the 99 in 100 chance of retaining a home sucessfuly?

You're assuming it's the financial risks that are the sole reason many don't buy early. In my mid 20s I returned to the UK after a couple of years working abroad. What use was a mortgage to me when I had no idea which city in the UK I was going to live in, or if indeed I was going to stay in this country at all? I was weighing up serious career change commitments, including the possibility of a full time 5 year veterinary course. I had no interest in DIY or being a landlord. The only people I knew who were buying were getting married and settling down.

Thinking about it, in my experience there is a big difference between those who stayed in their home towns and those who went further afield to university. My friends in the latter category tended to travel, work abroad, do postgraduate study, do more temp jobs, live in London for a while, change their mind about their career direction and thus take longer to be in a position to want to settle. I'm not saying one lifestyle is "better" than the other, simply trying to explain how not everyone knows exactly what they want at the same stage in life.

Conrad

leveller2911 wrote: »

Well we have 24 sashes in our windows, 2 glazed doors and ours cost £8-00 for the whole house, take into account travelling between jobs (unless they are extremely lucky in getting every single house in the street) sorry M8 it just doesn't add up for me.It would take 30 minutes to do my house and we live in a small 3 bed semi .Do you all live in dolls houses there?.

I'm in East Sussex and its not cheap to live here..So where are you then Conrad?

Rural Hertfordshire - mainly detached houses and the going rate is £20.

Conrad

FTBFun wrote: »

Tax evasion. How lovely.

David Dimbleby seeking £3.5m from BBC - how nice.

Council workers here having months off with a broken leg whilst private co workers are back within days on crutches - how just.

Tony Benn owning £4m in property yet claiming he's into redistribution of wealth - how disingenious.

3 Asian Lords all found guilty of serious fraud - the 'punishiment' a 1 year ban!

Kirsty Wark of Newsnight paid £400k of tax payers money for na few days consultancy on the design of the new Scots parliament building - how fair??

AD9898_2

IveSeenTheLight wrote: »

Certainly in my VI area, house prices have practically stagnated for the last three years.
No crash and no HPI.

This maybe true and has been relatively true countrywide, the nub of the issue is how many properties have sold compared to a normally functioning market ?

Property isn't going to fall significantly in price unless sellers get desperate. With the help they've been given at the moment they can just sit tight.

If this help is permanent then anyone wanting significant falls is in for a long wait, if it's temporary, then of course things could be different.

geneer

IveSeenTheLight wrote: »

Facts that have and can be shown to be true.

Sure about that lite.

Can't remember there being much discussion about house prices in malaysia here.

And in the case of the "not up my street" bull collective, I very much doubt you've demonstrated the same, have you?

IveSeenTheLight wrote: »

Give it a break geneer.
You missing me?

There will be no favouritism here lite.
I love all my gals equally.

IveSeenTheLight wrote: »

At least make a saliant point that can be responded to.

Well the salient point is that your assertion that peak prices don't matter is poppycock, and that the compulsion to put forward such an argument (which lets face it comes in many different bull meme disguises) is laughably transparent.

Thanks for asking.

FTBFun

Conrad wrote: »

David Dimbleby seeking £3.5m from BBC - how nice.

Council workers here having months off with a broken leg whilst private co workers are back within days on crutches - how just.

Tony Benn owning £4m in property yet claiming he's into redistribution of wealth - how disingenious.

3 Asian Lords all found guilty of serious fraud - the 'punishiment' a 1 year ban!

Kirsty Wark of Newsnight paid £400k of tax payers money for na few days consultancy on the design of the new Scots parliament building - how fair??

Bar the Asian lords thing (what is this?) none of those are illegal. Tax evasion is.

It may be unfair, but life is unfair.

IveSeenTheLight

AD9898 wrote: »

This maybe true and has been relatively true countrywide, the nub of the issue is how many properties have sold compared to a normally functioning market ?

Property isn't going to fall significantly in price unless sellers get desperate. With the help they've been given at the moment they can just sit tight.

If this help is permanent then anyone wanting significant falls is in for a long wait, if it's temporary, then of course things could be different.

For me, transaction levels compared to a "normal functioning market" is immaterial.
What is a "normal functioning market" in todays terms?

If I was considering buying, I would be asking the following: -

1) Is the type, area and condition of the property I am interested available? (Supply)
2) What is happening in my vested interest area? Are prices rising, falling or stagnating?
3) What do I think the likely future will hold? Is it really worthwhile holding off and renting financially? How much of a decline do I need each month I rent?
4) How would delaying affect my family life? Are we happy to rent or would we prefer to have our own home.

Indeed, with transaction levels lower, it signifies fewer buyers, which in turn should make it easier to get the property, should one become available that fits your criteria.