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Debate House Prices
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So if the average FTB age is 37......
Comments
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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.
Really.
If your buying or looking to buy now, does it really matter what the price was 3 1/2 years ago.
In my opinion, you need to stop looking in the past and assess what your current status is. You may factor in what you think may happen in the future to affect your decision (relatively uncertain) but the past makes no difference.:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
IveSeenTheLight wrote: »For me, transaction levels compared to a "normal functioning market" is immaterial.
What is a "normal functioning market" in todays terms?
Its been made pretty clear that transaction levels matter greatly when deciding what a house is actually worth.IveSeenTheLight wrote: »Really.
If your buying or looking to buy now, does it really matter what the price was 3 1/2 years ago.
Did someone suggest otherwise.IveSeenTheLight wrote: »Really.
In my opinion, you need to stop looking in the past and assess what your current status is. You may factor in what you think may happen in the future to affect your decision (relatively uncertain) but the past makes no difference.
Again, who said otherwise?
You may have missed the point of the OP however.
And indeed the every other bulltroll contribution repetatively harking back to 2004, 2005 etc.0 -
Still, the point remains, the house price boards are full of people in their late 30's or early 40's who seem to have rather spectacularly missed out on the biggest buying opportunity in a generation.....
It is nice to see you post a sensible thread Hamish. :T'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
I am late 20's, and saving for a deposit for my first place.
I am a graduate in a non-graduate job. I have travelled. I haven't sponged off my parents, I've lived independently for 10 years and done lots of voluntary work.
Ashamed that I am not a FTB yet? No way!GOAL: To save £9,500 this year. [31/01/11: £1104.37/9,500
- 11.6%]
WHY: Deposit, FTB.
HOW: Micromanaged my spending - no more £1 here's £1 theres ...0 -
You referred that the peak price was relevantDid someone suggest otherwise.
Again, who said otherwise?Originally Posted by geneer
Well the salient point is that your assertion that peak prices don't matter is poppycock:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
IveSeenTheLight wrote: »You referred that the peak price was relevant
You didn't answer my questions lite.IveSeenTheLight wrote: »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.
Just so we're all clear who said what.
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Out,_Vile_Jelly wrote: »Buying in your 20s clearly makes sense if you are fortunate enough to be absolutely certain of your career, location and life partner. Lucky you if that all falls into place while you're young.
Or indeed fortunate enough to have been forced to settle into the daily grind at 18 and happy to latch onto the first filly that makes eyes at you.
Not something everyone aspires to.0 -
You didn't answer my questions lite.
Just so we're all clear who said what.
Oh lord, I'm not going to go round and round the houses with you.
I said the peak price was irrelevant unless you actually bought at that time, you said that was poppycock.
I know what I said and standby it. the past is largely irrelevant, you need to look at the current.
Indeed by your previous reconning the peak (average) should not be looked at because it's an average.
Good night and goodbye sir.:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
IveSeenTheLight wrote: »Oh lord, I'm not going to go round and round the houses with you.
Yet here you are.IveSeenTheLight wrote: »I said the peak price was irrelevant unless you actually bought at that time, you said that was poppycock.
Correct.IveSeenTheLight wrote: »I know what I said and standby it. the past is largely irrelevant, you need to look at the current.
:rotfl::rotfl::rotfl:How about we run a search for "2004" and see how irrelevant the past is to the bulls.IveSeenTheLight wrote: »Indeed by your previous reconning the peak (average) should not be looked at because it's an average.
I think not.
Toodles.IveSeenTheLight wrote: »Good night and goodbye sir. 0
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