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Debate House Prices
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Most are finding life far worse, so what do we need, higher house prices!!
Comments
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Graham_Devon wrote: »Ahhh, so your issue is understanding the term "want to".
Good night Graham :whistle::wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
RenovationMan wrote: »Are there? According to what I hear on this board, everyone is debted up to the eyeballs and one interest rate rise away from armageddon! :eek:
I know I am.
Figures quoted in the media suggest that savers outnumber borrowers by 6 or 7 - 1.
The problem with low interest rates is that savers have less money to spend and borrowers pay off their debt rather than spending money.
We continuously hear that low interest rates are needed to boost the economy whereas in fact the opposite is true .....0 -
RenovationMan wrote: »Are there? According to what I hear on this board, everyone is debted up to the eyeballs and one interest rate rise away from armageddon! :eek:
I know I am.
Hope you are not mate.0 -
HPI and low interest rates is what I want.
My house is my pension. The more money I get from it the better. The interest payments being so low is also fantastic.
Why on earth would I want to see my house drop in price or rates rise?
Its a good thing we didnt have a crash. Given a choice I prefer me being the winner. I suppose to e honest I dont care about anyone else.
I still say you can get anything if you really want it. The bears should stop moaning and get out there and do a days graft instead of sitting on here.We love Sarah O Grady0 -
not unreasonable stuff Sibs, perfectly honest and no spurious EA-style 'analysis' but see my edits to make it a little bit more accurate.HPI and low interest rates is what I want.
My house is my pension. The more money I get from it the better for me. The interest payments being so low is also fantastic for me.
Why on earth would I personally want to see my house drop in price or rates rise?
Its a good thing for me we didnt have a greater than 10-15% crash so far. Given a choice I prefer me being the winner. I suppose to e honest I dont care about anyone else.
I still say you can get anything if you really want it. In my [very] humble opinion [which, it must be said, isn't worth a great deal] The bears should stop moaning and get out there and do a days graft instead of sitting on here.FACT.0 -
Apart from a few HPI worshipers on this forum, you might find that more people than you think would not be too fussed about lower house prices. In fact, many parents (who are already homeowners) might welcome lower prices.
I would agree with this statement. I own my home outright. I really don't mind if the value falls - it is my home not part of my investments or my pension. I would rather see affordable housing for when my daughter (18 just now) wants to buy.0 -
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30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0
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RenovationMan wrote: »Nah, I use cheap credit to further my life ambitions but I am always in firm control of my finances.
Not quite total control though.
You have to make payments to your lenders, otherwise there may be problems.
If you saved money to buy stuff (thus wrecking the economy
), you would have more control, as no lender is expecting monthly payments. 30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0 -
Graham_Devon wrote: »Stop being stupid stevie.
People have problems with those who have mortgages themselves to the hilt, and then claim SMI payments, from taxpayers.
Over half of the total people in receipt of SMI, were over 50.
There is going to be an element of remortgaging and remortgaging that has got these people in trouble, and now claim from the taxpayer.
People have issues with debt being seen as wealth. I have never once seen someone suggest that people who can afford to remortgage, and simply pay their new mortgage payment are an issue.
If you wish to talk absolute nonsense, then thats fine, but don't direct that nonsense at people you obviously take issue with.
I have never once noticed anyone differentiate when they are attacking the people who have MEWed in the past, perhaps you could find me an example.'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
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