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Debate House Prices


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Why are there so many FOR SALE/ houses for sales, Popping up everywhere?

2

Comments

  • There will be pent up demand from people who need to move to larger homes as their families increase (or to new areas for work).

    The prices they ask for are probably what they need in order to move. Achieve much less and the move could be off.

    Potential FTBers can't get mortgages or do not want to commit just yet. Rental property is such a good standard that there is not much appetite to risk negative equity, a broken boiler, rising damp etc., - especially when unemployment and a Condem-inspired double dip recession is just around the corner.

    GG
    There are 10 types of people in this world. Those who understand binary and those that don't.
  • geneer
    geneer Posts: 4,220 Forumite
    Rush for the lifeboats.
    Writing is well and truly on the wall.
    Theres going to be no magic recovery.
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    There's very few properties available where I live (a very nice area). So when one does come on the market a heated bidding war inevitably ensues.

    But I've no idea what it's like at the lower end of the market where all the peasants live.
    I know it well :D

    http://www.imdb.com/media/rm2684912640/tt0077008
  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Its the famous spring bounce :rotfl:

    Its going to fail big time though just like last years did.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    doire wrote: »
    Its the famous spring bounce :rotfl:
    at least you're consistent with the other nutters in getting it completely wrong...

    here's your 'spring bounce' 2009 view...
    http://forums.moneysavingexpert.com/showpost.php?p=27838807&postcount=11
    and here's your 'spring bounce' 2010 comment
    https://forums.moneysavingexpert.com/discussion/comment/31913141#Comment_31913141
    both very, very wrong... predictably
    doire wrote: »
    Its going to fail big time though just like last years did.
    and here's what's happened since your first 'spring bounce' 2009 comment each spring... looks like no crash there in any of the spring periods...
    default.asp?g=1&gt=1&a=E%26W%2DALL&s=01%20March%202009&e=01%20January%202011&t=1
    never mind chin up...
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    chucky wrote: »
    and here's what's happened since your first 'spring bounce' 2009 comment each spring... looks like no crash there in any of the spring periods...
    default.asp?g=1&gt=1&a=E%26W%2DALL&s=01%20March%202009&e=01%20January%202011&t=1
    never mind chin up...

    If I had Geneer's skills I'd put together an amusing little cartoon with the caption "Head Shot - Pow!"
  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    chucky wrote: »
    at least you're consistent with the other nutters in getting it completely wrong...

    here's your 'spring bounce' 2009 view...
    http://forums.moneysavingexpert.com/showpost.php?p=27838807&postcount=11
    and here's your 'spring bounce' 2010 comment
    https://forums.moneysavingexpert.com/discussion/comment/31913141#Comment_31913141
    both very, very wrong... predictably

    ..

    So i talk about last year and you bring up 2009. Brilliant. And in todays post where did i mention crash? Again brilliant

    Look at your graph again from last spring onwards. Hardly the huge gains bulls were hoping for
  • Blacklight
    Blacklight Posts: 1,565 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    doire wrote: »
    So i talk about last year and you bring up 2009. Brilliant. And in todays post where did i mention crash? Again brilliant

    Look at your graph again from last spring onwards. Hardly the huge gains bulls were hoping for

    I don't recall anyone talking about huge gains. I do however recall 50% off by Christmas... not sure what happened to that.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    doire wrote: »
    So i talk about last year and you bring up 2009. Brilliant. And in todays post where did i mention crash? Again brilliant

    Look at your graph again from last spring onwards. Hardly the huge gains bulls were hoping for
    sorry doire but when you mentioned spring bounce you did mean spring didn't you or did you mean the period afterwards because you seem to be backtracking here.

    if you're telling us spring isn't spring any more - could you explain why?
  • geneer
    geneer Posts: 4,220 Forumite
    HEADLINE: SELLERS STRIKE OVER AS CAPITULATING OWNERS RUSH FOR THE EXIT.
    "I hope I didn't leave it too late" says one chap.
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