Nationwide +0.5%

Thrugelmir

julieq wrote: »

What ought to be more significant is that Gen is disagreeing with me. That worries even me.

There's far bigger issues being addressed that will set the course of the mortgage market in the future. Will impact far more than what the UK consumer may or not do.

ruggedtoast

In this thread so far Julieq has accused Graham of having a tiny brain and me of having a small penis.

And this is a woman we should take financial advice from?

julieq

Graham I didn't say that pent up demand is always turned into demand. It can be supressed forever. You may want a Picasso painting but you'll never be able to afford one.

The key point is that mortgage finance is not needed to create demand for housing. You do not need first time buyers in a system, and you don't need owner occupiers. You just need people wanting homes. Normal supply and demand between rental and owner occupation sets prices. As you increase the differential between demand and supply, prices will rise. Those at the bottom end up priced out and living (for example) in more crowded conditions, those able to compete for the rest necessarily have higher average means.

julieq

Graham_Devon wrote: »

May I remind you of the first personal attack on this thread?

http://forums.moneysavingexpert.com/showpost.php?p=42447990&postcount=20

Post 20.

Username: julieq

How is that a personal attack Graham.

You explained that you don't believe supply and demand equations exist with your Ferrari analogy, and the only factor was ability to pay the price.

And when I explained at great length how time lags can cause oscillations in systems based on fluctuations, you didn't accept the conclusions.

It's a statement of your position, not a personal attack.

If you now agree with supply and demand as a price determinant, and if you now understand the concept of lag and oscillation, then fine, just say so, and I'll apologize.

julieq

AD9898 wrote: »

Going to see Rush in May, been into these guys since the 70's, you can't fault some prog rock and ace muscianship.

Bored with HP discussion these days, it's not an issue in my life anymore and hasn't been for 18 months, it's nice to get into a squabble now and again and I like to put forward my thesis on peak energy and get a few 'thanks' (come on who doesn't, and how many of us would stop posting altogether if they removed it ) but other than that there is nothing happening.

I saw Rush in 1979, in Liverpool on the Hemispheres tour, first concert I ever went to. Was rather dragged along, but was a great concert in the end, and the smell of patchouli oil is still very evocative.

In the interest of increasing cross species understanding - bear to bull - I do very much recommend the first Dresden Dolls album.

ruggedtoast

julieq wrote: »

Graham I didn't say that pent up demand is always turned into demand. It can be supressed forever. You may want a Picasso painting but you'll never be able to afford one.

The key point is that mortgage finance is not needed to create demand for housing. You do not need first time buyers in a system, and you don't need owner occupiers. You just need people wanting homes. Normal supply and demand between rental and owner occupation sets prices. As you increase the differential between demand and supply, prices will rise. Those at the bottom end up priced out and living (for example) in more crowded conditions, those able to compete for the rest necessarily have higher average means.

I mean, how small is too small jules? Throw me a bone here? (as it were)

wotsthat

ruggedtoast wrote: »

I mean, how small is too small jules? Throw me a bone here? (as it were)

You still worried about your penis mate?

julieq

Do you mind taking your dicks outside boys? We're talking about Canadian Led Zep knock offs here. By Tor and the Snow Dog and all that.

johnycoldears

Isn't eveyone missing the real reason for the small rise reported ?

I.E a comparitively few people buying £million + houses now to beat the April stamp duty rise.

It doesn't take much at that price level to skew the overall trend.

IveSeenTheLight

Graham_Devon wrote: »

Dissapointing.

However, thought they had risen more in all honesty. Since Mar last year, house prices have only risen just shy of £200.

As I recall, many of us were predicting a pretty stagnant year.