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Debate House Prices


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House prices by 2015

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Comments

  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    RenovationMan wrote: »
    I dont need any more lending, I've bought my house. I maxed out my lending to get it, mind you. :)

    Funnily enough, I found out today that I was getting a payrise and bonus. The missus has earmarked the bonus for curtains already :(.

    And that answers your why not question.

    Loads of people up and down the country are already saddled with debt and maxed out on it.
  • mcc100
    mcc100 Posts: 624 Forumite
    Part of the Furniture 500 Posts Name Dropper
    RenovationMan wrote: »
    lots of savings earning nothing

    Savings earning nothing in peanut paying savings accounts I agree ...... but the money I make in share dealing is a different kettle of fish ......
  • Loughton_Monkey
    Loughton_Monkey Posts: 8,913 Forumite
    Part of the Furniture Combo Breaker Hung up my suit!
    macaque wrote: »
    Remember Mr Loughton; in a democracy the 'riff raff' have more votes than the Rachmans and politicians will do anything to get into power.

    The best ever argument for getting rid of democracy I have ever seen.

    Well done!
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Graham_Devon wrote: »
    Loads of people up and down the country are already saddled with debt and maxed out on it.
    Reading this forum can actually make people believe this kind of stuff.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    RenovationMan wrote: »
    And even more of them are like me and you and others on here; lots of savings earning nothing and lots of aspiration to buy a house/bigger house/house in a better area. I just happen to have moved earlier than others. A lot of my mates are now getting on the house move merry-go-round.
    That lot aren't wanted on here, we only want people who have large chips on their shoulders with a large portion of shadenfreude to post on this part of the forum.
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    2015? My best guess (we are all merely guessing) is that property prices will be starting to go up by then. Up to then I anticipate stagnation (or up by about +5%)
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 2 April 2011 at 12:26PM
    baby_boomer wrote: »
    As a "public sector type peep" I have to disagree. We are moving down from "brilliant" to "good" pensions.

    Why would anyone opt out of a free 9% salary contribution from their employer in order to invest half the money available to them in a potentially volatile asset?

    I would rate it as extremely good not just good, anyone contemplating leaving the scheme needs their head examined. I only just started working in the public sector last year and the change doesn't concern me at all because it is still going to be such a great value pension.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    RenovationMan wrote: »
    lots of savings earning nothing

    Locked into a 4.4% ISA this week. Last year 3.75%. Its out there if you look.
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Thrugelmir wrote: »
    Locked into a 4.4% ISA this week. Last year 3.75%. Its out there if you look.

    Plus you have secured the isa status for the future so when rates go back up you will get the higher rates on that money too.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    Reading this forum can actually make people believe this kind of stuff.

    The average household in the UK has £58,000 of debt hanging over them.

    Individuals owe more in debt than the entire country produced in 2010.

    What are we not supposed to believe?
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