We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

First time buyers priced out...

1…1213141517

Comments

  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I believe his point is there is mnay in homes they can't afford, if the tax payer stop paying for there assets they will soon have to sell causing more propert on the market.
    Have my first business premises (+4th business) 01/11/2017
    Quit day job to run 3 businesses 08/02/2017
    Started third business 25/06/2016
    Son born 13/09/2015
    Started a second business 03/08/2013
    Officially the owner of my own business since 13/01/2012
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Percy1983 wrote: »
    I believe his point is there is mnay in homes they can't afford, if the tax payer stop paying for there assets they will soon have to sell causing more propert on the market.
    i think it's been discussed already not too long ago and the number is small to haver an impact.
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Its hard to know exactly what the effect would be in my opinion, we will only know the true effect if/when it happens.
    Have my first business premises (+4th business) 01/11/2017
    Quit day job to run 3 businesses 08/02/2017
    Started third business 25/06/2016
    Son born 13/09/2015
    Started a second business 03/08/2013
    Officially the owner of my own business since 13/01/2012
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Percy1983 wrote: »
    Its hard to know exactly what the effect would be in my opinion, we will only know the true effect if/when it happens.
    i was referring to those on SMI since 2007 or whenever it was started.

    i can't see people who are nice rates now being in too much trouble - they'll go back to paying what they were paying prior to rates being lowered.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Percy1983 wrote: »
    I believe his point is there is mnay in homes they can't afford, if the tax payer stop paying for there assets they will soon have to sell causing more propert on the market.

    I don't think he had a point but I'd have to let him confirm otherwise there'll be faux outrage if words are put in his mouth.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    what was your point?

    Here we go, chucky is obfuscating again.

    Don't make this into the chucky show....it's not all about you.

    And so on.
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    chucky wrote: »
    i was referring to those on SMI since 2007 or whenever it was started.

    i can't see people who are nice rates now being in too much trouble - they'll go back to paying what they were paying prior to rates being lowered.

    Yes but with less disposable income.

    Isn't there some study going around saying average family disposable income will decrease by over £1000 by 2013.
    Why are we here?......................because we are not all there.
  • the.ciscokid
    the.ciscokid Posts: 273 Forumite
    chucky wrote: »
    you miss the point - affording something is different to being able to buy something.
    Lol.
    chucky wrote: »
    do you really think if house prices fell, that would be the only thing that dropped or went down?

    Like what?
    chucky wrote: »
    try again

    Indeed...
  • the.ciscokid
    the.ciscokid Posts: 273 Forumite
    chucky wrote: »
    good luck in trying to get yourself a mortgage!

    That being the case, good luck trying to sell the house!

    Oh sorry, I forgot, you'll just hold on for the right buyer. Lol.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    the.ciscokid wrote: »
    That being the case, good luck trying to sell the house!

    Oh sorry, I forgot, you'll just hold on for the right buyer. Lol.
    i feel for you cisco, has your head stopped spinning yet?
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture