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Debate House Prices


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How long can FTB-s afford to wait?

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Comments

  • replumbed
    replumbed Posts: 60 Forumite
    Joeskeppi wrote: »
    Why does naerlynew need a new screenname? Is the old one so discredited it's become useless?

    I hope your guide dog makes a swift recovery. :T
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Jimmy_31 wrote: »
    bank of mum and dad, it means taking your mum and dads money to pay the deposit for an overpriced home

    When my Mum and Dad gave us money towards our deposit in 2003 the home wasn't overpriced. But other than that, decent description.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Joeskeppi wrote: »
    Why does naerlynew need a new screenname? Is the old one so discredited it's become useless?
    naerlynew was good at it though. he wanted houses to be 3 times the average salary for the area.

    he sold his last 2 houses for more than 3 times the average salary for his area.

    something wasn't right there...
  • replumbed
    replumbed Posts: 60 Forumite
    Cleaver wrote: »
    When my Mum and Dad gave us money towards our deposit in 2003 the home wasn't overpriced. But other than that, decent description.

    It was overpriced. If it wasn't for various influencial debt junkies it'd be worth far less today. Fact.
  • replumbed
    replumbed Posts: 60 Forumite
    chucky wrote: »
    naerlynew was good at it though. he wanted houses to be 3 times the average salary for the area.

    he sold his last 2 houses for more than 3 times the average salary for his area.

    something wasn't right there...

    If by selling a home at 3 times salary, it meant all homes were 3 times avergae salary I would have.

    I'm a bear, not a selfish bull.
  • mcc100
    mcc100 Posts: 624 Forumite
    Part of the Furniture 500 Posts Name Dropper
    julieq wrote: »
    So here's what mcc was predicting in 2009...

    http://forums.moneysavingexpert.com/showpost.php?p=22551993&postcount=1
    julieq wrote: »
    And you're right, a prediction without a timescale isn't even a prediction.

    I predicted the lowest figure that I thought the average house price would fall to.

    I did not predict a timescale due to numerous measures put in place to artificially keep prices at a high level.

    I stand by my figure ....... but notice that you are not prepared to give your own prediction .......
This discussion has been closed.
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