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Debate House Prices
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House price falls would be excellent for the economy
Comments
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is that your convoluted way of agreeing to my point that house price falls are bad for the economy but lower prices are good for the economy?Some of us can see a UK economy beyond the one where everything hinges on property prices. Yes, it's not going to happen overnight, and maybe not in my lifetime, but if we sit back and accept that the economy relies on the property market to a large degree, then it is very likely that the property market will forever have it's tight grip on the UK economy. I'm sure that earlier in my lifetime, house prices didn't have such an importance attached to them with respect to the health of the wider economy. Do we want a property prices to determine the health of the economy, or would it be better to encourage an economy where a strong performance leads to higher property prices ?0 -
and don't forget the South West which is one of t'other regions RICS said had rising pricesshortchanged wrote: »Well I think 'round my way' probably covers every part of the UK apart from the South East and of course Aberdeen.
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is that your convoluted way of agreeing to my point that house price falls are bad for the economy but lower prices are good for the economy?
If you want it to be, then yes it was.
What it really was, was me thinking beyond my own four walls/ bank balance. It was me, throwing around a few thoughts/suggestions, which might not happen to fit the wishes and (wet)dreams of a property investor, but might actually make sense to those of us who don't worship the value of the properties that we live in.30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0 -
well done for trying at least.If you want it to be, then yes it was.
What it really was, was me thinking beyond my own four walls/ bank balance. It was me, throwing around a few thoughts/suggestions, which might not happen to fit the wishes and dreams of a property investor, but might actually make sense to those of us who don't worship the value of the properties we live in.
when you do go to sell your house make sure that you sell it for exactly 3 times local salary because that's what makes sense to those who don't worship the value of the properties they live in...0 -
and don't forget the South West which is one of t'other regions RICS said had rising prices
Well of course the SW of London is part of that.0 -
well if you think Devon is in South West London you best start again...shortchanged wrote: »Well of course the SW of London is part of that.DEMAND for property in the South-West was up last month, according to the Royal Institute of Chartered Surveyors.0 -
If you want it to be, then yes it was.
What it really was, was me thinking beyond my own four walls/ bank balance. It was me, throwing around a few thoughts/suggestions, which might not happen to fit the wishes and (wet)dreams of a property investor, but might actually make sense to those of us who don't worship the value of the properties that we live in.
Property is often the last thing on my mind, I think you will find that it is probably you (and the likes of you) that is fixated with property.
For example my dog is coming up to 10 years old and thankfully still very fit and healthy. I wish I could buy him another 25 years of life for 100k, he's definitely worth a measly approx 5k a year
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 stop0 -
well done for trying at least.
when you do go to sell your house make sure that you sell it for exactly 3 times local salary because that's what makes sense to those who don't worship the value of the properties they live in...
Thanks for the non-patronising encouragement. Note that it is me that is trying to conduct a civilised and sensible discussion, if you want a verbal battle, I might play, but I'd prefer to engage without the insults and put downs. This is a trait of the VI's, you sensibly suggest something that doesn't fit in with their financial plan, and you get dismissed, patronised, or just called names.
If/when I do sell my house, I will hope to sell it for a price that is relative to what similar properties in similar areas sell for. This will enable me to buy another property to live in. I won't be looking to "profit" from the sale of my house. If it fetches exactly what I paid for it >15 years ago, then what do I care ? It will almost certainly mean that I won't have to find as much money to buy my next place to live in.30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0 -
well if you think Devon is in South West London you best start again...
Well it was my attempt at an obtuse chucky moment.0 -
chucknorris wrote: »Property is often the last thing on my mind, I think you will find that it is probably you (and the likes of you) that is fixated with property.
I find the subject of property, or rather people's thoughts/opinions on the subject interesting. Property itself ? Doesn't bother me much, as long as mine keeps me warm and dry + I can afford to run it.30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0
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