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Debate House Prices
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I think HPC website has closed down...
Comments
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twadge_face wrote: »Eleventy Squillion, but that's only gonna happen when MY house is worth Twelvety Kajillion (aka 3.7 Googolplexes x salary).
By that point the glorious era of HPI and free infinite money forever and ever (amen) shall have run its course and we shall become star beings, at one with the universe but still slightly annoyed/bored by amoral selff-justifying MSE bulls.
oooooh nice to see retardian species are still about.:D0 -
Are those Bruno videos still online where he is shouting about his cheesy ballsack?0
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4.7% drop in the construction industry in 3 months, oh deary me.0
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I. Don't. Think. You. Get. The. Game.new_home_owner wrote: »oooooh nice to see retardian species are still about.:D
new_home_owner wrote:Posts: 1,027
Thanked 596 Times in 373 Posts
THANKED: 596/373 = 1:1.6
new_home_owner has got 1.6 thanks for every thanked post
OVERALL: 596/1021 = 1:0.6
new_home_owner has got 0.6 thanks for every post ever madePosts: 521
Thanked 1,033 Times in 493 Posts
THANKED: 1033/493 = 1:2.1
twuunty got 2.1 thanks for every thanked post
OVERALL: 1033/521 = 1:2.0
twunnty got 2.0 thanks for every post ever made
She is pleased to have been more successful, ostensibly, than new_home_owner
PLAY ON!Long live the faces of t'wunty.0 -
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Oh it's back up and running again.
My word thay have taken a hammering though. They are smashed. Broken in pieces. :rotfl:We love Sarah O Grady0 -
I think anyone hoping for 5% rates could be waiting a long, long time.
http://www.telegraph.co.uk/finance/comment/jeremy-warner/8478502/UK-economy-slides-towards-Japanese-style-funk.html
Its increasingly looking like my decision to go with the 2% above base tracker was indeed the right decision. Prices will slide, but its going to be long, drawn onut and painful, especially for those owning sh*tty little BTL shoeboxes. Upper end of the market will stay firm, indeed, prices at the top never really soared like the stuff lower down.
I hate to say it, but I think in about 6-12 months will be the ideal time to buy, but you are going to need a seriously hefty deposit to get anywhere... We managed 30% in 4 years, you will need to have had good foresight and self- control to have the sort of cash saved up that will get you the house you want for the bargain price.0 -
new_home_owner wrote: »what is a normal interest rate 5 percent? 6 percent? 7 percent?
5% is about the average since the BoE was started. RPI + 2% is generally considered to be 'neutral' so less than that (as now) is expansionary and more than that will tend to slow the economy, generally speaking.
(The above refers to the base rate and its antecedents).0
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