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Debate House Prices


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Mortgage Joy to last 3 years.... No rise til 2014?

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Comments

  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Sibley wrote: »
    House prices will rise about 20% in the next few years.
    Average house price will be around 190k.

    How? Why?

    I really am interested in why you say this.
    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
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Percy1983 wrote: »
    How? Why?

    I really am interested in why you say this.

    Because it's Sibley. Stop asking. It's pointless. It's like asking a cash machine why it gives out cash. And there's no reason, it's just what it does.
  • undetterred
    undetterred Posts: 635 Forumite
    500 Posts
    Percy1983 wrote: »
    How? Why?

    I really am interested in why you say this.


    Lets flip it percy,give us the reasons they may not.
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I didn't say they won't, I asked why he thinks they will.
    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
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Percy1983 wrote: »
    I didn't say they won't, I asked why he thinks they will.

    He has no idea why Percy. Can you not tell after reading hundreds of his posts that the guy is quite a few beers short of a six-pack?
  • undetterred
    undetterred Posts: 635 Forumite
    500 Posts
    Percy1983 wrote: »
    I didn't say they won't, I asked why he thinks they will.


    Fair do's,perhaps sibley will enlighten us.
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    As I say I am genuinely interested as I intend to buy a home in the next year or so, if there is good reasoning I will consider it and adjust plans where I can if needed.
    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
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Sibley wrote: »
    House prices will rise about 20% in the next few years.
    Average house price will be around 190k.

    While disposable income falls further?
  • Sibley
    Sibley Posts: 1,557 Forumite
    Ninth Anniversary Combo Breaker
    I think the banks will really ease lending criteria.
    Once the 100% mortgages return then all this talk of a crash will vanish. People want houses. You will see the return of gazumping and HPI shortly.

    Do you remember there were loads of buyers for every house a few years back? They are still out there just can't finance it.

    Banks are greedy. It will all return and we will enjoy our retirements.
    We love Sarah O Grady
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Sibley wrote: »
    I think the banks will really ease lending criteria.

    If you haven't grasped the reality of the situation by now , I doubt you ever will.

    The boom lending days are over.

    I'm afraid its back to the days of hard work to make money. The days of doing nothing are past.
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