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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

The Express smells blood..

13»

Comments

  • poppyriley wrote: »
    I Smell !!!!!!!!

    Of what? :D
    Set your goals high, and don't stop till you get there.
    Bo Jackson
  • doire wrote: »
    Are you going to answer post 6? You look a right prat for saying what you did but not backing it up with hard evidence.

    I suppose thats you all over isnt it
    Dont expect him to answer. In fact dont expect Sibley to even appear back on this thread again now you have asked him a sensible question that he cant answer. I imagine he'll start a new thread titled, Daily Express headlines: house prices to soar in about 3 days time.
  • Any increase in house prices would be good news for me, regardless of runaway inflation.

    Can't stand The Express, but when I took out a 7 year fixed rate (85% LTV, 2009 -2016) I based my decision on a worst case scenario 'prediction' of house prices being the same after 7 years.

    If they go up, happy days, as I should get to a 60% LTV when the fixed rate ends, meaning better rates.
  • Batchy
    Batchy Posts: 1,632 Forumite
    bendix wrote: »
    How many times do you need it drilled into your thick head that a 21% rise over 5 years is lower than the projected rise in inflation?


    Leveraged its going to dwarf rises on the interest on the corresponding deposits however, considering mortgages are now cheaper than renting... it all starts to make sense.

    Affordability indicators are at their lowest for years, and continuing to get better, as prices stabalise and wages rise (slowly)... there is no rush, but dont hold on for too long as inflation is going to be that high over the next 5 years, wage inflation will pick up soon, and prices will rise accordingly!
    Plan
    1) Get most competitive Lifetime Mortgage (Done)
    2) Make healthy savings, spend wisely (Doing)
    3) Ensure healthy pension fund - (Doing)
    4) Ensure house is nice, suitable, safe, and located - (Done)
    5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)
  • Hoopie1
    Hoopie1 Posts: 1,254 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    It's hard to smell blood at the offices of The Express, there's generally an strong stench of dung eminating from Richard Desmond's office which masks everything else.
  • Sibley wrote: »
    As many of you already know. I work for the Daily Express.

    My colleagues and I have set out to destroy the HPC website.

    Today we have blacked out the Nationwide figures. It never happened.

    We plan to wait 2 days or so then bombard the public with house price rise stories.

    Our aim is to make the HPC members bitter and twisted. It makes us laugh and we all have a good chuckle at the wine bar after work.

    Tally ho!!!!

    What a !!!!ing !!!!
  • The Express smells blood..


    Why, are the chief editors Nobby Stiles playing up again?
  • Last chance saloon for the bears.

    Prices will start rising again from Feb.... And the economic recovery will be well underway next year. 5 months and counting for the crash dream to evaporate for another 15 years. :)
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Last chance saloon for the bears.

    Prices will start rising again from Feb.... And the economic recovery will be well underway next year. 5 months and counting for the crash dream to evaporate for another 15 years. :)

    Economic recovery in 5 months? Spending reductions haven't even impacted yet. I would expect cut in NHS headcount to be announced by next March. As NHS Trusts struggle to balance their books caused by PFI liabilities.
  • Last chance saloon for the bears.

    Prices will start rising again from Feb.... And the economic recovery will be well underway next year. 5 months and counting for the crash dream to evaporate for another 15 years. :)
    Nice that you wish poverty on every single young hard earner out there. You dont seem to care that the young are priced out of the market and only ever enrich selfish idiots like you who basically think of them as the underclass as they rent and dont own. You are the 21st century scrooge and the sad thing about it all? You are proud about it
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
  • 353.8K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.2K Spending & Discounts
  • 246.9K Work, Benefits & Business
  • 603.4K Mortgages, Homes & Bills
  • 178.2K Life & Family
  • 260.9K 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.