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Debate House Prices


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CML: Age of FTB

124678

Comments

  • geneer
    geneer Posts: 4,220 Forumite
    claire16c wrote: »
    I did a similar thing with my then boyfriend (now husband). He then came to live with me at my parents so I know what the cramped room thing is like :). I still dont think I would have bought a house with him though until we had lived together, paying bills, looking after a house etc first.

    Indeed. Most sensible people would look to spend some time living together prior to buying a home together.

    Strange though how such practical concerns don't feature in the spurious rules of the Bull Timing Game.
  • robmatic
    robmatic Posts: 1,217 Forumite
    geneer wrote: »
    Strawman. zzzzzzzz

    Okay...
    geneer wrote: »
    Actually, its clear that a lot of parents worry about their kids getting a foothold, only unlike the Bulls they were only to happy to see some normality brought to house prices in the Crash.

    Is this just yet another of your nonsensical statements?
  • robmatic
    robmatic Posts: 1,217 Forumite
    geneer wrote: »
    Indeed. Most sensible people would look to spend some time living together prior to buying a home together.

    Strange though how such practical concerns don't feature in the spurious rules of the Bull Timing Game.

    About 6 years would be about right before being ready to commit to a house purchase?
  • geneer
    geneer Posts: 4,220 Forumite
    edited 27 September 2011 at 1:34PM
    robmatic wrote: »
    Okay...



    Is this just yet another of your nonsensical statements?

    No. It is however a statement that supports your strawman in no way at all.
    robstatic wrote: »
    About 6 years would be about right before being ready to commit to a house purchase?

    Depends on the reasons.
    Do please clarify if you actually have a point?
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    robmatic wrote: »
    About 6 years would be about right before being ready to commit to a house purchase?

    How do you manage to convert a statement which states "some time" to "6 years"?

    All these arguments rely solely on changing what a poster said. Grip. Would you like one?
  • nollag2006
    nollag2006 Posts: 2,638 Forumite
    geneer wrote: »
    Do please clarify if you actually have a point?

    Why?

    Your rants rarely do.
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    robmatic wrote: »
    About 6 years would be about right before being ready to commit to a house purchase?

    For me (and it's only a personal opinion) 6 months is a long time to wait before being ready to commit to a house purchase.

    Personally, I had been the the wife for a while and we lived together for only 6 months before we were both happy that we could put up with each others flaws ona daily basis.
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    geneer wrote: »
    As I recall, apparently still some 20% overvalued.
    According to economists anyway.

    Seems about right to me.
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    geneer wrote: »
    As I recall, apparently still some 20% overvalued.
    According to economists anyway.
    ukcarper wrote: »
    Seems about right to me.

    Purely anecdotal I know, but I offered 12.5% below the valuation on a property and it was turned down.

    Maybe geneer meant "some are still 20% overvalued" instead of "still some 20% overvalued"

    It would be interesting to see the links to the economists currently citing that house prices are 20% over valued ( I presume these are averages we are talking about ;))

    According to this link at the end of 2010; some predictions were
    HOUSE PRICES IN 2011
    • Ray Boulger, John Charcol - up 2%
    • Bernard Clarke, CML - "may fall a bit or stay flat".
    • Martin Ellis, Halifax - "little change".
    • Jonathan Davis - 10% fall.
    • Ed Stansfield, Capital Economics - "10% fall this year or next".
    • Martin Gahbauer, Nationwide - "soft decline in first six months".
    • Simon Rubinsohn, Rics - down 2%

    Most seem pretty accurate, none say -20%

    Even HPC only have cited one negative price prediction for 2011, with the same analyst predicting recovery in 2012 and continual rises after that
    Knight FrankLiam BaileyN/AMar 2011arrow-up.gif 6% UK2012icon-tick.gif
    Knight FrankLiam BaileyN/AMar 2011arrow-down.gif 6% UK2011icon-tick.gif
    Knight FrankLiam BaileyN/AMar 2011arrow-up.gif 8.8% UK2013icon-tick.gif
    Knight FrankLiam BaileyN/AMar 2011arrow-up.gif 5.8% UK2014icon-tick.gif
    Knight FrankLiam BaileyN/AMar 2011arrow-up.gif 4.9% UK2015icon-tick.gif
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    IveSeenTheLight wrote: »
    Purely anecdotal I know, but I offered 12.5% below the valuation on a property and it was turned down.

    What did you do that for?

    The higher the price you pay, the better, according to your good self.

    Maybe I'm confused, and maybe you meant the higher the price others pay, the better?
This discussion has been closed.
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