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Debate House Prices


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Daily Express more desperate than Hamish to prop up falling house prices

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Comments

  • DervProf
    DervProf Posts: 4,035 Forumite
    zappahey wrote: »
    Which merely demonstrates that you don't understand supply and demand.

    So, am I supposed to believe that the amount a property sells for is totally down to supply and demand, and that there are no other factors ?
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • DervProf wrote: »
    So, am I supposed to believe that the amount a property sells for is totally down to supply and demand, and that there are no other factors ?

    Most factors contribute towards supply and demand.
    e.g.: -
    Availability of credit
    > Level of Demand (Desire and Ability)
    Amount of distressed sellers
    > Supply
    Rising age of population
    > Supply
    Deposit requirements
    > Demand
    Unemployment levels
    > Demand
    etc etc etc

    Which factors do you have in mind which don't contribute to Supply or Demand?
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • the article in todays daily mail tells the true picture....and the daily mail even quotes recent, accurate data

    unlike sarah o'grady and the daily express, who have vested interests and quote meaningless statistics
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Can you spot the fundamental difference between Last minute.com shares and property?

    Clue: People need a place to live.


    Doesn't explain the constant focus on value though. To many people property is now an investment not merely a home.
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Thrugelmir wrote: »
    Doesn't explain the constant focus on value though. To many people property is now an investment not merely a home.

    The majorty of the general public don't give a monkey's toss about house prices.
  • Thrugelmir wrote: »
    Doesn't explain the constant focus on value though. To many people property is now an investment not merely a home.

    I think you missed the point.
    People need a place to live, they don't need to go on a lastminute.com holiday.

    Therefore there is a certain gaurantee level of demand (maybe better articulated as desire) for property
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
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