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Debate House Prices


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Nationwide +0.1% MoM -0.3% YoY

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Comments

  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Blacklight wrote: »
    Not all the advice.

    Absolutely correct.
    “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
    Dan: wrote: »
    Can someone please tell me why house prices are the same as this time last year?

    Because they are not.

    No such thing as an average house. ;)
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Blacklight wrote: »
    Not all the advice.

    Your right!.

    To be honest I wish I had never listened to those fools telling me I should wait - I guess I got carried away with 'greed' thinking I could buy house much cheaper in 12 months. Just think If I had bought 3 years ago as planned I would have paid thousands off my mortgage by now instead of my landlords. Gutted.
  • ultrawomble
    ultrawomble Posts: 492 Forumite
    Dan: wrote: »
    This is a joke. Can someone please tell me why house prices are the same as this time last year? According to all the advice dished out on this forum house prices were guranteed to crash - well I have been waiting over 3 years now and still nothing - thanks a bunch guys - you have cost me ££££'s

    Really? I thought you were loving the low interest rates and the effect they were having on your mortgage?

    http://forums.moneysavingexpert.com/showpost.php?p=41872170&postcount=5

    http://forums.moneysavingexpert.com/showpost.php?p=41870922&postcount=5


    Ho-hum. I think the term in common parlance is busted. :rotfl:
  • undetterred
    undetterred Posts: 635 Forumite
    500 Posts
    Dan: wrote: »
    Your right!.

    To be honest I wish I had never listened to those fools telling me I should wait - I guess I got carried away with 'greed' thinking I could buy house much cheaper in 12 months. Just think If I had bought 3 years ago as planned I would have paid thousands off my mortgage by now instead of my landlords. Gutted.

    pmsl..........wait for someone to quote round my way.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Pimperne1 wrote: »
    Having said all of that I don't have much confidence in figures presented by a provider who has such a small share of the market nor in figures which might include quite a lot of forced sales.

    What do you regard as a "small" share of the new lending market?
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    ultrawomble wrote: »
    Really? I thought you were loving the low interest rates and the effect they were having on your mortgage?

    http://forums.moneysavingexpert.com/showpost.php?p=41872170&postcount=5

    http://forums.moneysavingexpert.com/showpost.php?p=41870922&postcount=5


    Ho-hum. I think the term in common parlance is busted. :rotfl:

    hee hee :beer:
  • Batchy
    Batchy Posts: 1,632 Forumite
    Dan: wrote: »
    Your right!.

    To be honest I wish I had never listened to those fools telling me I should wait - I guess I got carried away with 'greed' thinking I could buy house much cheaper in 12 months. Just think If I had bought 3 years ago as planned I would have paid thousands off my mortgage by now instead of my landlords. Gutted.

    Hi Dan, Its been a volotile 5 years, and with regards to housing if you have had options then its been good to wait, cheaper mortgage products now will help with the lack of reduction in house value. making it cheaper anyway. Chin up!
    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)
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    edited 29 September 2011 at 10:49AM
    !!!!!! he's being sarcastic. He bought a house years ago.

    Edit: Anyway, houses are still performing poorly against the price of everything else.

    Based on the current trajectory eventually a loaf of Hovis will cost the same as a 2 up 2 down in Cheadle.
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    ruggedtoast wrote: »
    !!!!!! he's being sarcastic. He bought a house years ago.

    Edit: Anyway, houses are still performing poorly against the price of everything else.

    Based on the current trajectory eventually a loaf of Hovis will cost the same as a 2 up 2 down in Cheadle.

    Thank you mr ruggedtoast.

    Yes I bought years ago but have recenly sold and am about to complete in the next couple of weeks. I am now renting a 2 bed execitive apartment in a different town (all due to a new job).

    Now I need to decide what to do next - Buy again right away, or join the bears and pray for a crash?
This discussion has been closed.
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