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Debate House Prices


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And So It Begins.....

1235712

Comments

  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Wookster wrote: »
    yawn

    Yet more utter utter gob-!!!!!!.

    I'm sick of reading your crap so have put you on ignore now.

    I think that's for the best wookie, it's much easier to only read the doom and gloom threads - that's why I like the HPC website so much as only the negative stories are allowed without any d.ick head bulls to ruin things.
  • JWF
    JWF Posts: 363 Forumite
    And if lenders won't lend, buyers can't buy, and the housing crisis will worsen.

    One question thing I have been wondering for a while is why is it a housing crisis?

    As far as I am aware there are not millions of people turfed out in the street living under cardboard boxes.

    What happened after hurricane Katrina I'd call a crisis - what is happening in the UK seems to be just a bit inconvenient to a number of people. Although the "housing inconvenience" doesn't have quite the same ring to it.
    All I seem to hear is blah blah blah!
  • Jimmy_31
    Jimmy_31 Posts: 2,170 Forumite
    So in just a couple of months you have saved up enough for at least a 10% depsosit on a house and you are living in a house for free..... Yeah because that sounds like the average persons situation;)

    Oh well... Good luck.:T

    Swap building site for living with your mam and dad and the result is pretty much the same.
  • pqrdef
    pqrdef Posts: 4,552 Forumite
    JWF wrote: »
    Although the "housing inconvenience" doesn't have quite the same ring to it.
    You could call it the "property investment inconvenience", since it's got more to do with people losing money or trying not to lose money than any actual accommodation difficulties.

    Well, shucks. People who owned bank shares lost money too. That's investment for you.
    "It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis
  • Jimmy_31
    Jimmy_31 Posts: 2,170 Forumite
    ess0two wrote: »
    You must be living in a portakabin?odd you also quote how the estate you live on is full of 'chavs'.

    Seems odd to build houses in such a 'crap' area.

    Yeah because i was digging it in a portakabin half a mile from were i normally live.

    People dont generally dig it if they are working close to home as this would be pretty stupid. If you are working far away from home it is quite a good idea to dig it.

    Just to add, barrats do build new build estates in 5hithole areas you know.

    Portakabin:rotfl:
  • The inflation that we have at the moment isn't wage inflation. Yes everyone is worried about it getting out of hand however without some form of wider economic devaluation the banking sector is going to fail.

    The desire of some to see a price crash in the housing sector is very narrow minded as would result in yet again the banks failing. Sadly the least painful route forwards is for global inflation to reduce the value of the debt in he system. It does mean that assets will sink in value but that is a price worth paying I feel.
  • Jimmy_31
    Jimmy_31 Posts: 2,170 Forumite
    Pimperne1 wrote: »
    Apart from the 58k people who bought last month (although I accept you might not know any of them).

    Is that number higher or lower than usual.
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    Jimmy_31 wrote: »
    Is that number higher or lower than usual.

    Doesn't make any difference to the point. Everyone you know who has a deposit isn't buying but 58k people you don't know who have a deposit are buying.

    Maybe its something to do with you.
  • 1 - Nonsensical interpretation of Dave's words.

    2 - V v v tired message [and wording].
    FACT.
  • Jimmy_31
    Jimmy_31 Posts: 2,170 Forumite
    Pimperne1 wrote: »
    Doesn't make any difference to the point. Everyone you know who has a deposit isn't buying but 58k people you don't know who have a deposit are buying.

    Maybe its something to do with you.

    Or maybe its something to do with me and all my mates knowing how much it costs to build a house as we are in the building trade.

    I really cant see any of my mates paying 150k for something that costs 30k to build, best to just wait till the real houses come down in price:)
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