in 10 years from now will house prices by higher than now

Batchy

Government announced child benefit not to be cut in the same way as originally announced, should be good news for most.

And therefore encouraging people to breed.

Bigger houses needed increased activity in housing market as a result.

wotsthat

homelessskilledworker wrote: »

The UK population has been rising since the bronze age, are you saying that property has only boomed upwards since then.

Well of course you are, you are one of the "property only ever rises" mob

Don't be like that Foxy. We're talking about the next ten years - where did the bronze age come into it?

Have a think about it. Housebuilding has been behind government target for years - wasn't 2011 the record for the lowest number of newbuild starts? Is there any sign that government policy is going to change dramatically to rectify this?

Population growth is predicted to continue too. The government seem to be making some noises about ensuring we use more of our own home-grown labour but at the same time taking the easy option and using imported labour.

It's going to remain tough for people wanting to buy a house to live in and potential buyers will have to turn to the rental market not because they want to but because they can't get the finance. Don't kid yourself that this is because people expect prices to fall - ask any renter whether they'd prefer to be paying their own mortgage or their landlords and you'd get an answer close to 100% (even if Shelter did the survey).

Demand for rented accomodation will increase providing a 'prop' for rents meaning that demand for BTL's will increase. Property ownership will become more concentrated amongst the rich and the proportion of owner occupiers may well continue to decrease.

Also providing a floor for prices will be the fact that with the lack of housing and increased population there's likely to be more wage earning adults per household who are able to split the rent.

The laws of supply and demand haven't been suspended over the last few years as some might hope. The doom mongers rejoice whenever they see prices falling oblivious to the fact that they've benefitted the rich rather than FTB's. The other issue doom mongers have is that they've got so mired in the doom and gloom that they base long term predictions on what's happening in the short term.

In my opinion house prices in 2022 will be higher than today.

homelessskilledworker

wotsthat wrote: »

Don't be like that Foxy. We're talking about the next ten years - where did the bronze age come into it?

Have a think about it. Housebuilding has been behind government target for years - wasn't 2011 the record for the lowest number of newbuild starts? Is there any sign that government policy is going to change dramatically to rectify this?

Population growth is predicted to continue too. The government seem to be making some noises about ensuring we use more of our own home-grown labour but at the same time taking the easy option and using imported labour.

It's going to remain tough for people wanting to buy a house to live in and potential buyers will have to turn to the rental market not because they want to but because they can't get the finance. Don't kid yourself that this is because people expect prices to fall - ask any renter whether they'd prefer to be paying their own mortgage or their landlords and you'd get an answer close to 100% (even if Shelter did the survey).

Demand for rented accomodation will increase providing a 'prop' for rents meaning that demand for BTL's will increase. Property ownership will become more concentrated amongst the rich and the proportion of owner occupiers may well continue to decrease.

Also providing a floor for prices will be the fact that with the lack of housing and increased population there's likely to be more wage earning adults per household who are able to split the rent.

The laws of supply and demand haven't been suspended over the last few years as some might hope. The doom mongers rejoice whenever they see prices falling oblivious to the fact that they've benefitted the rich rather than FTB's. The other issue doom mongers have is that they've got so mired in the doom and gloom that they base long term predictions on what's happening in the short term.

In my opinion house prices in 2022 will be higher than today.

Here we go again usual bluster and BS. You made the point that population growth equals rising house prices, and I said it does not. And the facts are with me, there has been dozens of instances where property prices fall in a growing population, has happened over the centurys and I am certain it is happening somewhere on the planet today.

So Watsthat now decides he is talking complete dross and now trys to restructure the argument in his favour and comes out with half a dozen bulleted points(which need a crystal ball) to accompany his now feeble argument.

System

He made the point that population growth over the next 10 years = rising prices. The rest of your rant is your usual bitter, resentful ramblings that no one cares about.

suburbanwifey

moneyinmypocket wrote: »

if you had to bet on it?

I'd bet on it yes. Suspect on this board, I am in minority though. But we'll see won't we.

wotsthat

homelessskilledworker wrote: »

Here we go again usual bluster and BS. You made the point that population growth equals rising house prices, and I said it does not. And the facts are with me, there has been dozens of instances where property prices fall in a growing population, has happened over the centurys and I am certain it is happening somewhere on the planet today.

So Watsthat now decides he is talking complete dross and now trys to restructure the argument in his favour and comes out with half a dozen bulleted points(which need a crystal ball) to accompany his now feeble argument.

Sorry you don't like it Foxy.

Can you share your dozens of examples that show property prices fall when population increases? You've either a) made this up b) disproved the laws of supply and demand or c) other external factors will explain periods when demand increases but prices fall.

Here's your argument..

INCREASED POPULATION + REDUCED AVAILABILITY = PRICES FALL

or

DECREASED POPULATION + INCREASED AVAILABILITY = PRICES FALL

homelessskilledworker

Joeskeppi wrote: »

He made the point that population growth over the next 10 years = rising prices. The rest of your rant is your usual bitter, resentful ramblings that no one cares about.

Joeskeppi world

Rant = to counter an argument

I will be honest with you Joe, I don't value much of your contibutions to this board, and it is quite clear you have a problem with anyone who is happy that you ex council asset is falling in value:)

So you thank wotsthats posts and he will thank yours and I am sure you will both sleep well tonight, and I will weep at that fact that I have already saved between £30k to £55k(depending on what indicie you believe) since I held off in 2007/08, and thats not one of the generalisations and fairytales you guys come up with, I am using factual evidence.

homelessskilledworker

wotsthat wrote: »

Sorry you don't like it Foxy.

Can you share your dozens of examples that show property prices fall when population increases? You've either a) made this up b) disproved the laws of supply and demand or c) other external factors will explain periods when demand increases but prices fall.

Here's your argument..

INCREASED POPULATION + REDUCED AVAILABILITY = PRICES FALL

or

DECREASED POPULATION + INCREASED AVAILABILITY = PRICES FALL

:rotfl:

Do you actually believe what you write!!

Ok, right off the top of my head, and some thing that is happening now...

Japan, USA, Ireland, Spain, Germany(plus good economy)...

All with growing populations

Now come back with one of your "yeah but no but"

System

You were countering an argument that you invented out of nowhere. That's called a rant Foxy.

And the last 2 paragraphs were once again fictional, bitter, resentful ramblings that no one cares about.

Just out of interest, is "holding off" a word for "wife stole my house"?

homelessskilledworker

Joeskeppi wrote: »

You were countering an argument that you invented out of nowhere. That's called a rant Foxy.

And the last 2 paragraphs were once again fictional, bitter, resentful ramblings that no one cares about.

Just out of interest, is "holding off" a word for "wife stole my house"?

What an angry little man you are Joe, after all the preaching you do with others as well xx:rotfl: