House prices to remain stable in 2012

Aberdeenangarse

mrree wrote: »

football players? I've heard it all now .......

Jobs - the fear is far worse than any reality

pay - up 5% for 90% of the population

household items - cheapest they have ever been

holidays - we can all have holidays, camping is great fun

fuel - we always find the funds to keep our cars running

pensions - i, like others, are on final salary schemes

so, basically, there is nothing to worry about ..... You hide under the bed with the other losers - us, the winners, are out there living it up!!!

nurse nurse!

homelessskilledworker

MrRee wrote: »

Football Players? I've heard it all now .......

Jobs - the fear is far worse than any reality

Pay - UP 5% for 90% of the population

Household Items - cheapest they have ever been

Holidays - we can all have holidays, camping is great fun

Fuel - we always find the funds to keep our cars running

Pensions - I, like others, are on Final Salary Schemes

So, basically, there is NOTHING to worry about ..... you hide under the bed with the other losers - us, the winners, are out there living it up!!!

Do you have to be so obnoxious?

You can troll as much as you want, and I am certain you don't believe a word of what you post. But you are simply not communicating with the real world. I have simply done a short list of thousands of things that will be badly effected.

MrRee_2

homelessskilledworker wrote: »

Do you have to be so obnoxious?.

You started it!!!

You were having a rant about things which most people don't care about and which don't affect them ...... I mean, come on, what has Football Players got to do with Mr Average?

To 99% of the people, there is NOTHING to worry about ....

homelessskilledworker

MrRee wrote: »

You started it!!!

You were having a rant about things which most people don't care about and which don't affect them ...... I mean, come on, what has Football Players got to do with Mr Average?

To 99% of the people, there is NOTHING to worry about ....

I did not start anything, I just articulated my thoughts, how is that ranting. Simple fact is that you do not like anyone that in anyone attacks your sacred cow.. high property prices.

Even as I type there is a programme on BBC right now preparing people for next year, seems like you are the only one unaware of what is to come.
If there was a miracle and things turned out great next year that would be fantastic, but your views and posts are just wishfull thinking with no factual evidence to support your fantasys.

MrRee_2

It seems that your fantasy is my reality ..... I'm sorry you are annoyed that Wayne Rooney earns more in 1 minute than you will earn in 1 year, but it's just how things are.

You, too, can get riches if you become the best at what you do ...... but, sometimes it takes a lot of effort, sacrifice and hard work.

From where I am, there is nothing to fear ... I have no debts, I have vast savings, I have an extremely high income .......... there is nothing to fear but fear itself.

wotsthat

Halifax's outlook is based on Bank of England interest rates remaining at a record low of 0.5% throughout 2012 and the positive impact this will have on levels of forced selling and in mortgage affordability for home buyers.

Graham_Devon wrote: »

Therefore it's pretty loud and clear that Halifax believes low interest rates are keeping repo's etc at bay, and also holding up house prices at their current level.

You do understand that there are other factors apart from low interest rates that are keeping repo's down? Just because Halifax haven't listed them in a two sentence quote doesn't mean they are saying 'loud and clear' that low interest rates are the only factor keeping repo's at bay.

Mortgagees haven't been in such a good position for years. Record reductions in mortgage debt and the best affordability ratios for years will mean that the impact of rate increases will be muted.

If the average mortgage debt is £100,000(?) then for every 1% increase in mortgage rates it's an extra £83 per month. If tomorrow mortgage rates increased by 3% that's only an extra £250/ month. That's going to tip some people over the edge and push other people closer but in the wider scheme of things it's not going to lead to anything that looks like a surge in repossessions.

Low interest rates are supportive to mortgage holders. It's been a nice bonus to pay less than expected but that's all. Are they the cork holding back an explosion of repossessions - no of course not.

Graham_Devon

wotsthat wrote: »

Low interest rates are supportive to mortgage holders. It's been a nice bonus to pay less than expected but that's all. Are they the cork holding back an explosion of repossessions - no of course not.

That's probably why I didn't say or imply that!

You do try hard.

DaddyBear

MrRee wrote: »

So, basically, there is NOTHING to worry about ..... you hie under the bed with the other losers - us, the winners, are out there living it up!!!

Just where DO you get this BS from? 5% payrises for 90% of the population? Incase you missed it, the public sector are in the middle of a 2-year freeze and have just had their rises capped at a whole 1% for the next 2 years. They make up over a third of the workforce BTW.

geneer

Incidentally, has there ever been a year when Halifax (or nationwide) predicted prices would fall?

wotsthat

geneer wrote: »

Incidentally, has there ever been a year when Halifax (or nationwide) predicted prices would fall?

Quick google says Nationwide predicted falls for 2009 & 2010. Why what's the significance?