We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
There's 185 'Millionaire Rows' in Britain!!!!! and London is STILL rising...
Comments
-
............1. The house price crash will begin.
2. There will be a dead cat bounce.
3. The second leg down will commence.
4. I will buy your house for a song.0 -
breadlinebetty wrote: »With high inflation EVERYTHING loses value, cars for example! So that's a kind of non-story in itself. Yawn.
But like it or lump it, London prices have RISEN - unlike properties up north - where you live.
I don't live up north, I live down south, and despite having just bought a house I do not want house prices to rise, I would prefer them to carry on falling.
Anyway, seen as how you didn't post a link (as I expected), the November Land Registry reports a 1.4% annual rise in House Prices in London. I get twice that in my online savings account with the Halifax.0 -
Changes in Housing benefits and general downturn will start to effect even London.
Less demand from rich foreign buyers and BIG cuts in HB will start to reduce demand for big houses
But we shall wait and see
It all got postponed last time they tried to bring in the cuts, yes lets wait and see.Big deflation your debts are going up against everything else. I would not like to be a property owner with a big mortgage right now, pay off your debts ASAP!0 -
firsttimetom wrote: »I don't live up north, I live down south, and despite having just bought a house I do not want house prices to rise, I would prefer them to carry on falling.
Anyway, seen as how you didn't post a link (as I expected), the November Land Registry reports a 1.4% annual rise in House Prices in London. I get twice that in my online savings account with the Halifax.
why do you want prices to fall. That would make it difficult you to ever sell.
Ideally I want the prices to drop slightly but increase at the rate of inflation. But in.reality thats not going to happenDebt free since birth, although planning to buy my first home in 2012 so bring on the debt!!0 -
Where has this thread come from?
These people are more insane than our lot.0 -
I wonder why? Well they are building a hell of a lot over there.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.8K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards