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Debate House Prices


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Rightmove Jan +0.4% YoY, -0.8% MoM

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Comments

  • You don't necessarily have to move half way across the country, though.

    My parents are going to sell their family house - they bought it when they had 4 children living at home, and now they don't have any still under their roof. But they intend to buy something smaller very close by.

    My in-laws went the other way.
    they are retired now, but just a few years before retirement they moved from a 3 bed bungalow to a 5 bed house.

    The 3 bed bungalow was self build many years ago and required quite a bit of maintenance, hence why they moved to a new build 5 bed house.

    The thing is three of the 5 bedrooms are small.

    They do sometimes talk about downsizing in the future, but I can;t see them doing that to be honest.
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • Smilver
    Smilver Posts: 25 Forumite
    Property is in a bear market, who can deny this now?

    Are there really any bulls left? I mean who thinks the bear market can be over and things get better in the next few years?
    Yes my precious, my monetary PRECIOUS metals, is what I want.
  • You don't necessarily have to move half way across the country, though.

    My parents are going to sell their family house - they bought it when they had 4 children living at home, and now they don't have any still under their roof. But they intend to buy something smaller very close by.

    True, and if you have a large family home it's worth doing but sometimes the difference between the cost of a 2 bed smaller home and a 4 bed family home in the same area can be very small after moving costs, stamp duty, etc. have been deducted. Even the running costs might not be very far apart if you are moving from a modern 4 bed to an older 2 bed property.

    You often see people on say "My house is my pension" and find that they expect to downsize from a 3 bed house to a 2 bed house and expect the proceeeds to fund their retirement. Perhaps it will if the 3 bed house is in Central London and the 2 bed house is in Hull.
  • Smilver wrote: »
    Property is in a bear market, who can deny this now?

    Are there really any bulls left? I mean who thinks the bear market can be over and things get better in the next few years?

    Do you think silver is in the dead cat bounce phase

    mobile.chart?TYPE=MOUNTAIN&ID_NOTATION=21454468&HEIGHT=260&WIDTH=300&&BG_COLOR=FFFFFF&TEXT_COLOR=AAAAAA&GRID_COLOR=DDDDDD&LINE_COLOR=00B700&&AXISBG1=FFFFFF&AXISBG2=F2F3F3&TIME_SPAN=5Y
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • Interesting chart, looks like the silver chart of late but what are those number? Price per kilo or something?

    Escape The Matrix
    http://www.youtube.com/watch?v=SK3pItWjvuI

    CHF/Kg

    http://www.shareprice.co.uk/ID:21454468/SILVER-(CHF%7CKG)

    roughly £633 per kilo or £17.94 per ounce.
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • crash123
    crash123 Posts: 399 Forumite
    Do you think silver is in the dead cat bounce phase

    mobile.chart?TYPE=MOUNTAIN&ID_NOTATION=21454468&HEIGHT=260&WIDTH=300&&BG_COLOR=FFFFFF&TEXT_COLOR=AAAAAA&GRID_COLOR=DDDDDD&LINE_COLOR=00B700&&AXISBG1=FFFFFF&AXISBG2=F2F3F3&TIME_SPAN=5Y

    Looks like the bubble graph.

    Are you the same guy that is on GEI? but a different user name
  • crash123 wrote: »
    Looks like the bubble graph.

    Are you the same guy that is on GEI? but a different user name

    No this is the only forum I use.
    I don't do different user names either
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • No this is the only forum I use.
    I don't do different user names either

    I wonder if any of our newbies are the p1ss artist formerly known as geneer? A little birdy tells me he has been banned again (not the full PPR, but the ban where you can still see the unhidden parts of the forum but not post and not PM).
  • I wonder if any of our newbies are the p1ss artist formerly known as geneer? A little birdy tells me he has been banned again (not the full PPR, but the ban where you can still see the unhidden parts of the forum but not post and not PM).

    Who cares?
    The forum is less antagonistic without his stirrings.
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • Who cares?
    The forum is less antagonistic without his stirrings.

    True, although Graham Devon is reasserting himself as chief forum idiot and thread wrecker.
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