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Debate House Prices


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Rents down again.

245

Comments

  • StevieJ wrote: »
    Just out of interest what are they wrong about? I would have thought that the bull/bear description would cover an opnion at a moment in time not a lifelong club membership :) It must have been tough for those whose housing bear enlightenment came in 2002 icon9.gif

    It must be tough for those self-styled housing bears who have bought and find themselves outside the Bear club. Often they leave the board, never to be seen again...
  • bendix wrote: »
    Huh? What were they doing? Eating their Christmas dinner on Waterloo Bridge?

    Why would the need for rental property be higher in January than it is in December?

    You obviously haven't heard the usual landlord/property investor excuse for reasons of lack of rental demand over Christmas bendix. You're reason about them having Christmas dinner on Waterloo Bridge is as plausible as any.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Anyone else finding the 'bull' and 'bear' thing increasingly tedious? Can we just discuss something sensibly without having to split off into gangs?

    Touche....
    Perhaps because the bears spend all their waking moments posting on housing forums. If that's not pent up demand, then I don't know what is!
    Is anyone actually doing that on this thread?

    What is it with these bears and their straw man arguments?
    That fact shook me, I thought the falls were far higher than that. Is it really the case that property bears have been holding off buying a house in order to pick up a bargain in the 'housing crash' and prices are down just 1% after 12 months?
    Come on bears, you're better than this! :angry:
    I guess the main question is whether the newly FTB bears feel outside the 'gang' because no one really believes that they are cheerleading falls after they have bought. Do they then just disappear?
    He can no longer 'play the bear' and mock his enemies when house prices fall because he (allegedly) is also impacted. He can no longer cheerlead house price falls because the 'bear gang' will not believe that a recent buyer is happy to lose hard earned cash (whereas the 'old timer' bears are sitting on 300% HPI and can be quite relaxed about a 10% drop here or there). He can't become a housing bull, for obvious reasons. He can't comment on economic data and form a reasoned argument because, well because he doesn't know how to.

    And more....but point made.

    Tedious when it suits?
  • drc
    drc Posts: 2,057 Forumite
    http://www.bbc.co.uk/news/business-16633825

    Rents decreased for the second month running following a decrease in December.

    With Christmas out of the way now though we should see the return of rent rises as all these people who didn't need houses over the Christmas period suddenly surge into the rental market.

    Wow, falling rents, even at a time when first time buyers cannot secure mortgages so have to rent, mass immigration to the UK continues and an (apparent) housing shortage. I wonder how much rents would fall if all these "props" were removed?
  • DervProf
    DervProf Posts: 4,035 Forumite
    Tedious when it suits?

    I was thinking the same.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You obviously haven't heard the usual landlord/property investor excuse for reasons of lack of rental demand over Christmas bendix. You're reason about them having Christmas dinner on Waterloo Bridge is as plausible as any.


    I can 100% guarantee (and I don't use this term lightly) you that most (exceptional circumstances excluded) properties in London will get a significant higher rent from July to Sept than you would in the following Dec.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • I can 100% guarantee (and I don't use this term lightly) you that most (exceptional circumstances excluded) properties in London will get a significant higher rent from July to Sept than you would in the following Dec.

    Well it would be a major disaster if they didn't.
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Well it would be a major disaster if they didn't.

    Nope, the same as it wouldn't be a major disaster if June followed July, but that aint gonna happen either. But I thought we were discussing reality?
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • Nope, the same as it wouldn't be a major disaster if June followed July, but that aint gonna happen either. But I thought we were discussing reality?

    Well with the Olympics on at that time I think you can safely say there will be an increase in rents in London in July to September this year. So yes you are right.
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Well with the Olympics on at that time I think you can safely say there will be an increase in rents in London in July to September this year. So yes you are right.

    I am talking about July to Sept and Dec in any average year not just this olympics exceptional year
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
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