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Debate House Prices


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What is wrong with wanting cheaper homes

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Comments

  • nollag2006
    nollag2006 Posts: 2,638 Forumite
    Jimmy_31 wrote: »
    A mad man running full steam ahead with a spanner and a toolbox.

    He could do with slowing down a bit.

    Mind you that would slow down the amount of equity hes building up in his house as hes currently adding 10 to 20ks worth of value every week with that toolbox:D


    Shame you couldn't do the same for your "mam", as you call her.

    Sounds like she produced a right toolbox with you !

    :rotfl:
  • Jimmy_31
    Jimmy_31 Posts: 2,170 Forumite
    nollag2006 wrote: »
    Shame you couldn't do the same for your "mam", as you call her.

    Sounds like she produced a right toolbox with you !

    :rotfl:

    Touche.......
  • Linda_D_2
    Linda_D_2 Posts: 1,891 Forumite
    Even though I'm a homeowner I'm very pleased with the falling house prices in my area giving others a chance to get a step on the housing market ladder. Long may it continue.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Linda_D wrote: »
    Even though I'm a homeowner I'm very pleased with the falling house prices in my area giving others a chance to get a step on the housing market ladder. Long may it continue.

    Really?

    You like seeing more people out of a job and the economy back in recession?

    Shame on you....:naughty:
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”
    -- President John F. Kennedy”
  • Linda_D_2
    Linda_D_2 Posts: 1,891 Forumite
    No, I like to see people getting the chance to buy affordable property. I'm not selfish like you.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Linda_D wrote: »
    No, I like to see people getting the chance to buy affordable property.

    And how will they do that without a job?
    I'm not selfish like you.

    Oh but you are....

    Everybody has seen what happens to the economy and unemployment when house prices fall.

    So only a raving lunatic would wish for a house price crash.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”
    -- President John F. Kennedy”
  • Jimmy_31
    Jimmy_31 Posts: 2,170 Forumite
    HAMISH_MCTAVISH wrote: »
    Really?

    You like seeing more people out of a job and the economy back in recession?

    Shame on you....:naughty:

    You cant stop it now hamish, its already here.

    House prices only ever go up, right up until the decision is made to push them back down again.
  • Linda_D_2
    Linda_D_2 Posts: 1,891 Forumite
    They've got jobs. I was talking about house prices lowering and didn't even mentioned a house price crash. Learn to read.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    HAMISH_MCTAVISH wrote: »
    Everybody has seen what happens to the economy and unemployment when house prices fall.

    The problem with your theory is that it will always have a ceiling.

    If unemployment reaches say 0.2%, does that mean house prices can no longer increase?

    I'm sure your argument would be very different in this case.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Linda_D wrote: »
    They've got jobs. .

    They won't have if house prices fall significantly.;)
    I was talking about house prices lowering

    Lower prices have led to a 50% fall in the number of people able to buy a house so far.:cool:
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”
    -- President John F. Kennedy”
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