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!
Nationwide down 0.2%
Comments
-
0.2% of F All ... is still F All ...
The transaction levels are so low now - due to no stock coming to market - that the % falls or rises are pretty much redundant.
All I know is that everything around my way is either SOLD or UNDER OFFER ..... there is next to nothing For Sale - or, worryingly, nothing new coming to market.
If anything appears it is snapped up within an hour.
Chill out, after all...............Its just a ride:D:D:D:D:D:D:D:D:D:D:D0 -
For the saving savvy on here... if u manage to keep ahead of inflation then sure houses will become cheaper.. its akin to getting a 10% payrise every year... eventually that 3 bedroom house thats increasing at 1% will be dead cheap...
But the relationship is the 3 bedroom house is decreasing by inflation (5% say) and your salary is keeping up with inflation (0%)..
But if relationship is you get 0% pay rise then the 3 bedroom house is decreasing by inflation (5%) and your salary is also falling by inflation (5%).
Most people fall into the latter.
This is fine, but you also need to factor in that people need somewhere to live and most people who haven't bought a house rent.
While house prices may be falling in real terms versus inflation, rental prices have held strong and many areas have seen a massive increase.
Gambling that house prices will drop at a rate that offsets the cost of rent and wage stagflation is a dangerous game and one that is likely to be a financial mistake.0 -
Of course ..... take your room temperature at home, set at 20 degrees.
If the temperature fell by 0.04 of a degree, would you notice it?
Answer:- NO
However, would you rather pay for that heating and keep it forever (owning a home) - or, pay for it and watch it sail out the window - never to be seen again (Renting)?
But if The temperature rose by 0.04% you would be claiming that winter is over, the talk of a cold snap is rubbish and that summer is on the way.0 -
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards