Home sales expected to rise, says Rics

MrRee_2

AndyGuil wrote: »

That is a very naive statement. The market is very dangerous at the moment. External issues are threatening the market now and this may cause severe long term damage to the market.

It's a HOME first and foremost ... we are not talking of an investment vehicle - just a home to call your own.

And that is a VERY powerful driver for most people - noone really wants to rent for the rest of their lives, so, houses will always be sought after.

AndyGuil

Mr._Pricklepants wrote: »

Linky? Or is it just what you expect?

It won't be in the North that's for sure, tight cash flow up there. Try West Midlands and East Anglia, they had gains in Jan.

CRASH_BANG_WALLOP

classic mr ree. the dude has been outed and cant muster a reply

AndyGuil

MrRee wrote: »

It's a HOME first and foremost ... we are not talking of an investment vehicle - just a home to call your own.

And that is a VERY powerful driver for most people - noone really wants to rent for the rest of their lives, so, houses will always be sought after.

It is an investment when you weigh up against other options, i.e. renting. The market is unfavourable and its correction is continuing to reflect this. I think the bank prefer cash rather than sentiment.

paulmapp8306

um - the economy was supposed to recover as well

paulmapp8306

Just to add Mr Ree,

your assumptions are completely off base. Wages are NOT rising (in general), inflation figures while lower are still high, and VERY few FTGBs can afford to save £1k per month, thats one of the problems. Few could afford a mortgage of £1k per month and whil not paying one also have to fund other accommodation.

Personally I hope the housing market picks up a litle even though Im looking at buying (1st time buyer - but not until Nov at the earliest), but I thinnk well see a little spike pre April then it will all tail off again.

Despite everything else - mortgages are continuing to become harder to get.

You need to get your head out of the 350k per year poor salery, and into the real world of a COUPLE struggling to achieve £40k between them.

paulmapp8306

should read £50k not 350 !! that would be something

Sibley

Come on everyone.

It's time to shake hands. It's over. There will never be a house price crash.

STR lost the war.
Homeowners won.


Nothing more can be said.

Have a happy life. Over and out.

CRASH_BANG_WALLOP

paulmapp8306 wrote: »

Just to add Mr Ree,

your assumptions are completely off base. Wages are NOT rising (in general), inflation figures while lower are still high, and VERY few FTGBs can afford to save £1k per month, thats one of the problems. Few could afford a mortgage of £1k per month and whil not paying one also have to fund other accommodation.

Personally I hope the housing market picks up a litle even though Im looking at buying (1st time buyer - but not until Nov at the earliest), but I thinnk well see a little spike pre April then it will all tail off again.

Despite everything else - mortgages are continuing to become harder to get.

You need to get your head out of the 350k per year poor salery, and into the real world of a COUPLE struggling to achieve £40k between them.

dude dont take much notice of him he clearly lives in a fantasy world

CRASH_BANG_WALLOP

MrRee wrote: »

It's a HOME first and foremost ... we are not talking of an investment vehicle - just a home to call your own.

And that is a VERY powerful driver for most people - noone really wants to rent for the rest of their lives, so, houses will always be sought after.

no answer to post #10 dude :T your silence says it all sibley/ mr ree/ mr piinkypants/ mrs ree you have been found out you have been moligated man