Slump In Market is Coming - Housing Expert

Graham_Devon

julieq wrote: »

1) High street in ruins. So where do you buy things? Mostly I buy things online now. That's the trend you're seeing. Fact dismissed dude.

You've dismissed the fact that shops are increasingly closing because you buy things on the net?

Theres a lot of stuff out there today about this, and none of them mention what you do - though I'm sure you're telling me that's what they are actually saying. C'mon Julie....

2) Estate agents having heart palpitations? Not a fact. A few estate agents arguing for an extension of the stamp duty holiday. Why? Because it accelerates their pipeline.

What does "accelerates their pipeline" actually mean? Afterall, you have been saying for (seemingly) ever now, that stimulus has little effect. Now you appear to be going against all of that?

3) Stamp duty holiday ending. So how does a 1% one off increase have a long term effect. Tell me in your own words dude.

This one is pretty simple. It add's a relatively large cost to the upfront cost of a house.

nollag2006

julieq wrote: »

I will confidently predict that this change will have had no discernible effect on the market in 6 months time, because the housing market is driven by an increasing supply side shortage. Rents will be rising, purchase prices will be drifting upwards, confidence will be returning in the general economy.

Would fully agree with this balanced view.

House prices will tick up and down a fraction of a percent over the next 3 months, but we will see a substantial jump in the market in the last half of the year, esp in London where I'd see house prices rising 5-8% over the course of 2012

nollag2006

julieq wrote: »

Lots of bullying and sarcasm here, very little in terms of predictions.

I rest my case really.

Not true julie

Remember brit1234 and his 50% down by Christmas 2009?? Oh how we laughed!!

These bears have no spine, and wont come out and quantify these supposed falls.

Reason: they will just look more foolish than they do now.

It does as Graham so eloquently put it "male" me wonder if people think before typing sometimes

:rotfl:

FTBFun

Graham_Devon wrote: »

PMSL. That's class.

Get's owned and complains of bullying after she's just been labelling half the forum!!!

Who is owning her? The laughable contributor "SecondLegDownIsTheBigOne"? Or how about the knowledgable "CrashBangWallop".

I've seen better arguments on DT than on here lately.

Blacklight

The problem is the perception of the poor underclass here. £40k on the price of a house seems a lot to renters who can only dream of buying a place if prices fell by 70%.

For the people buying them it's just something they'll sigh about and carry on.

Say you're on your paper round earning £10 a week to subsidise your government handout and the headlines are: 'stamp duty rises by a massive 40%, the world is going to end'

Wow.. for a person buying a £140k house that's £560! Almost all your annual income. This must mean that all house prices will fall off a cliff by Christmas?

Problem is, if you can afford £140k for a house you're not going to give a toss about £560 on the price of it.

If you can afford £2m plus then £40k isn't going to put you off either.

It's all relative, you're just poor.

ess0two

FTBFun wrote: »

Who is owning her? The laughable contributor "SecondLegDownIsTheBigOne"? Or how about the knowledgable "CrashBangWallop".

I've seen better arguments on DT than on here lately.

Seems devon is enjoying some back slapping with the sockies,sad indeed.

Graham_Devon

Mystic Trev a sockie now?

I just can't keep up.

It's like I offended the Queen or summit

CRASH_BANG_WALLOP

FTBFun wrote: »

Who is owning her? The laughable contributor "SecondLegDownIsTheBigOne"? Or how about the knowledgable "CrashBangWallop".

I've seen better arguments on DT than on here lately.

i posted hard facts dude from nationwide etc and she dismissed them. the fun in your title needs removing you depressing goon

wotsthat

CRASH_BANG_WALLOP wrote: »

Its safe to say julie has been moligated. no point talking to any dudes who doesn't answer the full questions put to them.the evidence is there but she ignores it she has dimissed estate agents, former head of association of estate agents and nationwide

I'm still interested in how a 1% one off cost would cause prices to fall by more than 1% or caused a continued slide.

When you're ready.