A generation are being priced in order to keep the value up of their parents assets.

DpchMd

Graham_Devon wrote: »

Yes, I was being a bit supid (sic) there.

Finally!

Once again you've managed to turn a thread into a train-wreck. it actually hurts my brain reading your waffle.

Graham_Devon

DpchMd wrote: »

Finally!

Once again you've managed to turn a thread into a train-wreck. it actually hurts my brain reading your waffle.

Don't read it then. Simple.

moneyinmypocket

Your lack of answering the question smells fishy

undetterred

Graham_Devon wrote: »

Don't read it then. Simple.

If only we had that option,coming from someone with 42k of posting.

MacMickster

moneyinmypocket wrote: »

Graham - you didn't answer the question fully - why I'd you own a home do you want prices to crash and post do passionately about house prices?

Most homeowners really couldn't give a damn if the value of their home falls, because they bought it as a home (get the point yet?) and not as an investment. They will continue to live in it whatever its "value".

The reason that many want to see property prices fall is for the sake of their children and the economy in general.

I know that some will say they want to see property values increase so that they leave more to their children, but on average the "children" will be in their 50s or 60s before they inherit the family pile, and I would prefer my children to be able to buy rather earlier than that.

MacMickster

ukcarper wrote: »

Good idea especially has they are selling off land to developers but it would increase national debt and they can’t do that.

Of course they can increase national debt! This is one of the reasons that they should be borrowing moey - to improve the infrastructure of the UK. It is a particularly good idea when the project will pay for itself in the long run.

moneyinmypocket

MacMickster wrote: »

Most homeowners really couldn't give a damn if the value of their home falls, because they bought it as a home (get the point yet?) and not as an investment. They will continue to live in it whatever its "value".

The reason that many want to see property prices fall is for the sake of their children and the economy in general.

I know that some will say they want to see property values increase so that they leave more to their children, but on average the "children" will be in their 50s or 60s before they inherit the family pile, and I would prefer my children to be able to buy rather earlier than that.

Graham posts everyday I can not believe that he owns a house and is taking the moral high grand and wanting a HPC to suit everybody else's need

I also don't believe most homeowners aren't bothered about there house dropping

Graham_Devon

undetterred wrote: »

If only we had that option,coming from someone with 42k of posting.

Let's get this straight....you are reading a thread, whose author is myself, and then complaining you don't have the option not to read stuff I've posted?

You're doing a good job of mocking me there :undecided

MacMickster

moneyinmypocket wrote: »

Graham posts everyday I can not believe that he owns a house and is taking the moral high grand and wanting a HPC to suit everybody else's need

It is not moral high ground. If the economy of the country goes down the tubes because too much money is tied up in property then it affects everyone.

I also don't believe most homeowners aren't bothered about there house dropping

If my house dropped there (off a cliff?) then yes I would be bothered, but as for the price - nah!

ukcarper

MacMickster wrote: »

Of course they can increase national debt! This is one of the reasons that they should be borrowing moey - to improve the infrastructure of the UK. It is a particularly good idea when the project will pay for itself in the long run.

I did say it’s a good idea but can you see the present government doing it.