Sanity About House Prices

Graham_Devon

ukcarper wrote: »

That's a step to far moving to some undesirable area just to save £10k are you sure you haven't had a couple G&Ts already.

Ouch!!! The handbags are out!

Graham_Devon

zagfles wrote: »

:rotfl:So why was your reply to my post basically "if I move to an area where prices have gone down I'm better off"!!

Well, duh! The only point you're proving is the opposite of the one you're trying to prove!

He's finally got the maths

yertiz_2

GeorgeHowell wrote: »

There may be some merit and interest in discussing the likely trend in UK house prices. But all the emotive stuff is ridiculous. On the one hand some posters whinge about the fact that the market is broadly speaking flat, whilst others bemoan the fact that prices are too high for many to get on the ladder.

GROUP A - PEOPLE WHO WANT HOUSE PRICES TO GO UP

1. Buy-to-let landlords
2. Those in negative equity/mortgage trap
3. Those planning to stay put and capitalise on property appreciation at some later, unspecified date, or leave a nice bequest.
4. Estate agents
5. Solicitors
6. Mortgage lenders
7. Property developers

GROUP B - PEOPLE WHO WANT HOUSE PRICES TO GO DOWN

1. Those who can't get on the housing ladder/their families who sympathise
2. Those hoping or needing to move upmarket

GROUP C - PEOPLE WHO DON'T KNOW THEIR **** FROM THEIR ELBOW

1. Those who have no rational reason to benefit from house prices going up, but irrationally feel somehow better off if they think their house is worth more than it used to be.

Feel free to suggest more categories if I've forgotten any.

Perhaps we could save the tedium of all the emotive stuff by people just simply posting their category each time the subject comes up -- which is at least once every day as far as I can see.

Group A - Media
- Bankers