The property market is ready for take-off

james_toney

Thrugelmir wrote: »

Compensates for a lack of first time buyers. Lenders have far more security with BTL'ers.

Problem lies in the future. As the property ladder will be broken. With not enough people in a position to trade upwards.

I would have agreed with this a year ago, but after 6 years of hearing how the property ladder will be / is broken, and 50% falls in house prices, i gave up and buying is the best thing i ever did

Turnbull2000

james_toney wrote: »

More QE will inflate any savings.

it all look quite scary

To quote our new BoE Governor today...

Stimulus needed for some time

dryhat

Conrad wrote: »

Hamish you keep blaming the Banks. Honestly your'e missing the big picture every time. I don't get why this is?

If you saw the applications that fail and how FSA regulation causes such, maybe you'd have a broader picture of things.

And who do you think runs the FSA?

Harry_Boyle

God, I hope it takes off. I need HPI in order to downsize in 20 year's time, according to one of the less mathematically literate crashers on here. Unless we have HPI, 2 bed cottages in my village will be worth more than 5 bed farm houses in the year 2033 and this will prevent me downsizing.

Mind you, this person also argued that repayment mortgages were safer than IO mortgages during job losses because you could convert to IO from a repayment mortgage but not from an IO mortgage.

I love this forum for its weird and wonderful characters!

Dribley

Turnbull2000 wrote: »

Hi, we've had to remove your signature. If you're not sure why please read the forum rules or email the forum team if still unsure - MSE ForumTeam

Have you thought of removing this from your sig?

shortchanged_2

Harry_Boyle wrote: »

I love this forum for its weird and wonderful characters!

Obviously because you keep coming back like a bad smell.

Graham_Devon

Hehe, even an uber HPI ramper is suggesting another uber HPI ramper is becoming a little misleading now!

nollag2006

Graham_Devon wrote: »

Hehe, even an uber HPI ramper is suggesting another uber HPI ramper is becoming a little misleading now!

But, but, I thought everyone knows that houses are massively overvalued and will drop in value by a million percent any day now??

Isnt that what you've been telling us for years Devon?

Graham_Devon

nollag2006 wrote: »

But, but, I thought everyone knows that houses are massively overvalued and will drop in value by a million percent any day now??

Isnt that what you've been telling us for years Devon?

What on earth does that have to do with what I said?!

Read again.

Thrugelmir

james_toney wrote: »

I would have agreed with this a year ago, but after 6 years of hearing how the property ladder will be / is broken, and 50% falls in house prices, i gave up and buying is the best thing i ever did

You are one person. One person does not influence or make the market.

The future is very uncertain. History suggests that this time is no different. In fact worse the 1930's. Despite many thinking they had finally cracked the system.