Debate House Prices


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It's beyond doubt house prices will NEVER crash

There has been so much good news in recent months. House prices will not crash ever! Home owners have stood up and said NO to the hpc chain gang.

They wanted us on the streets

We have seen off some v nasty jealous people

All home owners deserve a pat on the back, we protected our families, built up are nest eggs, turned up to work in all weathers, mower our lawns, painted our fences. Never again will we be worried or scared about prices falling. Home owners step up and take a bow!!!!!!!
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Comments

  • eviekins
    eviekins Posts: 187 Forumite
    Combo Breaker First Anniversary
    'Protected your families?' What about young people trying to get their foot onto the property ladder? For a vast majority of these people it looks nearly impossible. I take it you don't have children/grand children!
  • PaulF81
    PaulF81 Posts: 1,727 Forumite
    That's funny. I remember buying a house from a mortgagee in possession who had been thrown onto the streets for 30% off original valuation.
  • eviekins wrote: »
    'Protected your families?' What about young people trying to get their foot onto the property ladder? For a vast majority of these people it looks nearly impossible. I take it you don't have children/grand children!

    Yoof have free education, tools to learn which were not around 20 years ago, enjoy holidays the previous generation could only dream of at thier age. I agree that large deposits should NOT be req. yoof are spending more on rent than it would cost to buy - let them buy I say just don't expect to buy a house in 2013 at 2000 prices
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    edited 18 March 2013 at 9:53AM
    Yoof have free education, tools to learn which were not around 20 years ago,

    Just in case you missed this bit.

    https://www.gov.uk/student-finance

    free uravinalarf
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • eviekins
    eviekins Posts: 187 Forumite
    Combo Breaker First Anniversary
    Free education??
    Hahahaha. It gets even more ridiculous!
    And you didn't respond to my presumption you don't have children or grandchildren - so I take it I'm correct as otherwise you wouldn't be so glorious about them being priced out of the housing market.
  • eviekins wrote: »
    Free education??
    Hahahaha. It gets even more ridiculous!
    And you didn't respond to my presumption you don't have children or grandchildren - so I take it I'm correct as otherwise you wouldn't be so glorious about them being priced out of the housing market.

    I used to be able to fill a car up for £15 now it costs £60 do you think prices will drop to that level?
  • PaulF81
    PaulF81 Posts: 1,727 Forumite
    They would do if a plague wiped out half of the global population.

    I wait in hope.
  • eviekins wrote: »
    'Protected your families?' What about young people trying to get their foot onto the property ladder? For a vast majority of these people it looks nearly impossible. I take it you don't have children/grand children!
    eviekins wrote: »
    And you didn't respond to my presumption you don't have children or grandchildren - so I take it I'm correct as otherwise you wouldn't be so glorious about them being priced out of the housing market.

    For my children and grandchildren I want a prosperous, growing economy with plenty of opportunities and stable jobs.
    But as we all know, this is intricately linked with a buoyant housing market.

    Or would you prefer economic collapse, mass unemployment and financial ruin for many in your quest for cheap housing?
  • Reaper
    Reaper Posts: 7,312 Forumite
    Name Dropper Second Anniversary Photogenic First Post
    I used to be able to fill a car up for £15 now it costs £60 do you think prices will drop to that level?
    Funny you should ask that but only yesterday the Sunday Times run an article called "Pump Up The Illusion - The Myth of Rising Fuel Costs" on the average cost of petrol over the decades. As cars have got better MPG the cost of filling up your car has actually fallen sharply as a percentage of household income.

    For example you would have spent 13.16% of your income driving a 2 litre Ford Cortina around in 1973, compared to just 8.1% in 2008 on Ford Mondeo 2.0 Zetec. 2013 cars are even better (but I skipped their example as it was only a 1.6 litre so not a fair comparison).
  • eviekins
    eviekins Posts: 187 Forumite
    Combo Breaker First Anniversary
    Plenty of opportunities, but just not the opportunity to own their own home then...
    Fantastic!! Best of luck to your children and grandchildren. With family spouting views like that they're going to need it.
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