It's beyond doubt house prices will NEVER crash

Mr._Pricklepants

eviekins wrote: »

Best of luck to your children and grandchildren.

Thanks.
The children have flown the nest a while ago, have good jobs and had no issues getting onto the housing ladder.

The views I've been 'spouting' about a good education, hard work, a decent job and positioning yourself in an ever more competitive society - instead of waiting and hoping for an asset price to come down - doesn't seem such a bad view after all.

Percy1983

Surely the title should "won't crash again" you know after that very recent one you seem to forget about.

PaulF81 wrote: »

They would do if a plague wiped out half of the global population.

I wait in hope.

Interestingly I was reading about black death the other day and that did get rid of about 40% of the worlds population, but it actually caused more proplem with repopulation as many more young males than females where killed.

Not saying I want such a thing to happen again, but part of does wonder how many problems it would solve.

EvilJaz

Please correct me if i am wrong.

The recession was caused by the 'older' generation. People getting given mortgages that were clearly too high risk.

Now as a result the younger generation will suffer. Especially as they are a easy target for the government.

wotsthat

Percy1983 wrote: »

Not saying I want such a thing to happen again, but part of does wonder how many problems it would solve.

I'd be a little bit sad if 40% of my friends and family died but on the upside it might take some of the traffic off the roads - my commute's shocking!

HAMISH_MCTAVISH

EvilJaz wrote: »

Please correct me if i am wrong.

OK.

You're wrong.

Consider yourself corrected.

UK mortgage lending did not cause this recession.

EvilJaz

So what did Hamish?

Because i have an open mind and am willing to listen.

Mr._Pricklepants

Percy1983 wrote: »

Interestingly I was reading about black death the other day ...

Maybe this could be another bear beacon of hope?

We already had:

"wait until the conservatives get in and prices will crash!"
"wait until stamp duty holiday is over and prices will crash!"
"wait until the olympics are over and prices will crash!"
"wait until benefit cap comes in and prices will crash!"

New one:

"wait until black death strikes and prices will crash!"

ruggedtoast

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!

My son is 4 this year and I am starting to feel seriously pessimistic that he will have any chance of buying his own place in 20 or so years time. I had previously assumed that all this nonsense would be over by the time he is an adult.

Hopefully the pendulum will start to swing in the other direction but when you look at all the props the government are putting in place to stop new building and condense demand I wonder.

EvilJaz

Should make it simple and do something radical.

No second homes within the same county.

Waits for the abuse

IveSeenTheLight

EvilJaz wrote: »

Should make it simple and do something radical.

No second homes within the same county.

Waits for the abuse

No abuse, just a question for you.

for the many people / students etc who stay in a different part of the country from their home, do you wish to take away the option of ownership and force rental as the only option?