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Debate House Prices
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House prices to SURGE beyond peak thanks to Help to Buy
Comments
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HAMISH_MCTAVISH wrote: »Increasing asset prices will lead to increasing incomes for the majority, along with increasing employment and economic recovery.
So your point makes no sense.
How does a fixed asset that I need provide an income?
Of course if you are slicing off a proportion, as a parasite, each time an asset changes hands, I can see how it helps.
That only helps as long as an income into the country is being generated."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 Muruganantham0 -
HAMISH_MCTAVISH wrote: »:rotfl::rotfl::rotfl:
Very good.:T
Down size from a 300K house to a 150K house you have 150K.
Down size from a 200K house to a 100K house you have 100K.
You're 50K better off with HPI.
All the parasites creaming their percentage are happier too."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 Muruganantham0 -
HAMISH_MCTAVISH wrote: »:rotfl::rotfl::rotfl:
Very good.:T
Down size from a 300K house to a 150K house you have 150K.
Down size from a 200K house to a 100K house you have 100K.
You're 50K better off with HPI.
This was one of renomans flaws. He wouldn't admit that his plans benefitted from hpi.
He falsely used to make out that he wasn't a property ramper.0 -
grizzly1911 wrote: »All the parasites creaming their percentage are happier too.
As would you have been if you had chosen a career path that involved taking a percentage. There's no point in trying to fool yourself, or anyone else, into believing that you wouldn't be.
In my opinion, calling people like solicitors, estate agents and insurance salespeople parasites has a tone of jealousy towards it. I don't feel that anyone has a right to call anyone a parasite just because, at second-level education, they chose a different career path to you.
I'm a software developer for an insurance company. I could call my insurance broker a parasite when I view the annual commissions he receives after selling me a policy - which are higher if I've to cover a larger mortgage. Equally, I could realise that I'm one of the people who causes the increase in insurance premiums due to the companies IT cost - and, therefore, am part of the same system and am no better, or worse, than him.
I'm not sure about where house prices factor into the economy as a whole. I think that flat prices, or prices that increase by inflation, would be best with regards to stability.
However, that's not the way economic cycles work and I, for one, am not going to keep my money in savings, where it loses a guaranteed 0.5%+ per year to inflation, because I feel that higher prices are not good for the economy as a whole.0 -
grizzly1911 wrote: »Ramping a money go round based on debt isn't productive if their is no way of repaying it.
What makes you think that mortgages are not being repaid?
Last I read, Mortgage debt was being reduced.:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
Graham_Devon wrote: »I've edited your list and added bits in blue.
Graham,
I believe many have been round the houses with you on these points before and have no inclination this morning to do the same again.
I have not placed any weighting on the points I made, simply the areas / those that gain from HPI as a responce to moneyinmypockets post that HPI benefits the country.
I also listed those that don't benefit.
Having a list like this may help you understand why "VI's" see house price rises as beneficial and why the government who can see that this is the majority of the voting population and wish to cater to them.
This is the reality Graham.:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
chucknorris wrote: »You can add architects, quantity surveyors, project managers, structural engineers, mechanical and electrical engineers to that list (as well as many many more)
Maybe Graham wants to add his blue comments to these as well:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
Almost everyone benefits in some way when a large percentage if the population becomes richer and has more money to throw around.Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.0
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marathonic wrote: »In my opinion, calling people like solicitors, estate agents and insurance salespeople parasites has a tone of jealousy towards it. I don't feel that anyone has a right to call anyone a parasite just because, at second-level education, they chose a different career path to you.
You can add architects, quantity surveyors, project managers, structural engineers, mechanical and electrical engineers to that list (as well as many many more)Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
Hang on the daily snail said "Overall, the CEBR’s report said house prices will reach an average of £227,000 next year compared to £222,000 now, and continue to rise after that."
Where did 222K come from? I thought average house prices were in the 160K mark?0
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