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Debate House Prices
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Barratt join in with the leap in sales and profits
Comments
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Pedantis'm.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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Graham_Devon wrote: »Barratt are clear that help to buy is leading to higher profits..
Actually, they're clear that help to buy is leading to more houses being built as more people are able to buy.
How is that not a good thing?“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Graham_Devon wrote: »I don't know what I am supposed to have done now, but the opening line clearly states they expect profit to increase as a result of help to buy.
You're trying to infer that Help to Buy has 'simply' transferred money from 'us' to 'them' - it hasn't. If by saying 'more proof that help to buy is simply lining the pockets of companies' you weren't making such an inference but were clumsily agreeing with my take on the statement then I apologise.
Help to Buy has increased the available pool of buyers by reducing deposit requirements to 95% (scary!). Builders have reacted by building more houses and expect, therefore, to make more profit - that's really how it's meant to work.0 -
Graham_Devon wrote: »not so long back you were all falling over yourselves claiming I was wrong to state this would lead to higher profits. Is that the issue? That is HAS led to what many of us said it would? Yet even "financial advisors" couldn't see it?
Graham, as your last little comment makes it clear you're aiming this at me, perhaps you'd like to point out where I "fell over" myself to claim that it wouldn't lead to higher profits......I'd be interested to see where I said it.I am an IFA. Any comments made on this forum are provided for information only and should not be construed as advice. Should you need advice on a specific area then please consult a local IFA.0 -
Graham_Devon wrote: »This is rather cute. Look at you all falling over each other to find issu where it doesn't even exist.
Erm, well that is why you created this thread isn't it? You just crave the attention.0 -
Graham, as your last little comment makes it clear you're aiming this at me, perhaps you'd like to point out where I "fell over" myself to claim that it wouldn't lead to higher profits......I'd be interested to see where I said it.
No?.........Thought not.I am an IFA. Any comments made on this forum are provided for information only and should not be construed as advice. Should you need advice on a specific area then please consult a local IFA.0
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