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Debate House Prices


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House Price Rising Fast....2000 Pounds a Month

1235

Comments

  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    JencParker wrote: »
    A 5% or 10% deposit? Maybe in the wilds of Scotland but you'd need a lot more than that here.

    Eh?







    ........
    “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”
  • JencParker
    JencParker Posts: 983 Forumite
    Eh?







    ........

    Well, if you can't work that one out, I rest my case!
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    JencParker wrote: »
    Well, if you can't work that one out, I rest my case!

    Did you confuse % and K :rotfl:
    “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”
  • JencParker
    JencParker Posts: 983 Forumite
    Did you confuse % and K :rotfl:

    No - come on Hamish - it's not rocket science!
  • stevemcol
    stevemcol Posts: 1,666 Forumite
    House prices rising faster than inflation is, in general and only in my opinion, a bad thing. It excludes young people & first time buyers from the market. It makes it more difficult for new families to upgrade. It makes buy to let leaches even richer (I've no real problem with the second property brigade, just the ones buying up whole neighbourhoods). Usual pattern, the already rich get richer, the poor get.....well you know the rest.
    Apparently I'm 10 years old on MSE. Happy birthday to me...etc
  • I think you'll find it's the crashaholics who are gutted.

    Prices up 10K in a year, and up 25K in 4 years, yet most of them still can't buy a house thanks to mortgage rationing.

    Ah well....

    some dude has had too much haggis
    Maidstone Prices - average reductions at 8.5% (£19,668) Feb 2012 - We thought the dudes were not allowed to drop prices?
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Lets say two people have an identical, treatable, illness.

    One of them goes to the doctor and gets medicine. He gets better in a week.

    The other one stays at home worrying about his illness. He gets better in a month.

    Does the person who used the medicine on offer from society have an "unfair advantage" over the person who didn't?

    PMSL at this.

    Hamish, your explanation are becoming more and more "out there" every week that passes.
  • Sibley
    Sibley Posts: 1,557 Forumite
    Ninth Anniversary Combo Breaker
    PMSL at this.

    Hamish, your explanation are becoming more and more "out there" every week that passes.

    My explanations are not out there.

    I want my house to increase in price as much as possible.
    I don't care how mortgaged up the young have to get and I don't care what situation people like you are in.

    Money number 1.

    If you cant pay move aside.
    We love Sarah O Grady
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    Sibley wrote: »
    My explanations are not out there.

    I want my house to increase in price as much as possible.
    I don't care how mortgaged up the young have to get and I don't care what situation people like you are in.

    Money number 1.

    If you cant pay move aside.

    What are you going to do with this inflated asset to allow you to use its stored "wealth"?
    "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
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    edited 14 July 2013 at 12:40AM
    Lets say two people have an identical, treatable, illness.

    One of them goes to the doctor and gets medicine. He gets better in a week.

    The other one stays at home worrying about his illness. He gets better in a month.

    Does the person who used the medicine on offer from society have an "unfair advantage" over the person who didn't?

    The medicine being provided is antibiotic. It may make the patient better for a short while. But the illness builds resistance to the antibiotic. It cures fewer and fewer patients and the illness left just becomes a bigger issue to treat.

    Of even more concern is the doctor doesn't care about the long term consequences.
    "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
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