Crash postponed?

Romani_Ite_Domum

but I also read that by 2024 the majority of the UK would be under an ice cap due to global warming.

Official_source wrote:

By 2024 most of the UK will be uninhabital. The only region left will be the far tip of West Cornwall. House prices will be 5000 times the average salary. One little old lady from a small village near lands End was heard to say. " Who'd of thought it. My little cottage being worth 3 trillion pounds. Oooohh lor "

Who the hell can predict house prices in 2026 !!!!!!.

edit lol 2006 indeed lol

pinkshoes

fimonkey wrote: »

Yes indeed, accept that life has changed so much that you can no longer acheive what you want but have to put up with what's left... or else get out of the game altogether.

( I obviously haven't learnt the knack of quoteing properly)

Well, my mum has 4 siblings, and the 7 of them lived in a 3 bed house all their lives, and it was perfectly adequate.

In those days, people were grateful for what they had, and didn't moan. Nowadays people think it's their human right to have their own house to themselves, a 37" plasma screen and a holiday abroad.

Eyesparky

Amazing, that there is such a shortage of houses in this country, that the Government are bulldozing streets of terrace houses near me that could economically be brought up to standard for affordable housing. They are, of course, replacing them with lower density housing that the prospective purchaser can pay twice as much to own 50% of as they would to own 100% of the renovated existing properties. All in the name of "improving affordablity" of course.

Anyone would think the Government liked to have a population dependent on them.

baby_boomer

BTman wrote: »

This post just stinks of a VI that is getting worried to me...
You're not an EA are you? or a baby boomer who has MEWed to the max and are a bit worried about paying off your LARGE debts???:rotfl: :rotfl:

Well I managed to look up MEWed successfully, but I'm lost about VI - the only thing I could think of was Value Investor.

I've owned property for less than 10 years and I've never had an interest in more than one property.

It just seemed to me that this was a major research project, properly highlighted by a major newspaper and effectively endorsed by that paper's economics' correspondents.

You may ignore at your leisure. It's no skin off my nose.

benood

baby_boomer wrote: »

Unfortunately you and I have paid for this "expert" opinion.

The National Housing and Planning Advisory Unit - It's a new government agency .

In that case it's objective is doubtless to come up with innovative new taxes which can be sold as helping first time buyers. FTB MIRAS anyone? And a stamp duty hike for the rest of us.:rolleyes:

Generali

baby_boomer wrote: »

Well I managed to look up MEWed successfully, but I'm lost about VI - the only thing I could think of was Value Investor.

I've owned property for less than 10 years and I've never had an interest in more than one property.

It just seemed to me that this was a major research project, properly highlighted by a major newspaper and effectively endorsed by that paper's economics' correspondents.

You may ignore at your leisure. It's no skin off my nose.

VI = Vested Interest.

If someone posts something you disagree with, it's not an interesting point they're making you may not have considered, its because they have a Vested Interest.

House prices gonna to rise - they're a blood sucking Rackmanite Landlord with a Vested Interest.

House prices gonna fall - they a green eyed ne'er do well slacker that wants to buy YOUR HOUSE for THREE QUID and are trying to talk the market down as they have a Vested Interest.

I hate those pesky VIs.

Romani_Ite_Domum

baby_boomer wrote: »

It's no skin off my nose.

Better keep listening. Might be a bit about 'Blessed are the big noses.'

baby_boomer

benood wrote: »

In that case it's objective is doubtless to come up with innovative new taxes which can be sold as helping first time buyers. FTB MIRAS anyone? And a stamp duty hike for the rest of us.:rolleyes:

The Times article suggested that help for individuals to buy was the wrong solution and that the only real and fair solution was to build more homes.

Jennifer_Jane

Sorry, but WHAT housing bubble, not in my area of the North West! Houses are slow to sell - 3 houses on my road have been on the market for months, mine was on the market for a year before it had any offers (now off the market as I lost thousands through failed chains).

If you want to get on the housing ladder, then move!

wecanhelpu

Jennifer_Jane wrote: »

Sorry, but WHAT housing bubble, not in my area of the North West! Houses are slow to sell - 3 houses on my road have been on the market for months, mine was on the market for a year before it had any offers (now off the market as I lost thousands through failed chains).

If you want to get on the housing ladder, then move![/QUOTE]


Sorry, but WHAT housing ladder.

If things continue the way they are, the house you buy now is the one you're going to stay in.

Without a dramatic change of circumstances (for the better) most people will not be able to move to a more expensive place.