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Debate House Prices


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Government welcomes sharp increase in house prices

24

Comments

  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Blimey. It's bloody difficult around here!
  • TruckerT
    TruckerT Posts: 1,714 Forumite
    chris_m wrote: »
    According to the quote to which you refer, the government has only welcomed the data - doesn't necessarily mean that they also welcome the interpretation placed on it :p

    I'm not sure which quote we are talking about, but here is something from one of them...

    "figures from the Department for Communities and Local Government showed show that new housing supply is at its highest level since 2008 – the tail end of the housing bubble"

    If housing supply is on the increase, then why are prices going up? It's like a government-sponsored gold rush!

    TruckerT
    According to Clapton, I am a totally ignorant idiot.
  • nickj_2
    nickj_2 Posts: 7,052 Forumite
    so house prices that a lot of people can't afford are going to get even more unaffordable. HAVE WE LEARNT NOTHING?, how long before we get the 125% mortgages , face palm
  • Loughton_Monkey
    Loughton_Monkey Posts: 8,913 Forumite
    Part of the Furniture Combo Breaker Hung up my suit!
    I don't give a toss what the government thinks. Personally, I welcome the fact that number of buyers entering the property market and house prices are increasing sharply.

    Besides, if governments could 'think', then I'm sure we wouldn't be in the mess that we are. Some individuals within the government may well be able to 'think'. But I think they think different things.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Graham_Devon wrote: »
    Blimey. It's bloody difficult around here!

    Just being factual. :beer:
  • TruckerT
    TruckerT Posts: 1,714 Forumite
    Loughton_Monkey wrote: »
    I don't give a toss what the government thinks. Personally, I welcome the fact that number of buyers entering the property market and house prices are increasing sharply

    If I didn't know better, I'd think you were a turn-of-the-century banker!

    TruckerT
    According to Clapton, I am a totally ignorant idiot.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Graham_Devon wrote: »
    It's in the quote flower.
    So you knew that the government didn't say anything about welcoming house prices rising but you thought you'd do a bit of trolling instead. Good work.

    Thanks for confirming.
  • dotdash79
    dotdash79 Posts: 1,069 Forumite
    If house prices are booming why are people still in negative equity?
  • Jack_Johnson_the_acorn
    Jack_Johnson_the_acorn Posts: 1,333 Forumite
    edited 13 August 2013 at 8:50PM
    dotdash79 wrote: »
    If house prices are booming why are people still in negative equity?

    Because they aren't booming..... they're increasing at a rate slightly above RPI.

    Long may it continue.... Congratz my fellow home-owners
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    dotdash79 wrote: »
    If house prices are booming why are people still in negative equity?

    maybe worth reading the numbers rather than the sensationalist headlines?
This discussion has been closed.
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