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Debate House Prices


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If this Property bubble BURSTS! what will happens to house prices?

2

Comments

  • Jane_gs
    Jane_gs Posts: 221 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    WellKnownSid wrote: »
    It is highly likely that 'house properties' will remain 'house properties' before, during and after the bubble. All the evidence shows us that, in previous bubbles, there has been no tendency for houses to turn into, for example, bananas.
    HappyMJ wrote: »
    Depends if you left the gas on or not. The house property may burst so I'd suggest you trn the gas off to avoid that.

    oops, I meant 'house prices'....not house properties. (edited in original post)
  • benb76
    benb76 Posts: 357 Forumite
    chewmylegoff wrote: »
    I'm not sure millions were scared by HPC. Only about ten people have ever heard of it and five of them seem obsessed with what happens there and post all about it here. Everyone else thinks it's just a couple of d!cks ranting on the Internet.

    Nail. Head. My experience of HPC, even in the depths of the recession, is that it is populated by the same 20-30 regular posters who spend their lives on the forum and post 30+ messages a day. Not really representative of the house owning population.
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    What happens to bus stop properties is what I wanna know, in'it?
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Jane_gs wrote: »
    and In regards to lending companies/banks lending mortgages..then what happens:

    a) What happens to lending companies lending for mortgages before the bubble ?
    b) What happens to lending companies lending for mortgages during the bubble ?
    c) What happens to lending companies lending for mortgages after the bubble (when it bursts) ?

    ie, does it get harder, stricter, easier ?


    There's no bubble in lending. Quality of current lending policy isn't an issue either.
  • chris_m
    chris_m Posts: 8,250 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    chewmylegoff wrote: »
    Everyone else thinks it's just a couple of d!cks ranting on the Internet.

    You mean it isn't?
  • Danny_G
    Danny_G Posts: 726 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Sibley wrote: »
    We have seen what happens.

    Prices stagnate until economy sorted then up they go again.

    are we in the stagnate period now
    No Unapproved or Personal links in signatures please - FT3
  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    benb76 wrote: »
    Nail. Head. My experience of HPC, even in the depths of the recession, is that it is populated by the same 20-30 regular posters who spend their lives on the forum and post 30+ messages a day. Not really representative of the house owning population.

    They're a few more than that, but I agree with your sentiment.

    I've just looked at the Forum and it shows 78 'members' and 436 'guests' So it becomes a bit like watching any 'crash' A couple of cars have collided, but hundreds can't help but look as they drive past.
  • Fella
    Fella Posts: 7,921 Forumite
    1,000 Posts Combo Breaker
    TruckerT wrote: »
    The only thing you can be certain of is that the lenders will continue to profit, and that the borrowers and/or the taxpayers will pay the price.

    TruckerT

    But the taxpayers own the lenders?
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Fella wrote: »
    But the taxpayers own the lenders?

    Not all of them.
  • Blacklight
    Blacklight Posts: 1,565 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    So, it's 2005 all over again. Thanks for cementing the overall view Jane.

    We can close the book on this chapter.

    When is this bubble going to burst people? Graham get yer graph out.
This discussion has been closed.
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