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Debate House Prices
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25% rise in 5 years
gazzabboi
Posts: 210 Forumite
http://www.dailymail.co.uk/news/article-2439554/UK-house-prices-rise-25-5-years.html
You missed an article out this week...
You missed an article out this week...
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Comments
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http://www.dailymail.co.uk/news/article-2439554/UK-house-prices-rise-25-5-years.html
You missed an article out this week...
On behalf of everybody on this forum, I apologise for missing it out. It won't happen again.0 -
Great post thanks.
Home owners are king.
Pull the ladder up Jack. Smash the HPC toads....We love Sarah O Grady0 -
It annoys me when my house earns more than me...0
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If a generation of people are 'frozen' from the housing market - who are going to be the first time buyers? Surely a market cannot surge beyond the capabilities of people to buy into it?0
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ringo_24601 wrote: »If a generation of people are 'frozen' from the housing market - who are going to be the first time buyers? Surely a market cannot surge beyond the capabilities of people to buy into it?
It can if the government step in and come up with a scheme to enable people to buy outside of their natural capabilities.
If prices do increase as much as the forecast suggests, another larger scheme will need to be put in place as the existing one won't cut it. Maybe the government stumping up 30 or 40%.0 -
ringo_24601 wrote: »If a generation of people are 'frozen' from the housing market - who are going to be the first time buyers? Surely a market cannot surge beyond the capabilities of people to buy into it?
There won't be many and the property will be bought by BTL?0 -
Daily Mail in reporting prices might rise shocker...
Oh wait same poo different day.Have my first business premises (+4th business) 01/11/2017
Quit day job to run 3 businesses 08/02/2017
Started third business 25/06/2016
Son born 13/09/2015
Started a second business 03/08/2013
Officially the owner of my own business since 13/01/20120 -
Ho hum, that'll tie in nicely with the end of my new 5 year fixed rate (3.79% @ 85% LTV... thanks First Direct!)
You can artificially inflate people's deposits, but large house price increases need accompanying salary rises... or you create a bubble 'pop' when the artificial schemes finishes0 -
There will be less FTB's just like the times pre-1960 where the people that did buy were the ones that made the right sacrifices or where wealthy in the first place.ringo_24601 wrote: »If a generation of people are 'frozen' from the housing market - who are going to be the first time buyers? Surely a market cannot surge beyond the capabilities of people to buy into it?0
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