Debate House Prices


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  • Jason74
    Jason74 Posts: 650 Forumite
    andykn wrote: »
    True, but the suggestion that there are sinister VI forces at work driving up house prices more than just more people wanting a house than houses available does the more stupid and gullible on there a disservice.

    Particularly as that's all that's left once all the realist voices are culled.

    That's very true. I was another who got "stealth banned". My "crime" was stating just over a year ago that prices in my area of South London appeared to be edging up (in a couple of threads about what house prices were doing in South London!). The shame in my opinion, is that there is a real need for a slightly left field debate on the whole cost of housing issue.

    You're right that the lack of availability is a factor in pricing, but there can also be little doubt that government intervention is playing a significant role in the market at the moment. Where for example, would prices be now without 0.5% interest rates, the intervention of funding for lending, and now the (imho) ludicrous "help to buy (part 2)". That's before you even get into issues like why some sections of the media promote rising housing costs as a good thing (would that ever happen for food and energy?) the way in which BTL has a choking effect on supply, and whether btl should be curbed in the context of the supply and demand issues that you raise.

    So I think that there is a real value in debating the impact of those measures / circumstances, whether they are a good thing, and people's options in the face of the realities that we are now dealing with. As a house price centered website, HPC was in many ways the natural "host" for that debate. It arguably played that role in the run up to the Credit Crunch, and certainly some posters on there (most of whom no longer post) made some calls that seemed odd at the time, but turned out to be bang on the money.

    However, the way they've gone about things more recently has actually rendered them irrelevant. It's now little more than a coalition of the like minded, with no meaningful debate, and is pretty pointless as a result. I wouldn't worry too much about it influencing people though. There's a huge amount of information, discussion, and debate online. HPC is clearly on the margins these days, and more than adequately countered by other sources giving an alternative view. If someone is going to make their decisions based on what they read on HPC, they will probably have screwed up all on their own, whether the HPC gang were there or not.
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    harpoboy wrote: »
    I so love Johnny Davis.

    He "Sold to Rent" in 2003 waiting for the great house price crash.

    He's still waiting.

    :rotfl::rotfl::rotfl:

    Shame really - he could have paid off most or all of his mortgage by now, particularly with mortgage rates much lower than 2003.

    Here's Jonny defending himself today (but I think even he is predicting an upturn in prices for this year - 5% if I recall):

    http://www.housepricecrash.co.uk/forum/index.php?showtopic=195741
  • harpoboy
    harpoboy Posts: 164 Forumite
    Pimperne1 wrote: »
    Here's Jonny defending himself today (but I think even he is predicting an upturn in prices for this year - 5% if I recall):

    http://www.housepricecrash.co.uk/forum/index.php?showtopic=195741


    Bless him - buy old Jonny is a funny one.


    I saw a video clip of him recently, where he was congratulating himself for predicting the great price crash of 2008.


    Sadly, he has been predicting a price crash each year from 2003 to 2007, and for most years from 2009 onwards.




    Even a stopped clock is right twice a day
  • Blacklight
    Blacklight Posts: 1,565 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    10ys on this site and still no HPC is my favorite thread at the moment.

    Someone commented that with things the way they are there's guaranteed to be a crash is 2016. I would have laughed, but these days it's so tragic.
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    http://www.housepricecrash.co.uk/forum/index.php?showtopic=195764&st=0
    After a very bad last two weeks when you think things just cannot get any worse I had a call from my landlord this morning asking if he could nip around and see me, I looked up at the sky and knew what was about to happen, I have been given three months notice. I just looked up at the sky again and said to myself "why are you doing this to me" :lol::lol::lol:

    I am seriously about as low as I can get, I have done a list this morning of the times I have moved in the last eight years, it is over ten times with a little sofa hopping thrown in as well. I have so many other things to deal with at the moment, my mum has MS, I was dumped on xmas eve, and I have a few issues with my work right now that are quite stressful.

    Most of what is happening with me at the moment is highly emotive, so I will not start boring people with my feelings. But after eight years of mostly making the best out of a bad thing I am now running on fumes and just wanting to be somewhere secure.

    I have been quite vocal and opinionated over a few political and social issues in recent years, and I quite often blog/post on various sites. I have even been on 5 live a few years ago and was asked by them if I would come on an evening program and talk about my experience. I refused through lack of bottle and also feeling slightly ashamed of my postion, I feel like a "Bum" when I am anything but.

    It is probably too late now, but anger is now creeping into my usually good perspective and if Steve Nolan phoned now I would probably do it.

    I have done this once too ofen just lately, but another bottle of the hard stuff is now about to go down my neck :rolleyes:

    Poor guy. I wonder what Killer Bunny thinks about that. He at least should have some compassion, what with being stuck renting himself and having given such duff advice to people to do the same for the last decade:
    Killerbunny: Sounds to me as if you've been an idiot re landlords and tenancies. Get at 2 or 3 year tenancy. If they don't provide, go to next one until one says yes.

    Anecdotally, there's probably 30% of properties available on such a tenancy. Also, some 10% of land;lords are professionals ie have a multiple and just want the security of the rent. So more amenable to >1 yr tenancy.

    If your response is but noone round here will do that then move

    Oh, well. My goodness. That's not very nice. Still I suppose it takes an idiot to know one.
  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    So who is the worst "right wing childless self serving scumbag on Gods earth"

    http://www.housepricecrash.co.uk/forum/index.php?showtopic=195768&st=45
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • System
    System Posts: 178,323 Community Admin
    10,000 Posts Photogenic Name Dropper
    Jonbvn wrote: »
    So who is the worst "right wing childless self serving scumbag on Gods earth"

    http://www.housepricecrash.co.uk/forum/index.php?showtopic=195768&st=45
    I often lurk on the property board of MSE where you will find the most vile right wing childless self serving scumbags on Gods earth, the type from years past you knew hated those funny smelling black chaps from aboard and would have watched as their favourite program "Love they neighbour". :)
    But because they know that a huge influx of immigrants into the UK = rising property prices they have now become ethnic loving anti facist cultural brothers

    Cor that's a bit strong from someone who thinks the world owes him a favour because his landlord had the audacity to serve notice and then wallows in his own self pity.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
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