Rightmove March +1.6% MoM +6.8% YoY

wotsthat

I'm delighted that Help to Buy has been extended to 2020. I really don't think it has been discussed enough - an extra 5 years should give us chance to catch up on this neglected subject.

Graham_Devon

wotsthat wrote: »

I'm delighted that Help to Buy has been extended to 2020. I really don't think it has been discussed enough - an extra 5 years should give us chance to catch up on this neglected subject.

Too tough a question for you then?!

mayonnaise

Graham_Devon wrote: »

So why then, do we need HTB to provide supply?!

Graham_Devon wrote: »

Too tough a question for you then?!

Ok, I'll give it a go.

HAMISH_MCTAVISH wrote: »

And exactly as predicted, rising prices are delivering a supply response and unlocking the frozen market, enabling more people to buy and sell.

I assumed Hamish meant that the market is starting to show positive signs on the supply side, not that they were completely sorted.
You probably read it that way too, but you're looking for the next semantics forum fight, aren't you?

shortchanged_2

So what happens when HTB is discontinued?

Are houses going to become more affordable for the masses again?

Seeing as HTB is helping to push prices up it's actually making housing more expensive for the future generations. Looks like loose lending is back on the agenda again. Happy days.

wotsthat

Graham_Devon wrote: »

Too tough a question for you then?!

Higher prices have elicited a supply response. However there's still a shortage of housing paired with a government desire to stimulate the economy and create new Tories. Help to Buy is helping on all counts.

What's your position? Are you against HTB or something?

wotsthat

shortchanged wrote: »

So what happens when HTB is discontinued?

You and Graham move on to the next big thing that'll cause the sky to fall in?

Graham_Devon

mayonnaise wrote: »

Ok, I'll give it a go.



I assumed Hamish meant that the market is starting to show positive signs on the supply side, not that they were completely sorted.
You probably read it that way too, but you're looking for the next semantics forum fight, aren't you?

I read what he stated. Instead of assuming he meant something else.

So the question is, if rising prices are, "exactly as predicted", delivering a supply response, why do we need a stimulus scheme such as HTB to deliver a supply response? Afterall, the need for supply is, we are told, the reason for HTB.

Kind of begs the question really. What's actually delivering the supply response? is it as Hamish has said, rising prices, or is it HTB, or a combination of both?

If it's a combination of both, then it's not "exactly as predicted" at all.

Don't worry too much....just challenging the statements.

chucky

shortchanged wrote: »

So what happens when HTB is discontinued?

Are houses going to become more affordable for the masses again?

Seeing as HTB is helping to push prices up it's actually making housing more expensive for the future generations. Looks like loose lending is back on the agenda again. Happy days.

Housing has never been affordable to the masses.

It's a big sacrifice buying a house and maintaining it.

chucky

Graham_Devon wrote: »

I read what he stated. Instead of assuming he meant something else.

So the question is, if rising prices are, "exactly as predicted", delivering a supply response, why do we need a stimulus scheme such as HTB to deliver a supply response? Afterall, the need for supply is, we are told, the reason for HTB.

Kind of begs the question really. What's actually delivering the supply response? is it as Hamish has said, rising prices, or is it HTB, or a combination of both?

If it's a combination of both, then it's not "exactly as predicted" at all.

Don't worry too much....just challenging the statements.

Exactly as predicted... It's just too easy with some of these "people"...

HAMISH_MCTAVISH wrote: »

And exactly as predicted, rising prices are delivering a supply response and unlocking the frozen market, enabling more people to buy and sell.

It's been discussed on here often enough that this should come as absolutely no surprise to anyone.

chucky wrote: »

This is a very difficult point to grasp for some people on here...

wotsthat

Graham_Devon wrote: »

If it's a combination of both, then it's not "exactly as predicted" at all.

Don't worry too much....just challenging the statements.

Suppliers of houses will wish to sell more when prices are higher.

Buyers of houses finding they don't need to save as long to save a deposit will buy sooner.

What are you struggling with exactly?