how many REALLY think there'll be a crash rather than a stabilisation ?

smugbear2007

mr.broderick wrote: »

Where do you live smugbear? Do you want a crash so you can afford to buy?

i can afford to buy now as prices in rotherham arent too bad when you consider you poor geezers in the south, how do you survive?
but its what you get for your money that is the issue with me. would i really want to pay 110k 650/month as a FTB to get a small 3bed excouncil house in a dodgy area of rotherham when i can rent a huge 3 bed semi/big garden in the best bit of town for 425/month.
yeah i guess i want them to crash so i can afford to buy something decent. my 15k savings is getting bigger by the month.
i will now stop with my HPC rambles. i like this forum though, more diverse opinions.
what is the animal then MBH? my brain hurts because i went out and got trolleyed last night, hangover central

smugbear2007

Snow_Dog wrote: »

What I would like to know is, is selfsatisfiedbear going to contribute in any way on the rest of the MSE forums, in the spirit in which they were setup, or is pontificatingbear going to just spout HPC party line for a month or so then bogof?

i just stumbled across this site the other night, my rambles are finished now mate and we must all try to conduct ourselves in the correct spirit of the forum . point taken.
i could probably learn something from the investment topics actually as im so confused where to stick my wedge

Snow_Dog

smugbear2007 wrote: »

i just stumbled across this site the other night, my rambles are finished now mate and we must all try to conduct ourselves in the correct spirit of the forum . point taken.
i could probably learn something from the investment topics actually as im so confused where to stick my wedge

:beer:

Dunstonh on the investment board usually gives sound advice.

Rambles are good on here and its never one sided, most on here are open to all sides of the crash/no crash/stagnation theories and there are usually some good discussions, the only posters that usually get shot down are the ones that turn up, copy/paste a bunch of stuff from HPC then never post again apart from on HPC to gloat about how they've managed to stir up on another forum.

:beer:

Helen_Richardson

The trend in UK House prices

dolce_vita

Helen_Richardson wrote: »

The trend in UK House prices

P1ss off Bruno/Helen

Kez100

Northing in the UK is ever stable. It's always boom or bust. Its the nature of the Brits - we love revelling in our gains, we love moaning about being hard done by. The media don't help either as every headline is either 'wonderful' or 'downright awful'.

nelly_2

Helen_Richardson wrote: »

The trend in UK House prices

!!!!!! is that wall paper all about?

Have homebase started a 'George and Mildred' collection?:rotfl: :rotfl: :rotfl:

Melissa177

beingjdc wrote: »

There definitely won't be a stabilisation. Prices could carry on going up, or (more likely) correct/crash. A stabilisation doesn't add up - so many properties are currently being bought to let by people who have to subsidise the tenants, and do so because the price of the property is going enough to compensate them.

If the price of property looks like falling, those buyers turn into sellers, and flood the market, but demand disappears. Prices fall, more investors sell, repeat from start.

Where do the people living in rented accommodation then live when their landlords sell up? There's your demand - they want somewhere to buy/rent too.

Melissa177

wolvoman wrote: »

Interesting.
I'm pretty much a FTB. I earn over 50% more than the average London salary, I have a 6 figure deposit and yet I still cannot afford much more than a 1-2 bed flat in an average London neighbourhood.

It must be impossible for those FTBs with smaller deposits on average salaries.

4 x 45K salary = 180K. Add on 100K deposit and you have 280K.

That's enough to get you a flat in London. And I'm being conservative with my estimates.

It might not be the best flat in the world (I'm guessing you work for a bank), but it would get you on the property ladder.

Broken_hearted

I don't see how we can go on without a crash. There are too many people in too much debt. Just one push will send them over the edge, the houses start getting repossesed driving the market down.