Debate House Prices


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'We've reached a tipping point' Signs of house price weakness

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Comments

  • Rota
    Rota Posts: 167 Forumite
    edited 6 August 2014 at 8:12PM
    hpc_troll wrote: »
    Apology accepted, my good man. I go by bland unsight over there these days, as I guess you must be aware. Glad you keep up with the hpc boards. Do you post?

    If you get a chance to get back to me on the "hpc strategy" question, I'd be grateful. Always good to have everyone on the same page.

    Ummm, I'd never post over there. The second you say something positive about house prices you are called an EA and banned. Its not real debate.

    What was the question again?
  • hpc_troll
    hpc_troll Posts: 48 Forumite
    Rota wrote: »
    Ummm, I'd never post over there. The second you say something positive about house prices you are called a EA and banned. Its not real debate.

    What was the question again?

    Well, if you're not even going to read my replies to your posts, I guess that we're not going to get much of a debate going here either. I will now select what I hope will be an appropriate emoticon, showing that I come in peace. :(
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Rota wrote: »
    Ummm, I'd never post over there. The second you say something positive about house prices you are called an EA and banned. Its not real debate.

    What was the question again?


    Have we reached a tipping point, is Hamish going to be banished to his cave?
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Crashy_Time wrote: »
    Have we reached a tipping point, is Hamish going to be banished to his cave?

    What tipping point is that?
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    ukcarper wrote: »
    What tipping point is that?


    The point where thousands of would be property sellers realise that they will never get the imaginary price they are holding out for and start cutting to get a sale. Already happening in London I believe.
  • Rota
    Rota Posts: 167 Forumite
    hpc_troll wrote: »
    Well, if you're not even going to read my replies to your posts, I guess that we're not going to get much of a debate going here either. I will now select what I hope will be an appropriate emoticon, showing that I come in peace. :(

    I cant see it! Can you post it again?
  • Rota
    Rota Posts: 167 Forumite
    Crashy_Time wrote: »
    The point where thousands of would be property sellers realise that they will never get the imaginary price they are holding out for and start cutting to get a sale. Already happening in London I believe.

    London prices went up 20% in the last 12 months. These recent reductions are the last of the chancers trying it on. So what happens now? That 20% reverses with a strengthening economy?

    Not a chance!
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Crashy the average price for England and Wales was £70k 17 years ago they are now £172k how close to £70k do you think prices will fall to.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    hpc_troll wrote: »
    If you get a chance to get back to me on the "hpc strategy" question, I'd be grateful. Always good to have everyone on the same page.

    It seems to involve buying a house for your landlord instead of yourself and much wishful thinking. Mix in some anger and the keywords sheeple, Ponzi, banksters and debt titty and that's it.

    You seem quite an elder statesman - you must have lost even more money than Crashy :(

    What's your username on HPC? Please be Bruce Banner.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Crashy_Time wrote: »
    The point where thousands of would be property sellers realise that they will never get the imaginary price they are holding out for and start cutting to get a sale. Already happening in London I believe.

    We will see it's not started where I am yet to be honest I'm shocked at the amount prices have increased over the last 6 months.
This discussion has been closed.
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