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

Crashy_Time

ukcarper wrote: »

I'm not sure where buying comes into it I was referring to your luck in finding cheap rent someone made a inane post I replied and you commented on my reply. No mention of buying.

You do realise there is a market price for rent.

Most people are not "paying" for property, they are "borrowing" for property. It is a simple distinction, I was just pointing it out.

System

Crashy_Time wrote: »

I am an optician Joeskeppi, I deal with people who are blind ( to the facts) every day. What do you do?

Is this true or a gag? Optician would kind of make sense as I can't imagine they do a huge amount of communication via a keyboard.

I'm a computer nerd since you asked, software engineer if you want a posh title but I think it sounds a bit pretentious.

Rota

Joeskeppi wrote: »

Is this true or a gag? Optician would kind of make sense as I can't imagine they do a huge amount of communication via a keyboard.

I'm a computer nerd since you asked, software engineer if you want a posh title but I think it sounds a bit pretentious.

The avatar! :rotfl::rotfl:

System

Jack_Johnson_the_acorn wrote: »

To answer ......The value of a house is what someone is willing to pay for it..... Of course a shockingly low price on the same street would cause concerns. But would in no way dictate the price of all similar houses on that street.

It's a nonsense argument. A house sold on my wife's sister's road for a pittance recently but it didn't have a roof!

Jack_Johnson_the_acorn

Crashy_Time wrote: »

Did you ever answer that question? If the street bought years ago, and they have died/gone into care/ moved to Scotland/whatever, does their price cut to sell affect the muppet (you?) who bought at peak price?

P.S I bought in 2011, if you look at some house price data you will see that values have actually risen YOY since I bought....

I would suggest that the muppet is the person who paid off his LL's mortgages over a 17 year period..... :www:

HAMISH_MCTAVISH

Crashy_Time wrote: »

Don`t you want to save money on property

Nope.

We already own property.

And you are the kind of person that obsessively haunts share price forums trying to talk down the market, because you neglected to buy Apple in 1999 when it was cheap....

peak prices? Utter utter moron.

Peak is now.

And there will be a new peak next year, and the year after, and most years until the mid 2020's......

When the next crash is due.

In the meantime, you will have bought a second house for your landlord, because either you never learn or you'd so generous that buying him one house already just isn't enough......

I'll let our readers decide which one it is....:rotfl:

System

Jack_Johnson_the_acorn wrote: »

P.S I bought in 2011, if you look at some house price data you will see that values have actually risen YOY since I bought....

I would suggest that the muppet is the person who paid off his LL's mortgages over a 17 year period..... :www:

Peak price was today, did you buy today?

khards

Can anyone here anser a newbies question?

If high house prices are caused by a shortage of a million homes, then why did prices fall in 2008, 2009, 2010, 2011 and 2012?

Crashy_Time

Joeskeppi wrote: »

Is this true or a gag? Optician would kind of make sense as I can't imagine they do a huge amount of communication via a keyboard.

I'm a computer nerd since you asked, software engineer if you want a posh title but I think it sounds a bit pretentious.

It`s a gag, but my communication via the keyboard so far has injected more emotion into this thread than the whole of MSE has experienced in the last year. IMO. Software engineer is good, you shouldn`t really be worried about the price of houses?

ukcarper

Crashy_Time wrote: »

Most people are not "paying" for property, they are "borrowing" for property. It is a simple distinction, I was just pointing it out.

If you are on a repayment mortgage which most people are you are paying for property.