Debate House Prices


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The 2015 HAMISH MCTAVISH Predictions Thread

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Comments

  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Pretty silly post IMO, don`t you know how important the North Sea has been to the UK economy, or that people from all over the UK are employed (or were employed) in the North Sea oil sector? That means mortgages and BTL`s in Aberdeen and various parts of the UK relying on North Sea oil money have just had their oxygen supply pulled. Maybe you just don`t like engaging with the realities of what a rent and house price crash looks like for fear of denting your own rose tinted view?

    Life will go on mate. Try not to worry.
  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Pretty silly post IMO, don`t you know how important the North Sea has been to the UK economy, or that people from all over the UK are employed (or were employed) in the North Sea oil sector? That means mortgages and BTL`s in Aberdeen and various parts of the UK relying on North Sea oil money have just had their oxygen supply pulled. Maybe you just don`t like engaging with the realities of what a rent and house price crash looks like for fear of denting your own rose tinted view?

    Pretty silly post IMO, don`t you know how important London has been to the UK economy, or that people from all over the UK are employed (or were employed) by the City? That means mortgages and BTL`s in London and various parts of the UK relying on the City's money have just had their oxygen supply increased. Maybe you just don`t like engaging with the realities of what a rent and house price inflation looks like for fear of denting your own rose tinted view?
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Pretty silly post IMO, don`t you know how important London has been to the UK economy, or that people from all over the UK are employed (or were employed) by the City? That means mortgages and BTL`s in London and various parts of the UK relying on the City's money have just had their oxygen supply increased. Maybe you just don`t like engaging with the realities of what a rent and house price inflation looks like for fear of denting your own rose tinted view?


    So people are losing their banking jobs but the oxygen supply has increased? You have a strange world view.
  • System
    System Posts: 178,354 Community Admin
    10,000 Posts Photogenic Name Dropper
    Says the person who spends his time counting people`s posts.

    Hint: There's a search function. I can spare 5 seconds out of my day to prove you're obsessed :)
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    So people are losing their banking jobs but the oxygen supply has increased? You have a strange world view.


    .....and of course anyone who's been predicting House price crash's for the last 10 years, isn't?
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Joeskeppi wrote: »
    Hint: There's a search function. I can spare 5 seconds out of my day to prove you're obsessed :)


    Why wouldn`t someone who wants a HPC not be interested in a market where it is actually happening?
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    .....and of course anyone who's been predicting House price crash's for the last 10 years, isn't?


    But you agree that bankers are losing their jobs and that the money that was once there to pump London and float other markets near London isn`t there any more right?
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    Pretty silly post IMO, don`t you know how important the North Sea has been to the UK economy, or that people from all over the UK are employed (or were employed) in the North Sea oil sector? That means mortgages and BTL`s in Aberdeen and various parts of the UK relying on North Sea oil money have just had their oxygen supply pulled. Maybe you just don`t like engaging with the realities of what a rent and house price crash looks like for fear of denting your own rose tinted view?

    Whatever.

    Oil is not an unimportant part of the economy, but nor are we solely reliant on oil. It accounts for less than 10% of our total tax take, per PWC. More so Scotland, but luckily they didn't vote for independence.

    As for Aberdeen, it is a city of 200,000 in a country of 64 million. It just isn't that important to the vast majority of Brits, who are going about their normal lives rather than worrying about house prices the other end of the country. As much as you'd like it to be otherwise.
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    vivatifosi wrote: »
    Whatever.

    Oil is not an unimportant part of the economy, but nor are we solely reliant on oil. It accounts for less than 10% of our total tax take, per PWC. More so Scotland, but luckily they didn't vote for independence.

    As for Aberdeen, it is a city of 200,000 in a country of 64 million. It just isn't that important to the vast majority of Brits, who are going about their normal lives rather than worrying about house prices the other end of the country. As much as you'd like it to be otherwise.

    With respect to HAMISH and any other posters with strong ties to Aberdeen, I suspect that if the town slipped into the sea then within a few years it would simply be an oddity unnoticed for most.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    vivatifosi wrote: »
    Whatever.

    Oil is not an unimportant part of the economy, but nor are we solely reliant on oil. It accounts for less than 10% of our total tax take, per PWC. More so Scotland, but luckily they didn't vote for independence.

    As for Aberdeen, it is a city of 200,000 in a country of 64 million. It just isn't that important to the vast majority of Brits, who are going about their normal lives rather than worrying about house prices the other end of the country. As much as you'd like it to be otherwise.


    It skews the house price averages up for Scotland as a whole, as does London for the UK, when these cities pop people will notice.
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