Debate House Prices


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Who is responsible for the cost of house?

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Comments

  • antrobus wrote: »
    No. Mr Devon is wrong. Again......

    Unlike the said gentleman, even a stopped clock is right twice a day.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    LOL, Hey Crashy.

    Wouldn't it be great if you did some research and analysed the markets before speaking absolute drivel.


    What, is his posting rate only down 70% :rotfl:


    Old Chinese proverb - An axe is not the only tool on the board.
  • purch
    purch Posts: 9,865 Forumite

    They can be persuaded though, by prevailing opinion in the media and with their family and friends etc. This is how the massive property bubble got inflated.

    So you blame stupid people who can't make decisions for themselves :eek:
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • purch
    purch Posts: 9,865 Forumite
    Unlike the said gentleman, even a stopped clock is right twice a day.

    3 times on the last Sunday in October
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • westernpromise
    westernpromise Posts: 4,833 Forumite
    Undoubtedly the market has been propped up to an absurd degree over the last decade or so by banks and politicians.

    No, prices have been pushed up by buyers.

    Banks have nothing to do with it.

    Politicians do, but indirectly - by doing things like letting 7 million people into the country without admitting to it or making housebuilding easier, and by robbing pensions so that property looks like a better investment.

    If you think prices are too high, refuse to pay them. If you're right, everyone will agree with you and prices will fall.
  • westernpromise
    westernpromise Posts: 4,833 Forumite
    purch wrote: »
    So you blame stupid people who can't make decisions for themselves :eek:

    Fools and their money are lucky to get together in the first place.
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