Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

HPC thread of the week

Options
16465676970104

Comments

  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Rents here won`t be moving anytime soon, just accept it.

    You should probably mention that to your mates in the Edinburgh thread on HPC....

    Poor CCC doesn't seem to be having much luck with cheap renting since he moved out of his parents gaff.
    What's going on in the Edinburgh market just now - its mental.

    I am looking just now - anything vaguely reasonable fairly central for 1-2 bedrooms has a queue of 10 people wanting to view it and first come first served first pays the money gets it.

    Bloke I spoke to today clearly let's out plenty of places said he had never known anything like it - his phone hasn't stopped ringing.

    No sales nonsense either - its the impression I get from looking in the last few weeks too. Its nuts.

    http://www.housepricecrash.co.uk/forum/index.php?/topic/70013-edinbugh-latest/?p=1102729689

    :D
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    gadgetmind wrote: »
    You seem to have a conclusion in mind coupled with a compulsion to find evidence to support said conclusion. This way lies madness.


    Denial of a credit fuelled housing/consumption bubble is beyond madness.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    ukcarper wrote: »
    Prim mortgages are not a problem.


    They are if lies are told about who holds them.
  • The poor lads confused......very confused;)
    gadgetmind wrote: »
    You seem to have a conclusion in mind coupled with a compulsion to find evidence to support said conclusion. This way lies madness.

    I did say the poor lads confused, but as he's been predicting a 'crash' for the last two years, he may well be mad. I wonder what his excuse will be this time next year?
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    You should probably mention that to your mates in the Edinburgh thread on HPC....

    Poor CCC doesn't seem to be having much luck with cheap renting since he moved out of his parents gaff.



    http://www.housepricecrash.co.uk/forum/index.php?/topic/70013-edinbugh-latest/?p=1102729689

    :D


    That post was June last year mate. Strangely my landlord never contacted me to say anything about this supposed uptick in rental activity.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    They are if lies are told about who holds them.

    If the securities are prim mortgages then you don't need to lie about them.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    They are if lies are told about who holds them.

    Speaking of which, CCC says the rental market in Edinburgh is "madness" with stock flying off the shelves at full asking rents.

    You say there's a surplus of places to rent and nobody ever has to pay full asking rent, and that rents are crashing.

    Which one of you is lying?
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    That post was June last year mate. .

    And in June last year you were arguing over here that rents were crashing in Edinburgh.

    So which one of you was lying?
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • cells
    cells Posts: 5,246 Forumite
    Denial of a credit fuelled housing/consumption bubble is beyond madness.

    its not a bubble

    A bubble needs an overproduction and waste.
    The world does not have overproduction of homes, if anything there is still a shortage of some 2 billion homes worldwide.

    The UK needs to build another 10 million homes by 2050

    Even little ireland the poster child of 'the bubble' actually now has a shortage of homes
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Speaking of which, CCC says the rental market in Edinburgh is "madness" with stock flying off the shelves at full asking rents.

    You say there's a surplus of places to rent and nobody ever has to pay full asking rent, and that rents are crashing.

    Which one of you is lying?


    No, I said my rent has been stable since the late 90`s and that I have a flat just now. I also told you that the post you are salivating over is six months old. Oh and because there actually are empty flats not only in my block, but in the surrounding streets the desperate cash rich mob that ccc encountered couldn`t have made it up this far from wherever he saw them.......:rotfl:If you want to keep believing that rents are soaring in this economic environment I will leave that discussion for you and your doctor OK :money:
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.