Debate House Prices


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  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    cells wrote: »
    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


    There are empty flats in my block and surrounding streets of central Edinburgh.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    WHich is lovely and all, but...

    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”
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    HAMISH_MCTAVISH wrote: »
    WHich is lovely and all, but...

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

    So which one of you was lying?


    I only know about my rent.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Crashy_Time wrote: »
    I only know about my rent.

    So you were lying then about rents in wider Edinburgh.

    Good to know.
    “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
    Crashy_Time wrote: »
    There are empty flats in my block and surrounding streets of central Edinburgh.

    your that popular eh?
  • westernpromise
    westernpromise Posts: 4,833 Forumite
    HAMISH_MCTAVISH wrote: »
    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

    Rental demand is going mental because house prices are falling. Nobody wants to be stuck with a capital loss so they're piling into renting instead, for which, of course, they will be fully charged.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Crashy_Time wrote: »
    There are empty flats in my block and surrounding streets of central Edinburgh.

    Not surprised. Even benefits claimants get a bigger budget to spend and can live in nicer places.
  • caronoel
    caronoel Posts: 908 Forumite
    I've been Money Tipped!
    Crashy_Time wrote: »
    There are empty flats in my block and surrounding streets of central Edinburgh.

    Sounds like you live in a lovely part of town
  • System
    System Posts: 178,349 Community Admin
    10,000 Posts Photogenic Name Dropper
    Crashy_Time wrote: »
    I only know about my rent.

    Perhaps you could do the world a favour and stop making assumptions about everyone else's rent then?
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Not just assumptions but assertions!
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
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